Finance Manager

Applications are invited from qualified persons for the above vacant position.

• Minimum Qualification: Masters
• Experience Level: Senior level
• Experience Length: 7 years

Job Description

Established in 1969, Kenya Utalii College (KUC) is Africa's premier hospitality and tourism training institution. With over 60,000 graduates to date, the College remains the region's single largest producer of skilled human resource for the hospitality and tourism industry; a large number of who hold top-ranking positions in renowned organizations all over the world.

The College is a state corporation instituted under the Tourism Act, 2011.

The Council is looking for dynamic leaders and strategic thinkers with excellent commercial acumen and proven ability to identify and capitalize on economic opportunities in a changing environment. The Officers will drive change and transformation at KUC, as well as, demonstrate competence in managing the training aspect of the College; its core mandate. They should be innovative team leaders who will provide sound and focused management and also take full responsibility for implementing strategy within the power delegated by the College Council. Accordingly, the Council is looking for experienced and vibrant professionals to fill the following positions:

2. POSITION: Finance Manager (1 POST)

DEPARTMENT: FINANCE

SCALE: GRADE KUC 3

REPORTS TO: PRINCIPAL

TERMS OF SERVICE: CONTRACT

Key Responsibilities

• Planning and co-ordinating accounting services; ensuring safe custody of College's assets

• Developing financial controls to ensure prudent usage and management of financial resources

• Preparation and submission of financial statements as required by the law

• Developing and evaluating financial systems and make recommendations for improvement

• Identifying incidences of non-compliance with laid down financial systems and financial risks facing the College

• Ensuring preparation of timely and accurate accounting management reports; authorizing payments

• Carrying out operational performance analysis

• Managing performance in the division

• Maintaining effective budgetary controls

• Ensuring implementation of financial controls and procedures

• Mentoring, training and appraising staff

• Supervising the preparation of the departmental annual work plans and budgets

• Prioritizing projects and activities for the purpose of financial reporting

• Co-ordinating the development and circulate corporate budget template to divisional/departmental heads

• Co-ordinating and participating in the preparation of the corporate budgets

• Preparation of Monthly Management reports

• Preparation of Performance contract reports on Financial aspects

• Updating data to facilitate the preparation of monthly/quarterly/ annual Financial statements

• Maintaining and preparing Development Expenditure Reports

• Ensuring spending is in line with the budget

• Providing information for audits

• Working with all divisions/departments and the management team to help make financial decision

• Recommending ways to reduce costs and increase profits

• Analyzing financial performance and contributing to medium and long-term organizational planning/forecasts

Requirements for Appointment

• Master's degree in Finance or its equivalent qualification from a recognized institution

• Bachelor's degree in B.Com (Finance Option)

• CPA (K) or ACCA III or equivalent qualification from a recognized institution.

• Seven (7) years relevant experience, three (3) of which must be in senior management

• Attended Leadership Course lasting not less than four (4) weeks from a recognized institution

• A member of the Institute of Certified Public Accountants of Kenya (ICPAK)

• Demonstrated a high degree of professional competence and administrative capability as reflected in work performance and results

• Meets the provisions of Chapter Six of the Constitution of Kenya

• Demonstrated results in work performance

How to Apply?

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