Sacco Senior Accountant (REF: SA/08/23) – Join Our Growing Team!

Full Time

Co-operative Bank of Kenya

Sacco Senior Accountant (REF: SA/08/23) – Join Our Growing Team!

Job Opportunity: Senior Accountant with Non-Deposit Taking Sacco in Nairobi

Are you a skilled finance professional with a passion for driving growth? Our client, a reputable Non-Deposit Taking Sacco regulated by SASRA, is looking for a dedicated and qualified Senior Accountant to contribute to their expansion plans. If you’re ready to take on a pivotal role in managing FOSA operations, ensuring compliance, and fostering customer satisfaction, we encourage you to apply!

Position: Senior Accountant (REF: SA/08/23) Location: Nairobi, Kenya Type: Contract – Two (2) Years Application Deadline: August 28, 2023

Role Overview

As the Senior Accountant, you’ll report directly to the Finance Manager and play a crucial role in managing the FOSA department. Your responsibilities will encompass a range of financial functions, ensuring operational efficiency, regulatory adherence, and excellence in customer service.


Efficient Department Management

  • Supervise FOSA staff and oversee department operations.
  • Coordinate cash collections, ensuring accurate recording and reporting.
  • Design, administer, and interpret FOSA policies and procedures.

Compliance and Financial Integrity

  • Ensure compliance with statutory and regulatory requirements.
  • Prepare and manage departmental budgets for optimal control.
  • Oversee cash payments, treasury management, and accurate transactions.

Product Development and Growth

  • Innovate demand-driven FOSA-related products and services.
  • Manage FOSA loans and advances, driving income growth.

Reporting and Team Leadership

  • Prepare comprehensive FOSA reports and product consumption data.
  • Mentor and guide FOSA staff to achieve strategic goals.

Security and Risk Management

  • Safeguard cash office security and adhere to insurance protocols.
  • Identify irregularities and collaborate on appropriate actions.

Qualifications and Experience

  • Bachelor’s degree in Co-operative Management, Banking, Accounting, Business, or Economics from a recognized University.
  • CPA (K) qualification; ICPAK membership in good standing.
  • ACCA Final (an added advantage).
  • Minimum 5 years’ finance experience in a Deposit-Taking Sacco, with at least 3 years in FOSA management/supervisory role.
  • Familiarity with Co-operative Act, SACCO Act, SASRA requirements, and IFRS.
  • Proficiency in MS Dynamics Navision.

How to Apply

Ready to take the next step? Follow these instructions:

  1. Click on the link below to access the online application form. Apply Now
  2. Complete the form with accurate and up-to-date information.
  3. Submit your application by August 28, 2023 for consideration.

Note: Only shortlisted candidates will be contacted. If you haven’t heard from us by September 15, 2023, please consider your application unsuccessful.

Expert Tips To Be A Successful Applicant

To enhance your application and stand out as a top candidate:

  • Highlight Relevant Experience: Showcase your experience in FOSA operations and compliance management.
  • Quantify Achievements: Provide specific examples of how you’ve driven growth and efficiency.
  • Demonstrate Leadership: Emphasize your leadership skills and experience in supervisory roles.
  • Show Regulatory Knowledge: Discuss your understanding of Co-operative Act, SACCO Act, SASRA regulations, and IFRS.
  • Tech Proficiency: Highlight your familiarity with MS Dynamics Navision.
  • Tailor Your Application: Customize your resume and cover letter to reflect the role’s demands.
  • Submit On Time: Ensure your application is submitted before the deadline.

Join our team and make a meaningful impact on our Sacco’s success. We look forward to reviewing your application!

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