Key Duties & Responsibilities
Accounting & Bookkeeping
Prepare accurate and timely financial statements, budgets, and SASRA reports.
Maintain the general ledger and post all financial transactions correctly.
Handle daily bookkeeping and ensure accurate data entry into the accounting system.
Manage and reconcile all bank and M-Pesa accounts on a monthly basis.
Financial Management & Reporting
Prepare monthly, quarterly, and annual management reports for decision-making.
Monitor cash flows, loans, and fund utilization to support efficient operations.
Support budget preparation and financial forecasts in collaboration with management.
Analyze variances and advise management on corrective actions.
Compliance & Controls
Ensure full compliance with SASRA, KRA, and Sacco Societies Act reporting requirements.
Prepare and file statutory returns, including VAT, PAYE, NSSF, and NHIF, accurately and on time.
Support internal and external audits and implement control improvements as advised.
Maintain proper documentation and records in line with regulatory and internal audit standards.
Payroll & Member Accounts
Process payroll accurately and ensure timely statutory deductions and remittances.
Maintain accurate member records, loan accounts, and savings accounts.
Support reconciliation of member contributions and disbursements to ensure accuracy.
Other Responsibilities
Assist in policy implementation and recommend financial best practices.
Provide input for system upgrades or automation of financial processes.
Perform any other duties assigned by the Finance Manager from time to time.
Qualifications & Experience
CPA (K) qualification (mandatory).
Diploma or Degree in Accounting, Finance, Business Administration, or Co-operative Management (preferred).
Minimum of 2 years' experience in accounting, preferably within a SACCO or financial institution.
Proficiency in ERP systems, Microsoft Excel, and accounting software.
Understanding of Sacco policies, procedures, and regulatory frameworks.