Job Purpose
- Reporting to the Deputy
Manager, Payables Section, the role holder is responsible for managing the
day-to-day payables related activities in order to ensure compliance with
the laws, regulations, standards and best practices, policies, procedures
and internal controls that guide the operations of the Department
Key Duties and Responsibilities
Strategic
Responsibilities
- Enhancing payables
internal controls and ensuring compliance with Finance Policy and Payables
Standard Operating Procedures.
Technical
and Operational Responsibilities
- Review and process
supplier invoices, staff claims, imprests and Board Director’s allowances.
- Capture data related to
supplier invoices, staff claims, imprests and Board Director’s allowances.
- Perform Bank account
reconciliations.
- Correctly compute
withholding tax and prepare schedules for returns to KRA.
- File payment documents in
an organized manner for ease of retrieval.
- Carry out payments
account daily reconciliations.
- Prompt resolution of
staff advances (Imprests).
- Prompt and articulate
response to supplier queries.
- Reconcile payables
related General Ledger Accounts.
Other Responsibilities
- Any other roles and
responsibilities as may be assigned by the supervisor.
Qualifications
- A Bachelor’s Degree in
Finance, Accounting or any other relevant degree from a reputable
university.
- Professional
qualification(s) in accounting e.g. CPA, ACCA or equivalent.
- Membership of ICPAK or
ACCA.
Work
Experience
- At least three (3) years
post qualification experience in a busy Accounting related area.
Competencies
Technical
Competencies
- Good understanding of
payables management and processes.
- Good understanding of
International Financial Reporting Standards (IFRS).
- Good knowledge of Public
Finance Management Act and regulations.
- Understanding of Payables
modules and systems.
- Good understanding of
Public Procurement and Assets Disposal Act.
- Appreciation of Bank
policies and practices on payments.
- Good knowledge of
Accounts Analysis and Reconciliation.
- Good grasp Taxation &
relevant legislation.
- Analytical acumen.
Behavioural/
General Competencies
- Ability to make
independent decisions – always staying objective.
- Ability to work
collaboratively in a team.
- Self-motivated with the
ability to work independently and balance workload to complete multiple
assignments within deadlines.
- Analytical thinking and
ability to execute tasks in a structured manner, with accuracy and
attention to detail.
- Professionalism in
interaction and execution of responsibilities.
- Strong verbal and written
communication skills.
- Relationship management
skills – ability to build rapport and create good relationships.
- High level of integrity
and ethical practices – always maintaining the reputation and public
perception of the Bank.
- Resilience and ability to
maintain momentum when faced with operational challenges, while adapting
to a changing environment.
How to Apply
