Co-operative Bank of Kenya – Our client, a medium sized Savings and credit Co-operative Society with its head-office in Nairobi County and a membership spread across the country, seeks to recruit a suitably qualified persons to fill the following position:
Job Description
Reporting to the Chief Executive Officer, the Accountant shall be responsible for overseeing finance and accounting function in the Society including:
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
Appointment to the position will be made from persons who:
Are holders of a Business related degree or its equivalent from a recognized university and CPA (K) or ACCA and have satisfactorily served as an Accountant in a Society or a comparable position with similar responsibilities in a similar organization for a minimum period of three 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.
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