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Deputy Finance Officer

University of Eldoret

Eldoret, Kenya Permanent

Published 1 month ago · Expires 4 weeks from now

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Job description

## Title: Deputy Finance Officer

About the Position

This vacancy presents an opportunity to join a leading organization. The Deputy Finance Officer is a permanent and pensionable position.

Job Purpose

To design, develop, and implement strategies for providing financial advice to University management and guidance in financial decision-making by establishing, monitoring, and enforcing appropriate financial policies and procedures to ensure compliance with Government financial regulations.

Key Responsibilities

Reporting to the Finance Officer, you will be responsible for:

  • Coordinating the development of accounting policies, strategies, regulations, guidelines, and procedures
  • Coordinating the preparation of annual financial statements
  • Authorizing payments
  • Coordinating the development and monitoring of departmental work plans
  • Reviewing management reports and advising management on the University's financial performance
  • Validating and approving administration of all tax and statutory compliance issues and effective management of payroll
  • Ensuring accurate and timely payments for goods, works, and services
  • Reviewing periodic reports for submission to the National Treasury
  • Ensuring adherence to the approved budget to prevent overspending
  • Approving monthly bank reconciliation statements
  • Facilitating resource mobilization programmes
  • Coordinating the implementation of quality management procedures and performance contracting processes
  • Coordinating the preparation of the University's budget
  • Facilitating responses to audit queries
  • Mentoring and coaching staff

Qualifications and Requirements

  • Bachelor's degree in Commerce, Accounting, Finance, or equivalent qualification from a recognized institution
  • Cumulative service period of five (5) years' relevant work experience, with a minimum of three (3) years as a Senior Accountant

Terms and Conditions

Successful candidates will be appointed on permanent and pensionable terms of service.

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