JOB ROLE/ PURPOSE:

Support the SACCO financial aspects and accountability according to policies, by laws and set Financial Accounting Standards – IAS

PRINCIPAL ACCOUNTABILITIES SPECIFIC ACTIVITIES
1. Process Sacco payments to support fulfillment of client and other stakeholders’ personal needs
  • Assist the Accountant to process timely SACCO payments.
  • Verify payment schedules for any mistakes and compliance to SACCO policies.
  • Ensure timely payments authorization by following up with account signatories.
  • Secure signatures for cheques from authorized signatories and delivering them to respective banks.
  • Completes weekly journals for posting.
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2. Conduct reconciliations of all payments made and eliminate inconsistencies and anomalies
  • Assist the Accountant in the preparation of monthly bank and/or mobile money reconciliations.
  • Obtain bank statements and compare with the SACCO records.
  • Reconcile accounts payable.
  • Obtain vendor statements and compares with SACCO transactions, identify errors and pass journal entries for correction.
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3. Prepare and file tax returns and other statutory deductions and maintain and update the SACCO asset register in line with established policy framework
  • File statutory returns on time.
  • Maintain and update the SACCO fixed asset register.
  • Verify the accuracy and authenticity of accountabilities.
  • Identify appropriate general ledger codes for expensing accountabilities.
  • Perform periodic asset verifications and cash counts and stock counts at head office and/or other business centers.
  • Ensure that all documents are archived and maintained in a safe and secure manner for the time periods specified by SACCO policies.
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4. Constantly review and improve the internal control and risk environment to safeguard all SACCO resources 
  • Identify internal controls that require improvement and suggest appropriate policy and procedure modifications for improved internal control.
  • Ensure that all financial systems provide adequate audit trail and documentation.
  • Ensure all paperwork is properly archived at the end of each audit.
  • Assist the Accountant obtain support documents, prepare analyses of accounts for audits.
PERSON SPECIFICATIONS
Essential requirements: a)     Bachelors degree in Commerce [Accounting] or Business Administration [Finance or Accounting] from a reputable Institution/University

b)     At least 2 years’ experience in accounting or auditing.
Desirable requirements: ACCA or CPA qualification (Level 2 minimum)
KNOWLEDGE

The candidate should possess knowledge of;

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a)     Generally accepted accounting principles (GAAP) and IFRS

b)     Development and management of budgets and fiscal control principles

c)     The application of the accounting software systems and database spreadsheets
SPECIAL SKILLS & ATTRIBUTES

a)     High levels of professionalism

b)     Planning and organizing skills

c)     Demonstrated skills in developing and monitoring systems and capacity building of external stakeholders

d)     Strong decision making and problem-solving skills

e)     An effective communicator, strong written, interpersonal and verbal communication skills

f)      Good command of the English language

g)     Honest, approachable. team player, intelligible and resourceful

h)     Has unquestionable integrity and strong leadership skills
AGE LIMIT: BELOW 40 YEARS

Application procedure

Only Online Applications through Portal link https://bit.ly/m/URA-SACCO-JOBS-2023 will be accepted by 1700hrs on Monday 28th August 2023. Details of the scope of services, deliverables, required qualifications, experience and competences can be accessed through the same portal. You will receive a notification in your email if your applicotion has been successfully received. In the event that you are selected as a candidate for the job, it will be a requirement to provide certified copies of academic documents prior to appointment.

Please note:

1) All applicants that had previously applied for any of the positions should reapply.

2) URA Staff SACCO strives for inclusion and diversity and therefore considers all job applicants based on merit. We are an equol opportunity employer committed to having diverse workforce and do not ask for money at any stage of recruitment. Any form of lobbying shall lead to disqualification.

3) Only shortlisted candidates shall be contacted.

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