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Principal Finance Officer Job Vacancy at Rural Electrification and Renewable Energy Corporation

  • Experience Required:8 Years
  • Total Positions:1
  • Job Type: Full Time
  • Job Category: Finance
  • Minimum Education: Degree
  • Job Location: Nairobi, Kenya
  • Posted on: July 5, 2023
  • Last Date: July 24, 2023

Job Description

(a) Job Specification

(i) Review and ensure timely and accurate preparation of management
accounting reports on monthly, quarterly and annual basis;
(ii) Ensuring timely and accurate preparation of annual budgets and revised
budgets based on approved work plans;
(iii) Provide technical support to technical and other departments during the
budget making process;
(iv) Reviewing expenditure returns from departments, prepare variance
analysis and recommend corrective action;
(v) Interpreting of financial policies for sound financial principles, practices
procedures for effective internal control;
(vi) Assist other departmental and sectional managers in the management of
their budgets through regular provision of reliable up to date financial
information;
(vii) Carry out financial planning and consolidate department work plans;
(viii) Participate in Resource Mobilization initiatives of the Corporation;
(ix) Verification of payroll, payment cheques, EFTs and bank transfers;
(x) Approval of Purchase orders, Sales & Purchase invoices and staff imprests;
(xi) Review the coding of ledger and store items in the system to ensure that
is accurate and sufficient;
(xii) Review all purchase requisition to ensure the estimate given by users are
reasonable and within budget;
(xiii) Review all corporations funds Reconciliation i.e. Projection vs Actual
collection;
(xiv) Ensure timely collection of corporation’s funds;
(xv) Ensure records and data on corporation’s funds are properly maintained;
and
(xvi) Ensure timely production of accurate monthly, quarterly and annual
reports.

(b) Person Specifications
For appointment to this grade, a candidate must have:-
(i) A minimum of eight (8) years’ relevant work experience and at least three
(3) in a supervisory role in the Public Service or Private Sector;
(ii) Masters degree in any of the following disciplines: Business Administration
(Finance or Accounting option) or equivalent qualifications from a
recognized University or institution;
(iii) Bachelors degree in any of the following: Commerce, Business
Administration (Finance or Accounting option), Business Management or
other relevant and equivalent qualifications from a recognized institution;
(iv) Passed Part III of the Certified Public Accountants (CPA)
Examination/ACCA affiliate Exams;
(v) Membership in good standing of the Institute of Certified Public
Accountants of Kenya (ICPAK) or any other recognized professional body;
(vi) Certificate in Management Course lasting not less than our (4) weeks from
a recognized institution;
(vii) Proficiency in computer applications;
(viii) Demonstrated competence in work performance; and
(ix) Fulfilled the requirements of Chapter Six of the Constitution

Skills Required

Interpersonal Skills
Communication Skills

Application Details


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