Internship | Job Vacancies at Sheria DT Sacco

Sheria DT Sacco was registered in 1972 with a simple but powerful vision: to create a trusted financial home for the men and women who uphold Kenya's rule of law. What began as a modest savings group among Judiciary employees has grown into a thriving cooperative society serving over 20,000 members drawn from the Judiciary, ODPP, NEMA.PCK, Independent commissions, the Attorney General's Chambers, various Government Ministries, business persons, and any Kenyan above 18 years of age with an income. Today, Sheria SACCO remains a beacon of financial solidarity combining competitive returns with a deeply human commitment to member prosperity, dignity, and growth.

Equal Opportunity Employer: Sheria DT Sacco is an Equal Opportunity Employer. Persons with disabilities and other minority groups are encouraged to apply.

Accountant at Sheria DT Sacco

Job Description

Sheria DT Sacco wishes to recruit an Accountant. Reporting to the Head of Finance, the Accountant will be responsible for performing timely reconciliations, investigating discrepancies, resolving posting errors, maintaining accurate reconciliation schedules, and supporting audit readiness across key financial control accounts.

Employment Terms

• Term of Service: Permanent and Pensionable
• Entry Grade: SG6 of Sheria DT Sacco
• Basic Salary: Ksh. 44,489.25 to 77,755.25
• House Allowance: Ksh. 19,300
• Commuter Allowance: Ksh. 10,000
• Annual Leave: 30 working days
• All Other Leaves: As per the current HR Policy
• Location: Head Office, Upper Hill, Nairobi

Other Benefits

• Medical cover for all staff
• Group Life Assurance Cover for staff
• WIBA Cover for staff
• Annual staff training based on Training Needs Assessments (TNAs)

Key Responsibilities

• Perform daily, weekly and monthly reconciliations of FOSA/BOSA accounts, core banking system transactions, M-Pesa/Paybill, PesaLink, EFT/RTGS and other applicable payment channels.
• Investigate and resolve reconciliation breaks, unallocated funds, out of balance conditions and posting errors through appropriate follow up and corrective entries.
• Liaise with internal departments, vendors, members and payment service providers to resolve transactional disputes, outstanding items and payment queries.
• Prepare high quality reconciliation summaries, month end close reports and audit ready documentation for review by the Finance team and external auditors.
• Maintain strict confidentiality and appropriate handling of all sensitive financial data and records.
• Proactively flag recurring discrepancies, control weaknesses or systemic process gaps to the Head of Finance for further action.
• Support internal and external audit cycles by providing accurate, well organized reconciliation schedules and supporting evidence.

Qualifications, Experience and Competencies

• Bachelor’s Degree in Accounting, Finance, Commerce (Accounts option) or a related field from a recognised institution.
• CPA K qualification, Section 6.
• At least three (3) years of hands on experience in bookkeeping, general ledger accounting or high volume financial reconciliation, in a similar reconciliation focused role.
• Proficiency in ERP systems such as SAP, Oracle or equivalent, and advanced Microsoft Excel, especially with core banking systems or financial management systems. Experience in a SACCO or regulated financial institution is preferred.
• Solid understanding of double entry bookkeeping, general ledger principles and financial reconciliation best practices.
• Attention to detail and numerical accuracy, with the ability to independently identify, investigate and correct accounting errors.
• Strong organizational and time management skills, as well as excellent written and verbal communication skills.
• A team player with a strong work ethic, high personal integrity and commitment to delivering accurate financial outputs.

Apply: Accountant - Sheria DT Sacco

Credit Assistants – Re-advertisement at Sheria DT Sacco

Job Description

Sheria DT Sacco Society Limited wishes to recruit competent individuals with knowledge and experience in Credit Management to fill the position of Credit Assistant. The position will be based at the Head Office in Nairobi.

Employment Terms

• Term of Service: Permanent and Pensionable
• Entry Grade: SG7 of Sheria DT Sacco
• Basic Salary: Ksh. 32,722.16 – 58,487.39
• House Allowance: Ksh. 15,000
• Commuter Allowance: Ksh. 10,000
• Annual Leave: 30 working days
• Other Leaves: As per the current HR Policy

Other Benefits

• Medical cover for all staff
• Group Life Assurance cover for staff
• WIBA cover for staff
• Annual staff training based on Training Needs Assessments (TNAs)

Position Purpose

To conduct member credit appraisals, manage member engagements, and monitor and recover assigned loan accounts to maintain a sound and performing SACCO loan portfolio.

Main Duties and Responsibilities

• Receive, verify and analyse members’ loan applications against the SACCO’s credit policy, eligibility criteria and lending limits.
• Advise members whose applications are declined, deferred or approved for a lower amount on the reasons and the actions required to qualify.
• Accurately capture, process and document loan applications from appraisal and recommendation through approval and disbursement within the set turnaround times.
• Ensure all loan securities, approvals, charges, recovery instructions and supporting documents are complete, accurate and properly perfected before finalisation.
• Monitor allocated loan accounts, ageing debt, payroll deductions, bank standing orders and direct payments to maintain a strong portfolio recovery position.
• Follow up on arrears and defaulted accounts through member engagement, reminders, guarantor notices, restructuring, recovery agents, CRB listing, legal action or security realisation, as applicable.
• Prepare and submit accurate reports on loan applications, approvals, pending or declined cases, arrears, recoveries, variances and actions taken.
• Liaise with the Loan Recoveries and Monitoring Officer in preparing statements for external parties, including lawyers, auctioneers, Credit Reference Bureaus and debt collectors, when members fail to meet their payment agreements or when no payment agreement can be reached.
• Assess creditworthiness, repayment capacity, existing indebtedness and applicable debt service limits.
• Verify member deposits, guarantor eligibility and loan security requirements.
• Review CRB information where applicable and authorised.
• Monitor arrears ageing, non-performing loans and early warning indicators.
• Reconcile expected payroll deductions with actual loan repayments.
• Escalate irregularities, suspected fraud and emerging portfolio risks.
• Perform any other duties as may be assigned from time to time.

Competencies, Skills and Academic Qualifications

Skills and Competencies

• Good Communication Skills: Ability to communicate clearly in writing and verbally, draft letters and explain payment options to members, using appropriate persuasion and negotiation techniques to recover overdue debts.
• Attention to Detail: Ability to maintain accurate and informative client records and follow SACCO procedures when undertaking assigned duties.
• Data Entry: Ability to accurately enter and update information in digital systems.
• Computer Skills: Good computer skills and the ability to work with relevant software applications.
• Analytical Skills: Basic analytical skills to support credit appraisal, loan monitoring and recovery activities.

Minimum Qualifications

• At least a Diploma in a business-related field, such as Business Management, Finance, Accounting, Credit Management or Co-operative Management.
• A holder of CPA Part II.
• At least a C (plain) in Mathematics at KCSE.
• At least 1–2 years of working experience in a financial institution or a related organisation.
• Professional qualifications will be an added advantage.

Apply: Credit Assistants - Re-advertisement - Sheria DT Sacco

Head of Finance at Sheria DT Sacco

Job Description

Job Details/Description:

Sheria DT Sacco wishes to recruit a seasoned Head of Finance to provide strategic and operational leadership of the Society’s finance function. Reporting to the Chief Executive Officer, the Head of Finance will oversee financial management, reporting, budgeting, treasury, internal controls, compliance and financial risk management to support prudent growth and institutional sustainability

Key Responsibilities

• Provide strategic financial leadership and translate corporate objectives into effective financial policies, frameworks and operational plans.
• Lead, coach and develop the Finance team, promoting accuracy, accountability, integrity and continuous improvement.
• Maintain complete, accurate and timely accounting records in strict compliance with relevant legislation, IFRS, SASRA guidelines and internal policies.
• Prepare and present financial statements, management accounts, Board reports and statutory reports on a monthly, quarterly, half yearly and annual basis.
• Oversee treasury management, cash flow forecasting, liquidity management, investment monitoring and financial risk management.
• Prepare, monitor and control the Society’s revenue, capital and expenditure budgets in line with approved plans.
• Ensure compliance with financial regulations, tax obligations, internal controls, SASRA requirements, KRA requirements and applicable cooperative society legislation.
• Liaise with external auditors, KRA, banks, SASRA and other relevant institutions on financial, tax, audit and regulatory matters.
• Oversee the Fixed Assets Register, investment portfolio performance and emerging financial risks, providing timely and proactive advice to management.
• Promptly alert the Chief Executive Officer and Board to material financial irregularities, control weaknesses, emerging risks or areas of non compliance.
• Manage banking relationships and capital market engagements to support the Society’s funding strategy and growth plans.
• Collaborate with the Chief Executive Officer in the formulation, implementation and performance monitoring of the Society’s strategic plan.

Qualifications, Experience and Competencies

• Bachelor’s degree in Commerce, Business Administration, Business Management or another related field from a recognised university. A Master’s degree or MBA is an added advantage.
• Certified Public Accountant of Kenya (CPA K) and a registered member of ICPAK in good standing.
• At least ten (10) years of relevant working experience, of which at least five (5) years must be at senior management or departmental leadership level.
• Deep, demonstrable knowledge of SASRA regulations, the Co operative Societies Act, IFRS financial reporting, IFRS 9 expected credit losses, and IFRS S1 and S2 sustainability reporting readiness, as applicable.
• Knowledge of liquidity forecasting, investment concentration, asset liability management and regulatory liquidity compliance is a must.
• Proven track record in financial reporting, budget management, treasury operations, internal controls and regulatory compliance.
• Proficiency in ERP or core banking systems and Microsoft Excel. Experience with Navision or equivalent is an advantage.
• Strategic financial thinking, strong commercial acumen and sound business judgement.
• Exceptional analytical and numerical skills, with meticulous attention to detail.
• Strong leadership and people management capabilities.
• Excellent written and verbal communication skills, including the ability to present complex financial information.
• Unimpeachable integrity, professional independence and the confidence to challenge at all levels.

Apply: Head of Finance - Sheria DT Sacco

Senior FOSA Accountant at Sheria DT Sacco

Job Description

Sheria DT Sacco wishes to recruit a skilled and detail oriented Senior FOSA Accountant. Reporting to the FOSA Manager, the Senior FOSA Accountant will provide technical accounting support, strengthen controls, maintain accurate financial records, prepare reconciliations and guide junior accounting staff to enhance financial accuracy and operational efficiency

Employment Terms

• Term of Service: Permanent and Pensionable
• Entry Grade: SG5 of Sheria DT Sacco
• Basic Salary: Ksh. 68,788.59 to 109,637.13
• House Allowance: Ksh. 21,500
• Commuter Allowance: Ksh. 10,000
• Extraneous Allowance: 15% of Basic Salary
• Annual Leave: 30 working days
• All Other Leaves: As per the current HR Policy
• Location: Upper Hill, Nairobi

Other Benefits

• Medical cover for all staff
• Group Life Assurance Cover for staff
• WIBA Cover for staff
• Annual staff training based on Training Needs Assessments (TNAs)

Key Responsibilities

• Prepare and analyse monthly, quarterly and annual financial statements, including balance sheets, income statements and cash flow statements, to the required level of accuracy and standard.
• Manage general ledger functions, post and review journal entries, and promptly investigate and resolve account discrepancies.
• Prepare cash balancing, vault and teller reconciliations, cash difference reports, transaction reversals and exception monitoring within the approved segregation of duties framework.
• Coordinate with internal and external auditors, prepare comprehensive audit files and support tax compliance processes.
• Assist the FOSA Manager in financial forecasting, budget variance analysis and departmental budget monitoring.
• Supervise, train and appraise junior accountants and clerical staff, ensuring quality output and continuous professional development.
• Evaluate and improve accounting procedures to strengthen internal controls and enhance operational efficiency within the FOSA department.
• Ensure strict adherence to applicable IFRS, SASRA requirements and the Society’s accounting policies.
• Prepare periodic management reports and reconciliation schedules for review by the FOSA Manager and senior management.

Qualifications, Experience and Competencies

• Bachelor’s degree in a business related field with a specialisation in Accounting or Finance from a recognised university.
• Holder of CPA K.
• At least three (3) years of progressive accounting experience in a similar role, preferably within a SACCO, microfinance institution or regulated financial environment.
• Proficiency in Microsoft Excel and working knowledge of ERP or accounting software such as SAP, Oracle, QuickBooks or equivalent SACCO banking systems.
• Knowledge of GAAP and financial statement preparation, including month end and year end closing processes.
• Strong analytical thinking and numerical accuracy, with a keen eye for detail.
• Effective supervisory and mentoring skills, excellent written and verbal communication skills, and a high level of professional integrity and reliability.

Apply: Senior FOSA Accountant - Sheria DT Sacco