FOSA Accountant at 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