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  • Posted: Feb 16, 2022
    Deadline: Feb 28, 2022
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    The Public Sector Accounting Standards Board (PSASB), is a semi-autonomous State Agency established by the Public Finance Management (PFM) Act No.18 of 2012. The Board is mandated to provide frameworks and set standards for the development and management of accounting, financial and internal audit systems for all state organs and public entities.
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    Principal Officer, Accounting Standard ASB 4

    REF:PSASB/03/2022

    Terms of engagement: Permanent and Pensionable

    Job Summary

    1. Reporting to the Manager Accounting Standards, the officer will be responsible for:
    2. Participating in the Development and implementation of accounting standards and financial reporting strategies, policies and procedures.
    3. Participating in setting and implementation of generally accepted accounting and financial standards by all non-commercial public sector entities.
    4. Participating in the setting of generally accepted accounting and financial standards for non-commercial public sector entities.
    5. Participating in the process of prescribing the minimum standards of maintenance of proper books of accounts for all levels of Government.
    6. Participating in development and implementation of Accounting Standards guidelines by non-commercial public sector entities.
    7. Assisting in the development and review of templates and formats for financial statements and reporting to enable non-commercial public entities in compliance with prescribed standards.
    8. Providing input on gazettement and the effective dates of implementation of Accounting Standards, Frameworks & guidelines.
    9. Facilitating implementation of the prescribed Frameworks, Accounting Standards, and guidelines by non-commercial public entities and provide recommendations.
    10. Participating in research and development activities related to accounting standards in the organization.
    11. Implementing and monitoring transition to Accrual accounting for non-commercial Public Sector entities
    12. Drafting responses to Exposure drafts and make presentation on draft standards developed by the International Public Sector Accounting Standards Board (IPSASB).
    13. Providing input in the development of learning materials and facilitate training and capacity building of accounting standards in non-commercial public entities in compliance with the set frameworks, standards, & guidelines.
    14. Implement and monitor risk management Strategies and Business Continuity Plans in the Accounting Standards Directorate.
    15. Assist in Co-ordination of public participation in the development of guidelines and manuals.
    16. Develop an online repository for accounting standards learning materials and publications
    17. Implement business plans, work plan and annual operating budgets of the Division.

    Job Specifications

    The successful applicant must meet the following specifications:

    1. Served in a Financial, Accounting, Banking or Audit Function in a reputable organization for a minimum period of Nine (9) years three of which must have been in a senior position in a reputable organization
    2. Bachelor’s Degree in any of the following disciplines: - Finance, Accounting, or equivalent qualifications from a recognized institution.
    3. Masters degree in any of the following disciplines: - Finance, Accounting, or equivalent qualifications from a recognized institution will be an added advantage.
    4. Be a holder of CPA (K)/ACCA, CIFA or equivalent membership to a professional Body;
    5. Be a full member of ICPAK in good standing
    6. Management course lasting not less than four (4) weeks; from a recognized institution.
    7. Be of proven integrity, transparency and accountability
    8. Certificate in computer application skills from a recognized institution
    9. Demonstrated managerial, administrative and professional competence in work performance and results
    10. Meet the requirements of Chapter Six of the Constitution

    Method of Application

    If you can clearly demonstrate your ability to meet the specified criteria, please email your C.V, copies of academic and professional certificates and any other supporting documents to the address to recruitment@psasb.go.ke. Kindly indicate the reference number on the subject of the email. Candidates must attach clearance/compliance certificates from CID, HELB, EACC, CRB & KRA in their applications which should be received not later than 28th February, 2022 at 5.00pm. All applications should be addressed to:

    THE CHIEF EXECUTIVE OFFICER

    PUBLIC SECTOR ACCOUNTING STANDARDS BOARD

    CPA CENTRE, 8TH FLOOR

    P O BOX 38831-00100 NAIROBI

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