Kenya Jobs: Project Accountant job vacancy in Kenya

Kenya Red Cross Society (KRCS) is a humanitarian relief organisation created by an Act of Parliament, Cap 256 of the Laws of Kenya on 21st December 1965. Currently, KRCS seeks to recruit a Project Accountant



Kenya Jobs:  Project Accountant (1 Position)
Reporting to: Regional Finance Officer
Job Location: Isiolo

Overall Purpose

Responsible to the Regional Finance Officer for overall financial management in line with EU guidelines on financial reporting at the field level related to the EU and DRC funded “Isiolo Water, Sanitation and Hygiene community project for drought-prone arid and semi-arid lands�.

Other duties include maintaining of financial records, processing of working advances, preparation of project returns and reports, reconciling and balancing accounts as well as posting and compiling monthly reports to show records related to financial operations in the field.

Also receiving and disbursing money as well as processing and validating checks in accordance with approved policy

Duties and Responsibilities

• Coordinate at the field level the execution of the project budget expenditures in line with the approved budget
• In consultation with the project coordinator, ensure overall budget management at the field level while ensuring all funds are absorbed as planned and are eligible in terms of EU guidelines.
• In addition, proactively advice utilization of savings where they are foreseen and ensure that all expenditures are coded with KRCS and EU codes.
• In consultation with the project coordinator, ensure timely request of funds from the HQ and disbursement of funds according to the planned activities
• Regularly offer financial advice to all team members especially regarding compliance with EU financial guidelines
• Ensure EU financial reporting requirement and deadlines are adhered to, codes and formats are respected and adhered to by all team members.
• Receive cash or banker’s cheques, recording financial transactions, counting money to verify amounts and issuing receipts for funds received.
• Prepare bank deposit slips in order to ensure that all collections are promptly banked in accordance with accounting procedures.
• Disburse cash and writing vouchers and cheques in order to make payment against specified expenditure requisitions.
• Prepare cheque payments and refund claims and ensure that payments are made against verifiable accounting documents.
• Post data and balance accounts as well as compile collections, disbursements and bank reconciliation reports.
• Maintain complete records of all financial transactions such as payment vouchers, receipts and other documents in accordance with accounting procedures.
• Reconcile the cashbook with bank statements and checking balances against verifiable documents on a monthly basis.
• Prepare monthly revenue, expenditure returns, financial statements and reports to cover specified periods.
• Prepare budget for specific projects in collaboration with the officer in charge
• Prepare returns of activities performed during the financial year
• Maintain an assets register for the project
  

Minimum Qualifications

• CPA (K) or equivalent ACCA final level qualifications or a Bachelors Degree in a Business Related Field with CPA Part (II), Section 4.
• Experience in financial management of EU funded projects will be an added advantage.
• At least two years experience in a busy accounts/ finance office
  

Key Competencies

• Knowledge of administrative, accounting and financial procedures and systems
• Demonstrated competence in financial and accounting, posting and processing accounts.
• Proficiency in computer applications especially, word processing, database and spreadsheets, computerized accounting systems including use of the e-mail, the internet as well as local and wide area network systems.
  

Applications must contain:

A letter of application, curriculum vitae, copies of academic certificates, address and contacts of two referees.

All applications should be sent to:

The Secretary General
Kenya Red Cross Society
P. O. Box 40712-00100
Nairobi

So as to reach him not later than Friday, 12th August 2011