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  • Posted: Mar 26, 2024
    Deadline: Apr 9, 2024
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Kimisitu Sacco was formed in March 1985 by a group of Staff from ICRAF. The society was formed mainly to promote thrift among its members by affording them an opportunity for accumulating their savings; and to thereby create a source of funds from which loans can be made to them exclusively for provident and productive purposes, at fair and reasonable rates ...
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    FOSA Accountant

    Position Summary

    You will be responsible for the management of all FOSA Operations - Cash, Credit and Channels in accordance with Sacco policies and regulations while meeting member needs and expectations

    Main Responsibilities

    •  Verify all accounts opened, facilitate accounts to be closed and forward for authorization to FOSA Manager
    •  Issue and receive of cash and mobile money float to & from tellers
    •  Open and close of FOSA accounts.
    •  Approve/ verify FOSA loans and advances and forward the same to FOSA Manager
    •  Verify all FOSA payments
    •  Ensure proper and up to date reconciliation of all cash and bank transactions
    •  Daily verification of members cash deposits and withdrawals vouchers
    •  Establish owners of all direct credits in FOSA bank accounts and advise tellers accordingly
    •  Effective & efficient supervision of tellers
    •  Reverse erroneous Tellers transactions/ reversing of bounced cheques as approved and inform members accordingly.
    •  Liaise with FOSA key partners e.g. banks, suppliers
    •  Regular monitor and facilitate reconciliation of mobile banking operations
    •  Generate all FOSA reports and forward to FOSA Manager when due
    •  Forward bankers cheques issue to Bank via email
    •  Generate FOSA overdraft and communicate to the account holders
    •  Clear members and non-members cheques
    •  Reconcile ATM and PINS issued
    •  Post transactions to member’s accounts as appropriately authorized by the FOSA Manager through vouchers or other instruments.
    •  Supervise all transactions and ensure sufficient cash flows
    •  Perform any other responsibility as assigned.

    Knowledge: Qualifications & Experience

    •  A bachelor’s degree in accounting or its equivalent
    •  Minimum four (4) years’ proven relevant experience in a similar role working in a financial institution.
    •  CPA (K) and a registered member of ICPAK in good standing
    •  Proficient in MS Office, excel & power point
    •  Proficient in using ERP software.

    Personal Attributes required for this role:

    •  A person of integrity
    •  Good communication and interpersonal skills.
    •  Excellent analytical and reporting skills
    •  Excellent problem solving and decision-making skills
    •  Attentive to details.

    Key Relationships:
    Direct Reports to this Role:

    •  None

    Internal Contacts:

    •  All departments

    External Contacts:

    •  Members

    Method of Application

    Interested candidates meeting the above requirements should apply online by filling in the data form. After completing the data form, proceed and send your application letter and a detailed Curriculum Vitae (CV) to Clearly state the subject of the email as E,g Executive Secretary, the data form must be filled in full.

    Interested and qualified? Go to Kimisitu Sacco on to apply

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