Senior FOSA Accountant

Sheria DT Sacco is seeking a skilled and detail-oriented Senior FOSA Accountant for a permanent and pensionable position at entry grade SG5. This role is based in Upper Hill, Nairobi, and offers a comprehensive benefits package including medical cover, group life assurance, WIBA cover, and annual training. The successful candidate will contribute to the financial accuracy and operational efficiency of the FOSA department.

1. Prepare and analyze monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements, ensuring accuracy and adherence to standards.
2. Manage general ledger functions, post and review journal entries, and promptly investigate and resolve any account discrepancies.
3. Perform cash balancing, vault, and teller reconciliations, generate cash difference reports, process transaction reversals, and monitor exceptions within established segregation of duties.
4. Coordinate with internal and external auditors, prepare comprehensive audit files, and support tax compliance processes.
5. Assist the FOSA Manager with financial forecasting, budget variance analysis, and monitoring departmental budgets.
6. Supervise, train, and appraise junior accountants and clerical staff, ensuring high-quality output and continuous professional development.
7. Evaluate and improve accounting procedures to strengthen internal controls and enhance operational efficiency within the FOSA department.
8. Ensure strict adherence to applicable IFRS, SASRA requirements, and the Society’s accounting policies.
9. Prepare periodic management reports and reconciliation schedules for review by the FOSA Manager and senior management.

1. Hold a Bachelor’s degree in a business-related field with a specialization in Accounting or Finance from a recognized university.
2. Possess a CPA K qualification.
3. Have at least three (3) years of progressive accounting experience in a similar role, preferably within a SACCO, microfinance institution, or regulated financial environment.
4. Be proficient in Microsoft Excel and have working knowledge of ERP or accounting software such as SAP, Oracle, QuickBooks, or equivalent SACCO banking systems.
5. Demonstrate knowledge of GAAP and financial statement preparation, including month-end and year-end closing processes.
6. Exhibit strong analytical thinking and numerical accuracy, with a keen eye for detail.
7. Possess effective supervisory and mentoring skills, excellent written and verbal communication skills, and a high level of professional integrity and reliability.