Manager - Cash & Treasury Management at Kenya Revenue Authority (KRA)

JOB DESCRIPTIONS AND SPECIFICATIONS  

This position reports to the Chief Manager – Financial Reporting and Accounting

Duties and Responsibilities

The job holder is responsible for managing the Authority’s finances to meet the operating financial requirements, investment of free funds, and management of foreign exchange risk.

• Prepare daily cash flow forecasts -  monitor, analyze and manage daily liquidity, execute daily financing and investment decisions  
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
• Set up and manage all aspects of In-house financial investment portfolios; determine risk tolerance level and optimize return on funds invested
• Manage relationships with all financial service providers 
• Follow up on funding with the National Treasury
• Maintain and manage all financial records, logs, and registers with financial data
• Evaluate alternative financing strategies and make recommendations to Management
• Reconciling of investment income statements against the General Ledger
• Maintain a system of policies and procedures; formulate and implement investment policies, including the establishment of risk parameters and  Treasury operational policies / procedures that impose an adequate level of control over treasury activities
• Participate in the development of a comprehensive annual work plan for the Operations Cash Office.
• Ensure treasury activities are in compliance with the law, treasury policies, accounting guidelines and internal controls
• Responsible for the payment of 3rd party and staff claims.
• Responsible for the responding to Internal and External Audit issues relating to the Operations Cash Office.
• Supervision and appraisal of staff in the Operations Cash Office.

 Specific requirements

• University degree in Commerce /Economics/Business Administration or related field 
• CPA or ACCA Finalist  
• Member of ICPAK or any other equivalent professional body
• Computer literacy
• At least five years experience in an accounting or auditing department / set up of which two years should be at Managerial or Asst. Managerial level.

Competencies required for this Role

• High integrity
• Analytical skills
• Communication & Interpersonal skills
• Team player & Results oriented
• Good Presentation skills