Assistant Accountant
2025-06-11T11:53:50+00:00
Khasakh Cooperative Society Limited
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https://khasakh.com/
FULL_TIME
Kampala
Kampala
00256
Uganda
Finance
Accounting & Finance
2025-06-20T17:00:00+00:00
Uganda
8
About Us.
Khasakh is a multi-purpose cooperative society registered under provision of section 6(2) of the Cooperative Societies Act Cap 122 as Amended with a certificate number 9985/RCS. It is owned, governed and subscribed to by former and current staff of World Vision and Mercy Corps with their spouses and children. As a Christian financial Institution aimed at offering reliable and effective financial services for a healthy and wealthy people, Khasakh operations are geared towards extending credit facilities to members at competitive interest rates, growing members’ savings through attractive interest rates, engaging in cutting edge clientele financial literacy and carrying out secure, profitable and competitive investment opportunities on behalf of its members.
Job Summary: Assistant Accountant will work closely with the Sacco Accountant and the Manager. He/she will be responsible for the proper maintenance of member accounting records and other financial transactions, timely preparation & processing of payments, Budgetary planning & control among others in line with the khasakh finance guidelines.
Key Duties & Responsibilities
- Maintenance of Proper books of accounts through accurate & timely system update of all Sacco transactions onto the Financial Management system in accordance to GAAP, laws & regulations of Uganda, the cooperative statue and other applicable laws.
- Daily reconciliation of petty cash and SACCO-Mobile Money accounts.
- Processing of loan disbursements & member withdrawals and other payments in a timely manner.
- Filing of monthly statutory returns and ensuring timely payment of the same (NSSF, PAYE, WHT etc)
- Preparation of monthly bank and mobile money reconciliations.
- Prepare for and facilitate the quarterly internal audit exercise.
- Participate in preparation of the annual Budget & designing of monthly activity work plans to ensure operational efficiency.
- Identification of the Sacco asset needs & procurement of the same through the acceptable Khasakh procurement guidelines while ensuring value for money.
- Daily Update and maintenance of members’ accounts.
- Ensure Effective & timely communication between the accountant, manager, staff, members, auditors the board & other stake holders on financial and operational affairs of the SACCO.
- Facilitation of monthly Board meetings & other stakeholder engagements through ensuring availability of required financial logistics.
Qualifications
- A Bachelor’s degree, with a major in Accounting/Finance/Business Administration
- A full/ partial professional qualification in ACCA, CPA or equivalent will be an added advantage.
Experience
- A minimum of one year’s experience in a similar position with any financial institution or a SACCO.
- Computer literacy in MS Excel, Word, Power point and any accounting Management System.
- Must have proven knowledge of generally accepted accounting principles and internal control procedures.
Skills & Proficiencies required.
- Good written and interpersonal communication skills.
- Excellent customer care skill is essential and the incumbent must be a great team player.
- High levels of integrity and confidentiality.
- Planning and organizing.
- Working successfully in a multicultural environment and with minimal supervision.
- Proven analytical skills and ability to think strategically.
Key Duties & Responsibilities Maintenance of Proper books of accounts through accurate & timely system update of all Sacco transactions onto the Financial Management system in accordance to GAAP, laws & regulations of Uganda, the cooperative statue and other applicable laws. Daily reconciliation of petty cash and SACCO-Mobile Money accounts. Processing of loan disbursements & member withdrawals and other payments in a timely manner. Filing of monthly statutory returns and ensuring timely payment of the same (NSSF, PAYE, WHT etc) Preparation of monthly bank and mobile money reconciliations. Prepare for and facilitate the quarterly internal audit exercise. Participate in preparation of the annual Budget & designing of monthly activity work plans to ensure operational efficiency. Identification of the Sacco asset needs & procurement of the same through the acceptable Khasakh procurement guidelines while ensuring value for money. Daily Update and maintenance of members’ accounts. Ensure Effective & timely communication between the accountant, manager, staff, members, auditors the board & other stake holders on financial and operational affairs of the SACCO. Facilitation of monthly Board meetings & other stakeholder engagements through ensuring availability of required financial logistics.
Qualifications A Bachelor’s degree, with a major in Accounting/Finance/Business Administration A full/ partial professional qualification in ACCA, CPA or equivalent will be an added advantage. Experience A minimum of one year’s experience in a similar position with any financial institution or a SACCO. Computer literacy in MS Excel, Word, Power point and any accounting Management System. Must have proven knowledge of generally accepted accounting principles and internal control procedures.
JOB-68496e4e3343d
Vacancy title:
Assistant Accountant
[Type: FULL_TIME, Industry: Finance, Category: Accounting & Finance]
Jobs at:
Khasakh Cooperative Society Limited
Deadline of this Job:
Friday, June 20 2025
Duty Station:
Kampala | Kampala | Uganda
Summary
Date Posted: Wednesday, June 11 2025, Base Salary: Not Disclosed
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JOB DETAILS:
About Us.
Khasakh is a multi-purpose cooperative society registered under provision of section 6(2) of the Cooperative Societies Act Cap 122 as Amended with a certificate number 9985/RCS. It is owned, governed and subscribed to by former and current staff of World Vision and Mercy Corps with their spouses and children. As a Christian financial Institution aimed at offering reliable and effective financial services for a healthy and wealthy people, Khasakh operations are geared towards extending credit facilities to members at competitive interest rates, growing members’ savings through attractive interest rates, engaging in cutting edge clientele financial literacy and carrying out secure, profitable and competitive investment opportunities on behalf of its members.
Job Summary: Assistant Accountant will work closely with the Sacco Accountant and the Manager. He/she will be responsible for the proper maintenance of member accounting records and other financial transactions, timely preparation & processing of payments, Budgetary planning & control among others in line with the khasakh finance guidelines.
Key Duties & Responsibilities
- Maintenance of Proper books of accounts through accurate & timely system update of all Sacco transactions onto the Financial Management system in accordance to GAAP, laws & regulations of Uganda, the cooperative statue and other applicable laws.
- Daily reconciliation of petty cash and SACCO-Mobile Money accounts.
- Processing of loan disbursements & member withdrawals and other payments in a timely manner.
- Filing of monthly statutory returns and ensuring timely payment of the same (NSSF, PAYE, WHT etc)
- Preparation of monthly bank and mobile money reconciliations.
- Prepare for and facilitate the quarterly internal audit exercise.
- Participate in preparation of the annual Budget & designing of monthly activity work plans to ensure operational efficiency.
- Identification of the Sacco asset needs & procurement of the same through the acceptable Khasakh procurement guidelines while ensuring value for money.
- Daily Update and maintenance of members’ accounts.
- Ensure Effective & timely communication between the accountant, manager, staff, members, auditors the board & other stake holders on financial and operational affairs of the SACCO.
- Facilitation of monthly Board meetings & other stakeholder engagements through ensuring availability of required financial logistics.
Qualifications
- A Bachelor’s degree, with a major in Accounting/Finance/Business Administration
- A full/ partial professional qualification in ACCA, CPA or equivalent will be an added advantage.
Experience
- A minimum of one year’s experience in a similar position with any financial institution or a SACCO.
- Computer literacy in MS Excel, Word, Power point and any accounting Management System.
- Must have proven knowledge of generally accepted accounting principles and internal control procedures.
Skills & Proficiencies required.
- Good written and interpersonal communication skills.
- Excellent customer care skill is essential and the incumbent must be a great team player.
- High levels of integrity and confidentiality.
- Planning and organizing.
- Working successfully in a multicultural environment and with minimal supervision.
- Proven analytical skills and ability to think strategically.
Work Hours: 8
Experience in Months: 12
Level of Education: bachelor degree
Job application procedure
All suitably qualified candidates are encouraged to send their applications with detailed CVs, cover letter, a character reference letter and copies of their relevant academic documents to khasakhtenders@gmail.com and copy judithnakamannya@gmail.com
Deadline for submitting applications is 5:00pm on 20th June, 2025
Only successful shortlisted candidates shall be contacted
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