Job Description
For appointment to this grade, an officer must have:
(i) served for a minimum period of three (3) at the grade of Principal Debt Settlement Officer, ‘CGS 8’ or in a comparable and relevant position in the wider public service;
(ii) a Bachelors degree in any of the following fields: Economics and Statistics, Economics and Mathematics, Computer Science, Information Communication Technology, Commerce (Accounting or Finance option), Business Administration (Accounting or Finance option) or any other equivalent qualification from a university recognized in Kenya;
(iii) certificate in any of the following fields: Public Debt Management, Monitoring and Evaluation, Project Management, Debt Management Performance Assessment, Debt Sustainability Analysis, Macro- Economic Analysis and Modeling/Reporting, Policy formulation, Public Debt restructuring, or any other equivalent qualification from a recognized institution;
(iv) demonstrated professional competence and managerial capabilities.
Duties and Responsibilities
An officer at this level will be responsible to the Deputy Director, Debt Settlement. Specific duties and responsibilities include:
(i) monitoring and updating Period End Processing debt data;
(ii) evaluating debt data for reporting and analysis;
(iii) reviewing bank reconciliation reports and authorizing Payment Advice and cash call ups;
(iv) evaluating final annual accounts for Consolidated Funds Service;
(v) undertaking research on debt recording and settlement;
(vi) initiating periodic reviews of recording and settlement functions;
(vii) participating in funding and cash management;
(viii) reviewing exchequer requisition;
(ix) establishing internal control mechanisms; and
(x) ensuring safe custody of stock of Payment Advice Forms (PAs) and Loan agreements.