Senior Accountant at The Open University of Kenya

Duties & Responsibilities

Duties

• Prepare the annual report and financial statements in compliance with IPSAS standards.
• Prepare quarterly financial reports along with the corresponding Council reports.
• Serve as the liaison officer for both internal and external audit exercises.
• Lead the preparation of annual and revised recurrent and capital development budgets.
• Financial reporting of research grants, donors and other collaborative activities.
• Organize and manage accounting sections, including directing, controlling, and coordinating routine and non-routine accounting activities.
• Interpret financial policies, administer budgetary control systems, and implement management accounting processes.
• Lead the implementation and management of the finance modules within the ERP system.
• Provide advice on financial policies to ensure sound accounting practices and compliance with relevant financial laws and regulations.
• Train, mentor, and develop finance staff.
• Perform any other duties and responsibilities assigned from time to time.

Required Qualifications and Competencies

For appointment to this grade, one MUST have:

Must Have

• A Master’s Degree from a recognized University in a relevant field such as Accounting, finance or Business Administration and;
• A Bachelor’s degree from a recognized University in a relevant field such as Accounting, finance or Business Administration.
• CPA (K) and nine (9) years’ experience, three (3) of which Must be at the level of Accountant 1 grade 12 or equivalent from a comparable institution.
• Registered with ICPAK and in good standing.
• Active engagement in preparation of budgets, quarterly and annual financial reports.
• Shown merit and ability reflected in work performance and results.
• Certificate in proficiency of application of ERP systems and Advanced Excel in processing transactions.
• Knowledge of grant cost applications, donor financial management, and compliance with donor regulations will be an added advantage.
• Knowledge of Public Finance Management Act, 2012 (regulations 2015), Public Procurement and Asset Disposal Act, 2015, local taxation laws and all other laws governing management and financial reporting.