Role Summary

This position is responsible for keeping up-to-date financial records and bank reconciliations while updating & safeguarding company assets.

Key Responsibilities

• Daily maintenance and updating of cash book
• Ensure all banks, Agency Banking, ATM and investment accounts are reconciled on a daily basis
• Confirm receipts and payments against the bank statement
• To surrender end of day cashier reconciliation alongside payment and deposit vouchers to the supervisor and get a copy upon signing
• Reconciling payments and receipts at close of business, or as and when required; declaring any overage/shortage notice and updating the Supervisor on any abnormal transaction
• Identify un cleared and bounced cheques
• Ensure all payments are authorized according to the Internal Control Policy
• Ensure receipts are properly entered in the cash book and properly reconciled with members’ statements thereof
• Ensure receipts and payments are accurately posted in the cash book and the respective vote head
• Check accuracy of deposit slips
• Issue cheques to customers in liaison with the Supervisor after proper authorization
• Ensure proper filing of all receipts and payments
• Ensure the following payments are properly receipted and recorded: loans, interest on loans, deposits, share capital, registration fees & insurance
• Receive and confirm cash from Supervisor against their signatures
• Handle cash that is within insurance limits
• Pay cash to customers with proper documentation and authorization
• Review and disbursement of authorized petty cash requests
• Attending to customer queries concerning their accounts or any other thing pertaining the Sacco
• Advice customers on financial matters
• Give adequate and correct information to customers when required
• Recruit new members
• Filing and maintaining petty cash vouchers
• Marketing Sacco services and products
• Any other lawful duties as assigned by Supervisor

Required Qualifications and working experience:

• Bachelor’s degree in Commerce, Business Administration, or a related field.
• CPA- Part 1
• At least 2 years’ experience in a related field

Skills and Competencies:

• Accounting skills
• Computer skills
• Customer service skills