Principal Accountant

An established company is recruiting for the following position. Scale: NRF 5 Basic Salary: 96,813 X 3,873 – 100,686 X 4,027 – 104,713 X 4,712 – 109,425X 4,924 – 114,349 X 5,146 – 119,495 X 5,377 – 124,872 X5,427 – 130,299 House Allowance: 35,000 Commuter Allowance: 8,000 Terms of Service: Permanent and Pensionable Required Qualifications: and Requirements: For appointment to this grade a candidate must have: – - Cumulative service period of (9) years’ relevant work experience, three (3) of which should have been at the grade of Senior Accountant Officer or in a comparable position. - Bachelor’s Degree in any of the following disciplines: Commerce (Accounting or Finance Option), Business Management/ Administration (Accounting or Finance Option) or its equivalent and relevant qualification from a recognized institution. - Certified Public Accountant CPA-K or equivalent qualification from a recognized institution; - Been registered with the Institute of Certified Public Accountants of Kenya (ICPAK) or any relevant professional body; - Management Course lasting not less than four (4) weeks from a recognized institution. - Proficiency in computer skills; and - Shown merit and ability as reflected in work performance and results. Key Responsibilities: Duties and responsibilities entail: - coordinating implementation of financial accounting policies, strategies and plans; - ensuring timely payment of expenditures;verifying internal and external audit and responses to audit queries; - ensuring safe custody of cash, cheques, financial records and other accountable documents; - ensuring safe custody of cash, cheques, financial records and other accountable documents; - evaluating and scrutinizing expenditure proposal; - ensuring proper interpretation and implementation of financial regulations and procedures; - verification of payment vouchers and committal documents to ensure compliance to approved procedures, rules and regulations; - ensuring provision of quality and timely accounting services; - coordinating preparation of management and statutory financial reports; - maintaining an inventory on all bank accounts of the Research Fund and their approved signatories; - ensuring effective handling of taxation matters of the Research Fund; and - Authorizing payments and identifying suitable cheque signatories.