The Sacco Accountant prepares financial records and manages statutory remittances, requiring a Bachelor’s in Accounting/Finance/Business, CPA(K) qualification, 4+ years financial institution experience, and 2+ years accounting experience. Full-time role in South-Eastern Kenya.
REF: CBI/ACC/2026
Our client, a Non-Deposit-Taking SACCO regulated by
the Sacco Societies Regulatory Authority (SASRA) and based in South-Eastern
Kenya, seeks to fill the position of Sacco Accountant.
Job Purpose
The primary purpose of the position is to prepare and
examine financial records, ensure their accuracy and ensure that all statutory
deductions are remitted promptly and correctly. The role holder will also
ensure timely and accurate financial reporting and member account updates, and
that all bookkeeping and accounting work is performed meticulously.
Duties
and Responsibilities
The key duties shall include:
Oversee
the SACCO’s finance and accounting function.
Ensure
timely and accurate preparation and presentation of monthly, quarterly and
annual financial statements, management accounts and Board reports in
compliance with IFRS standards.
Oversee
the preparation of accurate and timely financial statements and management
reports.
Lead the
annual budgeting and planning process; review all financial plans and budgets;
monitor progress; forecast and report on financial performance to senior
management promptly.
Develop
and implement the SACCO’s financial strategy, ensuring alignment with its
strategic goals, and provide strategic financial advice to the CEO and the
Board.
Ensure
full compliance with all applicable laws and regulations, including the
Co-operative Societies Act, Sacco Societies Act, regulations and guidelines,
KRA tax requirements and regulations, and other statutory requirements.
Manage
the SACCO’s cash flow, treasury forecasting and liquidity to ensure adequate
funding and optimise the use of financial resources.
Establish
and maintain robust financial internal control and risk management systems and
accountability frameworks to safeguard assets.
Manage
payroll.
Coordinate
external and internal audit processes and the implementation of audit
recommendations.
Monitor
financial performance and recommend corrective actions where necessary.
Conduct
reviews and evaluations to identify cost reductions across various vote heads.
Drive
professional development, performance appraisals and staff training.
Keep
abreast of changes in financial regulations and legislation.
Support
digital transformation and automation of finance processes.
Qualifications
The candidate should have:
A
bachelor’s degree in Accounting, Finance, Business Administration, Economics,
Agribusiness or another business-related field, or its equivalent, from a
recognised university.
A
Certified Public Accountant of Kenya (CPA(K)) qualification or its equivalent.
At least
four (4) years of practical experience in a financial institution, including at
least two (2) years in an accounting or finance function.
A diploma
in Co-operative Management and/or experience in management information systems,
preferably Microsoft Navision or Microsoft Dynamics 365 Business Central, will
be an added advantage.
How
to Apply
Interested and qualified applicants should complete
and submit the online application form by Friday, 27 November 2026. Applications received after
the closing date will not be accepted.
