Principal Finance and Accounts Officer at Lake Victoria North Water Services Board

Vacancy No. LVNWWDA/PFAO/05/2026 ( 1 Post) – Permanent and Pensionable

• Monitoring expenditures of activities based on approved budgets on a periodic basis.
• Preparing bank reconciliation statements.
• Ensuring safe custody of LVNWWDA’s financial records and assets.
• Managing LVNWWDA cash flows.
• Ensuring security of cheques and cheque books and other accountable documents.
• Preparing annual budgets and provide technical support to functional areas during the budget making process by providing reliable up to date financial information.
• Ensuring budgets are submitted to the National Treasury or any other approved body within the prevailing timelines.
• Preparing draft annual and quarterly financial statements and accompanying schedules in accordance with PFM Act and IPSAS Managing the commitments and expenditures within available budgetary provisions.
• Analyzing the posting of transactions in the ERP system and for accuracy and completeness.
• Verifying and validating general ledger entries before posting to ensure accuracy of financial data.
• Verifying the payroll, payment cheques, EFTs and bank transfers, Local Purchase orders,
  Sales and Purchase invoices and staff imprests to ensure that they are accurate and within budget.
• Facilitating timely payments to suppliers, contractors, employees and other service providers through checking of payment vouchers, LPOs and imprests.
• Preparing monthly reconciliation of budget line items in ERP accounting system and review general ledger reconciliations.
• Maintaining and updating the asset register.
• Ensuring disposed assets are properly accounted for.
• Maintaining and updating data in the Government Investment Management System (GIMIS) or any other system approved by the government from time to time.
• Preparing monthly and quarterly expenditure and variance analysis reports.
• Maintaining records for debtors and generate regular reports to assist management in prompt collection of accounts receivable.
• Maintaining the fixed assets register as per statutory regulations.
• Prepare procurement plans for the Directorate.
• Prepare directorate budget and work-plan.
• Ensure implementation of the Strategic Plan and achievement of the corporate work-plan.
• Ensure efficient supervision and optimal utilization of the staff within the Directorate.

Personal Specifications

For appointment to this grade an officer must have:

• Cumulative service period of nine (9) years relevant work experience three (3) of which should have been in the grade of Senior Finance/Accounts Officer or in a comparable position.
• Bachelor’s degree in any of the following disciplines: Commerce, Accounting, Finance, Economics or a related qualification from a recognized and accredited institution.
• Membership to the Institute of Certified Public Accountants of Kenya (ICPAK) or a relevant professional body and in good standing.
• Part III Certified Public Accountant (CPA – K) by Kenya Accountants and Secretaries Examination Board (KASNEB) or equivalent qualification from an accredited examination body.
• Certificate in Management Course lasting not less than four (4) weeks from a recognized and accredited institution.
• Proficiency in computer applications.
• Shown merit and ability as reflected in work performance and results.