FOSA Accountant at Kimisitu Sacco

  • Full Time
  • Nairobi

Kimisitu Sacco

Position Summary

You will be responsible for the management of all FOSA Operations – Cash, Credit, and Channels in accordance with Sacco policies and regulations while meeting member needs and expectations

Main Responsibilities

  •  Verify all accounts opened, facilitate accounts to be closed, and forward for authorization to FOSA Manager
  •  Issue and receive cash and mobile money float to & from tellers
  •  Open and close FOSA accounts.
  •  Approve/ verify FOSA loans and advances and forward the same to FOSA Manager
  •  Verify all FOSA payments
  •  Ensure proper and up-to-date reconciliation of all cash and bank transactions
  •  Daily verification of members’ cash deposits and withdrawal vouchers
  •  Establish owners of all direct credits in FOSA bank accounts and advise tellers accordingly
  •  Effective & efficient supervision of tellers
  •  Reverse erroneous Tellers’ transactions/reverse bounced cheques as approved and inform members accordingly.
  •  Liaise with FOSA key partners e.g. banks, suppliers
  •  Regular monitor and facilitate reconciliation of mobile banking operations
  •  Generate all FOSA reports and forward to the FOSA Manager when due
  •  Forward banker’s cheques issue to the Bank via email
  •  Generate FOSA overdraft and communicate to the account holders
  •  Clear members and non-members cheques
  •  Reconcile ATM and PINS issued
  •  Post transactions to members’ accounts as appropriately authorized by the FOSA Manager through vouchers or other instruments.
  •  Supervise all transactions and ensure sufficient cash flows
  •  Perform any other responsibility as assigned.

Knowledge: Qualifications & Experience

  •  A bachelor’s degree in accounting or its equivalent
  •  Minimum four (4) years of proven relevant experience in a similar role working in a financial institution.
  •  CPA (K) and a registered member of ICPAK in good standing
  •  Proficient in MS Office, excel & PowerPoint
  •  Proficient in using ERP software.

Personal Attributes required for this role:

  •  A person of integrity
  •  Good communication and interpersonal skills.
  •  Excellent analytical and reporting skills
  •  Excellent problem-solving and decision-making skills
  •  Attentive to details.

Key Relationships:
Direct Reports to this Role:

  •  None

Internal Contacts:

  •  All departments

External Contacts:

  •  Members

Method of Application

Interested candidates meeting the above requirements should apply online by filling in the data form. After completing the data form, proceed and send your application letter and a detailed Curriculum Vitae (CV) to Clearly state the subject of the email as E,g Executive Secretary, the data form must be filled in full.

Go to Kimisitu Sacco on to apply

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