Assistant Accountant at Mhasibu Savings and Credit Cooperative Society Limited

Overall purpose of the job

Responsible for carrying out financial and accounting processes, in compliance with financial policies, procedures and controls systems

Duties and responsibilities

1. Updating the member’s accounts and general ledger,
2. Daily receipting (standing orders, direct debits, M-PESA and Other remittances) and cash management
3. Daily processing of loan disbursement, refunds and any other member related payments.
4. Timely and accurate processing of payments
5. Debtor and Creditors updates and management
6. Reconciling of members’ accounts.
7. Reconciliation of Bank, MPESA and GL accounts.
8. Responding to members queries.
9. Petty cash management and reconciliation
10. Timely preparation of NSSF, PAYE, NHIF and other statutory deductions.
11. General ledger balances and reconciliations
12. Processing yearly dividend /Interest.
13. Prepare daily summaries of expenses and cash position reports.
14. Filing of income tax returns.
15. Any other lawful duties that may be assigned from time to time.

Minimum academic and professional qualifications required

• A Bachelor’s Degree in Accounting, Finance, Business or equivalent
• A professional qualification in accounting i.e., CPA K/ACCA/ACA/CFA
• A member of a relevant professional body is an added advantage i.e., ICPAK
• Minimum 2 years relevant experience,
• Successful candidates will be required to meet the requirements of Chapter 6 of the constitution of Kenya by obtaining the necessary documentation.