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Finance & Operations Officer Job Vacancy at Sensei Institute of Technology (SiT) 2022/2023

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Sensei Institute of Technology (SiT) is a leading construction skills technical training college in Kenya. We have a strong practical training that ensures everyone excels in different skills of their choice.

Responsibilities

Financial Management

  1. Provide effective business and financial management for the school with direct responsibility for budgets and financial business plans.
  2. Prepare costings for the annual budget and to be responsible for producing and advising the Principals in preparing the school budget for sign off.
  3. Completion and present monthly management accounts and reports for Management
  4. Prepare other financial reports and budget tracking as requested to ensure transparency and accuracy in the monitoring of finances.
  5. Provide advice and direction on the planning and budget-setting process.
  6. Work closely with auditors as and when required.

Financial Control

  • To control the management of budgets ensuring that finances are allocated correctly to each cost centre.
  • Ensure that there are robust procedures in place for the collection and banking of all official and school fund monies.
  • Ensure accuracy in all financial transactions
  • Ensure that correct and efficient processes are in place
  • Ensure that processes are in place for the management of administration of all monies
  • Manage the ordering processes effectively ensuring resources are available when required and that ordering is tightly monitored.
  • Ensure all funds due to the college are received in a timely manner and accounted for correctly.
  • Undertake reconciliation of all funds on a monthly basis

Financial Strategy

  • Work with key individuals within the schools to support strategic development from a financial point of view
  • Produce a financial annual plan for each school with performance measures and targets and report on these as required
  • Think creatively to identify areas of efficiencies and savings in the schools.

General activity areas in Finance

  • Evaluating finance exposure relating to achievement of the Institutions strategic objectives.
  • Streamline management of requisition and procurement processes in place.
  • Track and manage all records of all class attendance and fees payments i.e(payments, processes and documentation).
  • Track and analyze records of intake verses exam records.
  • Manage the day-to-day operations of the Finance department including daily work plans.
  • Manage, implement and follow up on business budgets.
  • Responsible for analyzing of financial transactions and statements to ensure smooth running of the institute.
  • Evaluating the effectiveness and efficiency with which resources are utilized.
  • Evaluating the means of safeguarding assets and, as appropriate, verifying the existence of such assets.
  • Evaluating operations or programs to ascertain whether results are consistent with established objectives and goals and whether the operations or programs are being carried out as planned.
  • Reporting significant risk exposures and control issues, including fraud risks, governance issues, and other matters needed or requested by the directors.
  • Knowledge on emerging issues in the industry.
  • Develop and implement standard operating procedures for the finance department.
  • To monitor control mechanisms implemented as part of the Accounting process and assess their operational effectiveness.
  • Management of stores inventory records.

Qualifications

  • Bachelor of Commerce in Accounting or Finance, or related course from a recognized institution
  • Must be a member of Institute of Certified Public Accountants of Kenya (ICPAK) in good standing.
  • Certified Internal Auditor (CIA) and/or Certified Information System Auditor-CISA and/or Certification in Risk Management will be an added advantage
  • At least 6 years of experience directly related to the specified duties and responsibilities.
  • Past experience in a similar environment will be an added advantage.

Method of Application

Submit your CV and Application on Company Website : Click Here

Application Details:

  • Company: Sensei Institute of Technology (SiT)
  • Location: Kenya
  • State: Kisumu
  • Job type: Full-Time
  • Job category: Finance Jobs in Kenya

Closing Date : 31 October. 2022

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