Kimisitu Sacco is one of the fastest growing Tier-1 Deposit Taking Saccos in the region. The Sacco was registered
in 1985 and is regulated by the SASRA (Sacco Societies Regulatory Authority of Kenya). Over time, the Sacco
has grown its asset base to over Kes.7.6B with membership of 13,000 members drawn from 400 employer
organizations, Corporates and business people. We serve members drawn from all corners of the country, African
continent, and diaspora.
Kimisitu Sacco draws its’ membership from Individuals employed in International Organizations, NGOs,
Embassies and Reputable Organizations. Corporate entities, Investments groups and Chamas also form part our
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 the above position:
Position Summary
The Finance Officer- Payable and Receivables is responsible for the accuracy and completeness of accounts
payables transactions in the financial statements, reconciliation, and processing of payments for the suppliers
and maintenance of the creditors ledger in accordance with the Sacco’s policies and accounting best practices
Main Responsibilities

  • Maintain accounting records of the society and processing the society’s payments.
  • Review and verify invoices and related documents for completeness and accuracy.
  • Prepare payment vouchers in respect of all payments and post transactions to journals, ledgers, and other records for management reporting.
  • Prepare payment schedules and load them to the banking portal.
  • File statutory returns for compliance.
  • Prepare payroll payment vouchers and ensure that all payroll statutory are filed on time.
  • Track expenses and prepare daily expenditure analysis and creditors reports for management action.
  • Analyze and reconcile accounts payable transactions.
  • Maintain an up-to-date filing system for payment for ease of retrieval and reference.
  • Respond to vendor and staff inquiries on payments.
  • Prepare general ledger reconciliations.
  • Assist the Senior Finance Officer- Financials in preparing for audits.
  • Liaise with banks on payments.
  • Manage imprest and petty cash transactions.
  • Respond to queries fromcustomers.
  • Market the Sacco products and services.
  • Carry out annual payment of dividends and ensuring dividend reconciliations.
  • Ensures the insurance of assets as often as purchase is done and quarterly for loans and deposits.
  • Perform any other responsibilities allocated from time to time

Knowledge: Qualifications & Experience

  • Bachelor’s Degree Finance/Accounting
  • A minimum of three (3) years of experience working in a similar position
  • CPA K holder or ACCA, ACA qualifications
  • Registered with ICPAK
  • Computer proficiency in ERP, IFRS

Personal Attributes required for this role:

  • Strong Interpersonal Skills
  • A team player
  • Ability to work with minimum supervision.
  • Excellent written and verbal communication skills
  • Strong attention to detail
  • Strong work ethic and great organization and planning
  • Proactive, Innovative and Dependable

How to Apply
Interested candidates meeting the above requirements should apply  by sending an Application Letter with a detailed Curriculum Vitae (CV) to [email protected]
To be considered for this role your
application must be received by C.O.B on Monday 8th November 2021. Clearly state the subject of the email as
Finance Officer – Payables & Receivables. Only shortlisted candidates will be contacted.
Kimisitu SACCO never asks for money in return for advancement in any recruitment process. If you are
ever asked for a fee, please report to Kimisitu SACCO on 0709 136000 or [email protected]

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