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Ministry of Energy and Petroleum   |   Nairobi, Kenya   |   Log in or register to see the closing date

Financial Management Specialist

  • Post-graduate education
  • Accounting, finance, banking, insurance
  • Expert (non-managerial)
  • Full Time
  • Permanent
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Job Summary

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:

  1. Assessing the adequacy of project financial management arrangements for projects
  2. Monitoring compliance with the Bank’s audit and fiduciary requirements
  3. Ensuring that WBG-financed project operations are carried out in accordance with applicable FM policies, procedures, and instructions
  4. Supporting analytical work on Financial Management and public financial accountability
  5. 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.


  1. 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.
  2. 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.
  3. Monitor disbursements of the credit, and preparation of withdrawal applications, including required supporting documentation.
  4. 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.
  5. 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.
  6. Assist the implementing agencies to prepare monthly Government reporting returns, financial and ensure that they are submitted within the stipulated deadlines
  7. Build financial management capacity in the Agencies through hands-on training to the Project Accountants.
  8. Support the agencies to handle technical, commercial and legal aspects of financial management at all stages of the project cycle

General Information

Salary rangeNot specified
Additional informationNot specified
Contract type: Permanent
Job type: Full Time
Location: Nairobi
Area of work: Accounting, finance, banking, insurance
Seniority: Expert (non-managerial)

Job Requirements

Required education: Post-graduate education
Required relevant work experience: 7 years
Required skills: Budgeting, financial planning; Accounting; Auditing of accounts; Financial analysis; Financial reporting; Financial controlling
Required languages: English (Spoken: fluent | Written: fluent)

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Ministry of Energy and Petroleum

GovernmentalCompany size: 100-500 people

Energy is one of the key enablers of the Vision 2030 and energy security remains a matter of national national priority. The Second Medium Plan 2013-2017 identifies energy as one of the enablers for transformation into “a newly-industrializing, middle-income country providing a high quality of life to all its citizens in a clean and secure environment”. Access to competitive-priced, reliable, quality, safe and sustainable energy is essential for achievement of the Kenya Vision 2030. Under the fourth Schedule of the Constitution of Kenya 2010, the Ministry of Energy and Petroleum, on behalf of the National Government, is responsible for energy policy and regulation of electricity and gas reticulation while County Governments are responsible for planning and development of electricity and gas reticulation and regulation.

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