Principal Finance Officer

Posted :

by :

  • Kenya

Website KENYA MARITIME AUTHORITY

About the Job

The accountants are responsible for ensuring prudent and optimum utilization of Authority funds and preparing financial reports. The finance officers are responsible for managing the financial resources of the Authority through preparation and submission of financing proposal to the government and other financing agencies.

Responsibilities

Review and ensure timely and accurate preparation of management accounting reports on monthly, quarterly and annual basis.
Ensuring timely and accurate preparation of annual budgets and revised budgets based on approved work plans.
Provide technical support to technical and other departments during the budget making process.
Reviewing expenditure returns from departments, prepare variance analysis and recommend corrective action.
Interpreting of financial policies for sound financial principles, practices procedures for effective internal control.
Assist other departmental and sectional Asst. Dir. in the management of their budgets through regular provision of reliable up to date financial information.
Carry out financial planning and consolidate department work plans.
Participate in Resource Mobilization initiatives of the Authority.
Verification of payroll, payment cheques, EFTs and bank transfers.
Approval of Purchase orders, Sales & Purchase invoices and staff imprests.
Review the coding of ledger and store items in the system to ensure that is accurate and sufficient.
Review all purchase requisition to ensure the estimate given by users are reasonable and within budget.

Requirements

Bachelor’s Degree in Commerce (Finance option), Economics, and Business Administration, Business Management or other relevant and equivalent qualifications from a recognized institution.
Master’s degree will be an added advantage.
Certified Public Accountant (CPA) or Associate of Certified Chartered Accountant (ACCA).
Membership in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body.
Should have a minimum of three (3) years relevant work experience.
Proficiency in computer applications.
Demonstrated results in work performance.

To apply for this job please visit kma.go.ke.