Assistant Manager, Finance and Accounts (Project Finance)

About

Reporting to the Manager, Finance and Accounts (Project Finance), the role ensures effective and efficient management, monitoring and control of project payments to contractors, consultants and Project Affected Persons, and preparation of project financial statements. It requires a master's and bachelor's degree in a relevant business or finance discipline, leadership training, professional accounting membership and qualification, and at least 12 years' relevant experience including three years at Principal Accountant grade or comparable. Job grade: KET 4. Terms of service: Permanent and pensionable. Number of posts: One (1) position. Reference: KET/5/1C/40/250 VOL 1 - B (11/2026). Duty station: Nairobi.

How to apply

Submit an application clearly indicating the position applied for and vacancy Reference No. as the subject heading via the joblink posted on the KETRACO website. Hard copies shall not be considered. Provide a signed application letter; a detailed Curriculum Vitae indicating current and previous employers, positions held, level of education, current and expected salary, notice period required to take up appointment and names of at least three professional referees; copies of academic and professional certificates; and a copy of National Identification Card or Passport.

Responsibilities

• Providing leadership to staff in the Division.
• Reviewing project accounts' internal controls, identifying and reporting any incidences of non-compliance and financial risks.
• Overseeing preparation of Cash-flow projections on a quarterly basis for Development Finance Institutions (DFI) funded projects to ensure timely drawdown of funds and adequate budgeting.
• Coordinating review of project related tax exemptions to ensure that they reconcile with the tax exemption master list.
• Ensuring compliance with terms in Financing Agreements between Government of Kenya and DFIs.
• Coordinating follow up of counterpart funding for projects.
• Coordinating execution, extension and cancellation of custom bonds.
• Overseeing preparation of interim financial reports for submission to DFIs.
• Developing and implementing the Division's work plan and budget.
• Coordinating implementation of Divisional policies, objectives and strategies.
• Overseeing operations, administration and financial management of the Division.
• Coordinating preparation of monthly, quarterly and annual project status reports.
• Monitoring and evaluating the laid down project related financial procedures and make recommendations for improvement.
• Reviewing and recommending payment of contractors/consultants.
• Reviewing processing of wayleave compensation to project affected persons within the stipulated timelines.

Qualifications

• Master's degree in any of the following disciplines: Commerce, Accounting, Finance, Business Management, Business Administration or equivalent qualification from a recognized institution.
• Bachelor's degree in any of the following disciplines: Commerce, Accounting, Finance, Business Management, Business Administration or equivalent qualification from a recognized institution.
• Certificate in Leadership Course lasting not less than four (4) weeks from a recognized institution.
• Member of the Institute of Certified Public Accountants of Kenya (ICPAK) or relevant professional body.
• Certified Public Accountant CPA (K), ACCA finalist or relevant qualification from a recognized institution.
• At least twelve (12) years' cumulative relevant work experience, three (3) of which should have been at the grade of Principal Accountant or in a comparable position.