Co-operative Bank Jobs 2017 Sacco Accountant

September 17, 2017at 4:00 pm

Sacco Accountant Jobs at Co-operative Bank

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

Sacco Accountant Job 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 for the Sacco Accountant Job

• 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

Apply here for the Sacco Accountant Jobs

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