Job Description
HEAD OF FINANCE AND ACCOUNTS
KNQA GRADE 3 -ONE (1) POST. REF. NO. KNQA/NO.5/2021
Salary Scale: Ksh 115,599 - Kshs 187,767 pm
Leave Entitlement: 30 days per financial year
Terms of Service: Contract
For appointment to this grade an officer must have at least;
i. A minimum period of ten (10) years relevant work experience eight (8) of which should have been in management;
ii. Bachelor’s Degree (KNQF Level 7 or equivalent) in Commerce, Business Administration, Business
Management (Finance or Accounting option) or other relevant and equivalent qualifications from a
recognized institution;
iii. Master’s Degree (KNQF Level 9) in any of the following: Accounting, Business Administration,
Finance or their equivalent qualification from a recognized Institution;
iv. Certified Public Accountant Part III (CPA K) or Associate of Certified Chartered Accountant
(ACCA);
v. Management Course lasting not less than four (4) weeks from a recognized institution;
vi. Membership in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK) or
any other recognized professional body;
vii. Proficiency in computer applications;
Key Duties and responsibilities entails;
i. Managing all issues regarding the financing of Kenya National Qualifications Authority
activities;
ii. Participating in Development and implementation of sound financial management policies and procedures;
iii. Consolidating the Authority printed budget estimates and revised budget as per guidelines issued by National Treasury;
iv. Forecasting Annual cash flow requirements and coordinate preparation of annual budgets;
v. Scheduling all payments within the Authority budgetary provisions;
vi. Ensuring Budgetary and cost control by reviewing expenditure returns from departments,
prepare variance analysis and recommend corrective action;
vii. Guiding other departments by interpreting government accounting policy and applying it in all operations of the Authority;
viii. Planning and coordinating timely preparation of annual Work Plans and budget estimates;
ix. Developing and managing internal controls and compliance;
x. Participate in Public Private Partnership program strategies and resource mobilization;
xi. Analyzing and interpret financial reports and other accounting records;
xii. Ensure prudent and optimal utilization of Authority funds and Assets;
xiii. Managing proper records of financial transactions;
xiv. Overseeing preparation of the final Annual Statement of Accounts in accordance with accounting standards and procedures and submission to relevant institutions;
xv. Reviewing and ensuring timely and accurate preparation of management accounting reports on quarterly and annual basis;
xvi. Maintaining accurate and complete financial record of the Authority and regularly review the financial system;
xvii. Undertaking financial risk management;
xviii. Monitoring and evaluating funds applications and accountability;
xix. Ensuring compliance with applicable financial statutory obligations and circulars;
xx. Ensuring proper Revenue and Treasury Management and reporting.