The Finance Division has the overall responsibility of undertaking the following functions: formulation and implementation of financial policies and procedures, budgeting and budgetary control, financial control, financial resources mobilization, accounting of the Corporation’s funds, maintaining accurate and up to date books of accounts, and other financial records, ensuring independent auditing is carried out, and ensuring compliance with statutory financial requirements.

Reporting to the General Manager Finance, the Chief Accountant will be responsible for all accounting aspects which include the preparation of timely and accurate financial reports and accounts in accordance with guidelines and timelines prescribed both internally and externally by the National Treasury. He /she will be responsible for the Corporation’s financial records and ensuring accounts are prepared in accordance with IAS accounting standards.

Key Duties and Responsibilities

• Undertake financially analysis and assessment of the Corporation’s financial base and generate reports to Management for review;


• Prepare timely and accurate financial reports and accounts including quarterly accounts and reconciliations as well as journal entries;


• Coordinate all budgetary processes in the Corporation;


• Effective management of the Corporation’s cash flow and reconciling cash books and bank balances; including monitoring expenditures, analyzing revenues and determining budget variances, then reporting the same to Management;


• Supervision of staff in the Accounts section of Finance Division;


• Handle all tax matters for the Corporation;


• Respond to accounting inquiries from Management and responses to audit queries; and


• Monitor creditors and ensure that payments are processed on time.

Job Specifications

• Be a holder of a Bachelor’s degree in Commerce (Accounting or Finance), or Business Administration;


• Be a holder of a Master’s degree in Business Administration, Finance or Accounting;


• Possess a Chartered Public Accountant (CPA(K)) qualification, or equivalent;


• Should be registered with the Institute of Certified Public Accountant of Kenya (ICPAK) for a minimum period of seven (7) years with good standing; and


• Have twelve (12) years experience as an Accountant of which six (6) should have been served at a senior management level.

Key Competencies

• Knowledge of computerized systems relevant to the position.


• A highly analytical individual with the ability to gather, analyze and evaluate facts and with the ability to prepare and present concise oral and written reports;


• Demonstrate excellent managerial and leadership skills and an effective communicator;


• Personal integrity with good work ethics and knowledge of principles of good corporate governance;


• Ability to establish and retain effective working relationships with both internal and external stakeholders.

Candidates will be required to satisfy the following additional requirements:

• Tax Compliance Certificate from the Kenya Revenue Authority;


• Clearance Certificate from the Higher Education Loans Board;


• Certificate of Good Conduct from the Directorate of Criminal Investigations;


• Report from an Approved Credit Reference Bureau; and


• Clearance from the Ethics and Anti-Corruption Commission