Background

United Winners Savings and Credit Co-operatives Society Ltd (Formerly known as Umoja Wendani Sacco) was registered in 2001 under the Ministry of Industry Trade and Co-operatives. We, as ‘United Winners Sacco, are proud to reaffirm our commitment to all stakeholders. Our name reflects our dedication to unity and success, as we strategically position ourselv...

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

• 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

• Accounting skills
• Computer skills
• Customer service skills

• Bachelor’s degree in Commerce, Business Administration, or a related field.
• CPA- Part 1