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Employer: Local Government Training Institute (LGTI)
Date Published: 2017-08-16
Application Deadline: 2017-08-30
JOB SUMMARY:
N/A
DUTIES AND RESPONSIBILITIES:
i. Heads the Department of Finance and Accounts;
ii. Initiates, develops, and monitors implementation of financial policies, systems, and procedures for sound financial management and operations;
iii. Plans, co-ordinates, directs and controls all financial accounting matters of the Institute;
iv. Ensure that daily accounting and financial operations are properly managed;
v. Prepares and maintains accounting records of the Institute;
vi. Prepares financial statements and have them audited for presentation to the Rector, Governing Board and other interested bodies;
vii. Prepares and submits to the Rector monthly, quarterly reports and any other Financial information required by law, Rector or Governing Board;
viii. Prepares Institute’s budgets (Income and Expenditure) using inputs from different directorates and units;
ix. Implements directives on financial accounting matters from the Governing Board, Rector, and Deputy Rector (Planning, Finance and Administration);
x. Assists the Deputy Rector (Planning, Finance and Administration) in making sound judgment regarding Institute’s Financial matters;
xi. Ensure all monies of the Institute are properly collected, banked and used;
xii. Ensure timely preparations and payments of salaries and emoluments;
xiii. Maintain up to date financial information on revenue and expenditure;
xiv. Oversee arrangements for the maintenance of an inventory of assets held by the Institute, and ensure that they are insured;
xv. Maintain up to date and transparent Management Information System on all accounts at all level;
xvi. Supervise staff and other functions in the department;
xvii. Interpret financial regulations and provide adequate guidance to staff members;
xviii. Conduct internal training of the accounting and supplies staff in liaison with the Directorate of Human Resources;
xix. Assist in the implementation of resolutions of the Board and its committees in Financial matters;
xx. Review financial accounting policies, systems and procedures;
xxi. advice the top management on all financial matter; and
xxii. Performs any other duties assigned by his/her seniors.
QUALIFICATION AND EXPERIENCE:
• Master’s Degree in either in Finance, Accounting or Business Administration from a recognized University/Institution plus CPA (T), ACCA, ACA or equivalent qualifications who has been registered as Associate Certified Public Accountant.
• She/he should have a strong background of Financial Reporting Standards with advanced computer knowledge on Integrated Financial Management Systems plus at least ten (10) years relevant experience, five (5) of which must be in managerial position in a reputable organisation.
REMUNERATION: Salary Scale PGSS 14.1
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Employer: Local Government Training Institute (LGTI)
Date Published: 2017-08-16
Application Deadline: 2017-08-30
JOB SUMMARY:
N/A
DUTIES AND RESPONSIBILITIES:
i. Heads the Department of Finance and Accounts;
ii. Initiates, develops, and monitors implementation of financial policies, systems, and procedures for sound financial management and operations;
iii. Plans, co-ordinates, directs and controls all financial accounting matters of the Institute;
iv. Ensure that daily accounting and financial operations are properly managed;
v. Prepares and maintains accounting records of the Institute;
vi. Prepares financial statements and have them audited for presentation to the Rector, Governing Board and other interested bodies;
vii. Prepares and submits to the Rector monthly, quarterly reports and any other Financial information required by law, Rector or Governing Board;
viii. Prepares Institute’s budgets (Income and Expenditure) using inputs from different directorates and units;
ix. Implements directives on financial accounting matters from the Governing Board, Rector, and Deputy Rector (Planning, Finance and Administration);
x. Assists the Deputy Rector (Planning, Finance and Administration) in making sound judgment regarding Institute’s Financial matters;
xi. Ensure all monies of the Institute are properly collected, banked and used;
xii. Ensure timely preparations and payments of salaries and emoluments;
xiii. Maintain up to date financial information on revenue and expenditure;
xiv. Oversee arrangements for the maintenance of an inventory of assets held by the Institute, and ensure that they are insured;
xv. Maintain up to date and transparent Management Information System on all accounts at all level;
xvi. Supervise staff and other functions in the department;
xvii. Interpret financial regulations and provide adequate guidance to staff members;
xviii. Conduct internal training of the accounting and supplies staff in liaison with the Directorate of Human Resources;
xix. Assist in the implementation of resolutions of the Board and its committees in Financial matters;
xx. Review financial accounting policies, systems and procedures;
xxi. advice the top management on all financial matter; and
xxii. Performs any other duties assigned by his/her seniors.
QUALIFICATION AND EXPERIENCE:
• Master’s Degree in either in Finance, Accounting or Business Administration from a recognized University/Institution plus CPA (T), ACCA, ACA or equivalent qualifications who has been registered as Associate Certified Public Accountant.
• She/he should have a strong background of Financial Reporting Standards with advanced computer knowledge on Integrated Financial Management Systems plus at least ten (10) years relevant experience, five (5) of which must be in managerial position in a reputable organisation.
REMUNERATION: Salary Scale PGSS 14.1
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