Job Detail

Job Description

Job Summary
Responsible for ensuring that financial information is presented in accordance with International Financial Reporting Standards (IFRS). The job holder will also be expected to provide effective and efficient co-ordination of Member Management issues through the development and implementation of sound internal control procedures in accordance with regulations, standards and Sacco policies and procedures.

Key Tasks and Responsibilities

• Ensures budgetary control through maintaining and managing the vote book of the Sacco.
• Facilitates timely payments to suppliers, staff and the Board.
• Posts transactions in the general ledger, cash book and other subsidiary ledgers.
• Prepares bank/accounts reconciliations and follow up on the outstanding items.
• Tracks the utilization of capital and operational expenditure against the approved budget and report on the same.
• Monitors monthly revenues and expenses and where applicable ensure that they are accrued or posted in the correct accounting period.
• Prepares draft financial reports and statements in conformance with the applicable
• International Financial Reporting Standards and Generally Acceptable Accounting Principles.
• Confirms the accuracy and completeness of accounts receivable and reporting on the same as appropriate.
• Prepares and remits various taxes to Kenya Revenue Authority and prepare the annual tax deductions returns and furnish staff and Management as appropriate.
• Maintains and regularly updates the fixed asset and investment registers.
• Maintains staff imprest and advance ledgers.
• Performs any other duties as may be assigned from time to time.

PERSON SPECIFICATIONS
Academic Qualifications

• Bachelor’s degree in business related Field.
• A professional accounting qualification Certified Public Accountants (CPA II), Association of Certified Chartered Accountants or any other relevant professional accounting qualification.

Experience

• A minimum of Three (3) years’ experience in Finance and/or Accounting

Knowledge, Skills and Attributes

• Communication and interpersonal skills.
• Decision making.
• Analytical risk assessment skills.
• Stakeholder management.
• Ability to write complex reports.

Key Result Areas

• Technical skills.
• Ability to communicate.
• Report writing skills.
• Numeric skills.

Key Result Areas

• Submission of accurate, timely and relevant reports.
• Efficient execution of work processes as assigned.

Qualified applicants should apply on or before 5pm on Sunday, 8th October 2023 using the link provided in the Website. Only Shortlisted Candidates will be contacted.

To Apply:
https://www.stima-sacco.com/wp-content/uploads/Accounts-Assistant-Advert-2.pdf