Job Openings at Kenya Power Pension Fund (KPPF)

Job Description

The role is responsible for receiving and banking all cash receipts, petty cash management and maintenance of accounting records. The role holder will also provide support to the Finance Officers.

Minimum Qualifications

• Qualification: Bachelors Degree
• Experience: 1 year(s)

Key Responsibilities

• Undertake proper accounting for the schemes and ensure correct apportioning of costs as per budgets
• Ensure timely submission of inputs for processing of financial information.
• Carry out bank reconciliations.
• Review general ledger to detect non-budgeted expenditures and investigate to determine corrections/
• Keep a record of the fixed assets and update it regularly.
• Handles any requests for budgetary information.
• Assist in providing relevant information/reports to external auditors.
• Receive invoices, ensure they have proper supporting documentation and record them in the system.
• Record all payments and receipts in ledgers.
• Prepare vouchers for approved payments.
• Facilitate release of cheques to customers and dispatch of payroll.
• Maintain the accounting registry.
• Responsible for petty cash and imprest management including maintenance of petty cash records and co
• Ensure accurate and timely computation and remittance of statutory requirements.
• Prepare weekly and monthly reports on payables and expenses.

Required Knowledge, Skills, and Abilities

• Bachelors Degree or an equivalent in bachelor of commerce (accounting/finance option) from accredited and recognized institution.
• Expertise in budgeting and budgetary controls and procedures for financial reporting.
• Proficiency in IT
• Interpersonal and cross-cultural skills, including ability to build collaborative relationships with sensitivity to diversity/inclusion.
• Creativity and innovation skills.
• Action oriented and demonstrated ability to manage priorities
• Quality focus and attention to detail.
• Professionalism and integrity in line with Kenya Power Pension Fund values
• Good oral and written communication skills.
• Critical and analytical thinking and problem-solving skills.
• Personal motivation and drive exhibited through commitment to hard work, continuous improvement, and achievement of goals.
• Good customer relationship management skills (internal and external customers).
• Risk awareness and focus - demonstrate understanding of risk management practices, standards and regulatory requirements.

Deadline: Friday, April 14, 2023

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Job Description

The Pensions Officer is responsible for computation of death benefits, timely processing of the payroll, processing of Orphans Trustee Program (OTP) requisitions and maintenance of accurate member records.

Minimum Qualifications

• Qualification: Bachelors Degree
• Experience: 3 year(s)

Key Responsibilities

• Process death benefits – death in service and death in retirement.
• Prepare and compute death benefits calculations to ensure payments are timely and in line with Fund’
• Process pensioners’ monthly payroll
• Update and maintain all member records to ensure completeness and accuracy of maintained records at
• Carry out due diligence to confirm correctness and confidentiality of details provided by members.
• Handle queries and concerns related pension matters.
• Administration of Orphans Trustee Program (OTP)

Required Knowledge, Skills, and Abilities

• Bachelors Degree or an equivalent in bachelor of science (actuarial science with it) from accredited and recognized institution.
• Bachelors Degree or an equivalent in bachelor of business management from accredited and recognized institution.
• Proficiency of IT
• Interpersonal and cross-cultural skills
• Creativity and innovation skills.
• Action oriented and demonstrated ability to manage priorities
• Quality focus and attention to detail.
• Professionalism and integrity in line with Kenya Power Pension Fund values
• Good oral and written communication skills.
• Critical and analytical thinking and problem solving skills
• Personal motivation and drive exhibited through commitment to hard work, continuous improvement, and achievement of goals.
• Good customer relationship management skills (internal and external customers).
• Risk awareness and focus - demonstrate understanding of risk management practices, standards and regulatory requirements

Deadline: Friday, April 07, 2023