Accountant/Finance Officer at Kenya Deposit Insurance Corporation

Found in: beBee S KE - 3 weeks ago

Nairobi, Kenya Kenya Deposit Insurance Corporation Full time

KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution.
Duties and responsibilities will entail:

Implementing financial and accounting policies and procedures in line with the requirements of the Public Finance Management Act, International Financial Reporting Standards (IFRS), and other related government regulations to ensure prudent and optimal utilization and accounting of the Corporation’s financial resources.
Maintaining complete, timely, and accurate financial records in the implementation of the Corporation’s annual budgets, corporate annual work plan, and the Corporation’s annual reports.
Keeping accurate, complete, and timely financial records to enhance the internal control systems to monitor financial accounting and safeguard assets from waste through policies, procedures, checks, and balances, to ensure that the taxpayer gets value for money.
Keeping accurate, complete, and timely financial records in the management of working capital (current assets and current liabilities).
Processing documents for payments and making payments within the stipulated period.
Updating transactions in the general ledger, cash book, and other subsidiary ledgers for the Corporation.
Preparing invoices for the reimbursement of expenses incurred by the Corporation on behalf of the Institutions in Liquidation.
Maintaining the invoices register for the Corporation.
Managing the finance registry to ensure that accountable documents and records are properly filed and accessed by authorized personnel only.
Maintaining a register on public complaints and processing requests for access to information to enhance service delivery in the directorate.
Documenting the implementation of the citizen service delivery charter in the directorate.
Implementing the Corporation’s Annual Budget and Work Plan by keeping timely, complete, and accurate financial records.
Implementing the directorate’s annual work plans, budget, and procurement plan by keeping timely, complete, and accurate financial records.

Requirements for Appointment:

At least three (3) years relevant work experience.
Bachelor’s degree in Commerce, Accounts, or a business-related field.
Professional Accounting qualification: Full Certified Public Accountant or an equivalent qualification from a recognized institution.
Proficiency in computer applications.
Fulfilling the requirements of Chapter Six of the Constitution of Kenya 2010.

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