- he Deputy Director (Finance & Accounts) will report to the Director (Corporate Services). He / She will be responsible for ensuring prudent and optimum utilization of
- Authority funds and preparing financial reports and managing the financial resources of the Authority through preparation and submission of budget proposal to the government and other financing agencies.
- JOB VACANCY No.: NaMATA/HR/06/2023
Duties and Responsibilities
Specifically, duties and responsibilities will entail:
- Managing all issues pertaining to the Finance and Accounts functions of the Authority;
- Coordinating the development and implementation of sound financial management policies and procedures for the Authority;
- Coordinating the preparation of annual budget and forecasting of annual cash flow requirements;
- Enforcing budget cost controls among the Authority’s directorates, departments and divisions by reviewing expenditure returns, prepare variance analysis and recommending corrective action;
- Advising the Board and management on financial and accounting matters;
- Ensuring the application of Government accounting policies in all the financial operations of the Authority;
- Planning and coordinating timely preparation of Annual Work Plans and Budget Estimates;
- Coordinating the development and management of internal controls and compliance systems;
- Ensuring the Authority maintains records of all its financial transactions;
- Coordinating preparation of the Annual Financial Report in accordance with accounting standards and procedures;
- Coordinating the preparation of the final Annual Statement of Accounts in accordance with accounting standards, procedures and submission to the Board and other relevant institutions;
- Undertaking review of management accounting reports before submission to senior management and the Board;
- Developing and maintaining complete and accurate records of the Authority’s financial transactions by regularly reviewing the financial and accounting systems;
- Monitoring and evaluating the utilization of Authority funds with a view to accounting for all expenditures;
- Ensuring compliance with applicable financial statutory obligations and circulars;
- Accounting for revenues generated from Appropriations-In-Aid (AIA) by the Authority;
- Coordinating the consolidation of the Authority’s printed budget estimates and revised budget as per guidelines issued by National Treasury;
- Developing and managing internal controls and compliance for the utilization of the Authority’s financial resources;
- Coordinating the Authority’s Public Private Partnership (PPP) program strategies;
- Forecasting Annual Cash Flow requirements of Authority;
- Participating in stakeholder’s management to ensure sustainable partnership;
- Assessing Authority’s financial risks and develops strategies for mitigation;
- Ensuring timely disbursement and payments for goods and services as per contract terms;
- Scheduling all payment within the Authority’s budgetary provisions;
- Reviewing expenditure returns from departments, prepares variance analysis and recommends corrective action;
- Analysing and interpret financial reports and other accounting records;
- Maintaining accurate and complete financial records of the Authority’s expenditures by regularly reviewing the financial and accounting systems;
- Approving training projections for the department’s staff;
- Developing and installing effective financial management systems and procedures;
- Maintaining efficient financial reporting and accounting;
- Implementing accounting policies and procedures;
- Preparing variance financial accounts analysis and recommends corrective action; and
- Mentoring, coaching and counselling staff working in the department.
Requirements for Appointment
For appointment to this grade, an officer must have:
- A minimum period of ten (10) years in relevant work experience and at least three (3) years in a supervisory role in a position in the Public Service or Private Sector;
- Master’s Degree in any of the following: Accounting, Business Administration, Finance or their equivalent qualification from a recognized Institution;
- Bachelor’s Degree in Commerce, Business Administration, Business Management (Finance or Accounting option) or other relevant and equivalent qualifications from a recognized institution.
- Certified Public Accountant (CPA)(K) or Associate of Certified Chartered Accountant (ACCA); and
- Membership and in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body.
- Leadership Course lasting not less than four (4) weeks from a recognized institution;
- Registered with an accredited and recognized professional body;
- Proficiency in computer skills; and
- Fulfil the requirements of Chapter Six (6) of the Constitution of Kenya.
- Method of Application
Submit your CV, copies of all Certificates/Testimonials, and copy of National ID / Passport and Application Letter for the position of interest clearly indicating the Job No. to email
Use the title of the position as the subject of the email