Accountant Job in Nairobi Kenya (KShs 70K - 90K)

Accountant
 

Industry: Financial Services (SACCO)
 

Location: Nairobi
 

Reports To: Operations Manager.
 

Remuneration: 70K - 90K Plus Family Medical Cover, Pension, Allowances
 

Our client is a medium sized Sacco located in Nairobi with membership open to the public. 

A position exists for an accountant. 
 

Duties & Responsibilities
 

Financial reporting

• Preparation of financial statements & reports on regular basis and submit to Treasurer not later than 10th of every month
• Ensure compliance with existing accounting policies formulated by management and international standards accounting policies
• Submit to the Treasurer on a regular basis monthly work plans on specific tasks to be accomplished and provide weekly feedback for monitoring and evaluation as per set deadlines
• Prepare scheduled reports at given frequency for Treasurer/Board review on Projects, membership and cash flow position and projections and Budget status.
• Prepare ad-hoc reports as requested for by the Treasurer within set timelines
• Audit co-ordination
• Co-ordinate the internal and external audit processes, ensuring document availability, information provision and support required.
• Ensuring implementation of audit recommendations within the agreed timelines

Financial transaction processing

• Ensures timely and accurate recording of transactions in the society
• Verify that all updates on the cash book transactions are made correctly on a daily basis
• Posting journal vouchers and transactions into the accounting system
• Verify on daily basis that all society’s funds received  have been banked intact, properly receipted and accurately recorded into the society’s accounting system
• Ensure that all society’s payments are duly authorized, approved and appropriately recorded.
• Up date all registers and schedules on society’s assets.  
• Ensures that all accounting documents are properly filed for reference
• Prepare a report on all journals passed during the month for review by the Treasurer.

Payments

• Receive approved payment vouchers and ensure payments are made as per the approval received and posted into the respective ledger accounts.
• Facilitate society’s payments by raising supporting vouchers and cheques after verification and approval
• Post all society’s payments and ensure adequate documentation, authorization and approval.
• Remittance of Statutory deductions i.e. NHIF, NSSF and PAYE by 10th of every month
• Run a sound internal control system is in place to guard against accounting errors ascertains completeness in records and safeguard assets against avoidable losses.

Reconciliations:

• Prepare on a monthly basis by latest 10th day after end of each month Bank reconciliation statements for the society’s bank accounts
• Reconcile on a monthly basis and compiling schedules of society’s Debtors and creditors accounts for third party transactions by latest 10th day of each month.
• Prepare on daily basis loan disbursement Schedule and reconcile the same with daily computer print outs producing a monthly schedule not later than 3rd of every month.
• Ensure accuracy in postings and distribution of statements not later than 10th after end of every month.
• Coordinate activities of Board by participating  in its meeting on advisory capacity by making recommendations on financial implications on society business plans based on management report analysis on monthly and quarterly basis
• Gives recommendation to management on the need to review the accounting systems in light of the relevant technological changes
• Monitor and report on the stability, capacity, reliability of the Accounting Software
• Any other duties as may be assigned from time to time by the Board

Qualifications & Requirements:

• Bachelor’s degree in business related field
• Qualified professional accounting certification, such as ACCA or CPA
• At least 5 years experience carrying out accounting functions in a busy office
• Good understanding of the internal policies, systems and procedures of the organization.
• Computer literacy skills  and knowledge of accounting systems and packages
• Ability to carry out Financial Analysis, Financial projection and budgeting
• Interpersonal/formal communication (oral and written) skills
• Leadership and Managerial skills
• Planning and organizing skills/ quality orientation

If you are up to the challenge, posses the necessary qualification and experience, please send your CV only quoting the job title on the email subject (Accountant 70-90K) to jobs@corporatestaffing.co.ke   before 13th December 2013

N.B: We do not charge any fee for receiving your CV in our database nor for interviewing

Only candidates short-listed for interview will be contacted.

The Recruiting Manager
Corporate staffing Services
Nabui House, 3rd floor, Westlands

(Behind Unga House)