Senior Finance Officer at Kenya National Chamber of Commerce and Industry (KNCCI)

KNCCI is seeking to engage Senior Finance Officer who will be responsible for all aspects of financial management for the Jiinue Growth Program. The role is expected to establish effective accounting systems and procedures and provide sound financial advice and ensure compliance.

Responsibilities

Financial Management

• Process and facilitate all payments or fund transfers for the project.
• Ensure that expenditures are authorized, approved, and supported by adequate documentation.
• Ensure that transactions are properly coded, and if applicable expense allocations are properly made.
• Preparing and controlling the projects budgets and analyzing budget variances.
• Undertake basic financial analysis (variance analysis) to support project information needed.
• Work with project manager in the development of budget
• Monitor budget expenditures and maintain proper record of approved project budgets and their revision.
• Manage grant payables and receivables

Audit and compliance

• Establish and implement internal control, policies and procedures to ensure that the project day- to-day operational activities are efficient and effective and are in-line with approved strategic initiatives and budgetary allocation.
• Conduct reviews and evaluation of cost reduction opportunities for the project operations
• Bank reconciliation
• Prepares documents and schedules for audit
• Analyze financial reports to ensure that the project stays within the budget

Administration

• Support and issue guidance to the project team for financial queries, documentation and payments
• Receive all the procurement expenses documents and ensure timely payments
• Preparing payroll for the Project team.
• Send individual pay slips/receipt vouchers according to payroll ready for signature when funding is received
• Ensure proper filing (electronic and hard copy) of financial documents and safe keeping of the documents
• Maintain the project asset register and timely reporting of damages of the assets.
• Initiating and overseeing stock taking, and special

Reporting

• Preparing monthly, quarterly, and annual reports for the program.
• Actively monitor financial transactions, Prepare and present monthly, quarterly and annual financial statements.

Academic and Professional Qualifications:

• Bachelor’s Degree in Accounting, Finance or related field.
• At least 5 years’ professional experience in finance, business administration, project management, and other relevant work
• Experience in financial management for donor-funded project is an added advantage.
• Must be a member of the institute of Certified Public Accountants of Kenya (ICPAK)
• Proficiency in Microsoft Office Suite – advanced Excel, Word and PowerPoint skills.
• Good analytical and communication skills.
• Excellent reporting, communication, and presentation skills