Finance Officer Job in Kenya - ICRHK

Key Responsibilities

  • Financial Management
  • Review payment vouchers ensuring adequacy and accuracy of supporting documentation.
  • Validate and approve purchase requests and co-sign for payments.
  • Review all financial commitments and payments requests to ensure compliance with ICRH Policies and procedures.
  • Prepare adjusting journals for month-end accruals for approval and posting to the accounting system.
  • Preparations of year end accruals and make journals where necessary.
  • Reconciliation of balance sheet control accounts on monthly basis and at the year end.
  • Perform monthly bank reconciliations on or before the stipulated deadline.
  • Reviewing and monitoring bank balances as well as projecting cash flow needs and requesting bank account refills from Head of Finance & Administration.
  • Carry out project related financial planning to ensure well utilization of funds.
  • Ensure that the VAT Invoice which fulfill VAT Claim requirement are prepared in a timely, accurate and complete manner in compliance with the organizations’ policies and procedures and donor regulations.

  • Preparation of the monthly payroll and monthly reconciliation of the payroll control account
  • Donor Reporting
  • Prepare financial reports, for review by the Head of Finance & Administration, to donors in line with donor requirements and templates.
  • Coordinate with other staff to compile donor reports and take subsequent corrective actions.
  • Monitor program advances issued and follow up with staff to ensure timely accountabilities.
  • Assist in ensuring vendor/supplier information is accurate and used properly.
  • Help ensure compliance with donor rules, finance policies and local government regulations.
  • Audit
  • Preparation of various supporting schedules to the financial statements to facilitate annual audit and assist in the fieldwork process.
  • Assist Head of Finance & Administration in responding to audit requests from donors, developing financial management tools, and managing close-out processes.
  • Ensure clear audit trail of processed transactions and their linkage to the accounting system.
  • Implementation of any accounting and financial audit recommendations.
  • Ensure internal controls are maintained.
  • Budgeting and budget monitoring
  • Assist project coordinators in Budgeting and Budget monitoring/budget realignment.
  • Assist the Head of Finance & Administration in preparation of proposal budgets.
  • Prepare quarterly Budget vs. Actual (BVA) Reports on the projects for review by the Country Director,Project Coordinators and Head of Finance & Administration
  • Petty Cash Management
  • Review petty cash reimbursement requests and documentation from the finance officer.
  • Ensure that the Petty cash ledger is timely updated with all approved transactions.
  • Check the Safe & Cashbook at the end of the month and ensure that the balance matches with the Cash Books
  • Responsible for monthly Cash Counts.
  • Compliance
  • Ensure all prequalified and regular vendors are searched in strict compliance as per donor regulations before approval of the vendor.
  • Ensure all statutory liabilities of ICRH for taxes and duties are paid on time.
  • Keep up to date with relevant accounting standards and regulations in Kenya.
  • Oversee and ensure all relevant government reporting requirements are adhered to and filed by deadline dates.
  • Fixed asset management
  • Maintain the fixed asset register reconciled with the general ledger.
  • Other tasks
  • Provide any other required financial backstopping roles to the ICRH and any other field offices as need arises.
  • Being a key point of contact for other departments on financial and accounting matters.
  • Reporting 
  • Quarterly Budget vs. Actual (BVA) Reports for the designated projects.
  • Quarterly reconciliation of all assets registers with accounting ledger and submit to Head of Finance & Administration.
  • Performs other duties as assigned. 

Qualifications

  • Minimum of five (5) years’ relevant experience, preferably within an international NGO finance
  • Professional accountancy qualification (CPA) is required.
  • Membership with the Institute of Certified Public Accountants of Kenya (ICPAK) in good standing.
  • Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, and Outlook).
  • Knowledge of QuickBooks accounting software will be an added advantage.
  • Experience in grants management within donor-funded programs will be an added advantage.
  • Ability to be resourceful and proactive in dealing with issues that may arise
  • Ability to organize, multitask, prioritize, work under pressure with minimum supervision
  • Ability to take initiative and be tactful
  • Ability to make sound decisions based on assessment of information available
  • High personal integrity and confidentiality

How to Apply

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