Sacco Accountant Job in Kenya

Sacco Accountant
Ref No. KCS2/CCIA/2017
Our client, a medium sized Sacco in Nairobi with a membership of 1,400, seeks to recruit a suitably qualified person to fill the position of a SACCO Accountant.
Responsible To: Chief Executive Officer

Responsibilities

·         Preparation of Society final accounts, Trial Balance, Balance sheets etc;
·         Preparation and presentation of annual revenue and capital budgets;
·         Preparation of Economic reports;
·         Analyzing market and competitors trends;
·         Developing financial management mechanisms;
·         Conducting reviews/evaluations for cost reductions on various vote heads;
·         Managing Sacco’s financial accounting and monitoring systems;
·         To liaise with internal /External Auditors on audit Controls and act on management letters;
·         Producing accurate financial reports;
·         Give a cost benefit analysis on external borrowing for Board of Directors approval;
·         Management of staff payrolls;
·         Keeping abreast of changes in financial regulations and legislation;
·          Ensuring the Society assets and liabilities are recorded correctly and safeguarded;
·          Ensuring the necessary cash reserve is maintained as required by law;
·         Keeping and managing debtors and creditors records;
·         Implementation and review of the Society’s financial accounting policies and procedures;
·         Giving guidance in all financial and accounting matters;
·         Ensuring adequate budgetary controls are in place;
·         Advising and overseeing prudent financial management and investment;
·         Submitting implementation work plans and ensure proper reporting systems are in place;
·         Approving payments made by the Society;
·         Ensuring that accounts and reconciliation are done on a monthly basis and adherence to specific deadlines; and
·         Any other lawful duties that may be assigned from time to time.

Qualifications

·         Are holders of a Business related degree or its equivalent from a recognised university and CPA (K) or ACCA
or Bachelor’s Degree and CPA (K) or its equivalent
·         or CPA (K) and have satisfactorily served as an Accountant in the Society
·         or a comparable position with similar responsibilities in a Sacco or in like organizations for a minimum period of 3 years.
·         Diploma in Co-operative Management will be an added advantage.
·         Have demonstrated high financial management capability and Investment.
·         Have good knowledge of Information Technology.
Attributes / Skills
·         High financial management capability.
·         Judgment and decision-making ability
·         Strong analytical, financial reporting, and presentation skills with the ability to present complex issues clearly and concisely
·         Accuracy and attention to detail
·         High leadership and administrative capacity
·         Ability to plan and execute tasks with minimal supervision
·         Excellent communication and interpersonal skills.
·         Good IT skills and Proficient in Microsoft office suite
How to Apply