ICPAK VACANCIES FEB 2012

The Institute of Certified Public Accountants of Kenya (ICPAK) is a statutory body established under the Accountants Act, 2008 for the regulation of the profession of accountancy in Kenya.

The Institute is seeking to recruit top notch quality candidates to fill the following positions.

1. Manager, Financial Services Sector

2. Manager, Standards

3. Assistant Managers, Standards (2 positions)

4. Officer, Standards

5. Officer, Practice Monitoring

Manager, Standards

Job Responsibilities:

Reporting to Director, Professional Services, the incumbent shall assist the department in fulfilling the various roles as described below.

• Provide overall leadership in the adoption and implementation of the International Financial Reporting and Auditing and Assurance Standards, Related Practice Statements, Guidelines and other papers issued by the International Accounting Standards Board and the International Federation of Accountants’ International Audit and Assurance Standards Board and the International Public Sector Accounting Standards Board.
• Spearhead ICPAK’s participation in the development of International Financial Reporting and Auditing and Assurance Standards, Related Practice Statements, Guidelines and other papers by ensuring that ICPAK actively and substantively contributes to relevant proposals, exposure drafts and discussion papers in a timely manner.
• Monitoring the regulatory environment in Kenya so as to identify and contribute to any Laws and Regulations that may impact on financial reporting, management and auditing in Kenya.
• Promote the implementation of International Financial Reporting and Auditing and Assurance Standards and other Guidelines, Policies, Laws and Regulations pertaining to the Financial Reporting and auditing;
• Creating awareness of existing and new International Standards, Guidelines, Policies, Laws and Regulations among members of ICPAK:
• Working with the Training and Development Department in identifying and developing training programs for such International Standards, Guidelines, Policies, Laws and Regulations:
• Developing Guidelines, Financial Reporting and other Templates and providing any necessary technical support to facilitate better understanding and implementation of International Standards, Guidelines, Policies, Laws and Regulations by ICPAK members and stakeholders in financial reporting, management and auditing in Kenya.
• Develop and implement strategies to ensure the success of the Financial Reporting (FiRe) Awards.
• Develop and maintain relationships and partnerships with International Standard Setters as well as with regional and local stakeholders that impact on the financial reporting and auditing in Kenya.
• Be innovative in identifying new trends and issues including undertaking research on issues impacting the financial reporting and auditing and proposing appropriate responses to such emerging trends and issues for the benefit of ICPAK members and the accounting profession as a whole.
• Identify any matters of public interest arising from and impacting financial reporting and auditing and assisting in the preparation and dissemination of ICPAK position papers on such issues.
• Act as the secretary to ICPAK’s Professional Standards Committee assisting in the preparation and implementation of the Committee’s Annual Work Plan designed to enhance financial reporting, management and auditing in Kenya as well as meet the needs of ICPAK members working in financial reporting and auditing.
• Manage the departmental activities including development of departmental work plans and objectives, performance management and staff motivation.

Academic and Professional Qualifications

• First degree in Accounting (Minimum Upper Division) from a recognized university
• Masters Degree preferably in Accountancy, Finance and related field will be an added advantage.
• Fully qualified CPA with ICPAK membership or eligibility to join membership prior to employment.

Work Experience

• Minimum 5 years relevant experience preferably obtained from a medium to large audit firm
• Excellent knowledge of various International Financial Reporting and Auditing and Assurance Standards
• Very good management skills including ability to provide leadership and motivate a team
• Must be computer literate and well conversant with current ICT
• Excellent communication and report writing skills
• The ability to work effectively under time pressure and constraints

Assistant Managers, Standards

2 Positions

Job Responsibilities:

Reporting to the Manager, Standards, the Assistant Managers shall assist in fulfilling the responsibilities outlined above.

Academic and Professional Qualifications

• First degree in Accounting (Minimum Upper Division) from a recognized University
• Fully qualified CPA with ICPAK membership or eligibility to join membership prior to employment.

Experience

• Minimum 3 years relevant experience preferably obtained an auditing environment
• Good knowledge of various International Financial Reporting and Auditing and Assurance Standards
• Very good management skills including ability to provide leadership and motivate a team
• Must be computer literate and well conversant with current ICT
• Good communication and report writing skills

Manager, Financial Services Sector

Job Responsibilities:

Reporting to Director, Professional Services, the incumbent shall assist the department in fulfilling the various roles as described below.

• Provide overall leadership in the adoption and implementation of the International, Regional and Local Standards, Guidelines, Policies, Laws, Regulations and other papers issued by the International Standard Setters and Regulators as well as Regulators in Kenya pertaining to the Financial Services Sector in Kenya.
• Spearhead ICPAK’s participation in the development and monitoring of International, Regional and Local Standards, Guidelines, Policies, Laws and Regulations through ensuring that ICPAK actively and substantively contributes to proposals, exposure drafts and discussion papers that are relevant to the Financial Services Sector in Kenya in a timely manner.
• Promote the implementation of International, Regional and Local Standards, Guidelines, Policies, Laws and Regulations pertaining to the Financial Services Sector through;
• Creating awareness of existing and new International and Local Standards, Guidelines, Policies, Laws and Regulations among members of ICPAK:
• Working with the Training and Development Department in identifying and developing training programs for such International and Local Standards, Guidelines, Policies, Laws and Regulations above standards:
• Developing Guidelines, Financial Reporting and other Templates and providing any necessary technical support to facilitate better understanding and implementation of International and Local Standards, Guidelines, Policies, Laws and Regulations by ICPAK members and users within the Financial Services Sector in Kenya.
• Develop, Build and Maintain relationships and partnerships with International, regional and Local Regulators and other key stakeholders that impact on the Financial Services Sector in Kenya.
• Be innovative in identifying new trends and issues including undertaking research on issues impacting the Financial Services Sector in Kenya and proposing appropriate responses to such emerging trends and issues for the benefit of ICPAK members and the sector as a whole.
• Identify any matters of public interest arising from and impacting the Financial Services Sector in Kenya and assisting in the preparation and dissemination of ICPAK position papers on such issues.
• Act as the secretary to ICPAK’s Financial Services Committee assisting in the preparation and implementation of the Committee’s Annual Work Plan designed to enhance financial reporting, management and auditing within the Financial Services Sector in Kenya as well as meet the needs of ICPAK members working in the Financial Services Sector in Kenya.
• Manage the departmental activities including development of departmental work plans and objectives, performance management and staff motivation.

Academic and Professional Qualifications

• First degree in Finance, Insurance and related (Minimum Upper Division) from a recognized university
• Masters Degree preferably in Finance and related field will be an added advantage.
• Membership of relevant Professional Body or eligibility to join membership prior to employment.

Work Experience

• Minimum 5 years relevant experience preferably obtained from the financial services sector. Those who have worked with a regulator within the financial services sector will have an added advantage.
• Excellent knowledge of various International Financial Reporting and Auditing and Assurance Standards impacting the Financial Services Sector and the various laws and regulations governing the financial services sector in Kenya.
• Very good management skills including ability to provide leadership and motivate a team
• Must be computer literate and well conversant with current ICT
• Excellent communication and report writing skills
• The ability to work effectively under time pressure and constraints

Officers, Standards and Practice Monitoring

Job responsibilities:

Reporting to the Assistant Manager, Standards and Assistant Manager, Practice Monitoring respectively, the officers shall assist in fulfilling the respective departmental responsibilities.

The Officer, Practice Monitoring shall be expected to assist in conducting reviews of audit firms in Kenya and should have work experience in auditing.

Academic and Professional Qualifications

• First degree in Accounting (Minimum Upper Division) from a recognized university
• Currently pursuing CPA qualifications having completed Section 4.

Experience

• Minimum 2 year relevant experience in accounting and/or auditing.
• Knowledge of various International Financial Reporting Standards and International Auditing and Assurance Standards
• Must be computer literate and well conversant with current ICT
• Good communication skills
• Good research and analytical skills

How to apply

Click here to apply for any of the above positions.