Sacco Accountant Job in Nairobi Kenya

Our client, a non-deposit taking medium sized Sacco based in Nairobi with a membership of 1600 is looking for a dynamic and experienced person to fill the vacant position of a Sacco Accountant.


Reporting to the CEO, the position will be based in Nairobi

The Role

The Accountant shall be responsible for overseeing finance and accounting function in the Society:

  • General supervision of Accounts Section staff
  • Preparation of Society final accounts, Trial Balance, Balance sheets etc;
  • Preparation and presentation of annual revenue and capital budgets;
  • Preparation of Economic reports;
  • Ensure safe custody of the Society’s cheque books and other sensitive documents
  • Developing financial management mechanisms;
  • Conducting reviews/evaluations for cost reductions on various vote heads;
  • Managing Sacco’s financial accounting and monitoring systems;
  • To liaise with internal /External Auditors on audit Controls and act on management letters;
  • Producing accurate financial reports;
  • Give a cost benefit analysis on external borrowing for Board of Directors approval;
  • Management of staff payrolls;
  • Keeping abreast of changes in financial regulations and legislation;
  • Ensuring the Society assets and liabilities are recorded correctly and safeguarded;
  • Ensuring the necessary cash reserve is maintained as required by law;
  • Keeping and managing debtors and creditors records;
  • Implementation and review of the Society’s financial accounting policies and procedures;
  • Giving guidance in all financial and accounting matters;
  • Ensuring adequate budgetary controls are in place;
  • Advising and overseeing prudent financial management and investment;
  • Submitting implementation work plans and ensure proper reporting systems are in place;
  • Approving payments made by the Society;
  • Ensuring that accounts and reconciliation are done on a monthly basis and adherence to specific deadlines; and
  • Any other lawful duties that may be assigned from time to time.


Appointment to the position will be made from persons who:

  • Are holders of a Business related degree or its equivalent from a recognised university and CPA (K) or ACCA
  • Bachelor’s Degree and CPA (K) or its equivalent
  • CPA (K) and have satisfactorily served as an Accountant in the Society or a comparable position with similar responsibilities in a Sacco or in like organizations for a minimum period of 3 years.
  • Diploma in Co-operative Management will be an added advantage.
  • Have demonstrated high financial management capability and Investment.
  • Have good knowledge of Information Technology.

Attributes / Skills

  • High financial management capability.
  • Judgment and decision-making ability
  • Strong analytical, financial reporting, and presentation skills with the ability to present complex issues clearly and concisely
  • Accuracy and attention to detail
  • High leadership and administrative capacity
  • Ability to plan and execute tasks with minimal supervision
  • Excellent communication and interpersonal skills.
  • Good IT skills and Proficient in Microsoft office suite

How to apply

  • CLICK HERE to Download the online form (openable with adobe reader)
  • Once you complete, click on the SUBMIT button on the form, follow the simple instructions and send.
  • Must indicate the Job Reference Number on the application form

The form must be submitted by end of 20th November 2017

Accounting and Finance
Updated: November 10, 2017 — 8:17 am