Senior Project Accountant

Job Description

• As a Senior Project Accountant, you will be reporting to the NVIP Project Coordinator and provide financial advisory services to the Project Manager and stakeholders, ensuring compliance with accounting regulations and project guidelines.
• You will oversee payment processing, verify financial documents, and enforce accounting standards, including GAAP, IPSAS, and government policies.
• Additionally, you will supervise cash withdrawals, reconcile bank statements, analyze revenue collections, and generate financial reports.
• You will also coordinate with government departments, maintain accurate financial records, safeguard project assets, and support staff training and development.

Key Responsibilities

• Providing advisory services to the Project Manager and other stake holders on all financial and accounting matters related to the project;
• Overseeing provision of quality and timely accounting services relating to the project;
• Verifying payment vouchers and committal documents in accordance with the project’s SOPs and the laid down financial rules and regulations;
• Processing and authorizing payments;
• Preparing and compiling financial reports;
• Ensuring application of Generally Accepted Accounting Principles (GAAPs) including the International Public Sector Accounting Standards (IPSAS) and GOK accounting policy and techniques in accounting for project finances, assets, revenue, expenditure and costs;
• Verifying bank reconciliation statements;
• Supervising cash withdrawal for office use and ensuring safety of the same;
• Supervising processing of personal and merchant claims guided by cash balances in the cash books in line with the National Treasury regulations;
• Analyzing revenue collections and generating appropriate reports;
• Coordinating preparation of management financial reports which include monthly, quarterly and annual expenditure returns, bank reconciliation, revenue/AIA returns and cash flow statements
• Maintaining of up to date and accurate books of accounts; safeguarding Government Assets and records in the project; and supervision, training, development of subordinates.
• Liaising with the State Department for Medical Services’ Accounting and Internal Audit units on all relevant matters concerning the project.

Required qualifications, Skills and Experience

For appointment to this position, a candidate must: –

• Have Bachelor’s degree in any of the following disciplines; Commerce (Accounting/ Finance option), Finance, Economics, Business Administration, Business Management or equivalent qualification from a recognized institution;
• Preparing management financial reports which include monthly, quarterly and annual expenditure returns, bank reconciliation, revenue/AIA returns and cash flow statements
• Passed Certified Public Accountants CPA (K) Part III Examination or equivalent qualification from a recognized institution;
• Be proficient in computer application including accounting packages;
• Registration with the Institute of Certified Public Accountants of Kenya (ICPAK) or other relevant professional body and in good standing
• Minimum of five (5) years of progressive experience in accounting, with a track record of success in senior accounting roles in a donor funded organization or Government.
• Ability to adopt to changing project requirements, priorities, and deadlines while maintaining accuracy and integrity in financial reporting;
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams;
• Ability to adapt to changing project priorities requirements, and deadlines while maintaining accuracy and integrity in financial reporting; and
• Strong attention to detail to accurately track project expenses, reconcile accounts, and ensure compliance with financial regulations.
• Experience with UN and GOK- Donor project accounting standards is an added advantage