ADVERT NO:UOE/ADM/FO/02/2024
Terms of service: Five (5) year contract renewable once subject to satisfactory performance
Remuneration: Basic Salary Scale: KSh.248,898.00 x 8,547.00 – KSh.257,445.00 x
KSh.8,547.00 – KSh.265,993.00 x KSh.8,547.00 – Ksh.274,540,00 x
KSh.8,547.00 – Ksh.283,087.00 x KSh.8,547.00; and House Allowance of Ksh.73,715.00.
Job Purpose:
Provision of financial advice to University Management and guidance in financial decision-making by establishing monitoring and enforcing appropriate financial policies and procedures, to ensure compliance with Government financial laws and regulations.
Duties and Responsibilities
Reporting to the Vice-Chancellor technically and the Deputy Vice-Chancellor (Ad- ministration and Finance), administratively, the Finance Officer will head the Finance department of the University and ensure effective accountability for proper management and implementation of activities in the Department.
Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
To ensure the preparation of the University’s annual budget and ensure that they are aligned with the University’s Strategic plan.
Analyse financial performance against key business metrics and document pertinent financial highlights that will enable management to determine progress against budgets.
Identify, investigate, and analyse potential operational improvement as appropriate, based on findings; propose operational changes (policy, procedures, processes, etc.)
Provide financial reports and interpret financial information to Management while recommending further courses of action.
Advise on investment activities and provide strategies that the University should take to maintain financial health.
Develop trends and projections for the University’s finances and conduct reviews and evaluations for cost-reduction opportunities. Liaise with auditors to ensure appropriate monitoring of institutional finances is maintained.
Correspond with various other departments, discussing and agreeing on future paths to be taken.
Performing any other duties and responsibilities as may be assigned by the
Deputy Vice-Chancellor (AF) or the Vice-Chancellor from time to time.
Requirements for Appointment (Qualifications, Skills and Experience)
For appointment to this position the ideal candidate MUST have: –
Bachelors’ Degree in Commerce and a Masters’ Degree (Accounting/ Finance) or equivalent from a recognised institution.
Must possess CPA (K) or equivalent and be registered with ICPAK
Must have at least ten (10) years of working experience, three (3) of which must have been in a senior finance position,
Knowledge of Public sector accounting standards (IPSAS), the Public Financial Management Act (2012), and other laws governing public sector accounting will be an added advantage.
At least five years’ experience with computerized accounting systems. Experience in public sector accounting will be an advantage.
Must have undergone leadership training lasting not less than six (6) weeks from a recognized institution;
Possess proficiency in Information and Communication Technology (ICT)
Must have knowledge about procurement processes
Show evidence of continuous professional development
Should be familiar with all aspects of Financial Management, such as Budgeting,
Project Accounting, Student Finance, Fixed Asset Management and Financial Reporting.
go to method of application »
Interested applicants are requested to visit our website www.uoeld.ac.ke for more information about the vacancies.Applicants are advised to indicate the position applied for and the advertisement number on their cover letter. Serial 1 – 4 applications should be addressed to the Chairman of Council and sent electronically in PDF format (as one running document) to: chairmancouncil@uoeld.ac.ke and Serial 5 addressed to the Vice-Chancellor and sent electronically in PDF format (as one running document) to: vc.applications@uoeld.ac.ke on or before Monday, 11th March, 2024 at midnight.No applications submitted after the closing date and time will be considered.University of Eldoret is an Equal Opportunity Employer, thus all potential qualified candidates are encouraged to apply.Any form of direct or indirect canvassing will lead to the automatic disqualification of the applicant.Only shortlisted candidates will be contacted.
Apply via :
chairmancouncil@uoeld.ac.ke
