The Kenya Power & Lighting Company Limited, Staff Retirement Benefits Scheme 2006 ("the Scheme”) is seeking a Finance Officer, Payments. The role is responsible for managing the payment cycle, ensuring accurate and timely financial transactions, and maintaining compliance with statutory regulations.
Key Responsibilities
Cash Management: Manage petty cash and imprest, ensuring timely replenishment and accurate month-end balancing.
Tax Compliance: Compute and remit statutory deductions and taxes accurately and on time; track and update tax accounts to facilitate timely remittance and compliance reporting.
Financial Reporting: Prepare weekly and monthly payables and expense reports; maintain up-to-date accounts payable and accounts receivable records.
Payables Management: Prepare ageing analysis of payables and reconcile supplier statements; resolve payment-related issues.
Documentation & Audit: Ensure proper filing and custody of payment-related documents (invoices, POs, receipts) for audit; support audit processes by providing required documentation and schedules.
Transaction Processing: Receive invoices, verify supporting documentation, and record them in the system; record all payments and receipts in ledgers promptly.
Payment Execution: Prepare vouchers for approved payments; facilitate the release of cheques/bank payments to vendors and dispatch payroll.
Stakeholder Relations: Maintain relationships with vendors and stakeholders.
Required Knowledge, Skills, and Abilities
Strong interpersonal and cross-cultural skills, with the ability to build collaborative relationships.
Creativity, innovation, and an action-oriented mindset.
High quality focus and attention to detail.
Professionalism and integrity in line with Kenya Power Pension Fund values.
Excellent oral and written communication skills.
Critical and analytical thinking and problem-solving skills.
Proficiency in accounting software and ERP systems.
Expertise in budgeting, budgetary controls, and financial reporting procedures.
Risk awareness and understanding of risk management practices.
Qualifications and Experience
Bachelor’s Degree in Commerce (Accounting/Finance option) or an equivalent from an accredited institution.
Professional accounting qualification (e.g., ACCA-Level II completed, CPA-Intermediate level completed).
Minimum of 4 years of relevant experience as support staff in the pension or accounting industry.
Membership in a relevant professional accounting body.
How to Apply
Interested and qualified candidates should apply online through the Kenya Power Pension Fund (KPPF) e-recruitment portal. Go to https://e-recruitment.kppf.co.ke to submit your application.
