Senior Accountant, Budget and Final Accounts at Africa Nazarene University (ANU)

JOB REF: ANU/FIN/05/22

Job Purpose:

Responsible for reviewing budget proposals and requests for funding, evaluating spending needs, conducting cost-benefit analyses, and preparing financial reports.

Key Duties and Responsibilities:

• Develop the budget and final accounts section’s strategy, program, policy, procedures, plan and guidelines
• Review budget proposals and requests for funding, evaluating spending needs, conducting costbenefit analyses, and examining them for completeness, accuracy, and conformance with procedures and regulations
• Coordinate the planning and development of operating budgets, in coordination with the university faculty and department heads. Develop the Master Budget for the university
• Consolidate information from various sources including departmental input, operational expenditure history, strategic projects to validate and recommend approval of the Master Budget. Summarize budgets and submit recommendations for the approval or disapproval of funds requests
• Review availability of funding and approve budget revisions and adjustments.
• Monitor and analyze department’s budgets to ensure compliance.
• Prepare variance analysis report between budgeted and actual financial results at the end of each reporting period.
• Review and advise the university on the financial viability/cost-benefit, and the relative ranking of
• capital requests and special project/program proposals for funding
• Prepare monthly, quarterly, and annual financial reports in line with set standards
• Advice the university management on tax affairs and changes in tax laws. Ensure all taxes and statutory deductions are paid and submitted within deadlines
• Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources
• Review operating budgets to analyze trends affecting budget needs.
• Participate in development and support implementation of the department’s performance management strategies.
• Mentor, coach and supervise subordinate staff.
• Any other duty assigned.

Academic and Professional Requirements:

• MBA, MSc in Finance or equivalent
• Relevant professional qualification e.g. CPA (K) or equivalent
• Member of a relevant professional body in good standing
• Minimum of four (4) years relevant experience.
• Experience in external or internal audit engagement will be an added advantage.

Key Skills and Experience:

• Experienced financial/accounting professional with 4+ years of post-qualification experience, preferably working service industry/professional accounting firms
• Experience with preparation of management accounts, financial reporting, and budgeting
• Demonstrable experience in development and execution of organization strategy and business plans
• Experience and proficiency in the use of accounting software. ERP or MS Navision experience will be an added advantage
• Competent knowledge and use of MS office and general IT skills

Competencies:

• Advanced numeracy and analytical skills
• Good interpersonal and Communication skills
• Good planning and Organization skills
• Leadership and fast-paced team player
• Problem analysis and problem-solving skills
• Attention to detail and accuracy