The Finance Officer assists the Financial Accountant in management of the General Ledger, reconciliation of accounts and expenses.
KEY RESPONSIBILITIES
Vendors management- invoicing, payment processing and reconciliation.
Member receipts processing- bank postings on a daily basis
General journals processing
Bank reconciliations
Processing end month journals-accruals, provisions, prepayments
Posting commission journals from banks to members
Prepare audit schedules
Verifications of loans for disbursement on a daily basis
Online filing of KRA and other statutory returns (Withholding tax/PAYE/VAT/NSSF/NHIF/Excise duty/NHIF etc
Online filing of SASRA /Unclaimed Financial Assets Authority/ Financial Reporting Center and other regulatory returns
Fixed assets management
Investments management
Knowledge in preparation of management accounts
Posting member journals i.e. FOSA transfers dividend transfers
Reconciliation of member accounts
Reconciliation of G/L accounts
Makes a major contribution to the Sacco's initiatives and participate on corporate projects
Prepares timely departmental performance reports
Petty cash maintenance
Annual processing of dividends and interest on deposits
Filing of finance documents originating from my desk
Performs any other duties as assigned from time to time
KNOWLEDGE, SKILLS AND EXPERIENCE
Experience
2 years' experience in a busy finance/ accounting office
Academic Qualification
Bachelor's degree in accounting, Finance or business-related degree
Professional Qualification
CPA(K), ACCA or related
Technical Skills
Knowledge of accounting packages. Experience in Business Central Microsoft dynamics will be an added advantage
Excellent analytical skills, planning, organizational skills, and numerical skills
Report writing
General Skills
Communication
Advanced MS Excel skills
Knowledge of financial and tax regulations
High level of integrity and accountability, flexible approaches to work coupled with enthusiasm and commitment
Strong ethics, with an ability to manage confidential data
Able to work under minimal supervision, be proactive, initiative and with sound judgment.
High level of accuracy, attention to detail and thoroughness
Creative thinking and problem-solving skills.