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23 Jan 2024

Finance Manager at Kenya National Trading Corporation (KNTC)

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Job Description

Kenya National Trading Corporation – KNTC was set up in 1965 as a private limited company owned by the Government. The main objective was to organise and effect exports from and imports into Kenya.

 Job Purpose

Provides leadership, strategic management and day to day management of finance and treasury services.

Duties and Responsibilities

  • Coordinating and consolidating the departmental/divisional budgets and expenditure plans and prepare draft reports for management consideration;
  • Coordinating timely preparation of the annual Work Plans, budget estimates and Medium Term Financial framework of the Corporation;
  • Guiding departmental, divisional and sectional heads in the management of their budgets through regular provision of reliable up to date financial information;
  • Interpreting financial policies for sound financial practices and effective implementation of internal controls;
  • Reviewing expenditure returns from departments, prepare variance analysis and recommend corrective action;
  • Preparing consolidated budget for the Corporation, participate in the Pre-MTEF sector meetings as well as defend the Corporation’s budget during the Sector Working Group (SWG);
  • Preparing the division’s budget estimates and consolidate the Corporation’s annual budget and Medium Term Financial framework for presentation to the General Manager Finance & Business Development;
  • Developing, Implementing and monitoingr ERP Finance Module and ensure that all financial transactions are carried out within the Enterprise Resource Planning for effective and efficient service delivery;
  • Undertaking necessary adjustments in the budget as approved by management from time to time;
  • Collating financial and other supporting information to be reported to committees or Senior Managers;
  • Analyzing financial information to assist Corporation’s profitability and growth;
  • Providing technical support to technical departments during the budget making and external process;
  • Analyzing the prioritization of activities, projects and programs within the Corporation for purposes of resource allocation in the budget and prepare draft reports for approval;
  • Consolidating the finance & Treasury division work plans and budgets;
  • Verifying and ensuring that all ledger transactions are correctly posted;
  • Authorizing payment and journal vouchers to ensure proper usage of resources and avoid wastage;
  • Approving monthly bank reconciliations to ensure stewardship of financial resources;
  • Approving all documents within the Corporation which have a financial implication as per the set limits to ensure financial control and prudent utilization of financial resources
  • Maintaining the Corporation’s records and data on budgets, financial reports, assets and costs, and ensure the same are secure and properly maintained;

Recognized Qualifications

  • A minimum of ten (10) years relevant work experience four (4) of which should have been in a management role in a public or private institution;
  • A Bachelor’s degree in any of the following disciplines: Commerce (Accounting/Finance Option), Business Management (Accounting/Finance Option), Economics, or equivalent qualification from a recognized Institution.
  • A Master’s degree in any of the following disciplines: Business Administration, Finance, Commerce, or equivalent qualifications from a recognized university;
  • Certified Public Accountant CPA (K) certification or its equivalent;
  • Be a Member of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body in good standing;
  • Have a certificate in Management course lasting not less than four (4) weeks from a recognized institution;
  • Have proficiency in computer application skills:
  • Demonstrated professional competence and administrative capability as reflected in work
  • performance and results; and
  • Fulfilled the requirements of Chapter Six (6) of the Constitution


Method of Application

Submit your CV, copies of relevant documents and Application to:

BOARD CHAIRMAN
KENYA NATIONAL TRADING CORPORATION
KNTC HEAD OFFICE BUILDING
OFF NANYUKI ROAD, INDUSTRIAL AREA
P. O. BOX 30587 - 00100
NAIROBI
.

Closing Date : 12 February. 2024





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