The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. This status was retained up to and until June 27th 2008 when the Bank’s Special General Meeting resolved to incorporate under the Companies Act with a view to complying with the requirements for listing on the Nairobi Stock Exchange (NSE)
Job Summary
A medium sized Sacco in Kitui County wishes to recruit a suitably qualified and experienced individual to fill an Accountant position.
Job purpose :
Reporting to the CEO, the position will be responsible for the day to day coordination of the Society’s Finance and Accounting operations. The position will also manage staff within the Society’s accounts function.
Minimum Requirements:
- Holder of a Bachelor of Commerce degree or its equivalent from a recognized
University; - Is a CPA (K) and member in good standing with ICPAK;
- A minimum of 3 years relevant experience;
- Prior experience and exposure in the Sacco sector desired; and
- Computer proficiency for MS Office Suite and specialized accounting software.
Competences needed for the position.
- Be of exemplary integrity and honesty
- Possess analytical and critical thinking skills
- Possess excellent business writing skills
- Have excellent communication and interpersonal skills
- Have excellent report writing and presentation skills
- Possess Coaching and leadership skills.
Responsibilities
- Preparation of budgets and cash flow projections
- Monthly bank and Mpesa account reconciliations
- Preparation of final accounts, Trial Balance, monthly balance sheet and periodical reports
- Liaison with both internal and external auditors on audit controls and act on management letters and closure of all audit queries
- Preparation and presentation of annual revenue and capital budgets
- Management of staff payroll
- Keeping abreast with changes in financial regulations and legislation
- Ensuring the society’s assets and liabilities are recorded accurately and safeguarded
- Review and implementation of society’s financial and accounting policies and procedures
- Providing guidance to the management on financial and accounting matters
- Ensuring that 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
- Filling of statutory returns on time
- Any other lawful duty as may be assigned by your supervisor from time to time
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