The Kenya Power & Lighting Company Limited, Staff Retirement Benefits Scheme 2006 (“the Scheme”) was established on 1 July 2006, following the closure of the Defined Benefits (DB) Scheme on 30th June 2006. As a Defined Contributions Scheme, the Scheme is managed by a Board of Trustees whose membership is divided equally between Sponsor nominated Trustees and Member nominated Trustees. The administrative functions of the Scheme are undertaken by the Secretariat of the Defined Benefits Scheme in an arrangement whereby the DC Scheme pays an administrative fee to the DB Scheme. The Scheme was established by the Sponsor with the main objective being to provide benefits to employees (members) upon retirement or to their dependents in the event of death in service.

Intern – Finance
Under the direct supervision of the Finance Officer, Payments, the intern will:

•  Assist in the accurate and timely processing of various payments, including benefits, suppliers, staff, and Trustee’s payments, while ensuring compliance with financial regulations and internal policies.
•  Delivery of official documents to Trustees for their action and collection of the same.
•  Facilitate the delivery of bank instructions to banks and fund managers promptly, ensuring seamless financial transactions.
•  Assist in performing bank reconciliations to verify the accuracy of financial transactions and ensure alignment with financial records.
•  Filing: Maintain a meticulous filing and retrieval system for finance documents, including invoices, receipts, and financial reports, to ensure easy retrieval of documents.
•  Support the retrieval of finance documents as requested by auditors.
•  Support in conducting supplier reconciliations to verify and rectify any discrepancies in financial records, promoting financial accuracy and transparency.

Requirements

Education

•  Degree in Business/accounting related studies. CPA Part 2.
•  Proficiency in MS excel, word and other packages.

Competencies and traits

•  Ability to handle pressure and execute tasks within tight deadlines.
•  Team player with good communication and inter-relationship skills.
•  A proactive and positive ‘can do’ attitude and a willingness to learn.
•  Respectful and must embrace the core values of the fund.
•  Added Advantages
•  Experience working in an accounting /finance environment.
•  Experience working with an ERP system .
•  Knowledge of taxation on supplier payments eg VAT, Withholding taxes.