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DEPUTY FINANCE DIRECTOR of RECEIVABLE

DEPUTY FINANCE DIRECTOR, RECEIVABLE (INTERNAL)

Mount Kenya University (MKU) is a chartered and ISO 9001:2015 certified University committed to a broad-based, holistic and inclusive system of education. The University is a member of the Inter-University Council of East Africa as well as the Association of Commonwealth Universities. MKU is largely known for its dynamic, comprehensive and thorough academic and vocational training system as well as linkages with internationally reputable institutions. The University operates from the main campus in Thika with campuses in Nairobi, Mombasa, Nakuru, Eldoret and Meru, as well as Open Distance and Electronic Learning (ODEL) centres located in major towns in Kenya, Burundi, Somaliland and Uganda.

In pursuit of fulfilling the Mission and Vision of the University, the Directorate of Human Resource is mandated to facilitate and support the Mission and operations of the University by enabling it to continue attracting, developing and retaining the right number of suitably qualified staff so as to maintain the University competitive edge. MKU invites applications from suitably qualified, visionary, competent, dynamic and experienced professionals with impeccable track record to fill the following position.

Qualification

Education, Skills and Experience

Must have:

  • PhD in relevant area of specialization
  • Must be a Certified Public Accountant CPA (K).
  • Registered member of ICPAK
  • Possession of Certified Financial Analyst (CFA) will be an added advantage
  • 3 years’ experience in a senior finance position (Grade 11) within MKU or at a similar position in a recognized academic institution
  • Computer literacy 

OR

  • Masters of Commerce (Accounting/Finance)
  • Must be a Certified Public Accountant (CPA)
  • Registered member of ICPAK
  • 5years’ experience as a senior accountant in Grade 11 within MKU or at a similar position in a recognized academic institution
  • Computer literacy

Key responsibilities also include

Duties and responsibilities:

  • Supervise collection of student fees.
  • Ensure proper administration of student fees into respective student accounts.
  • Preparation of revenue reports for decision making.
  • Ensure fees enforcement compliance as per the university fee payment policy.
  • Supervision of revenue section staff.
  • Authentication of student refund requests before forwarding to the payables section.
  • Approval of student insurance requests to ensure timely processing of insurance covers before proceeding for attachment.
  • Verification of imprest requests for students proceeding on attachment.
  • Ensure proper student account adjustments for credit notes i.e credit transfers, academic leaves, suspension, deferment, course transfer, expulsion etc.
  • Ensure the fee structure in the system is as per the university approved fee structure.
  • Represent the Principal Finance Officer during student orientation.
  • Coordinate filling and maintenance of records for the receivables section.
  • Responsible for customer care in the revenue section
  • Represent student issues in the Finance Directorate Steering Committee meetings.
  • Liaise with sponsors and sponsor organizations i.e. CDF, HELB, Bursaries and guardians regarding fee payment.