Job verified by Fuzu
Ministry of Energy and Petroleum | Nairobi, Kenya | Log in or register to see the closing date
Financial Management Specialist
Click to apply
- Post-graduate education
- Accounting, finance, banking, insurance
- Expert (non-managerial)
- Full Time
The objective of the consultancy is to provide advisory and technical assistance to the implementing agencies and to increase efficiency in managing and maintaining a sound financial and accounting system for the achievement of value for money and delivering on the project development objectives through:
Assessing the adequacy of project financial management arrangements for projects
Monitoring compliance with the Bank’s audit and fiduciary requirements
Ensuring that WBG-financed project operations are carried out in accordance with applicable FM policies, procedures, and instructions
Supporting analytical work on Financial Management and public financial accountability
Provision of direct and just-in-time technical support to the MOE. KPLC, and REA Project Accountant to enable them effectively carry out project activities.
- Provide support to implementing agencies for the maintenance of efficient financial management policies, systems for the K-OSAP project in order to ensure that all project resources and finances are properly manages and controlled. These include budgeting, funds flow, accounting, internal control, financial reporting and audit.
Assist in the maintenance of a sound financial and accounting system in accordance with GOK procedures and support implementing agencies to annually prepare the project accounts in accordance with International Public Sector Accounting Standards to meet the Project’s reporting obligations.
Monitor disbursements of the credit, and preparation of withdrawal applications, including required supporting documentation.
Assist the implementing agencies to prepare projected cash flows and reports, budgets, and other financial reports on the project required for effective control of the budget.
Ensure that all books and financial reports are prepared accurately and audited in a timely manner, help accommodate audit undertaken by the Office of the auditor general (OAG), and advise on corrective action as well as future prevention of any accounting, procurement, and financial management mistakes, errors or shortcomings.
Assist the implementing agencies to prepare monthly Government reporting returns, financial and ensure that they are submitted within the stipulated deadlines
Build financial management capacity in the Agencies through hands-on training to the Project Accountants.
Support the agencies to handle technical, commercial and legal aspects of financial management at all stages of the project cycle
General InformationSalary range
: Not specifiedAdditional information
: Not specifiedContract type
: PermanentJob type
: Full TimeLocation
: NairobiArea of work
: Accounting, finance, banking, insuranceSeniority
: Expert (non-managerial)
Job RequirementsRequired education
: Post-graduate educationRequired relevant work experience
: 7 yearsRequired skills
: Budgeting, financial planning; Accounting; Auditing of accounts; Financial analysis; Financial reporting; Financial controllingRequired languages:
English (Spoken: fluent | Written: fluent)
Click to apply