Assistant Director Accounting Standards Asb 4

Company Details
Industry: Professional Training & Coaching
Description: The Public Sector Accounting Standards Board (PSASB) was established and constituted in accordance to sections 192 and 193 of the PFM Act, 2012 through a Gazette Notice No. 1199 of 28th February 2014. At the Cabinet level, the Board is represented by the Cabinet Secretary to the National Treasury.
Job Details
Job Type: Full Time
Workplace Type: On-site
Qualification: Diploma
Job Experience: Mandatory
Job Location: Nairobi County, Kenya
Closing Date: Undisclosed
Salary: Undisclosed
Other Pay: Benefits
Job Category: Accounting, Finance
Job Description

Job Purpose

  • To provide technical leadership in the development, dissemination and implementation of public sector accounting standards by coordinating formulation of reporting templates and guidelines, supporting capacity building and compliance, guiding responses to international exposure drafts, and ensuring consistent application of IFRS and IPSAS across all public sector entities.

 Job Specification

For appointment to this position, an applicant must have:

  • A cumulative period of twelve (12) years relevant work experience three (3) of which must have been in the grade of Principal Accounting Standards Officer or in an equivalent or comparable position
  • Bachelor’s degree in any of the following disciplines:- Finance, Accounting, or equivalent qualifications from a recognized and accredited institution;
  • Master’s degree in any of the following disciplines: - Finance, Accounting, Business Administration, or its equivalent from a recognized and accredited institution;
  • Hold a professional qualification such as CPA (K) or ACCA or any other relevant professional qualifications;
  • Be a member of ICPAK in good standing or any other recognised professional body.
  • Certification in IFRS and/or IPSAS.
  • Certificate in leadership Course lasting not less than four (4) weeks from a recognized institution;
  • Proficiency in Computer applications; 
  • Shown merit and ability as reflected in work performance and results

Duties and Responsibilities

  • Coordinate formulation of accounting standards for public sector entities under the IPSAS and IFRS frameworks;
  • Coordinate development of formats for financial statements and reporting to enable all state organs and public sector entities to comply with the prescribed standards;
  • Coordinate preparation of responses to the consultation papers and exposure drafts issued by the international standard setting bodies.
  • Coordinate capacity building programs and standards dissemination activities in the directorate. Page 8 of 17 v) Coordinate preparation of guidelines on accounting standards and best practices
  • Coordinate provision of technical assistance to public sector entities to comply with the set standards vii) Supervise dissemination of standards, guidelines, and other materials;
  • Coordinate publishing and publicizing prescribed Accounting Frameworks, Standards, & guidelines for all public sector entities.
  • Prescribe the minimum standards of maintenance of proper books of accounts for National and County Government entities
  • Coordinate the gazettement and the effective dates of implementation of IPSAS and IFRS Standards, Frameworks & guidelines.
  • Coordinate public participation in the development of guidelines and manuals for Government entities reporting under IPSAS and IFRS Standards.
  • Prepare responses on technical enquiries from Public Sector Entities on the implementation of IFRS and IPSAS.
  • Review and monitor implementation of the Directorate budget and work-plans
  • Coordinate preparation of Board papers.
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