Senior Financial Management Specialist Job in Kenya

The Government of Kenya has received financing from the World Bank toward the cost of Kenya Transparency & Communications Infrastructure Project (KTCIP). 

The Kenya ICT Board under the Ministry of Information and Communications executes KTCIP.

The Kenya ICT Board therefore intends to apply part of the proceeds to payments under the agreement(s) resulting from this to undertake recruitment of project staff. 

The Government of Kenya is the recipient for the proposed activity. 

The Kenya ICT Board serves as the implementing agency for the project and now invites suitable candidates for the following position:

Senior Financial Management Specialist
   
Terms of Reference : Senior Financial Management Specialist – TCIP

Job Description

The Senior Financial Management Specialist will be reporting to the Chief Executive Officer and will work closely with the Program Manager and relevant implementing entities.

Duties and Responsibilities

Strategic Roles

• Advise the Chief Executive Officer on all financial matters relating to Kenya ICT Board (KICTB) and Kenya Transparency and Communications Infrastructure Project (KTCIP) activities
• Provide leadership over the finance and accounting function
• Take overall responsibility for all aspects of accounting and financial systems for the overall organization and KTCIP including the harmonized design and deployment of policies procedures and systems required for the effective implementation of the same.

Statutory and Project Compliance Role

• Develop the core reports required for statutory and project reporting and ensure that there is organizational compliance with respect to dates, format and substance of the said reports
• Ensuring reports to the board of directors presented by the CEO on the projects are accurate and reflective of the board’s obligations with respect to the KTCIP project.
• Ensure documentation and certification of all quarterly Interim Financial Reports (IFRs) are in line with World Bank requirements
• Timely preparation of consolidated annual project accounts in a format and quality acceptable for audit purposes
• Submission of a quarterly report to the World Bank including activities undertaken and challenges to be addressed with recommendations for action

Operational Role

• By participating in the organization’s executive management committee meetings, ensure effective management and reporting of the organization’s finances to the rest of management
• Consolidate work plans and budgets and prepare overall KICTB and KTCIP budgets
• Prepare cash flows and project monitoring reports and claims for reimbursement by Development Agencies
• Work with the internal team to ensure development of the monthly financial operating reports include balance sheet, income statements cash flows and maintain the books of accounts
• Works with the internal team and relevant external parties as may be appropriate in ensuring that the financial systems are maintained and updated.
• Working closely with the parent ministry and Ministry of Finance in matters of the organization’s financing requirements
• Managing the organization’s treasury function with the organization’s banking partners in compliance with the government of Kenya rules and regulations

Skills and Attributes Required

• Bachelor’s Degree in Accounting, Finance or an equivalent recognized qualification in accountancy.
• Membership of a recognized accounting body e.g. ICPA(K) would be an added advantage
• At least 7years of financial management experience, 3 of which should be at a senior level
• Well developed IT skills with proficiency in computerized financial systems
• Knowledge and understanding of project planning, work programs and budgeting procedures
• Knowledge of Government of Kenya and World Bank budgetary policies and disbursement procedures.
• 3 years experience with the design and deployment of financial operating procedures.
• Must demonstrate experience with establishing financial systems in an organization or large department
• Must show evidence of having effectively supervised a team

The recruitment will be conducted in accordance to Guidelines on Selection and Employment of Consultants under IBRD Loans and IDA Grants by World Bank Borrowers (2011), and is open to all Kenyans eligible as defined in these Guidelines, that meet the following minimum qualification criteria in the job description.

Applications must be delivered to the address below on or before: 2nd November 2012 at 5.00pm East African Time. Late applications will be rejected.

Applications accompanied with detailed CVs and copies of relevant documents and testimonials should be submitted in a plain sealed envelope clearly marked the position and Reference Number to the address below:

The Chief Executive Officer,
Kenya ICT Board,
12 Floor Teleposta Towers- Kenyatta Avenue
P.O. BOX 27150 - 00100, NAIROBI, KENYA.

Or sent through email: recruitment@ict.go.ke and placed in the Tender Box situated at Kenya ICT Board
Entrance, 12th floor Teleposta Towers or mailed so as to reach the above address on or before 2nd November, 2012 at 5pm East African Time.

Kenya ICT Board is an equal opportunity employer. Persons with disabilities are encouraged to apply