Principal Accountant at National Research Fund

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 of Principal Accountant:

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 of  Principal Accountant :

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.