Principal Finance Officer
Full time @Public Benefit Organizations Regulatory Authority posted 2 months ago in Accounting/Finance , in Government Shortlist Email JobJob Detail
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Job ID 2377
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Offered Salary 1000
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Career Level Others
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Experience 10 Years +
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Gender Both
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Industry Government
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Qualifications Degree Bachelor
Job Description
Job Title Principal Finance Officer
Grade/Level PBORA 4
Reference PBORA/4/PFO/2025
Positions 1
a) Job Specification
Duties and responsibilities at this level will entail: –
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 Authority.
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 revenue reconciliation i.e Projection Vs Actual collection;
xiv. Ensure timely collection of revenue;
xv. Ensure records and data on revenue are properly maintained;
xvi. Liaise internally with other departments on matters related to revenue;
xvii. Advice on review of services rates whenever necessary;
xviii. Advise on appropriate technology/system to be used for projection, collection and
reconciliation of revenue; and
xix. Ensure timely production of accurate monthly, quarterly and annual reports on revenue
collections;
xx. Any other duties as assigned from time to time
b) Person Specifications
For appointment to this grade, an officer must have:
i. A minimum of ten (10) years’ work experience and at least five (5) in a supervisory role
in the Public Service or Private Sector;
ii. Master’s Degree in any of the following disciplines: – Business Administration preferably
in Finance or equivalent qualifications from a recognized University or institution;
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iii. Bachelor’s degree in Commerce (Finance option), Economics, and Business
Administration, Business Management or other relevant and equivalent qualifications
from a recognized institution;
iv. Minimum KCSE C+ (plus) or its equivalent
v. Certified Public Accountant (CPA) or Associate of Certified Chartered Accountant
(ACCA);
vi. Membership in good standing of the Institute of Certified Public Accountants of Kenya
(ICPAK) or any other recognized professional body;
vii. Certificate in Management Course lasting not less than six (6) weeks from a recognized
institution;
viii. Proficiency in computer applications;
ix. Demonstrated results in work performance
x. Fulfilled the requirements of Chapter Six of the constitution;
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