Financial Jobs in Sacco

A leading Savings and Credit Co-operative Society is seeking to engage a high calibre, dynamic and result oriented individuals to spearhead the growth strategies leading to attainment of set objectives in the following positions;


Internal Auditor
Reference number ACO IA-1

Reporting to the Audit Committee of the Board of Directors, the successful candidate will be responsible for the following duties;

·       Carry out risk and management analysis within the Society

·       Appraise the Society’s compliance to the laid down internal Controls and procedures, statutory requirements and Stakeholder regulations

·       Assess adequacy of internal operations procedures and advise the management accordingly.

·       Perform financial and other audits, prepare periodic audit reports as per plans and duties as directed by the Board.

·       Liaise with External Auditors in all audits

Qualifications Required:

The successful candidate will possess the following qualifications:

·       Bachelor of Commerce degree or a Business related degree from a recognized university.

·       CPA(K) or ACCA

·       Member of the Institute of Certified Public Accountants of Kenya

·       CISA qualifications will have an added advantage

·       Minimum 2 years experience in a busy computerized deposit taking business

·       Proficiency in Computer applications especially in accounting packages and Systems.

·       Superior Knowledge of the regulatory framework of the Co-operative Sector and Internal Auditing Standards

·       Age 25-35 years of Age

FOSA Supervisor
Reference number ACO-FS 1

Reporting to the Manager

Duties and Responsibilities

·       Plans, organizes and co-ordinates activities in the FOSA and ensures sufficient economical operations and proper efficient service to the members

·       Ensure proper operation procedures are adhered to.

·       Ensures safe custody of all FOSA Assets

·       Handle customer queries `

·       Plays the role of a public relations officer in the FOSA

·       Assign duties to all FOSA staff, direct and control as necessary.

·       Supervise the preparation of daily and monthly reconciliation, monthly trial balances, monthly and quarterly reports on reconciliation and development of savings, loans, debts, liquidity reserve, gross interest margin and proper action on such information

·       Ensures safe custody of cash and other assets

·       Ensures that yearly budgets are prepared in good time.

·       Forecast and make requisition for expected daily cash withdrawals based on demand for the FOSA

Minimum Qualifications

·       Degree in relevant field/Diploma in Banking or Co-operative Management.

·       CPA at least Part 2 or related professional qualification.

·       Computer proficiency in computer application, especially in accounting packages and systems.

·       Knowledge of FOSA Operations is must.

·       Knowledge of operation of various Sacco software systems an added advantage.

·       At least 2 years experience in a similar capacity or banking experience.

·       Between 25-35 years of age.

To Apply:

Interested candidates for these positions should drop their application to ACO SACCO Office, Job’s Box situated at KAA HQS Complex Building (JKIA).

The envelope must include, a cover letter, detailed CV with current and expected salary, together with copies of certificates quoting the Job Reference number on the letter and envelope, by Friday, 3rd June 2011, addressed to:

The Head,
Co-operative Consultancy Services
P.O. Box 48231-00100 Nairobi, Kenya

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