Manager, Finance and Accounts at Biovax

Job Description

The Manager, Finance and Accounts will be responsible for managing the financial health of the organization through overseeing all financial aspects within the organization while ensuring prudent management of financial resources and the reporting thereof within the existing legal and regulatory framework. 

Job Specification

Requirements:

1. At least thirteen (13) years’ relevant work experience, three (3) years of which must have been in a Supervisory position in the Public Service or Private Sector;  
2. Master’s degree in any of the following disciplines: - Commerce (Accounting/Finance Option) Finance, Economics, Business Administration (Finance Option) or equivalent qualification from a recognized institution; 
3. Bachelor’s degree in any of the following disciplines: - Commerce (Accounting/Finance option), Finance, Economics, Business Administration, Business Management or equivalent qualification from a recognized institution. 
4. Part III of the Certified Public Accountants (CPA) Examination or equivalent qualification from a recognized institution; 
5. Membership to a relevant professional body such as Institute of Public Accountants (ICPAK) Kenya, Association of Chartered certified accountants (ACCA) or equivalent; 
6. Leadership Course lasting not less than four (4) weeks from a recognized institution; 
7. Proficiency in computer application skills; and 
8. Demonstrated high standards of professional competence and managerial ability. 

Job Specification

Key Competencies and skills

1. Proven knowledge of financial analysis and strategy; 
2. In-depth knowledge of financial reporting standards, tax regulations and industry legislation; 
3. Effective communication skills; 
4. Managerial, administrative and supervisory skills; 
5. Policy and strategic implementation; 
6. Risk Management; 
7. High standards of professional ethics; 
8. Project planning and management; 
9. Integrity and professionalism; 
10. Analytical skills; 
11. Negotiation, persuasion and influencing skills; and 
12.  Result-driven. 

Key Duties & Responsibilities

1. Coordinating overall budget preparation for recurrent and development expenditure at the Institute including annual estimates;
2. Communicating approved annual estimates to various departments;
3. Monitoring expenditure on projects and programs on a periodic basis;
4. Determining performance indicators for programs;
5. Initiating preparation of responses to all budgetary matters including all issues raised by Parliamentary Oversight Committees;
6. Overseeing the implementation of proposals for financial allocations in the budget;
7. Overseeing the preparation of the annual reports and financial statements of the Institute;
8. Spearheading the preparation of divisions annual budget for recurrent and development votes;
9. Overseeing the accounting of special funds, programs and project funds;
10. Ensuring the application of Generally Accepted Accounting Principles (GAAPS) including the International Public Sector Accounting Standards (IPSAS) techniques in accounting for Institute’s finances, assets, revenue, expenditure and costs;
11. Developing supplementary financial regulations and procedures to enhance internal controls established through normal Treasury regulations and procedures;
12. Responding to all audit queries raised by both internal and external auditors;
13. Coordinating preparation of cash flow projections;
14. Participating in developing supplementary financial regulations and procedures to enhance internal controls established through normal Treasury regulations and procedures;
15. Coordinating the preparation of responses to all audit queries raised by both internal and external auditors;
16. Coordinating preparation of cash flow projections;
17. Validating final accounts prepared within time frame provided by legislations;
18. Coordinating the development of departmental annual work plans and budgets and ensuring prudent utilization of resources;
19. Facilitating operational accountability and team building; and
20. Ensuring compliance with principles and values of the Institute.

Applications should include the following:

1. Letter of Application (Indicate Vacancy Number)
2. Current Resume or Curriculum Vitae with telephone number and e-mail address
3. Three letters of professional reference with contact telephone numbers and e-mail addresses
4. Copies of Academic Certificates and Transcripts