Accountant at Sheria DT Sacco

Employment Terms

• Term of Service: Permanent and Pensionable
• Entry Grade: SG6 of Sheria DT Sacco
• Basic Salary: Ksh. 44,489.25 to 77,755.25
• House Allowance: Ksh. 19,300
• Commuter Allowance: Ksh. 10,000
• Annual Leave: 30 working days
• All Other Leaves: As per the current HR Policy
• Location: Head Office, Upper Hill, Nairobi

Other Benefits

• Medical cover for all staff
• Group Life Assurance Cover for staff
• WIBA Cover for staff
• Annual staff training based on Training Needs Assessments (TNAs)

Key Responsibilities

• Perform daily, weekly and monthly reconciliations of FOSA/BOSA accounts, core banking system transactions, M-Pesa/Paybill, PesaLink, EFT/RTGS and other applicable payment channels.
• Investigate and resolve reconciliation breaks, unallocated funds, out of balance conditions and posting errors through appropriate follow up and corrective entries.
• Liaise with internal departments, vendors, members and payment service providers to resolve transactional disputes, outstanding items and payment queries.
• Prepare high quality reconciliation summaries, month end close reports and audit ready documentation for review by the Finance team and external auditors.
• Maintain strict confidentiality and appropriate handling of all sensitive financial data and records.
• Proactively flag recurring discrepancies, control weaknesses or systemic process gaps to the Head of Finance for further action.
• Support internal and external audit cycles by providing accurate, well organized reconciliation schedules and supporting evidence.

Qualifications, Experience and Competencies

• Bachelor’s Degree in Accounting, Finance, Commerce (Accounts option) or a related field from a recognised institution.
• CPA K qualification, Section 6.
• At least three (3) years of hands on experience in bookkeeping, general ledger accounting or high volume financial reconciliation, in a similar reconciliation focused role.
• Proficiency in ERP systems such as SAP, Oracle or equivalent, and advanced Microsoft Excel, especially with core banking systems or financial management systems. Experience in a SACCO or regulated financial institution is preferred.
• Solid understanding of double entry bookkeeping, general ledger principles and financial reconciliation best practices.
• Attention to detail and numerical accuracy, with the ability to independently identify, investigate and correct accounting errors.
• Strong organizational and time management skills, as well as excellent written and verbal communication skills.
• A team player with a strong work ethic, high personal integrity and commitment to delivering accurate financial outputs.