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Principal Accountant at National Research Fund

9 Years
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Company Details
Industry: Civil Engineering
Description: ADVANCEMENT OF SCIENTIFIC RESEARCH, INVENTIONS, AND INNOVATIONS The National Research Fund (NRF) is established under the Science Technology and Innovation (ST&I) Act of 2013, Section 32. The Fund became operational on 9th November 2015. The object of the Fund is to facilitate research for the advancement of science, technology and innovation. Part VII of the ST&I Act, 2013, stipulates that the Fund will constitute a sum of money amounting to 2% of the country’s Gross Domestic Product every year and such other monies designated for the Fund by Parliament, donations, endowment or grants or gifts designated for the Fund. Global Trends DISCUSSIONS TO FORMULATE ST&I POLICY AND STRATEGY In line with global trends and consistent with the African Union (AU) position, around 2005/2006 the Ministry of Education, Science and Technology initiated discussions to formulate ST&I Policy and Strategy to elevate Science and Technology as part of the foundation for national transformation embodied in the country’s development
Job Description

Scale: NRF 5

Basic Salary: 96,813 X 3,873 – 100,686 X 4,027 – 104,713 X 4,712 – 109,425X 4,924 – 114,349 X 5,146 – 119,495 X 5,377 – 124,872 X5,427 – 130,299

House Allowance: 35,000

Commuter Allowance: 8,000

Terms of Service: Permanent and Pensionable

Qualifications and Requirements:

For appointment to this grade a candidate must have: –

  • Cumulative service period of (9) years’ relevant work experience, three (3) of which should have been at the grade of Senior Accountant Officer or in a comparable position.
  • Bachelor’s Degree in any of the following disciplines: Commerce (Accounting or Finance Option), Business Management/ Administration (Accounting or Finance Option) or its equivalent and relevant qualification from a recognized institution.
  • Certified Public Accountant CPA-K or equivalent qualification from a recognized institution;
  • Been registered with the Institute of Certified Public Accountants of Kenya (ICPAK) or any relevant professional body;
  • Management Course lasting not less than four (4) weeks from a recognized institution.
  • Proficiency in computer skills; and
  • Shown merit and ability as reflected in work performance and results.

Responsibilities:

Duties and responsibilities entail:

  • coordinating implementation of financial accounting policies, strategies and plans;
  • ensuring timely payment of expenditures;verifying internal and external audit and responses to audit queries;
  • ensuring safe custody of cash, cheques, financial records and other accountable documents;
  • ensuring safe custody of cash, cheques, financial records and other accountable documents;
  • evaluating and scrutinizing expenditure proposal;
  • ensuring proper interpretation and implementation of financial regulations and procedures;
  • verification of payment vouchers and committal documents to ensure compliance to approved procedures, rules and regulations;
  • ensuring provision of quality and timely accounting services;
  • coordinating preparation of management and statutory financial reports;
  • maintaining an inventory on all bank accounts of the Research Fund and their approved signatories;
  • ensuring effective handling of taxation matters of the Research Fund; and
  • Authorizing payments and identifying suitable cheque signatories.
Salary: Discuss During Interview
Education: Diploma
Employment Type: Full Time
Contact Information

Key Skills

finance  AccountingAuditing 
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