Sacco Accountant Vacancy in Kenya

Jul 14, 2017

Job Vacancy: Sacco Accountant

Duties and Responsibilities

The Accountant shall be responsible for overseeing finance and accounting function in the Society:
  • 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.

Appointment to the position will be made from persons who:
  • 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.
  • 5 years relevant experience
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

Download the application form HERE


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