Accounts Assistant(Financial Services) at CDL Human Resource

Roles & Responsibilities

• Update and reconcile Member Personal Accounts (MPA) to ensure accuracy and completeness
• Assist to prepare monthly payroll and other statutory deductions.
• Validating and processing member refunds and payments.
• Prepare monthly financial statements, reports and records by collecting, analyzing and summarizing account information
• Filing of accountable records/documents/reports including bank reconciliation statements and M-pesa statements.
• Debtor and Creditors updates and management.
•  Handling next of kin claims for deceased members, advising on necessary documentation and preparation of payments.
• Assist in the preparation of monthly payroll, ensuring all statutory and other deductions are accurately computed and remitted..
•  Prepare and process payments to both internal and external parties in a timely manner.
• Ensure prompt preparation and processing of member refunds and other payments.
• Receipt and record all payments including M-Pesa, standing orders, direct debits, and other payment channels.
• Maintain proper filing systems for accountable documents, including bank reconciliation statements and M-Pesa reports.
• Support bookkeeping activities, including data entry and maintenance of financial records.
• Maintain and update records of withdrawal notices and prepare files for further action.
• Assist in bank reconciliations and ensure discrepancies are identified and resolved promptly.
• Ensure compliance with SACCO policies, financial procedures, and regulatory requirements.

Qualification & Experience

• Diploma or Degree in Accounting, Finance, or a related field.
• CPA (Part II or above) or equivalent qualification.
• At least 4 years’ experience in carrying out finance/Accounts functions in a Deposit-Taking Sacco Society.
• Working experience with MS Dynamics Navision.
• Conversant with the Co-operative Act, SACCO Act, SASRA requirements, and IFRS.
• Proficiency in accounting systems and Microsoft Office (especially Excel).

Attributes & Skills

• Ability to handle pressure and meet deadlines.
• Good understanding of the internal policies, systems, and procedures of a SACCO.
• Strong attention to detail and accuracy.
• Good organizational and record-keeping skills.
• Integrity and ability to handle confidential information.
• Good communication and interpersonal skills.