Financial Management Specialist at the Ministry Of Energy and Petroleum, Kenya

Ministry Of Energy and Petroleum

Kenya Electricity Expansion Project

Financial Management Specialist

Background

The Government of Kenya (GoK) in conjunction with the World Bank is implementing the Kenya Electricity Expansion Project (KEEP) whose development objectives are: (a) increase the capacity, efficiency and quality of electricity supply; and (b) expand access to electricity in urban, peri-urban and rural areas.

To assist in the administrative responsibility for the day to day operations of the project, a Project
Implementation Team (PIT) has been established under the Ministry of Energy and Petroleum and reports to the Project Coordinator.

We are looking for a highly motivated Kenyan to fill the post of Financial Management Specialist (FMS) on a one year contract (Renewable).

Working closely with the Ministry’s project accountant as part of knowledge transfer, the main responsibilities of the FMS will be to:
  • Maintain efficient and effective financial management policies, systems and procedures for the KEEP in order to ensure that all project resources and finances are properly managed and controlled.
  • Maintain a sound financial and accounting system in accordance with GOK procedures and annually prepare the projects accounts in accordance with International Public Sector Accounting Standards to meet the Project’s reporting obligations.
  • Monitor disbursements of the credit, and prepare withdrawal applications, including required supporting documentation.
  • 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 Kenya National Audit Office (KENAO), and advise on corrective action as well as future prevention of any accounting, procurement, and financial management mistakes, errors or shortcomings.
  • Prepare monthly Government reporting returns, quarterly unaudited Interim Financial Reports (IFRs) and annual project financial and ensure that they are submitted within the stipulated deadlines
  • Perform any other duties as assigned by the Project Coordinator.
Qualifications, Skills and Experience

For appointment to this position, the applicant must:
  • Have at least a first degree in accounting or finance from a recognized University
  • Be a Certified Public Accountant or Chartered Accountant
  • A minimum of 5 years’ relevant experience; experience in the public service and donor funded projects is preferable.
  • Be proficient in advanced computer applications.
  • Capacity to work under pressure and meet tight schedules under minimum supervision.
  • Good analytical, organizational, communication and interpersonal skills and able to work in a team.
Applications with the applicant’s detailed curriculum vitae, including names and details of three referees, should be sent to the following address by 18th June 2013

Permanent Secretary
Ministry of Energy and Petroleum
Nyayo House
P.O. Box 30582-00100
Nairobi, Kenya
www.energygo.ke