-
Senior Accountant at
1 week ago
Co-operative Bank of Kenya Nairobi, Kenya Full timeThe Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. · SENIOR ACCOUN ...
-
FOSA Teller at
1 week ago
Kimisitu Sacco Nairobi, Kenya Full timeKimisitu Sacco was formed in March 1985 by a group of Staff from ICRAF. The society was formed mainly to promote thrift among its members by affording them an opportunity for accumulating their savings; and to thereby create a source of funds from which loans can be made to them ...
FOSA Accountant at - Nairobi, Kenya - Kimisitu Sacco
Description
Kimisitu Sacco was formed in March 1985 by a group of Staff from ICRAF.The society was formed mainly to promote thrift among its members by affording them an opportunity for accumulating their savings; and to thereby create a source of funds from which loans can be made to them exclusively for provident and productive purposes, at fair and reasonable rates of interest; thereby enabling them to use and control their money for their mutual benefit.
The Sacco's founder members were:
Dennis Wambugu (Chairman), Jane Waweru (Secretary), Simon Kanani, James Wahome Charity Kanyeki and Fred Gitau.
Position Summary
You will be responsible for the management of all FOSA Operations - Cash, Credit and Channels in accordance with Sacco policies and regulations while meeting member needs and expectations
Main Responsibilities
Verify all accounts opened, facilitate accounts to be closed and forward for authorization to FOSA Manager
Issue and receive of cash and mobile money float to & from tellers
Open and close of FOSA accounts.
Approve/ verify FOSA loans and advances and forward the same to FOSA Manager
Verify all FOSA payments
Ensure proper and up to date reconciliation of all cash and bank transactions
Daily verification of members cash deposits and withdrawals vouchers
Establish owners of all direct credits in FOSA bank accounts and advise tellers accordingly
Effective & efficient supervision of tellers
Reverse erroneous Tellers transactions/ reversing of bounced cheques as approved and inform members accordingly.
Liaise with FOSA key partners e.g. banks, suppliers
Regular monitor and facilitate reconciliation of mobile banking operations
Generate all FOSA reports and forward to FOSA Manager when due
Forward bankers cheques issue to Bank via email
Generate FOSA overdraft and communicate to the account holders
Clear members and non-members cheques
Reconcile ATM and PINS issued
Post transactions to member's accounts as appropriately authorized by the FOSA Manager through vouchers or other instruments.
Supervise all transactions and ensure sufficient cash flows
Perform any other responsibility as assigned.
Requirements
Knowledge:
Qualifications & Experience
A bachelor's degree in accounting or its equivalent
Minimum four (4) years' proven relevant experience in a similar role working in a financial institution.
CPA (K) and a registered member of ICPAK in good standing
Proficient in MS Office, excel & power point
Proficient in using ERP software.
Personal Attributes required for this role:
A person of integrity
Good communication and interpersonal skills.
Excellent analytical and reporting skills
Excellent problem solving and decision-making skills
Attentive to details.
Key Relationships:
Direct Reports to this Role:
None
Internal Contacts:
All departments
External Contacts:
Members