Fosa Accountant

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 & 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