Accountant
Tasks and Responsibilities
- Provide leadership in overall financial management in the preparation of the Sacco’s financial statements, budget formulation and Sacco investment strategy.
- Preparation of timely, consistent and accurate financial statements in accordance with the Sacco’s policies and procedures and statutory reporting.
- Interpretation of financial information to the Board.
- Monitoring cash flows and conducting forecasts that provide guidance to the Sacco in planning and decision-making.
- Initiate and implement sound management policies to ensure accounting processes and procedures are effective, with performance monitoring systems that comply with prudential regulatory standards and risk management strategies.
- Establish good working relations with professionals (bankers, auditors or statutory organizations) and regulators such as SASRA that support growth of a vibrant financial institution.
- Timely submission of regulatory reports
- Update the Sacco Board and management on changes in legislation or regulations that may affect business operations.
- Overseeing Human Resource management and development
- Organizing all Board and subcommittee meetings, AGMs and SGMs, supervisory and joint
meetings as well as any other special or impromptu meetings - Keeping minutes of all general meetings and meetings of the Board of Directors
- Performing such other duties as may be directed by the Board of Directors
Minimum Qualifications and Attributes
- A Bachelor’s Degree in Finance or related field preferably Bcom or BBM/ (Finance and Accounting) option
- A professional accounting qualification CPA K or ACCA
- Diploma in Cooperative Management will be an added advantage
- 5-7 years’ experience in Financial Management in a financial institution.
- Preferably a member in good standing with ICPAK or equivalent professional body.
- Sound knowledge of Banking and Sacco laws and regulations
- A person of integrity, team player with effective communication skills
- Strategic thinker with good commercial judgement and ability to identify economic opportunities in changing environment and capitalize on them
- Sound judgement and decision-making ability on lending across all sectors
- Customer-focused – striking a solid balance between external and internal customer orientation.
- Excellent leadership, interpersonal and team management skills
Method of Application
Interested and qualified? Go to Co-operative Bank of Kenya on forms.office.com to apply
