Manager, Finance and Accounts, KBI 3 at The Kenya BioVax Institute

Vacancy No.: KBI/9/02/2025

Job Purpose:

• 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.
• The role requires the provision of strategic financial insights to support decision-making within the company.

Requirements:

• At least thirteen (13) years of relevant work experience, three (3) years of which must have been in a Supervisory position in the Public Service or Private Sector;
• 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;
• 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;
• Part III of the Certified Public Accountants (CPA) Examination or equivalent qualification from a recognized institution;
• Membership to a relevant professional body such as the Institute of Public Accountants of Kenya (ICPAK), Association of Chartered Certified Accountants (ACCA), or equivalent;
• Leadership Course lasting not less than four (4) weeks from a recognized institution;
• Proficiency in computer application skills; and
• Demonstrated high standards of professional competence and managerial ability.

Key Competencies and Skills:

• Managerial, administrative, and supervisory skills;
• Proven knowledge of financial analysis and strategy;
• In-depth knowledge of financial reporting standards, tax regulations, and industry legislation;
• Effective communication skills;
• Policy and strategic implementation;
• Risk management;
• High standards of professional ethics;
• Project planning and management;
• Integrity and professionalism;
• Analytical skills;
• Negotiation, persuasion, and influencing skills; and
• Result-driven.

Key Duties & Responsibilities:

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