Regional Finance Officer

1 month ago

Nairobi, Nairobi Area, Kenya Corporate Staffing Services Full time

Accounting job vacancies in Kenya.

Kenya Red Cross is one of the many International Red Cross and Red Crescent Movement societies around the world. The Kenya organisation was established in 1965, The Kenya Red Cross supports and runs a number of projects whilst raising awareness to the Kenyan public about the current issues or problems which may affect them.

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Job Summary:

Responsible to the Regional Manager for effective planning and budgeting, as well as implementation and evaluation of an effective financial accountability system to ensure prudent management of the Society's funds within the Region. Specific duties include enforcing stringent financial controls and ensuring monthly financial reports are used for better financial management. Other duties include developing and coordinating the annual budget cycle that provides justification for financial resources needed to accomplish strategic objectives. In addition, responsible for ensuring compliance to statutory and regulatory requirements as well as advising management on measures to be taken to improve financial performance.

Key Responsibilities

  • Assist in the process of developing annual budgets for programmes/projects.

  • Ensure the region meets all its financial commitments to the donors and is the contact person for the donors in all finance related matters.

  • Support, develop and supervise the Programme accounting staff to build their capacities and manage their performance.

  • Regularly forecast cash flow based on the work plans by the regions, making sure that all parts of the region have enough cash to pay for their activities.

  • Ensure that periodic financial reports are forwarded to management and donors within the stipulated deadlines.

  • Provide technical leadership in the development, implementation and evaluation of the annual budgets and plans aimed at operationalizing programmes and projects activities

  • Compile and analyse accounting reports, records and other data to maintain expenditure controls and also determine the financial resources required to implement specific programmes

  • Prepare accurate forecasts for all types of income and expenditures, including new and expanded support services and programs, salary proposals, collaborative policy development agreements, capital construction, equipment needs, supplies, transport and utilities

  • Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations and also prepare of regular and special budget reports and make presentations to facilitate the interpretation of budget directives and then recommend suitable policies for implementing directives

    Minimum Qualifications
    • Bachelor's Degree in Accounting and/or finance plus CPA (K) or equivalent qualifications

    • Three (3) years' experience in accounting and budgeting of financial resources including skills in computerized accounting systems.

    • Risk and Compliance Element;

    • All staff a responsibility for maintaining good internal controls and managing risk. Staff shall:

    • Understand and observe Risk Management Framework and Policy and other related procedures and tools; and perform their duties in a manner that does not result to unacceptable level of risk to the society.

    • Report on risks identified in their areas of operation and control measures.

    • Co-operate with management during risk interviews and assessment workshops.

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