VACANCY – ACCOUNTANT POSITION (1)

Our client, IG SACCO, is a premier Regulated Tier-1 Deposit-Taking SACCO whose Head office is in Kakamega Town, Western Kenya. The SACCO has an asset base of Kshs. 12.95 Billion and membership of about 30,000 drawn from the teaching profession and most sectors of the economy. It has a growing branch network, currently seven (7) in Kakamega and Vihiga Counties. 

The SACCO seeks to recruit highly motivated, visionary, dynamic and results oriented individuals with demonstrated high integrity, innovation and ability to deliver results to fill the position of Accountant to drive its growth and business expansion strategies:

TITLE ACCOUNTANT ( IG-ACN)

Job Reference No. REF: IG-ACN 003/2023

Opening Date 15/03/2023

Closing Date 29/03/2023

JOB PURPOSE

The holder of this position shall be responsible for the recording, summarizing and reporting on the financial transactions of the SACCO to the Finance Manager.

JOB SPECIFICATIONS

• Ensuring monthly reconciliation is done for the account holders, salary earners, dormant accounts, overdrawn accounts, closed accounts and review the same;

• Ensuring updated reconciliation of Mpesa, Paybill, PesaPepe, Bankers cheques, loans and advances, salaries and payouts is updated on time;

• Processing payroll and ensure all statutory deduction are remitted to the relevant authorities;

• Ensuring that internal customer fund transfers and journals are effected on a daily basis upon authorization;

• Ensuring that cashbook and general ledgers are updated on daily basis;

• Monitoring control accounts;

• Ensuring proper procedure and processing of member withdrawal is followed;

• Preparing death claims and timely forwarding to the Insurance Company for claiming and making reports thereafter;

• Updating list of standing orders, direct debits and any other forms of remittances outside the checkoff system;

• Verifying all the accounting documents;

• Ensuring that rent from the IG tenants is promptly received and receipted accordingly; and

• Perform any other relevant duties as may be assigned from time to time.

PERSON SPECIFICATIONS.

• Bachelor’s Degree in any of the following disciplines: - Commerce; Business Management (Accounts Option); Finance from a recognized institution.

• CPA (K) is a requirement.

• Must be a member of a professional body (ICPAK) and in a good standing.

• Diploma in Cooperative Management will be an added advantage.

• At least three (3) years of experience in a reputable financial institution.

• Knowledge in computerized accounting is a requirement

• Compliance with chapter 6 of the constitution is a requirement.

DESIRED SKILLS AND COMPETENCIES:

• Attention to details.

• Good interpersonal and communication skills.

• Good in financial report writing and interpretation skills.

• Able to work under pressure and meet deadlines.

• Conversant with SACCO Act, cooperative SASRA requirements and IFRS.

APPLICATION PROCESS

If interested, send ONLINE APPLICATION following the two-step process below:

1. Fill the form on this link https://forms.gle/mcLfVLs4BTtMPyTHA and submit.

2. Complete the application process by uploading your Cover letter, Curriculum Vitae (C.V.) and certificates/testimonials and email to recruitment@kuscco.com to reach us on or before 29th March, 2023.

N/B Only shortlisted candidates will be contacted by 6/4/2023. Canvassing will lead to automatic disqualification.