Manager, Financial Accounting & Treasury

Manager, Financial Accounting & Treasury

Job Type: Full Time

Employer: United States International University

Industry: Finance

Salary: Open to negotiation

Location: Nairobi

Reports to: Chief Financial Officer (CFO)

Job Purpose

This position is responsible for managing the University’s financial assets, liabilities and risk exposures. It involves strategic planning and oversight of the institution’s treasury operations, ensuring optimal liquidity, managing financial risks, and enhancing the financial health of the University

Key Responsibilities

  • Develop and implement financial Treasury Policies to support the University's long-term goals.
  • Give advice to the University management on financial cash flow planning and investment opportunities.
  • Oversee the management of the University’s investment portfolio, ensuring alignment with risk tolerance and return objectives as per approved investment policies (IPS).
  • Explore Cash Investment Opportunities to ensure high Returns by optimizing the use of cash and other financial assets through effective investment strategies.
  • Review the monthly payroll (Full-time, Adjunct, and Casual) and ensure compliance with relevant statutory and regulatory requirements related to payroll payments
  • Manage relationships with banks, financial institutions, and other agencies to ensure efficiency and smooth operations of the University.
  • Review Monthly Project Reports before submission to the External and internal Donors
  • Review daily, weekly, and monthly Bank Reconciliations and all relevant Journals postings
  • Prepare Monthly, Quarterly and annual Cash flow planning and Monitor Cash Positions at banks to ensure sufficient liquidity levels for operations and cash requirements.
  • Supervision and improvement of Section Processes and update of standard operating Procedures (SOP’s)
  • Review annual and interim Audit Schedules and ensure Section’s Audit Schedules are up to date
  • Review of Daily Postings and maintain accurate records of all treasury transactions and activities
  • Review of General Ledger Reconciliations – Account Codes allocated to Treasury Accounts Staff, and ensuring their timely completion.
  • Identify, assess, and manage financial risks, including interest rate risk, foreign exchange risk, and credit risk, and regularly update the Risk Register.
  • Monitor market trends and economic conditions to inform investment decisions.
  • Lead and mentor the treasury team, fostering a culture of high performance and continuous improvement.
  • Work closely with project managers/Principal Investigators and donors to provide financial guidance and support.
  • Provide training and development opportunities for team members.
  • Ensure effective succession planning within the department

Qualifications

  • Bachelor’s Degree in Accounting/Finance
  • Certified Public Accountant of Kenya – CPA(K), ACCA, or equivalent
  • Relevant Master’s Degree;
  • Member in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK)/ACCA
  • Proficiency in Computer Applications
  • Served as Senior Accountant for a minimum of 3 years
  • Shown Merit and Ability as reflected in Work Performance and Results.

How to Apply

Interested applicants must provide a cover letter and a current CV, certified copies of educational certificates and transcripts, names and addresses of three referees, current salary and benefits, and telephone and e-mail contacts to the address below by COB.

Director, Human Resources

United States International University- Africa

P.O Box 14634-00800,

Nairobi, Kenya

Email: jobs-finance@usiu.ac.ke

Deadline: 9th July 2026

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