Manager, Finance and Accounts at The Rural Electrification and Renewable Energy Corporation

Job Specification
Duties and responsibilities will entail:-

• Manage all issues regarding the financing of Corporation activities;
• Participate in Development and implementation of sound financial management policies and procedures;
• Consolidating the Corporation printed budget estimates and revised budget as per guidelines issued by National Treasury;
• Forecasting Annual cash flow requirements and coordinate preparation of annual budgets;
• Scheduling all payments within the Corporation’s budgetary provisions;
• Ensure Budgetary and cost control by reviewing expenditure returns from departments, prepare variance analysis and recommend corrective action
• Guide other departments by interpreting government accounting policy and applying it in all operations of the Corporation;
• Plan and coordinate timely preparation of annual Work Plans and budget estimates.
• Develop and manage internal controls and compliance;
• Participate in Public Private Partnership program strategies and resource mobilization;
• Analyse and interpret financial reports and other accounting records;
• Ensure prudent and optimal utilization of Corporation funds and Assets;
• Manage proper records of financial transactions;
• Oversee preparation of the final Annual report and financial Statements in accordance with accounting standards and procedures and submission to relevant institutions;
• Review and ensure timely and accurate preparation of management accounting reports on quarterly and annual basis;
• Maintain accurate and complete financial record of the Corporation and regularly review the financial system;
• Undertake financial risk management;
• Monitor and evaluate funds applications and accountability;
• Ensure compliance with applicable financial statutory obligations and circulars;
• Ensure proper Revenue and Treasury Management and reporting;
• Ensure adequate response to queries related to implementation of Rural
• Electrification Programme fund are provided; and
• Ensure timely production of accurate monthly, quarterly and annual reports on rural Electrification Programme Fund collections;

Person Specifications

For appointment to this grade, a candidate must have:-

• A minimum period of ten (10) years relevant work experience and at least four (4) in a management role in comparable and relevant position;
• Masters Degree in any of the following: Accounting, Business Administration, Finance or their equivalent qualification from a recognized Institution;
• Bachelors Degree in any of the following: Commerce, Business Administration, Business Management (Finance or Accounting option) or other relevant and equivalent qualifications from a recognized institution;
• Certified Public Accountant Part III (CPA K) or Associate of Certified Chartered Accountant (ACCA);
• Certificate in management course lasting not less than four (4) weeks from a recognized institution;
• Membership in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body;
•  Proficiency in computer applications;
• Demonstrated competence in work performance; and Fulfilled the requirements of Chapter Six of the Constitution.