Reporting to the Manager, the Principal Accountant will be responsible for overseeing budget formulation, financial accounting and reporting, expenditure monitoring, donor funds management, and compliance with public financial management regulations.
Key Responsibilities
Preparing annual budgets and providing technical support to functional areas during the budget-making process by providing reliable, up-to-date financial information.
Preparing draft annual and quarterly financial statements and accompanying schedules in accordance with the PFM Act and IPSAS.
Managing commitments and expenditures within available budgetary provisions.
Monitoring expenditures of activities based on approved budgets on a periodic basis.
Ensuring safe custody of KASNEB Foundation’s financial records and assets.
Managing KASNEB Foundation cash flows.
Analyzing the posting of transactions in the accounting system for accuracy and completeness.
Verifying payroll, payment invoices, and staff imprests to ensure they are accurate and within budget.
Facilitating timely payments to suppliers, contractors, employees, and other service providers through checking payment vouchers, LPOs, and imprests.
Preparing monthly reconciliation of budget line items in the ERP accounting system and reviewing general ledger reconciliations.
Preparing donor accounts and donor project reporting.
Maintaining the asset register and ensuring disposed assets are accounted for.
Maintaining and updating data in the Government Investment Management System (GIMIS) or any other approved government system.
Preparing monthly and quarterly expenditure and variance analysis reports.
Maintaining records for debtors and generating regular reports to assist management in prompt collection of accounts receivable.
Supporting resource mobilization initiatives by coordinating and overseeing the management and accountability of donor funds in line with agreed frameworks.
Qualifications and Experience
Cumulative service period of nine (9) years relevant work experience, three (3) of which should have been at the grade of Senior Accountant or in a comparable position.
Bachelor’s degree in Commerce, Accounting, Finance, or any other relevant qualification from a recognized institution.
Certified Public Accountant (CPA-K) or equivalent qualification from an accredited examination body.
Membership to the Institute of Certified Public Accountants of Kenya (ICPAK) or a relevant professional body in good standing.
Management Course Certificate 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.
Key Competencies and Skills
Excellent planning, analytical, negotiation, interpersonal, and communication skills.
Sound understanding of corporate governance and management in the public sector.
Ability to develop and implement business, resource mobilization, marketing, and research strategies and techniques.
Enclose detailed curriculum vitae, copies of transcripts, academic and professional certificates, national Identity card, testimonials, and names and addresses of three referees to reach KASNEB not later than Thursday, 20 August 2026 AT 5.00 p.m.
The application letter should indicate the REFERENCE NUMBER KF/HRM/PA/1/2026 of the position applied for and be addressed to:
The Secretary/Chief Executive OfficerKASNEBP.O. Box 41362-00100Nairobi, KENYA