Accounting Job in Kenya

POSITION: CHIEF FINANCE OFFICER – REF: JOOUST/FIN/CFO/5/22

Job Responsibilities and Roles

The Chief Finance
Officer shall provide leadership in financial matters of the University
including the preparation of comprehensive financial statements, monitoring the
budget and the finance department operations to ensure that the financial
reports comply with the international financial reporting standards and other
relevant regulations and guidelines for the proper running of the university.
Reporting to the Vice-Chancellor through the Deputy Vice-Chancellor for the
time being responsible for finance, the Chief Finance Officer shall be
responsible for the following:

• Formulate,
  develop and implement financial policies for the finance department to
  ensure that they are in line with the financial regulations and accounting
  standards.


• Develop
  annual budgets for the institution for proper management of resources


• Advise
  the on new investment opportunities for the university to aid in the generation
  of income and increase the university’s net worth.


• Allocate
  duties to the finance staff and supervise them to ensure quality service
  delivery to the students, staff, and other authorized guests who may
  require finance services.


• Provide
  management advice on the final financial statements before being submitted
  to the auditors for examination on their status in regard to true and fair
  representation of the university.


• Provide
  advice to the institution on financial matters for example financial status,
  source of funds, donors, and how to allocate funds to various projects
  that are viable to the university.


• Control
  the financial resources to ensure optimal utilization of financial
  resources through proper allocation of funds to various departments in the
  institution.


• Review
  the university financial statements to ensure that they comply with the
  regulatory requirements e.g., international financial reporting standards.


• Organize
  staff training and development programs to ensure continuous development
  of staff for better services in the department.


• Monitor
  the university expenditure to ensure university budgetary control is
  strictly adhered to for proper utilization of the university resources.


• Prepare
  management and statutory reports and publications for submission to the
  public.


• Consolidate
  the budget for the entire university in compliance with the financial
  standards and regulatory framework


• Prepare
  comprehensive financial statements for publication and presentation to the
  relevant regulatory bodies to show the status of the university.


• Approve
  and authorize the university expenditure in line with the budget to
  support the university operations and promote academic excellence

Minimum Qualifications and Experience

• Ph.D.
  holder in Finance, Accounting, or any other related field with ten (10)
  years experience OR Master’s degree in Finance, Accounting or any other
  related field with fifteen (15) years of relevant experience with the
  Bachelor’s degree in Accounting, Finance, Business Administration,
  Economics or its equivalent

• Must
  have served as Deputy Finance Officer grade 14 or equivalent for at least
  three (3) years in a university or equivalent institution.


• CPA(K),
  ACCA or CIMA(UK), or equivalent qualification.


• Must
  be a member of a relevant professional body for example Institute of
  Certified Public Accountants with at least three (3) years in good
  standing since registration.



• Knowledge
  and practical experience in the use of ERP Systems are desirable


• Must
  possess working knowledge of computerized financial management systems
  e.g., ACCPAC, Sage, Pastel, Great Plains Microsoft Dynamics


• Demonstrate
  outstanding qualities of leadership, coordination and organizational
  capabilities, at top management level.

Terms of Service

Successful candidates
will be employed on Permanent and Pensionable Terms EXCEPT for
the position of Chief Finance Officer and
Chief Internal Auditor which shall be on a five (5)-year Contract Terms
renewable based on satisfactory performance.

How to apply

Candidates are advised
to visit the Jaramogi Oginga Odinga University of Science and Technology
website www.jooust.ac.ke for the positions advertised.

Candidates who satisfy
the requirement stated above should forward their application both in soft
and hard copy, quoting the reference number for the position
applied for including up to date curriculum vitae, details of current
remuneration, certified copies of academic and professional certificates, and
testimonials as well as names and contacts ( including postal and email
addresses, and daytime telephone numbers) of three referees to reach the
under-mentioned So as to be received on or before 15^th May 2022 by
5.00 pm.

Applicants should also
meet the requirements of chapter six (6) of the Constitution of Kenya 2010.

Vice-Chancellor

Jaramogi Oginga Odinga University of Science and Technology

P.O. Box 210 – 40601, BONDO, Kenya

TEL. 057 – 2501804

Email – vc@jooust.ac.ke

Only successful
candidates shall be contacted.