Forward Sacco | Accountant & Internal Auditor | Nairobi – 2024

Finance and Accounting
  • Finance and Accounting
  • Nairobi

Forward Sacco

Forward Sacco | Accountant & Internal Auditor | Nairobi – 2024

Join Forward Sacco: Your Next Career Destination

Are you a detail-oriented professional with a passion for numbers and a knack for ensuring financial accuracy? Forward Sacco, a regulated non-WDT Sacco, is seeking highly qualified and experienced individuals to join our team as an Accountant and an Internal Auditor.

Why Forward Sacco?

At Forward Sacco, we believe in fostering a collaborative and inclusive work environment where every employee is valued. We are committed to your professional growth and offer numerous opportunities to develop your career in the financial sector.

Benefits of Working with Forward Sacco

  • Competitive Salary: Attractive compensation packages.
  • Professional Development: Opportunities for training and career advancement.
  • Health and Wellness: Comprehensive health insurance plans.
  • Work-Life Balance: Generous paid time off policies.
  • Inclusive Culture: A diverse workplace that values your unique contributions.

About Forward Sacco

Incorporated in November 2010 and regulated by SASRA, Forward Sacco has a strong reputation for providing financial services that empower our members. Our mission is to enhance the financial stability and growth of our members through innovative and reliable services.

The Roles: Accountant and Internal Auditor

1. Accountant

Job Overview

As an Accountant at Forward Sacco, you will play a crucial role in managing financial records, ensuring accuracy, and compliance with regulatory standards. You will be responsible for preparing financial reports, conducting audits, and supporting overall financial management.

Key Responsibilities

  • Maintain accurate financial records and ensure compliance with accounting standards.
  • Prepare and analyze financial statements.
  • Conduct regular audits to ensure financial integrity.
  • Assist in budget preparation and financial planning.
  • Manage accounts payable and receivable.
  • Ensure timely and accurate tax filings.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field.
  • CPA (K) or equivalent certification.
  • Minimum of 3 years of accounting experience, preferably in the financial sector.
  • Proficient in accounting software and MS Office Suite.
  • Strong analytical and problem-solving skills.
  • Excellent attention to detail and organizational skills.

2. Internal Auditor

Job Overview

The Internal Auditor will be responsible for conducting internal audits, evaluating risks, and ensuring compliance with internal policies and external regulations. This role is essential for maintaining the financial health and integrity of Forward Sacco.

Key Responsibilities

  • Plan and execute internal audits to assess risk management, control, and governance processes.
  • Evaluate the effectiveness of internal controls and recommend improvements.
  • Prepare detailed audit reports with findings and recommendations.
  • Monitor compliance with regulatory requirements.
  • Assist in the development and implementation of audit plans.
  • Conduct follow-up audits to ensure corrective actions are implemented.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field.
  • Certified Internal Auditor (CIA) or equivalent certification.
  • Minimum of 3 years of internal auditing experience.
  • Strong knowledge of auditing standards and procedures.
  • Excellent analytical and critical thinking skills.
  • Proficient in audit management software and MS Office Suite.
  • Strong ethical standards and high levels of integrity.

How to Apply

Interested candidates should submit their applications, including a detailed CV, cover letter, and copies of academic and professional certificates, to the Board of Directors at Forward Travellers Sacco by 5th June 2024. Applications can be sent via email to info@forwardsacco.co.ke or by mail to PO Box 1272-00518 Nairobi.

Join Forward Sacco Today

At Forward Sacco, we are committed to attracting and retaining the best talent from diverse backgrounds. We offer a supportive work environment where you can thrive and grow your career.


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SAMPLE COVER LETTER FOR AN ACCOUNTANT


[Your Name]
[Your Address]
[City, State, Zip Code]
[Your Email]
[Your Phone Number]
[Date]

Board of Directors
Forward Travellers Sacco
PO Box 1272-00518
Nairobi
info@forwardsacco.co.ke

Dear Hiring Committee,

I am writing to express my interest in the Accountant position at Forward Sacco as advertised. With a Bachelor’s degree in Accounting, CPA (K) certification, and over five years of experience in the financial sector, I am confident in my ability to contribute effectively to your team.

In my previous role at [Previous Company], I successfully managed financial records, conducted audits, and prepared comprehensive financial reports. My attention to detail and strong analytical skills have been key in ensuring compliance with accounting standards and regulatory requirements.

Forward Sacco’s commitment to empowering its members through innovative financial services aligns with my professional values and aspirations. I am excited about the opportunity to bring my expertise to your esteemed organization and contribute to its continued success.

Thank you for considering my application. I look forward to the opportunity to discuss how my background, skills, and certifications can be of value to Forward Sacco.

Sincerely,

[Your Name]

HOW TO BE A SUCCESSFUL APPLICANT FOR THE ACCOUNTANT ROLE

  1. Tailor Your Resume: Customize your resume to highlight relevant skills and experience.
  2. Highlight Certifications: Emphasize any accounting certifications such as CPA (K).
  3. Showcase Analytical Skills: Provide examples of your analytical and problem-solving abilities.
  4. Detail Your Experience: Include specific details about your past accounting roles and responsibilities.
  5. Prepare for Interviews: Research common accounting interview questions and practice your responses.
  6. Understand the Company: Learn about Forward Sacco’s mission, values, and services.
  7. Be Professional: Maintain a professional demeanor in all communications.
  8. Provide References: Have professional references ready who can speak to your qualifications.
  9. Follow Application Instructions: Ensure your application is complete and submitted on time.
  10. Be Persistent: Follow up after submitting your application to express continued interest.

Possible Accountant Interview Questions With Answers

  1. Tell us about your experience with financial reporting.

    Answer: “In my previous role, I was responsible for preparing monthly, quarterly, and annual financial statements. I ensured all reports were accurate and complied with GAAP standards. For example, I identified discrepancies in the financial data and corrected them, resulting in more accurate financial reports.”

  2. How do you ensure accuracy in your work?

    Answer: “I double-check my work and use accounting software to minimize errors. I also review previous reports to identify and correct any inconsistencies.”

  3. Describe a time when you identified a financial discrepancy.

    Answer: “While reconciling accounts, I noticed a significant discrepancy in the inventory records. I investigated and found an error in the data entry process. I corrected the entry and implemented a new verification process to prevent future errors.”

  4. How do you stay updated with accounting regulations?

    Answer: “I regularly attend professional development workshops, read industry publications, and participate in webinars offered by accounting organizations.”

  5. What accounting software are you proficient in?

    Answer: “I am proficient in QuickBooks, Sage, and Microsoft Excel. I have also used SAP in my previous job for managing financial transactions.”

  6. How do you manage tight deadlines?

    Answer: “I prioritize tasks, create detailed schedules, and ensure that I have all necessary resources and information ahead of time. Effective time management and clear communication with my team help me meet deadlines consistently.”

  7. Explain how you handle confidential information.

    Answer: “I adhere to strict confidentiality policies and ensure sensitive information is only accessible to authorized personnel. I also use secure software and encryption methods to protect data.”

  8. Describe your experience with audit processes.

    Answer: “I have conducted internal audits to ensure compliance with company policies and regulatory requirements. I have also assisted external auditors by providing necessary documentation and explaining financial data.”

  9. How do you handle difficult financial situations?

    Answer: “I stay calm and analyze the situation to identify the root cause. I then develop a plan to address the issue and communicate transparently with stakeholders to find a resolution.”

  10. What motivates you in your accounting career?

    Answer: “I am motivated by the challenge of solving financial problems and ensuring accuracy in financial reporting. I also enjoy contributing to the financial health and success of the organization.”


We look forward to welcoming dedicated professionals who are ready to make a difference in our team. Forward Sacco is committed to equal opportunity employment and does not charge any application or recruitment fee.

Join Our Talent Network

Don’t see a fit at this time? Don’t worry. Join our Talent Network and get notified about the latest opportunities.

Best of Luck!

Our website is committed to attracting and retaining the best employees from all races and backgrounds in our continued effort to become a better development partner. Forward Sacco is an equal employer and does not charge any application or recruitment fee.

To apply for this job email your details to info@forwardsacco.co.ke


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