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Position title: Financial Controller |
Immediate superior: Chief Director |
Immediate subordinate:
- Chief Accountant- Treasury/Monitoring
- Principal Accountant- Account Analysis and Reporting
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Associates: Directors of MOFA and Regulatory Agencies |
Objectives of the position
- Ensure greater efficiency and effectiveness in the use of financial resources.
- Provide adequate financial records in line with the FAA and FAR.
- Provide adequate financial information for management decision making.
- Enhance greater linkage between disbursement and plan implementation within MoFA.
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Responsibilities
- Advises Management and Cost Centre Managers on all financial matters.
- Ensures the compliance of Financial Management policies and procedures in line with Government Financial Administration Act and Regulations and MoFA Accounting Manual.
- Assists in the preparation and monitoring of Cost Centre budget and actual disbursement
- Ensures that all revenues due are completely and accurately recorded and accounted for.
- Ensures that expenditures are authorized with appropriate documentations before processing.
- Design and implement an effective accounting system in line with the government accounting system.
- Preparation of monthly, quarterly and annual financial reports for all stakeholders.
- Ensure adequate supervision and capacity building of all accounting staff.
- Develop financial policies and procedures for planning and controlling the financial transactions of the Ministry which are consistent with prevailing financial and accounting policies, objectives, rules and regulations;
- Initiate the timely preparation and consolidation of budgets for the activities of the Ministry within the fiscal decentralization framework;
- Establish, collate and maintain adequate records to aid the preparation and presentation of the Ministry’s annual financial report.
- Create and operate effective systems aimed at ensuring that monies received are supported by appropriate and duly authorized documents;
- Consolidate and incorporate the Ministry’s need for equipment and material into purchasing plan and ensure prompt release of funds to meet all approved purchases
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Other duties
Undertake any other duties that may be assigned.
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Authority
Exercise authority derived from and consistent with his responsibilities as well as authority delegated by the Minister and/or the Chief Director.
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