Job Summary

The Senior Finance Officer is responsible for overseeing the SACCO’s financial operations, ensuring accurate financial reporting, compliance with accounting standards, effective budget management, liquidity monitoring, and strengthening internal controls. The role supports management in strategic financial decision-making while safeguarding members’ funds and ensuring regulatory compliance. 

Job Requirements

Education:

• Bachelor’s Degree in Accounting, Finance, Economics, or with related field of study

Experience:

• Minimum of 5 years of relevant experience in finance, accounting, or SACCO operations, with at least 2 years in a supervisory role.

• Experience with accounting and advanced Microsoft Excel skills.

• Strong knowledge of accounting standards, financial reporting, taxation, and budgeting

Employment Type: Full-Time

Reports To: Finance Manager

Duties and Responsibilities

Financial Management and Reporting

• Prepare monthly, quarterly, and annual financial statements.

• Maintain accurate accounting records and general ledger accounts.

• Prepare management reports, trial balances, income statements, and balance sheets.

• Conduct financial analysis and provide recommendations to management.

• Monitor cash flow and liquidity position of the SACCO. 

Budgeting and Planning

• Coordinate annual budgeting and forecasting processes.

• Monitor budget implementation and investigate variances.

• Support strategic financial planning and investment decisions.

• Provide periodic budget performance reports. 

Compliance and Internal Controls

• Ensure compliance with accounting standards, tax regulations, and SACCO policies.

• Maintain effective internal control systems to safeguard assets.

• Coordinate internal and external audits and implement audit recommendations.

• Ensure compliance with regulatory requirements and financial procedures. 

Treasury and Reconciliation

• Review bank reconciliations and ledger reconciliations.

• Oversee payments, receipts, and cash management activities.

• Monitor investments and advise management on financial risks and opportunities.

• Ensure timely settlement of financial obligations. 

Team Leadership

• Supervise and mentor finance staff.

• Provide technical guidance on accounting and financial management matters.

• Promote continuous improvement in financial systems and reporting processes. 

Skills & Competencies

• Strong analytical and financial reporting skills.

• High level of integrity and confidentiality

• Excellent communication and interpersonal skills.

• Leadership and team management ability.

• Attention to detail and problem-solving skills.

• Ability to work under pressure and meet deadlines. 

How To Apply

Submit your application and CV along with supporting documents via email: mailto:dilsaccoshr@gmail.com 

Dil SACCO is an equal opportunity employer. Only shortlisted candidates will be contacted.

Job Requirements Bachelor’s Degree in Accounting, Finance, Economics, or with related field of study with relevant work experience How to Apply Submit your application and CV along with supporting documents via email: mailto:dilsaccoshr@gmail.com