Policyholders Compensation Fund (PCF) – Manager, Finance.

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JOB TITLE Manager, Finance
DEPARTMENT/DIVISION/UNIT Corporate Services
GRADE/LEVEL PCF 3
IMMEDIATE SUPERVISOR Chief Manager, Corporate Services 



1.0 PURPOSE OF THE JOB (JOB SUMMARY)

Responsible to the Chief Manager, Corporate Services for providing strategic direction and policy advice on all matters related to finance and accounts. 

2.0 DUTIES AND RESPONSIBILITIES

Specific duties and responsibilities entail;

i) Developing and implementing budgetary and resource mobilization policies, procedures and systems for the Fund;

ii) Developing work plans, procurement plan and budget for the Division;

iii) Formulating and implementing relevant policies, strategies and procedures;

iv) Preparing annual recurrent and development budget including coordination of budgeting process with various divisions and departments; 

v) Advising management on all financial matters of the Fund;

vi) Preparing investments and funding proposals for the Fund;

vii) Formulating and implementing an effective system of internal control that adheres to the Fund’s policies and procedures;

viii) Overseeing the implementation of the budget and preparing financial performance reports including variance analysis reports to aid management in decision making;

ix) Preparing budgets and forecasts and reports in a clear and timely manner on the attainment of these forecasts and budgets; 

x) Advising the Board and the management on accounting matters relating to the Fund;

xi) Planning, managing and coordinating end of month and end of year closing process and procedure;

xii) Preparing clear and concise periodic financial statements and reports as required; 

xiii) Maintaining assets register and assets inventory control documents;

xiv) Preparing the Fund’s annual accounts in line with the Governing regulations and coordinating the audit of the annual report and financial statements. 

xv) Responding to audit management letters as appropriate; 

xvi) Providing advice to the Board and implementation of audit recommendations;

xvii) Preparing and presenting Board papers; 

xviii) Preparation and implementation of the Department’s performance contracts; and

xix) Assessing performance, mentoring and coaching of staff under the Officer’s purview. 

 

3.0 REQUIREMENTS FOR APPOINTMENT

For appointment to this grade, an officer must have;

i) Bachelor’s degree in Commerce, Economics, Business Administration or its equivalent qualifications; 

ii) Master’s degree in Finance, Insurance, Accounting, Business Administration or equivalent qualification from a recognized and accredited institution;

iii) Certified Public Accountant Part III (CPA-K) qualification or its equivalent from a recognized institution;

iv) Membership to the Institute of Certified Public Accountant of Kenya or any other relevant and recognized professional body;

v) Strategic Leadership and Development Programme (SLDP) or its equivalent will be an added advantage;

vi) Shown merit and ability as reflected in work performance and results;

vii) Demonstrated outstanding professional competence and leadership qualities/characteristics at work place.

viii) At least eight (8) years’ relevant experience, five (5) of which should have been at a management position.

Terms of Offer:

An attractive remuneration package commensurate with the responsibilities of the position will be negotiated with the successful candidate. Successful candidates in job grades PCF2 and PCF3 will be engaged on a five (5) years contract renewable based on performance.


Application

Suitably qualified and experienced individuals should submit applications enclosing a detailed curriculum vitae (CV), copies of relevant academic and professional certificates/testimonials and a copy of National Identity Card.


The CV must at the minimum provide details of the applicant’s email address, day-time mobile telephone numbers, details of current employer, current remuneration and names and contacts of three (3) referees familiar with the applicant’s professional background and experience.


Shortlisted candidates will be required to produce the following statutory documents during the interview:

• Tax compliance certificate from Kenya Revenue Authority;

• Clearance Certificate from Higher Educations Loans Board;

• Clearance from the Ethics and Anti-Corruption Commission;

• Certificate of Good Conduct from the Directorate of Criminal Investigations;

• Clearance from an approved Credit Reference Bureau;

• National Identity Card.


Applicants are also notified that shortlisted candidates may have to undergo and necessary integrity background checks with relevant law enforcement institutions.

Applications, addressed to the undersigned, may be delivered at the Policyholders Compensation Fund offices at Zep Re Place, 2nd Floor, Longonot Road, Upper Hill. Please note that these should be sealed, marked “Confidential” and indicate the job reference (e.g“PCF/SD/14” for Senior Driver position). Alternatively, they may be sent by post or email to:


The Managing Trustee

Policyholders Compensation Fund

Zep-Re Place, 2nd Floor

Longonot Road, Upper Hill

P.O. Box 24203 – 00100 Nairobi, Kenya

Email: recruitment@pcf.go.ke

Applications must be received by close of business on 12th February 2021.

Important: PCF is an Equal Opportunity Employer committed to diversity and gender equality.

Canvasing in any manner shall lead to automatic disqualification.

Only shortlisted candidates will be contacted.

https://www.pcf.go.ke/index.php/careers

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