Job purpose:

The FOSA Accountant 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.

Key Responsibilities:

• Verify all accounts opened, facilitate accounts to be closed and forward for authorization to the FOSA Manager
• Issue and receive cash and mobile money float to & from tellers
• Open and close FOSA accounts.
• Verify/approve FOSA loans and advances and forward the same to FOSA Manager
• Verify and approve mobile banking activations and PIN resets
• Verify all FOSA payments
• Ensure proper and up-to-date reconciliation of all cash and bank transactions
• Daily verification of members' cash deposits and withdrawal vouchers
• Establish owners of all direct credits in FOSA bank accounts and advise tellers accordingly
• Effective & efficient supervision of tellers
• Reverse erroneous Teller’s transactions/ reversing of bounced cheques as approved and inform members accordingly.
• Liaise with FOSA key partners e.g. banks, suppliers
• Regularly monitor and facilitate reconciliation of mobile banking operations
• Generate all FOSA reports and forward to FOSA Manager when due
• Forward bankers cheques issued to the 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 flow
• Perform any other duties assigned from time to time.

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 & powerpoint
• 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

• Verify all accounts opened, facilitate accounts to be closed and forward for authorization to the FOSA Manager
• Issue and receive cash and mobile money float to & from tellers
• Open and close FOSA accounts.
• Verify/approve FOSA loans and advances and forward the same to FOSA Manager
• Verify and approve mobile banking activations and PIN resets
• Verify all FOSA payments
• Ensure proper and up-to-date reconciliation of all cash and bank transactions
• Daily verification of members' cash deposits and withdrawal vouchers
• Establish owners of all direct credits in FOSA bank accounts and advise tellers accordingly
• Effective & efficient supervision of tellers
• Reverse erroneous Teller’s transactions/ reversing of bounced cheques as approved and inform members accordingly.
• Liaise with FOSA key partners e.g. banks, suppliers
• Regularly monitor and facilitate reconciliation of mobile banking operations
• Generate all FOSA reports and forward to FOSA Manager when due
• Forward bankers cheques issued to the 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 flow
• Perform any other duties assigned from time to time.

• Proficient in MS Office, Excel & power point
• Proficient in using ERP software.
• Good communication and interpersonal skills.
• Excellent analytical and reporting skills
• Excellent problem-solving and decision-making skills
• Attentive to details

• A bachelor’s degree in accounting or its equivalent
• CPA (K) and a registered member of ICPAK in good standing