Principal Funds Management Officer

Qualifications, Skills and Experience Required:

For appointment to this grade, an officer must have:

• Cumulative period of nine (9) years relevant work experience, three (3) years of which must have been at the grade of Senior Fund Management Officer or in a comparable position.
• Bachelor’s degree in Commerce (Accounting or Finance Option), Business Administration (Accounting Option) or its equivalent qualification from a recognized institution.
• Certified Public Accountant (CPA)K by Kenya Accountants and Secretaries Examination Board (KASNEB) or any other relevant qualification from a recognized institution.
• Membership to a relevant professional body where applicable and in good standing.
• Certificate in Management Course lasting not less than four (4) weeks from a recognized institution.
• Proficiency in computer applications.
• Demonstrated merit and ability as reflected in work performance and results.
• Meets the requirements of Chapter Six (6) of the Constitution of Kenya (CoK).

Responsibilities:

JOB PURPOSE: 

The Funds and Management Officers are responsible for ensuring that the Authority's financial resources are collected and managed in a prudent, accountable, transparent manner to achieve effectiveness, economy and efficiency, maintaining a financial management system for use by the Authority in producing accurate and reliable accounts free from errors and fraud, and which will be useful in management decisions and statutory reporting.

JOB DESCRIPTION:

• Formulating and implementing the Funds policies, regulations and procedures;
• Formulating and implementing an effective system of internal control that adheres to the Authority’s policies and procedures;
• Validating the payments of health providers and facilities;
• Validating claims received from the claims management office;
• Maintaining books of debtors, debt accounts and monitoring payments;
• Coordinating the preparation of annual financial statements for PHCF, SHIF, and ECCF;
• Developing strategies for resource mobilization in collaboration with other entities;
• Coordinating the planning and budgeting processes for all funds;
• Analyzing resource gaps and recommending priority areas for funding;
• Developing periodic reports on fund operations and performance;
• Coordinating the implementation of financial controls and risk management strategies;
• Supervising the maintenance of books of accounts and financial records;
• Contributing to policy development for fund management; and 
• Mentoring, coaching and developing of staff.