Role Summary
This position is responsible for keeping up-to-date financial records and bank reconciliations while updating & safeguarding company assets.
Key Responsibilities
Daily maintenance and updating of cash book
Ensure all banks, Agency Banking, ATM and investment accounts are reconciled on a daily basis
Confirm receipts and payments against the bank statement
To surrender end of day cashier reconciliation alongside payment and deposit vouchers to the supervisor and get a copy upon signing
Reconciling payments and receipts at close of business, or as and when required; declaring any overage/shortage notice and updating the Supervisor on any abnormal transaction
Identify un cleared and bounced cheques
Ensure all payments are authorized according to the Internal Control Policy
Ensure receipts are properly entered in the cash book and properly reconciled with members' statements thereof
Ensure receipts and payments are accurately posted in the cash book and the respective vote head
Check accuracy of deposit slips
Issue cheques to customers in liaison with the Supervisor after proper authorization
Ensure proper filing of all receipts and payments
Ensure the following payments are properly receipted and recorded: loans, interest on loans, deposits, share capital, registration fees & insurance
Receive and confirm cash from Supervisor against their signatures
Handle cash that is within insurance limits
Pay cash to customers with proper documentation and authorization
Review and disbursement of authorized petty cash requests
Attending to customer queries concerning their accounts or any other thing pertaining the Sacco
Advice customers on financial matters
Give adequate and correct information to customers when required
Recruit new members
Filing and maintaining petty cash vouchers
Marketing Sacco services and products
Any other lawful duties as assigned by Supervisor
Required Qualifications and working experience:
Bachelor's degree in Commerce, Business Administration, or a related field.
CPA- Part 1
At least 2 years' experience in a related field
Skills and Competencies:
Accounting skills
Computer skills
Customer service skills