Senior Financial Manager at The National Treasury and Economic Planning
2 weeks ago
The National Treasury and Economic Planning is seeking a dedicated Senior Financial Manager to enhance excellence in Economic and Public Financial Management, alongside Development Planning.
MissionTo provide exceptional leadership in Economic and Public Finance Management, fostering shared growth through the formulation, implementation, and monitoring of economic, financial, and development policies.
Core ValuesOur commitment to quality service is guided by the following core values:
- Customer Focus: We prioritize our customers and strive to deliver timely and high-quality services that meet or exceed expectations.
- Results Oriented: We are dedicated to achieving targeted results promptly at all levels.
- Stakeholder Participation: We embrace a participatory approach in policy formulation, planning, budgeting, monitoring, and evaluation to ensure inclusiveness and consensus.
- Professionalism and Ethical Practices: Our staff uphold high moral standards and professional competence in service delivery.
- Transparency and Accountability: We maintain transparency and accountability in all our operations.
- Teamwork and Commitment: We foster teamwork and commitment through collaborative efforts to achieve common goals.
The Senior Financial Manager will be responsible for:
- Establishing effective financial and reporting systems to keep project management informed of ongoing financial status and transactions.
- Ensuring timely inclusion of project budgets in government financial plans, adhering to established processes and timelines.
- Evaluating annual work plans and budgeting procedures, applying budgetary control systems to monitor actual expenditures against budgets.
- Communicating financial responsibilities and available funds to all implementing partners and service providers, ensuring compliance with reporting and record-keeping requirements.
- Ensuring that project funds are utilized in accordance with financing agreements, focusing on economy and efficiency.
- Assessing compliance with local laws and regulations governing the operations of implementing institutions.
- Maintaining necessary documentation and records for all project activities, ensuring clear connections between financial statements and accounting records.
- Contributing to the preparation of Project Implementation and Financial Manuals.
- Ensuring adherence to financial procedures as outlined in the Project Implementation and Financial Manuals.
- Liaising with external auditors to ensure timely audits of project accounts.
- Reviewing external auditor reports and addressing any concerns raised.
- Coordinating with other project agencies to ensure timely preparation of Interim Financial Reports.
- Facilitating timely disbursement of funds for project implementation.
- Reporting on internal control operations, including budget controls, and addressing any deviations.
- Assisting the Project Coordinator with resource mobilization efforts.
- Performing any other duties as assigned by the Project Coordinator.
To qualify for this role, candidates must possess:
- An Advanced Degree in Business Administration, Finance, Accounting, or a related field, along with a relevant bachelor's degree from a recognized institution.
- CPA Kenya qualification.
- Membership in ICPAK.
- A minimum of 10 years of experience in a similar role, with at least 5 years in Development Partner funded projects.
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