NRS Sacco is a growing financial institution currently with over
7,000 members.
And that is why we need to recruit a larger team into the
organization to help us realize NRS mission and vision as we expand nationally.
Accountant
Duties and Responsibilities of Accountant
·
Reports to the C.E.O.
·
Ensure that there is a structure for the financial management
team with clearly defined roles and responsibilities to adequately support
sound financial management.
·
Plans, organizes and implements accounting operations and
objectives; coordinates and integrates all activities toward achievement of
established goals and objectives.
·
Supervises, trains and evaluates accounting professionals, and
entry level accounting and support staff.
·
Ensures all functions and programs planned are performed within
established budgetary parameters, to include performing cost control
activities, monitoring revenues and expenditures, and ensuring sound fiscal
control.
·
Regularly review and address the developments in financial
management systems to ensure the most appropriate technological support for
financial management practices.
·
Timely preparing, updating, financial reports to be submitted to
the Sacco Regulatory body on 15th of every month without fail.
·
Preparing financial statements including income statement,
balance sheet, and statement of cash flows on a monthly basis, and report the
same to the C.E.O. by 10th of every month.
·
Prepare and analyze on a quarterly basis the society business
plans and budget.
·
Report on a monthly basis, liquidity level of the society at
branch level, and advice the C.E.O. on a quarterly basis through a strategic
financial plan on ways to address constant liquidity that would meet high loan
demands.
·
To constantly maintain at least 20% of revenue income as
liquidity to finance institutional activities and operations.
·
Performs highly complex accounting work according to generally
accepted accounting principles, established procedures, departmental
guidelines, and regulatory requirements applicable to the work.
·
To timely advice the credit sub-committee on liquidity levels to
enable them to make decisions on dates of loan appraisals.
·
To ensure that monthly loan demands are efficiently met by
timely reporting of any anomaly before disbursement.
·
Prepares critical fiscal documentation regarding accounting
activities, e.g., weekly, monthly and annual reports, draft and revised codes
and ordinances.
·
Generates various complex system reports or audits calculations
and ensures accuracy, e.g., billing, payroll processing, and accounts payable.
·
Maintains and reconciles balance sheet accounts for all funds
with assistance from accounting support personnel.
·
Plans, manages, coordinates, and implements the year end closing
processes and procedures for the assigned accounting records; conducts year-end
closing process; provides information to financial auditors; conducts standard
internal audits of various accounting records.
·
Prepares budget forms for distribution at the beginning of the
budget process; prepares fund summaries.
·
Ensures adherence to generally accepted accounting standards and
principles; ensures maintenance of proper audit trails and verification and
reconciliation actions for all processed work.
·
Performs verification and reconciliation tasks for
invoices/receipts/balances according to department checks and balances
procedures.
·
Prepares a variety of studies, reports and related information
for decision-making purposes.
·
Provides technical accounting support and interpretation to
management and employees.
·
Attends and represents department at various executive meetings
for the dissemination of information; prepares management meetings for
dissemination of information; serves as a member of various employee
committees.
·
Coordinates activities with other departments and work groups as
needed.
·
Link financial and management reporting issues to gain a better
understanding of the organization and the relationship between the
organization’s day-to-day operations and the achievement of corporate goals and
objectives;
·
Increase management understanding of financial issues through
being an advocate of the value of linking financial and operational information
for decision-making purposes;
·
Focus more on measuring and controlling business risk through an
effective financial risk management framework.
·
Come up with at least three other sources of revenue every
quarter.
·
Ensure obligations under taxation legislation are met.
·
Be responsible for the development, maintenance and management
of the chart of accounts.
·
Review financial reports to ensure that the information is
endorsed as to its completeness, reliability and accuracy.
·
Creation of, and support of, performance management systems to
my department that link both qualitative and quantitative key performance
indicators to the outcomes of the organization.
·
Any other duties that may be assigned by the C.E.O.
Minimum Qualifications Required:
·
Bachelor of Commerce degree or its equivalent from a recognized
university;
·
Must be a CPA (K) and registered with ICPAK
·
Must be knowledgeable with the new SASRA regulations
·
Experience in a comparable position with similar
responsibilities in a SACCO or in like organizations for a minimum period of
three (3) years.
·
Proficiency in Sacco Accounting Management Software is a must.
·
Strong ICT skills
·
Demonstration of team building, leadership skills, interpersonal
and communication skills
·
Age between 30-40 years
Application letter must be Hand Written and current and expected
Salary be indicated and sent through post below.
Please note, only hand written applications will be considered.
Interested candidates who meet the above qualifications may send their applications enclosing copies of relevant certificates and testimonials, detailed CV including names and contacts of three referees to reach the undersigned on or before 11th March 2013 by noon.
Interested candidates who meet the above qualifications may send their applications enclosing copies of relevant certificates and testimonials, detailed CV including names and contacts of three referees to reach the undersigned on or before 11th March 2013 by noon.
All applications received after that shall not be considered.
For more information please contact the C.E.O. on ndetika@gmail.com
Send applications to:
The Chief Executive Officer
NRS Sacco Ltd.
P.O. Box 575-00902
Ondiri building.
Kikuyu.
Send applications to:
The Chief Executive Officer
NRS Sacco Ltd.
P.O. Box 575-00902
Ondiri building.
Kikuyu.