Accounting/finance Jobs at Co-op Consultancy & Bancassurance Intermediary Limited, Absa, Ministry of Energy among other Companies

Deadline of this Job: 01 August 2022

Overall Responsibility:
Responsible for maintaining a complete debt collection portfolio, working with delinquent clients to reduce non-performing loans both in amounts and number of accounts

Objectives:
• Management of debt
• Cost efficiency
• Performance Management
• Promotion of a positive corporate image

Duties and Responsibilities
• Analyze the assigned portfolio and recommend for approval turnaround propositions, strategies and actions that would lead to the recovery of the NPLs.
• Negotiate for repayment with problem account holders during recovery, and enforce remedial measures taken such as restructuring, auctions, etc in the interest of the Sacco.
• Attend/appear in court for hearings or as a witness when required and public auctions as the Sacco’s representatives.
• Manage customer relationships where turnaround strategies have been activated to ensure the cure of accounts as well as manage the credit risk exposure.
• Proactively manage relationships with key stakeholders, internal and external including service providers, potential off-takers of assets held as collateral, etc.
• Regularly share lessons learned with all credit actors for future prevention.
• Prepare and submit regular recovery and write-off reports as required.
• Check and verify the accuracy, and completeness of all the relevant documents and balances before the commencement of hard recovery.
• Ensure timely issue of relevant notices to customers that form the debt recovery process, ensure that all 90+ days past due files are properly maintained and have up-to-date file notes and ensure data integrity for all 90+ days past due is maintained.
• Evaluate cost/benefits, identify appropriate alternatives and make recommendations on innovative initiatives to reduce recovery costs and improve efficiency.
• Recommend payment to service providers.
• Appraise the performance of debt recovery officers.
• Ensure compliance with the laid down policies, procedures, and regulatory requirements.
• Any other duty as may be assigned.

Minimum Qualifications and Skills
• A Bachelor’s degree in a business-related course.
• CCP/CPA will be an added advantage.
• 5 years of experience in a management level of a debt collection organization/financial institution.
• Knowledge of proper and ethical debt collection techniques.
• Great time management and organization skills.
• Strong negotiating, decision making and problem-solving skills.
• Working knowledge of Microsoft Office Word, and Excel.
• Able to work well as a team and on own initiative.
• High integrity.

Job Summary
Provide complex advice and support in the positioning of auditing operating models and frameworks in a broadly defined business functional strategy; enabling operating model, strategy and value chain formulation and alignment.

Overall job purpose
• It is the policy of the Board of Absa Group Limited (the Board) to maintain an independent Internal Audit (IA) Function to undertake internal audit work throughout Absa Group and Subsidiary.
• The objective of IA (and therefore the purpose of the role of the CIA of any subsidiary) is:to provide independent, reliable, valued, insightful and timely assurance to the Board and Executive Management. to bring a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management and control processes over current, systemic and evolving risks in the context of the current and expected business environment.

Key Accountabilities
Colleague
• Own and drive personal learning to support achievement of career aspirations.
• Engage and motivate others to develop their skills/knowledge/experience to contribute to the success of IA.
• Provide constructive feedback and evaluation to team members for audit assignments at all levels in the IA function.
• Act as mentor and coach to less experienced team members and support others in developing themselves.
• Knowledge sharing with IA colleagues and peers in the Group and Business.

Company
• Appropriately escalate of key concerns to the SAC, for consideration of Control Issues of Entity Level Significance.
• Support the SAC through appropriate preparation for, attendance at and contribution to committees (including pre-meetings).
• Ensure that entity audit needs are appropriately considered and factored into the Entity and Group-wide annual audit planning process (and continuous auditing).
• Develop a risk based audit plan for the entity, which includes all Regulator required coverage and appropriate coverage as requested by the SAC Chairman and present the resulting proposed entity audit plan to local management for discussion, and then to the entity SAC Chairman and Committee members for approval; be responsible for incorporating any supplements to the plan, as required by the risk based audit plan of the wider Absa Group, and communicating these to the Chairman and the SAC members.
• Defining the risk profile for the business area and using this to define and manage the audit plan.
• Guiding, reviewing and approving the work carried out on audit assignments in order to ensure that the scope of the work is appropriate, that risks and controls are correctly identified and assessed and that the assignments are carried out in accordance with the IA Methodology, IA policies, professional standards, budgets and timetables.
• Contribute to clear and insightful committee reporting, audit reporting and propose pragmatic remediation actions, relevant to the issues raised by IA.
• Bring to the attention of the relevant IA Portfolio Head and Country Executive Management control and risk management issues, weaknesses or irregularities of material significance in the existence of application of controls.
• Strive to empower others to bring efficiency to audit processes.
• Build a deep understanding of the strategy of each business areas of the organisation responsible for which may impact the audit plan, including social/economic/technological trends in all client and customer groups.
• Understand client/customer needs to be able to adapt, where appropriate.
• Oversee effective and efficient use of the team’s resources and budget.
• Play a proactive role in supporting the definition of risk profiles, work effectively with colleagues across IA to ensure the IA audit plan maximise resources.
• Continually build long-term, quality and trusted relationships with a wide network of colleagues and external partners.
• Produce concise and insightful commentary and information for IA wide reporting, e.g. Group Audit and Compliance Committee (GACC)/SAC/ERC.
• Drive the position and brand of IA within Absa through senior level interactions and Audit Committees and relevant Risk and Control fora.
• Lead discussions with Country and Business Management regarding audit observations and issues, consulting with IA PHs where applicable.
• Assign audit and line management responsibilities, direction and guidance to direct reports while maintaining an in-depth knowledge of activities in each area.
• Deliver a view on the effectiveness and adequacy of risk management and controls to the relevant Managing Director (MD) and Executive Management (Country), notably through contributions to committee reporting and audit reports, and proposing mitigating actions.
• Produce commentary and information for IA-wide reporting, e.g. to the GACC (and any other relevant Country and Absa Group Board sub-committees).
• Reporting to local SAC or other relevant legal entity Board sub-committees.
• Support reporting to GACC and SACs for Business Units, Clusters, Functions and geographies, as required.
• Make decisions based on a broad range of factors, with Absa values at the heart. • Set the standard for excellent reporting standards

GCF Climate Friendly Cooking Project, Ministry of Energy
The EnDev GCF Kenya Climate Friendly Cooking Project is being implemented by the Ministry of Energy through the Bioenergy Department of the Renewable Energy Directorate. The Project is Component 1 of the Programme: Promotion of Climate Friendly Cooking in Kenya and Senegal. The Project is designed to contribute to GHG emission reduction estimated at 5.3 Mt of C02eq over its lifetime. It also contributes to increased adoption of improved cookstoves (ICS] by 1.6 million households, as well as professionalizing 90 ICS producers. The Ministry of Energy is collaborating with GIZ and other partners to implement the Project.
Phase 1 of the Project runs from March 2020 to September 2022. while Phase 2 of the Project will run from October 2022 to September 2024.
The job is offered on a contract basis beginning September 2022 to September 2024. However, this will be firmed up at the point of contracting.
The Ministry of Energy wishes to hire an accountant to support the project operations. More specifically. the accountant will oversee the smooth financial Implementation and reporting of the Grant Agreement between GIZ. National Treasury & Ministry of Energy. To ensure this, the candidate will liaise with GIZ.
The appointee will report to the Director. Renewable Energy. Bioenergy Department In the Renewable Energy Directorate.

Tasks:
1. Ensuring that financial and administrative regulations governing the Grant Agreement are complied with:
2. Establish a monitoring system for tracking liquid funds, costs and expenses:
3. Preparation and reporting on monthly project expenditure:
4. Ensuring proper filing of all relevant financial documents:
5. Preparation and submission of financial statements and annual progress reports:
6. Handling monthly, quarterly, and annual closings:
7. Preparation and facilitation of the project audit process
8. Coordination with the Central Bank of Kenya for funds request processing and disbursement:
9. Financial forecastingand risk analysis: and
ID. Advising the designated project officers on best financial practices during implementation.

Desired Qualification:
1. Bachelor of Commerce or any other business-related degree:
2. Certified Public Accountant (K):
3. Registered with the Institute of Certified Public Accountants (ICPAK] must provide the membership number: and
4. Three years ‘experience with projects funded by development partners and implemented in collaboration with mainstream Government Ministries.

Additional competencies:
1. Computer literacy
2. Hands-on experience with accounting software:
3. Strong attention to detail and good analytical skills: and
4. Good communication skills and ability to interact with different stakeholders.
The Ministry of Energy is an equal opportunity employer and will receive applications from all genders, and persons with disabilities.


Internal Auditor
Mavoko Water & Sewerage Company, is a licensed water service provider (WSP) in Machakos County whose main mandate is to provide water and sewerage services to the residents of Mavoko Sub County. We are currendy seeking an internal Auditor responsible for undertaking assurance audits and special review^, assessing controls to ensure policies, procedures and systems are robust and are adequately applied for effectiveness, efficiency and sustainability of the company.

Key Responsibilities
• Formulating and implementing internal audit policies and procedures;
• Leading in development of enterprise risk management framework including die on-going identification and assessment of die company's key risks:
• Evaluating the company's risk profile, and advising on the appropriate risk management strategies:
• Ensuring development of a risk register:
• Reviewing internal control systems and make necessary recommendations;
• Preparing internal audit plans and ensuring they are adhered co:
• Planning, organizing and completing audits to evaluate the effectiveness of the Company's internal controls.
• Reviewing the systems established to ensure compliance with the policies, plans.procedures.statutory requirements and regulations:
• Executing internal audits in compliance widi international audit standards guidelines and best practices:
• Developing audit programmes for audit of all areas of die company's operations and preparing audit reports:
• Directing and/or performing audit programs as determined necessary;
• Ensure all special investigations are properly defined and executed including personally investigating any fraud cases:
• Conducting investigative audits as may be required from time co time:
• Ensuring audit trails in MIS and manual documentation, all entries have supportive documentation and diere exist adequate system backup in all areas of operation:
• Monitor integrity of financial statements:
• Presenting audit findings to management:
• Monitoring and assessing management's progress on past audit results and follow-up on Audit Committee reports:
• Drafting audit reports for distribution to executive management and the Audit Committee: and

Key Qualifications, Knowledge, Skills and Experience
Appointment for the position will be made from persons who have:
• Bachelor degree in Commerce (Accounting/Finance) or its equivalent from a recognized university:
• Member of the relevant professional body (ICPAK.CIA or Institute of Internal Auditors of Kenya):
• Minimum of seven (7)years of experience in auditing with at least three years in supervisory level:
• Good communication and report writing skills;
• Team player:
• Analytical and decision-making skills;
• Ability to work under pressure and meet deadlines.and
• Computer literacy and familiarity with standard office computer applications.

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