Principal Finance and Accounts Officer - 2 Posts at The Social Health Authority (SHA)

Qualifications, Skills and Experience Required:

Person Specifications: For appointment to this grade, an officer must have:

• Cumulative period of nine (9) years relevant work experience, three (3) years of which must have been at the grade of Senior Finance and Accounts Officer or in a comparable position.
• Bachelor’s degree in Commerce (Accounting or Finance Option), Business Administration (Accounting Option) or its equivalent qualification from a recognized institution.
• Certified Public Accountant (CPA)K by Kenya Accountants and Secretaries Examination Board (KASNEB) or any other relevant qualification from a recognized institution.
• Membership to a relevant professional body where applicable and in good standing.
• Certificate in Management Course lasting not less than four (4) weeks from a recognized institution.
• Proficiency in computer applications.

Responsibilities:

The Social Health Authority (SHA) is looking for a Principal Finance and Accounts Officer. This role involves developing and implementing financial policies, managing internal controls, monitoring revenue and expenditure, and ensuring compliance with financial regulations and statutory obligations.

Job Purpose: This cadre is responsible for ensuring prudent management of financial resources and the reporting thereof within the existing legal framework.

Key Duties and Responsibilities:

• Developing and implementing financial regulations, policies, strategies and plans.
• Preparing and reviewing budgets.
• Implementing Budgetary and expenditure control.
• Maintaining books of accounts and financial records.
• Monitoring revenue collection and expenditures based on approved budgets.
• Verifying bank reconciliation statements.
• Developing and implementing internal financial controls.
• Preparing financial and management reports and statements.
• Maintaining accurate and complete financial record of the Authority.
• Authorizing payments and claims within set limits as approved.
• Ensuring compliance with applicable financial statutory obligation and circulars.
• Managing financial risk control in the Authority.
• Liaising with administration to manage and maintain the Authority asset register.
• Liaising with internal and external auditors and responding to audit queries.
• Verifying records relating to Government grants and other donor funds.
• Monitoring of statutory deductions and remittance.
• Maintaining financial records for projects and programs.
• Identifying, analysing and managing of financial risk control in the Authority.
• Monitoring, analysing and reporting on revenue collection and expenditure based on approved budgets.
• Monitoring petty cash.
• Preparing periodic financial management reports.