Finance Officer, Payments – 1 Post(s) at Kenya Power

at Kenya Power Pension Fund (KPPF)
Location NAIROBI, Kenya
Date Posted September 18, 2025
Category Administration
Education / Teaching
Finance
Management
Secretary
Job Type Full-time
Currency KES

Description

The Kenya Power & Lighting Company Limited, Staff Retirement Benefits Scheme 2006 (“the Scheme”) was established on 1 July 2006, following the closure of the Defined Benefits (DB) Scheme on 30th June 2006. As a Defined Contributions Scheme, the Scheme is managed by a Board of Trustees whose membership is divided equally between Sponsor nominated Trustees and Member nominated Trustees. The administrative functions of the Scheme are undertaken by the Secretariat of the Defined Benefits Scheme in an arrangement whereby the DC Scheme pays an administrative fee to the DB Scheme. The Scheme was established by the Sponsor with the main objective being to provide benefits to employees (members) upon retirement or to their dependents in the event of death in service.

Responsibilities

    • Manage petty cash and imprest, ensuring timely replenishment and accurate month-end balancing
    • Compute and remit statutory deductions and taxes accurately and on time.
    • Prepare weekly and monthly payables and expense reports
    • Maintain up-to-date accounts payable and accounts receivable records
    • Prepare ageing analysis of payables and reconcile supplier statements
    • Ensure proper filing and custody of payment-related documents (invoices, POs, receipts) for audit
    • Maintain the accounting registry for payments.
    • Track and update tax accounts to facilitate timely remittance and compliance reporting
    • Support audit processes by providing required documentation and schedules
    • Maintain relationships with vendors and stakeholders and resolve payments-relateissue
    • Receive invoices, verify supporting documentation, and record them in the system.
    • Record all payments and receipts in ledgers promptly.
    • Prepare vouchers for approved payments.
    • Facilitate release of cheques/bank payments to vendors and dispatch payroll.
    • Support payroll processing and maintain organized records
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Required Knowledge, Skills, and Abilities

    • Bachelors Degree or an equivalent in bachelor of commerce (accounting/finance option) from accredited and recognized institution.
    • Professional in bachelor of commerce (accounting/finance option) from accredited and recognized institution.
    • 4 years of relevant experience as an support staff in pension industry
    • 4 years of relevant experience as an support staff in accounting industry
    • Interpersonal and cross-cultural skills, including ability to build collaborative relationships with sensitivity to diversity/inclusion.
    • Creativity and innovation skills.
    • Action oriented and demonstrated ability to manage priorities
    • Quality focus and attention to detail.
    • Professionalism and integrity in line with Kenya Power Pension Fund values.
    • Good oral and written communication skills.
    • Critical and analytical thinking and problem-solving skills.
    • Personal motivation and drive are exhibited through commitment to hard work, continuous improvement and achievement of goals.
    • Experience in use of accounting software and ERP systems.
    • Good customer relationship management skills (internal and external customers).
    • Risk awareness – demonstrate understanding of risk management practices.
    • Expertise in budgeting and budgetary controls and procedures for financial reporting.
    • Possess a professional certificate of bachelor of commerce (accounting/finance option)
    • Should be a member of Professional accounting qualification e.g. ACCA-Level II completed, CPA -Intermediate level completed
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Finance Officer, Payments - 1 Post(s)

Finance Officer, Payments - 1 Post(s)

  • Deadline: Tuesday, September 30, 2025 - closing in 13 day(s)

Job Description

Responsible for accurate and timely processing of payments and receipts, management of petty cash and imprest, maintenance of payment records, vendor account management, and ensuring compliance with tax and statutory remittances.

Minimum Qualifications

  • Qualification: Bachelors Degree
  • Experience: 4 year(s)

Key Responsibilities

  • Manage petty cash and imprest, ensuring timely replenishment and accurate month-end balancing
  • Compute and remit statutory deductions and taxes accurately and on time.
  • Prepare weekly and monthly payables and expense reports
  • Maintain up-to-date accounts payable and accounts receivable records
  • Prepare ageing analysis of payables and reconcile supplier statements
  • Ensure proper filing and custody of payment-related documents (invoices, POs, receipts) for audit
  • Maintain the accounting registry for payments.
  • Track and update tax accounts to facilitate timely remittance and compliance reporting
  • Support audit processes by providing required documentation and schedules
  • Maintain relationships with vendors and stakeholders and resolve payments-relateissue
  • Receive invoices, verify supporting documentation, and record them in the system.
  • Record all payments and receipts in ledgers promptly.
  • Prepare vouchers for approved payments.
  • Facilitate release of cheques/bank payments to vendors and dispatch payroll.
  • Support payroll processing and maintain organized records

Required Knowledge, Skills, and Abilities

  • Bachelors Degree or an equivalent in bachelor of commerce (accounting/finance option) from accredited and recognized institution.
  • Professional in bachelor of commerce (accounting/finance option) from accredited and recognized institution.
  • 4 years of relevant experience as an support staff in pension industry
  • 4 years of relevant experience as an support staff in accounting industry
  • Interpersonal and cross-cultural skills, including ability to build collaborative relationships with sensitivity to diversity/inclusion.
  • Creativity and innovation skills.
  • Action oriented and demonstrated ability to manage priorities
  • Quality focus and attention to detail.
  • Professionalism and integrity in line with Kenya Power Pension Fund values.
  • Good oral and written communication skills.
  • Critical and analytical thinking and problem-solving skills.
  • Personal motivation and drive are exhibited through commitment to hard work, continuous improvement and achievement of goals.
  • Experience in use of accounting software and ERP systems.
  • Good customer relationship management skills (internal and external customers).
  • Risk awareness - demonstrate understanding of risk management practices.
  • Expertise in budgeting and budgetary controls and procedures for financial reporting.
  • Possess a professional certificate of bachelor of commerce (accounting/finance option)
  • Should be a member of Professional accounting qualification e.g. ACCA-Level II completed, CPA -Intermediate level completed

Job Overview

  • Posted date :Tuesday, September 16, 2025
  • Vacancy :1
  • Job nature :
  • Deadline :Tuesday, September 30, 2025

Company Information

  • Name: Company
  • Web : https://www.kppf.co.ke/
  • Email: info@kppf.co.ke

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About Us

The main purpose of the Kenya Power Pension Fund is to provide benefits and pension for all permanent and pensionable employees of Kenya Power. The fund also provide benefits and pension to dependants of employees who die in service. The Fund has gone further by running an Orphan Trustee Program (OTP) as part of its Corporate Social Responsibility from Group Life Insurance benefits to ensure continuity in the education of the deceased employees children.

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