Job Description
Kimisitu Cooperative Savings and Credit Society Ltd ‘the Sacco’ is one of the fastest growing National Tier1 Deposit Taking SACCOs in the region. The Sacco was registered in 1985 and is regulated by SASRA
(Sacco Societies Regulatory Authority of Kenya).
Kimisitu Sacco has an open membership majorly drawn from employees of Non-Governmental Organizations
(NGO), Embassies, International Missions, Government Agencies, Corporates, Businesses, Chamas, and
Investment groups in Kenya and diaspora. We are committed to championing the financial independence of
all our members.
Kimisitu Sacco is seeking to recruit a dynamic, self-driven, and result-oriented individual to join our team in
our fast paced, modern work environment, to fill in the above position:
Position Summary
You will be responsible for the management of all FOSA Operations - Cash, Credit and Channels
in accordance with Sacco policies and regulations while meeting member needs and expectations
Main Responsibilities
• Verify all accounts opened, facilitate accounts to be closed and forward for authorization to
FOSA Manager
• Issue and receive of cash and mobile money float to & from tellers
• Open and close of FOSA accounts.
• Approve/ verify FOSA loans and advances and forward the same to FOSA Manager
• Verify all FOSA payments
• Ensure proper and up to date reconciliation of all cash and bank transactions
• Daily verification of members cash deposits and withdrawals vouchers
• Establish owners of all direct credits in FOSA bank accounts and advise tellers accordingly
• Effective & efficient supervision of tellers
• Reverse erroneous Tellers transactions/ reversing of bounced cheques as approved and
inform members accordingly.
• Liaise with FOSA key partners e.g. banks, suppliers
• Regular monitor and facilitate reconciliation of mobile banking operations
• Generate all FOSA reports and forward to FOSA Manager when due
• Forward bankers cheques issue to Bank via email
• Generate FOSA overdraft and communicate to the account holders
• Clear members and non-members cheques
• Reconcile ATM and PINS issued
• Post transactions to member’s accounts as appropriately authorized by the FOSA Manager
through vouchers or other instruments.
• Supervise all transactions and ensure sufficient cash flows
• Perform any other responsibility as assigned.
Knowledge: Qualifications & Experience
• A bachelor’s degree in accounting or its equivalent
• Minimum four (4) years’ proven relevant experience in a similar role working in a financial
institution.
• CPA (K) and a registered member of ICPAK in good standing
• Proficient in MS Office, excel & power point
• Proficient in using ERP software.
Personal Attributes required for this role:
• A person of integrity
• Good communication and interpersonal skills.
• Excellent analytical and reporting skills
• Excellent problem solving and decision-making skills
• Attentive to details.
Key Relationships:
Direct Reports to this Role:
• None
Internal Contacts:
• All departments
External Contac