Accountant at Sheria DT Sacco

Job Description

Sheria DT Sacco wishes to recruit an Accountant. Reporting to the Head of Finance, the Accountant will be responsible for performing timely reconciliations, investigating discrepancies, resolving posting errors, maintaining accurate reconciliation schedules, and supporting audit readiness across key financial control accounts.

Employment Terms

• Term of Service: Permanent and Pensionable
• Entry Grade: SG6 of Sheria DT Sacco
• Basic Salary: Ksh. 44,489.25 to 77,755.25
• House Allowance: Ksh. 19,300
• Commuter Allowance: Ksh. 10,000
• Annual Leave: 30 working days
• All Other Leaves: As per the current HR Policy
• Location: Head Office, Upper Hill, Nairobi

Other Benefits

• Medical cover for all staff
• Group Life Assurance Cover for staff
• WIBA Cover for staff
• Annual staff training based on Training Needs Assessments (TNAs)

Key Responsibilities

• Perform daily, weekly and monthly reconciliations of FOSA/BOSA accounts, core banking system transactions, M-Pesa/Paybill, PesaLink, EFT/RTGS and other applicable payment channels.
• Investigate and resolve reconciliation breaks, unallocated funds, out of balance conditions and posting errors through appropriate follow up and corrective entries.
• Liaise with internal departments, vendors, members and payment service providers to resolve transactional disputes, outstanding items and payment queries.
• Prepare high quality reconciliation summaries, month end close reports and audit ready documentation for review by the Finance team and external auditors.
• Maintain strict confidentiality and appropriate handling of all sensitive financial data and records.
• Proactively flag recurring discrepancies, control weaknesses or systemic process gaps to the Head of Finance for further action.
• Support internal and external audit cycles by providing accurate, well organized reconciliation schedules and supporting evidence.

Qualifications, Experience and Competencies

• Bachelor’s Degree in Accounting, Finance, Commerce (Accounts option) or a related field from a recognised institution.
• CPA K qualification, Section 6.
• At least three (3) years of hands on experience in bookkeeping, general ledger accounting or high volume financial reconciliation, in a similar reconciliation focused role.
• Proficiency in ERP systems such as SAP, Oracle or equivalent, and advanced Microsoft Excel, especially with core banking systems or financial management systems. Experience in a SACCO or regulated financial institution is preferred.
• Solid understanding of double entry bookkeeping, general ledger principles and financial reconciliation best practices.
• Attention to detail and numerical accuracy, with the ability to independently identify, investigate and correct accounting errors.
• Strong organizational and time management skills, as well as excellent written and verbal communication skills.
• A team player with a strong work ethic, high personal integrity and commitment to delivering accurate financial outputs.