Senior Accountant at Co-operative Bank of Kenya

Ref No:SAC/UM/CCIA/16
Reports to:Sacco Manager

Job Summary: The job holder will ensure proper management of the Sacco’s financial records and ensure integrity of internal controls and Sacco accounts.

Key Responsibilities for the Senior Accountant Job

• Ensure compliance with the existing accounting policies formulated by the Sacco Board of Directors and in line with the Cooperative Societies Act, and
• International Accounting Standards.
• Ensuring timely and accurate recording of all transactions.
• Preparation of payments to members and other Creditors
• Preparing daily, weekly, monthly and final accounts and reports.
• Preparing and maintaining member’s personal accounts.
• Reconciling all remittances with ledgers and member Accounts.
• Performing Bank Reconciliations and other Account Reconciliation.
• Assist the Sacco Manager to implement Checks and Controls.
• Supervising all the Society activities when the Sacco Manager is not present.
• Tax and Statutory deductions administration.
• Preparation of the Sacco Budget.
• Ensures that all transactions involving the Sacco expenditure are properly authorized.
• Any other duties that may be assigned to him/her from time to time.

Senior Accountant Job Qualifications and Skills

• Bachelor of Commerce, Business administration or accounting from a recognized university.
• CPA (K) or equivalent.
• Diploma in Co-operative Management will be an added advantage
• At least three (3) years of experience in a medium to large sized Sacco Society.
• Proficient in Computerized Accounting Systems.
• Good communication and analytical skills with track record of ability to meet strict reporting deadlines.
• Aged between 25-35 years