Job Title: Assistant Accountant
Hiring Organization: Cooperative
Bank
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Financial
Service
Job Type: Full
Time
Salary: KES
Date Posted: 04/17/2024
A licensed deposit-taking Sacco in Nairobi, is seeking to urgently
recruit qualified and highly motivated individuals to fill the vacant position
below;
Assistant Accountant (REF: AACC/04/24)
Job
purpose:
Carry out financial and accounting processes, in compliance with
financial policies, procedures and controls systems.
Main Duties and Responsibilities
- Updating the
member’s accounts and general ledger, Daily receipting (standing orders,
direct debits, M-PESA and Other remittances) and cash management.
- Daily processing
of loan disbursement, refunds and any other member related payments.
- Timely and
accurate processing of supplier, allowances and other payments.
- Debtor and
Creditors updates and management.
- Reconciling of
members’ accounts.
- Reconciliation
of Bank, MPESA and GL accounts.
- Petty cash
management and reconciliation.
- Timely
preparation of NSSF, PAYE, NHIF and other statutory deductions.
- Reconciliations
of Eft payments with the loan listings.
- Processing
yearly dividend /Interest.
- Validating and
processing of refunds and withdrawals to ensure the right amount are
refunded to the right members.
- Prepare daily
summaries of expenses and cash position reports.
- Filing of income
tax returns.
- Other duties
assigned by the Supervisor from time to time.
Qualifications
& Experience
- At least a
bachelor’s degree in Finance or Accounting, of business-related field.
- Diploma in
Business related field or its equivalent from a recognized university will
be an added advantage.
- CPA K.
- A member of a
relevant professional body is an added advantage.
- Minimum 2 years
relevant experience and in a similar position.
