KUSCCO Limited – Accountant.

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Main duties & responsibilities

  • Control all the society’s cash transactions
  • Ensure all cash transactions involving the cooperative expenditure are properly authorized
  • Ensure timely and accurate recording of transactions in the society
  • Ensure that a sound internal control system is in p[lace to guard against accounting errors, ascertain completeness in records and safeguard the Sacco’s assets against avoidable losses.
  • Ensure all reconciliations are done within the set deadlines. Bank and Mpesa account. Loans, Deposits and shares accounts.
  • Prepare monthly economic performance report for the CEO
  • Preparation of quarterly and final financial reports – Comprehensive income and expenditure, financial position, Changes in equity, cash flow statement, trial balance. SASRA reports- Capital adequacy, Liquidity and Return on investment.
  • Liaison with both internal and external auditors on audit controls and act on management letters and closure of all audit queries.
  • Prepare the society’s annual budget in liaison with the administration and finance committee.
  • Preparation of cash flow projections, budgetary controls and monthly financial management report.
  • Management of staff payroll
  • Supervision of all accounting staff
  • Filling of statutory returns on time
  • Providing guidance to the finance committee on prudent financial management, investment and accounting matters.
  • Submitting implementation work plans and ensure proper reporting systems are in place
  • Ensure compliance with the existing accounting policies formulated by management. International standard accounting practices and regulatory bodies
  • Responsible for the CEO for drawing all cheques and making payments through EFT and keeps custody of cheque books.
  • Receive, verify and bank cheques for payment of members
  • Maintains adequate capital and liquidity reserve in accordance with rules and regulations
  • Report immediately in writing to the CEO irregularities such as :
  1. Forgery
  2. Theft
  • Misappropriation
  1. Staff misconduct
  2. Misbehavior
  • Any other duties as may be assigned by the CEO

Qualifications and personal attributes

  • A Bachelor’s Degree in relevant field
  • CPA III or it’s equivalent
  • At least 3 Years of experience
  • Advanced computer skills
  • Strong analytical skills, excellent communication
  • Certificate of good conduct

Interested candidates should apply by filling the link https://forms.gle/2f2R6CBnoir92Ssf9 and sending their applications (via email to recruitment@kuscco.com by 28th December,2021. Only qualified candidates will be shortlisted. Canvassing will lead to immediate disqualification.





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