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Message from the Finance Office

The finance office is mandated with the following core functions;

1.       Financial Operations

This involves processing of tuition fee charges, invoicing and postings, receipts of revenue and debt management, payment and reconciliation of supplier accounts, purchase order systems and outstanding liabilities and payment of claims.

2.       Payroll Processing

This involves payment of salaries and wages including statutory deductions, preparation of returns to Kenya Revenue Authority (KRA), National Hospital Insurance Fund (NHIF), National Social Security Fund (NSSF), issuance of pay-slips and P9 advices as required.

3.       Treasury Management

This involves processing all cash transactions; maintain bank accounts and cash balances, investing funds on secure deposits at competitive rates of return, cash Flow management and forecasting, bank reconciliations

4.       Financial Reporting

This involves production of annual statutory accounts, production of monthly and quarterly management accounts, providing financial reports to donors and other fund providers, preparing and submitting Quarterly  Financial reports to the National Treasury and attending promptly to audit queries and reports

5.       Financial Planning

This involves preparation of Institutional and strategic plans and quantify deliverables and        Budgeting and cash flow forecasting.

6.       Management Accounting

This involves regular reporting on financial performance including budget variances and forecast and recommendation and advice to ensure budgets and plans are achieved

7.       Financial Compliance

This involves Setting the regulatory financial framework for the College in accordance with IPSAS s and statutory requirements, ensuring compliance to the TVET Act and Financial Regulations and satisfying the Auditors and external regulators (e.g. KRA, HELB, NHIF, PPOA)

8.       Risk Management

This involves Adopting a solid risk based approach to finance to deliver long term sustainability.

and instituting controls over college resources.

CPA Hesborn Ehaji

FINANCE OFFICER

IMPORTANT INFORMATION ON FEES

  • All fees (including accommodation fees) should be banked on the college account KCB Bank;

Acc No.1101755652

Kakamega Branch

 

  • All students should clear their fees arrears before paying for the current period.

 

  • Accommodation is optional. It is be charged at the rate of Kshs.3,000 per term.

 

  • Examination fees vary with various levels and courses and are not part of the above fees.

 

  • Students are expected to purchase their own meals i.e Pay As You Eat (PAYE).

Notice

  • Admission Requirements
  • Courses Offered

QUICK LINKS

  • TVETA
  • HELB
  • KUCCPS
  • KNEC
  • TSC
  • PSC

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