Principal Finance Officer at Financial Reporting Centre (FRC)

REF: CS2/04/2020 – PRINCIPAL FINANCE OFFICER, FRC GRADE 4 ONE (1) POST

The Principal Finance Officer will report to the Manager, Finance and Accounts.

Job Description

Duties and responsibilities:-

• Interpreting and communicating budgetary guidelines as stipulated in Public Financial Management Act and Regulations;
• Coordinating the preparation of budget and revised estimates;
• Reviewing and submitting for approval the departmental work plans and budget;
• Consolidating annual and revised budgets for presentation to the Board;
• Monitoring budget implementation for management decision;
• Developing and documenting financial processes, manuals and accounting policies to maintain and strengthen internal controls;
• Reviewing monthly, quarterly and annual expenditure variance reports;
• Reviewing and reporting on the status of budget implementation and absorption levels;
• Developing short-term, medium-term and long-term revenue and expenditure framework;
• Ensuring expenditures are within the voted provision;
• Identifying, documenting and mitigating risks in the department; and
• Participating in training of staff and stakeholders on public finance management;

Person Specifications

• At least six (6) years’ work experience in finance or accounts, three (3) of which must have been in a supervisory position;
• Bachelors’ degree in either Commerce (Accounting / Finance Option), Business Management (Accounting/Finance Option), Economics, or equivalent qualification from a recognized institution;
• Masters’ degree in either Business Administration, Finance, Commerce or equivalent qualifications from a recognized institution;
• Membership of the Institute of Certified Public Accountants of Kenya (ICPAK)/Association of Chartered Certified Accountants (ACCA) or any other recognized professional body and in good standing;
• Management course of at least four (4) weeks from a recognized institution;
• Fulfill the requirements of Chapter Six of the Constitution of Kenya; and
• Must be a citizen of Kenya.

Key Competencies and Skills

• Excellent planning and analytical skills;
• Good Communication and reporting skills;
• Good interpersonal skills;
• High level of judgement and integrity;
• Competence in work performance; and
• Proficiency in computer applications