Accountant Job at TRA Saccos Ltd

Accountant Job at TRA Saccos Ltd… See details on how to apply for the opportunities available at TRA Saccos Ltd.

Description;

TRA SACCOS LTD is a registered Savings and Credit Co-operative Society whose main objective is to mobilize savings from members and in return provide credit facilities. TRA SACCOS LTD is an employee-based SACCOS which was established under the current governing Co-operative Societies Act No. 20 of 2003 in 2006 and Licensed as Class B under Microfinance Act No. 10 of 2018 in 2021. Other objectives of the SACCOS are to encourage thrift among its members by educating members on the advantages of developing a savings behavior, through proper investment best practices aimed at improving the social and economic conditions of its members. This is achieved by offering members complementary savings schemes, credit facilities and other financial products as may be required by the members from time to time.

RESPONSIBILITIES:

• Ensuring all contributions from members are collected and properly reconciled on monthly basis
• Ensure capturing of all member changes in contributions deductions and en­sure follow-up is made to the missing contributions.
• Ensuring monthly members contribution deductions are timely submitted to payroll section
• Preparing and posting all recovery file and process demand for loans and con­tributions into the E-banker system (Core Banking system).
• Preparing departmental monthly financial report
• Handling corrections and adjustments regarding deductions from members
• Sorting out all complains from members concerning contributions and remit­tances.
• Preparing and entering TRA SACCOS monthly financial report in the Coopera­tive Supervision Management Information system (CSMIS).
• Preparing and entering into the system the Annual budget for utilization and monitoring purpose.
• Preparing all payments including Loans disbursements to members, vendor’s / suppliers’ payments, internal arrangement’s facilitation payments, Interest on savings payments, Member’s Meeting payments, Government’s statutory pay­ments e.tc.
• Preparing periodical Cash Flow Projection Report
• Preparing and posting the staff payroll into the system
• Reconciling and Maintaining all cashbooks
• Maintaining fixed asset register
• Ensuring Proper record keeping in Finance department and filling in a system­atic manner.
• Initiating all payment into the system
• Assisting in preparation of financial statement
• Facilitating in audit exercises by providing required documents and responses
• Perform any other duties assigned by the supervisor.

Qualification and Experience:

Holder of Bachelor Degree or Advanced Diploma in one of the following fields; Accoun­tancy, Finance, Commerce or Business Administration majoring in Accountancy or Fi­nance or equivalent qualifications from recognized Institutions plus CPA (T) or ACCA or ACA, or equivalent professional qualifications recognized by NBAA and must be a regis­tered member of NBAA.

Ability to use different Accounting packages/software and experience of at least 2 years in the related field will be an added advantage

METHOD OF APPLICATION

Applications must be sent electronically through the following email:[email protected].

Application Deadline: 21st June 2023.