Sacco Accountant at Co-operative Bank of Kenya

Job purpose  

Reporting to the Manager, the position will be responsible for the day-to-day coordination of the Society’s Finance and Accounting operations.

Main duties and responsibilities

• In collaboration with the manager, prepare and present annual revenue, budgets, financial statements, cash flow projections and all requisite reports
• Preparation of monthly bank and Mpesa account reconciliations
• Liaison with both internal and external auditors on audit controls and act on management letters and closure of all audit queries
• Liaison with service providers to ensure the society’s policies and procedures are adhered to
• Ensure staff payroll is prepared accurately and timely
• Ensure tax compliance and all other statutory deductions and filings are made to the required authorities on a timely basis
• Keeping abreast with changes in financial regulations and legislation
• Ensuring society’s assets and liabilities are recorded accurately and safeguarded
• Review and implementation of society’s financial and accounting policies and procedures
• Providing guidance to the management on financial and accounting matters
• Ensuring members’ records are always up to date
• Facilitating team members in handling member queries towards service excellence
• Ensuring that adequate budgetary controls are in place
• In collaboration with the manager, advise on prudent financial management and investment
• Ensure proper reporting systems are in place and adhered to
• Any other lawful duty as may be assigned by your supervisor from time to time

Key Qualifications & Experience

• Holder of a Bachelor of Commerce degree or its equivalent from a recognized University
• Is a CPA (K) or its equivalent and a member in good standing with ICPAK
• Diploma in Co-operative Management will be an added advantage
• A minimum of 5 years’ relevant experience
• Prior experience and exposure in the Sacco sector desired
• Computer proficiency in Microsoft Office Suite
• Adept in application of enterprise resource planning systems, knowledge of Microsoft Navision Dynamics will be an added advantage

Competencies needed for the position.

• Be of exemplary integrity and honesty
• Possess analytical skills with attention to detail.
• Have excellent communication and interpersonal skills
• Have excellent report writing and presentation skills
• Possess Coaching and leadership skills.
• Experience with working with targets under tight deadlines with minimal supervision
• Able to work with great agility and collaboratively within a team
• Holds in high esteem and practices biblical values