Stima Savings and Credit Cooperative
Society Limited (Stima Sacco) is a leading country-wide, fast growing and
licensed DTS (Deposit Taking Sacco) with an asset base of Kshs 20.5B, a loan
book of Kshs 17B, and membership of 60,000 derived from the energy, utilities,
services, small and micro enterprises (SMEs) and other sectors.
In order to achieve the planned
growth, the Sacco is looking for a qualified and competent professional to fill
the following vacancy:
Executive Assistant to the CEO
Reporting to the Chief Executive
Officer, the job holder will be responsible for providing comprehensive
administrative support to the Chief Executive Officer. These include planning,
organizing, directing and controlling in accordance with laid down policies and
procedures, delegated authorities and guidelines.
Duties and Responsibilities
- Ensuring the communication, planning
schedules, appointments, meetings, reports and associated tasks are well
organized in the Chief Executive Office.
- Organizing management and board meetings
- Managing and prioritizing workflows to ensure
that meeting reports, minutes, correspondence and matters for attention
are dealt with in a professional and timely manner.
- General administrative support the Chief
Executive Office in the controlling of daily activity, diary schedules and
set up meetings as requested
- Develop and maintain a contact database for
clients, vendors, key stakeholders, regulators, etc. and ensure that this
is updated on a regular basis.
- Ensure all documents from Chief Executive
Office are professionally styled and presented in accordance with
corporate standards.
- Draft routine correspondence on behalf of the
Chief Executive Officer.
- Verify all expenses and claims and forward to
finance for payment.
- Arrange for local and international travel,
accommodation and visa arrangements.
- Take care of parking arrangements and access
control for external visitors.
- Ensure that all physical and electronic
records including company documents are safely kept and a record of the
same retained at all times.
- Arranging travel logistics for staff members
which includes visa processing, flight and hotel bookings, scheduling of
meetings/visits, co-ordination with travel agencies.
- Screening telephone calls, enquiries and
requests and delegating where appropriate.
Key Qualifications and Skills
- A University Degree in Business Administration
or related field.
- Master’s in Business Administration an
advantage.
- At least five (5) years’ work experience in a
reputable financial position in a similar or equivalent position.
- Proven track record in successfully of working
with a CEO/Director level functions in financial institution, and/or other
related fields.
- Excellent organisational and prioritisation
competence, with attention to details.
- Proactive attitude and ability to take
initiative and work independently.
- Excellent knowledge of computer applications.
- A good team player/leader.
- Strong interpersonal skills, outgoing
personality, and ability to work independently and effectively under
pressure and on strict deadlines and in a multicultural setting.
- Excellent knowledge of computer applications.
- Superior oral and written communication
skills.
Sales Manager
Reporting to the Chief Manager
Business Development and working closely with the Branch Managers, the job
holder will have skills in negotiation, motivation for sales, planning and
building relationships.
The job holder will be a person with
an interest in a member based Society, with a strategic outlook and exemplary
execution skills.
Duties and Responsibilities
- Determines annual unit and gross-profit plans
by implementing sales strategies; analyzing trends and results.
- Target markets segments with high
profitability attractiveness to grow members.
- Enhance current Sacco's capabilities to retain
existing customers and acquire more customers from existing customer
segments.
- Implement customer lifetime value model and
link these to pricing and sales strategy.
- Develop and call on a qualified list of
prospects and referral sources with calling activity goals.
- Identify and enter into working relations with
ecosystems' partners to offer a complete suite of financial solutions.
- Demonstrate the ability to initiate, advance
and close new business opportunities.
- Pro-actively develop, cross-sell, present
savings & financing ideas to clients and prospects with the goal of
helping members achieve their short and long-term strategic initiatives.
- Responsible for increasing annual net
operating income of existing portfolio, as well as contributing toward the
Sacco’s new business goals.
- Establish sales objectives by forecasting and
developing annual sales quotas for regions and segments; projecting
expected sales volume and profit for existing and new products.
- Maintain sales volume, product mix, and
selling price by keeping current with supply and demand, changing trends,
economic indicators and competitors.
- Create innovative ideas for thought leadership
and relationship-building events, strengthen Sacco brand awareness through
active external organization and event involvement
Key Qualifications and Skills
- KCSE Grade B- or its equivalent.
- A Bachelor’s degree in Business, Sales,
Marketing or other related fields from a recognized university.
- A Sales certification will be an added is an
added advantage.
- A Master’s degree in a Business related field
is an added advantage.
- 5 years of direct client and/ or financial
services experience in Sales or Relationship Management, three (3) of
which should be at a supervisory level, preferably in a financial
institution.
- Contribute to maintenance of strong
organization culture, values and reputation of the clients with all staff,
customers, suppliers, partners and regulators.
- Maintain a climate that attracts, retains and
motivates top quality personnel through effective performance management,
team leadership, coaching and mentorship.
- Develop a deep understanding of the Society
savings and credit products available to customers.
- Must be a sales focused individual with strong
financial acumen and well developed written and verbal communication
skills.
- Strong communicator with outgoing approach to
proactively create client interactions.
- Good interpersonal and negotiating skills.
- Demonstrate management, analytical, organization
and interpersonal skills.
- Outstanding communications and listening
skills, and demonstrated skills in client profiling.
- Demonstrate a high level of independent
judgement.
Credit Officers
Job Summary: Reporting to the Branch Manager, the job holder
will be responsible for ensuring effectiveness and efficiency of all loan
processes and procedures at the Branch.
Duties and Responsibilities
- Meet with applicants to obtain and compile
copies of loan applicants' credit histories, financial statements, and
other financial information for loan processing.
- Appraising and advising members on loan
eligibility.
- Analyse applicants' financial status, credit,
and property evaluations to determine member’s financial status.
- Review loan applications to ensure that they
are complete and accurate according to policy.
- Coordinating the loan processing and advising
members on loan approval status.
- Ensuring compliance of loan procedures as per
SASRA and other legal requirements.
- Giving financial advice and information to
potential clients.
- Generating loans periodical reports for the
branch manager.
- Monitoring branch loan portfolio.
Key Qualifications and Skills
- KCSE Grade B- or its equivalent.
- Bachelor degree in Cooperative Business or
Management or Business related field.
- Diploma in business related field in
combination with qualifying experience may be accepted in lieu of
Bachelor’s Degree.
- Post graduate Diploma in Micro Finance will be
an added advantage.
- Certified Credit Management will be an added
advantage.
- Proficiency in computer skills.
- Five (5) years relevant experience at
supervisory level, preferably in the financial sector.
- A person of integrity, team player and have
effective communication skills.
- Excellent knowledge of computer applications.
- A good team player/leader.
- Strong interpersonal skills, outgoing
personality, and ability to work independently and effectively under
pressure and on strict deadlines and in a multicultural setting.
- Excellent knowledge of computer applications.
Legal Officer
Reporting to the Manager Legal
Services, the job holder will be responsible for provision of legal services to
the Society on various matters, ensuring compliance with the legal framework,
participating in the preparation of legal documents and briefs, handling
litigation in court, preparation and analysis of cases for debarment hearings;
and other duties as may be assigned by the Manager.
Duties and Responsibilities
- To provide legal counsel and advise to
Management on all litigations matters.
- To assist the Manager Legal Services to draft,
review and advice on commercial contracts and lease documents for the
Society to ensure the Society’s interest is safeguarded.
- To work in close liaison with external lawyers
in all matters to ensure that the Society’s position is well represented/
defended.
- To continuously review and advice on existing
laws and their impact on the Society.
- To manage the establishment and implementation
of effective systems, procedures and standards of performance for
activities in the department.
- To coordinate and review all agreements/legal
matters being handled by external service providers to ensure that the
fees paid is competitive and in line with the market rates.
- Interpret legal texts for the Society and
assist management in interpreting and applying statutes, rules and
regulations.
- Represent the Society in judicial proceedings
regarding enforcement of laws, rules and regulations.
- Protect members and stakeholders rights,
privileges and interests in intellectual property and other product innovations,
processes through patents and copyrights and take the necessary action to
protect and preserve such rights from infringement.
- Participate in settlement and
arbitration of disputes to ensure compliance with the necessary Acts and
related statutory requirements
- Participate in the development of annual
work-plans and budgets with a special focus on improving the Society’s
legal and regulatory framework.
- Support in planning and coordinating the
Annual General Meeting (AGM).
Key Qualifications and Skills
- KCSE Grade B- or its equivalent
- Holder of Bachelor’s degree in Law (LLB)
- Be an advocate of the High Court of Kenya in
good standing.
- Minimum of three (3) years’ post admission
experience in providing commercial legal services.
- Comprehensive understanding of Co-operatives
Laws, Corporate law, Conveyancing and ability to keep abreast with
evolving legal trends in banking and finance.
- Good communication and presentation skills,
research and analysis skills.
- Comprehensive understanding of corporate law
and ability to keep abreast with evolving legal trends in finance.
- Good communication and presentation skills,
research and analysis skills.
- Demonstrate technical expertise in strategic
change management, risk management, quality assurance as well as monitoring
and evaluation.
Chief Manager, Finance
Reporting to the Chief Executive
Officer, the Chief Manager Finance will be responsible for strategic financial
planning and management, financial advisory, resource mobilization and
reporting.
The successful candidate will provide
effective and efficient co-ordination and supervision of accounting, financial
and treasury management through the development and implementation of sound
accounting and financial systems and internal control procedures in accordance
with regulations, standards and Sacco policies and procedures.
Duties and Responsibilities
- Overall management and co-ordination of the
finance division by leading, directing, planning and controlling of all
aspects of reporting, budgeting, final accounts and liaison with internal
and statutory auditors.
- In liaison with the Chief Executive Officer
(CEO), formulate corporate financial strategies, monitor and oversee their
successful implementation and ensure compliance with approved policies and
prudential regulatory standards.
- Create and maintain strong financial
discipline, provide periodic financial information and reports on the
Sacco’s performance to the Board of Directors and the senior management
team.
- Maintain strong internal policies, processes and
controls in order to provide timely, consistent and accurate financial,
treasury and management information for effective decision making.
- Maintain good working relationships with
various stakeholders towards attainment of the Sacco’s corporate plans and
investment programs.
- Evaluate and measure finance & business
performance against the Sacco’s strategic plan, make recommendations and
presentations to enhance organizational performance to meet shareholders’
expectations.
- Attend the Board Finance, Investments and
Credit (FIC) Committee meetings as the Committee Secretary.
Key Qualifications and Skills
- KCSE Grade B or its equivalent
- A Bachelor’s Degree in Accounting, Finance or
equivalent and a Master’s degree in Business Administration, Finance,
Commerce, Accounting, or other related field.
- A professional accounting qualification CPA
(K), ACCA, ACA and a member in good standing of ICPAK for the last 5
years.
- A minimum of ten (10) years working experience
in financial management, 5 of which must be in a senior management level
as a Finance Manager or its equivalent.
- Knowledgeable in all aspects of financial
institution, IFRS standards, and SASRA guidelines.
- The ideal candidate will have experience of
taking final responsibility for the quality and content of all financial
data, reporting and coordination.
- Ability to translate financial concepts and
collaborate with other colleagues who do not necessarily have finance
backgrounds.
- A successful track record in setting
priorities; keen analytic, organization and problem solving skills which
support and enable sound decision making.
- Maturity in negotiations with lenders,
financial restructuring agencies will be an added advantage.
- Ability to work collaboratively with employees
across functions, cultures, and geographies.
- Aptitude for understanding product functions
and how they can solve customers’ problems.
- Ability to convey information clearly and
provide analysis as needed to help customers make buying decisions.
Chief Manager, HR & Administration
Reporting to the Chief Executive
Officer the job holder will have a proven track record of providing leadership
in strategic human resources management and administration in a financial
institution and will be responsible for delivering the Society human resource
and administrative strategies.
A key part of this role will be to provide leadership in change management, organisational development initiatives, ensuring staff motivation by creating a conducive working environment
Duties and Responsibilities
- Lead and provide thought leadership in the
development and implementation of human resource strategies, policies, and
procedures to achieve Stima Sacco strategic objectives.
- Develop Society human resources strategies
through analysis, strategic thinking and direction and; establishment of
human resources objectives in line with Society’s objectives.
- Staff management involving implementation and
analysis of performance, evaluation process, staff development programmes,
managing the annual training budget, assessing competency, skill gaps,
coordination of learning and motivational programmes.
- Fostering the workplace environment consistent
with Stima Sacco mission, vision and value; enabling motivation,
productivity, loyalty and safety of employees in every area of the Society.
- Ensure continuous development and maintenance
of an effective performance management system.
- Maintain a robust remuneration strategy and
attractive terms and conditions of employment.
- Lead and contribute to the development and
implementation of appropriate change management initiatives.
- Managing employee performance, conducting
human resource audit and training needs assessment and staff development
programmes.
- Ensure efficient and effective administration
services including maintenance of Stima Sacco property and offices.
- Attend the Board HR Committee meetings as the
Committee Secretary.
Key Qualifications and Skills
- KCSE Grade B or its equivalent
- A Bachelor Degree in Commerce/Business
Administration/ or related field with a specialization in Human Resource
Management.
- A Master’s of Science/ MBA-Human Resource
Management from a recognized university
- A Professional qualification in human
resources management and a member in good standing of IHRM for the last 5
years.
- A minimum of ten (10) years’ experience in
managing human resources and administration functions, five (5) of which
must be in a senior management level.
- The ideal candidate should also have the
experience in spearheading HRIS systems implementation.
- Be able to demonstrate evidence of inspirational
leadership with the ability to lead in an environment of constant change.
- Proven management skills including planning,
supervision, mentoring and coaching.
- In-depth knowledge of labour laws and other
employment regulations.
- Solid problem solving and business acumen
skills.
- Must demonstrate strong interpersonal skills
with an ability to handle complex situations effectively while building
cordial relationships.
- Able to demonstrate good organizational,
analytical and administrative skills.
- Be fluent in written and verbal English with
highly effective communication and influencing skills.
- Strong strategic management and leadership
skills.
- A good team player with ability to manage and
work with diverse Teams
- The candidate should be of the highest ethical
standards, integrity and professionalism.
Marketing Manager
Job Summary: Reporting to the Chief Manager Business Development
and working closely with the Branch Managers the successful candidate will be
required to have a breadth of skills across brand marketing, branch management
and product development with great insight and intuition.
In particular the job holder will be
a person with an interest in a member based Society, with a strategic outlook
and exemplary execution skills.
Duties and Responsibilities
- Develop and provide leadership in
implementation of marketing and communication strategy to achieve the
Society’s business and corporate strategies.
- Contribute to the development and refinement
of the Society’s marketing vision and strategy.
- Lead the marketing function and identify,
analyze and implement new business growth opportunities.
- Implement marketing, advertising and
promotional tasks and carry out effective management of the marketing,
advertising and promotional activities in the Society.
- Support creation of data-driven, dynamic,
‘voice-of-the-customer’ marketing strategies and tests that deliver
against Return on Investment (ROI) targets through a segmented customer
base across marketing channels.
- Ensure consistent brand messaging across TV,
print, radio, outdoor, digital and social media marketing channels.
- Provide feedback into product development and
service offers; participate in their development and collaboration to
create, launch and track performance of product and service offerings in
our markets.
- Preparing annual marketing plans and forecasts
for the Society.
- Evaluate marketing effectiveness by
allocating, managing and monitoring advertisement and promotion budgets
periodically.
- Direct and analyze regular market research to
develop insights for product development, brand positioning and brand
equity growth.
- Carry out market intelligence and surveys;
accelerate growth in membership and product uptake.
- Execute online and offline marketing
initiatives, integrating online and new media, email, print, direct mail,
social media, company websites, branch awareness and other marketing
initiatives.
Key Qualifications and Skills
- KCSE Grade B- or its equivalent.
- A Bachelor’s degree in Marketing or other
related fields from a recognized university.
- Chartered Institute of Marketing professional
qualification.
- A Master’s degree in a Business related field
is an added advantage.
- Five (5) years of relevant experience, three
(3) of which should be at a supervisory level, preferably in a financial institution.
- Develop a deep understanding of the Society
savings and credit products available to customers.
- Practical experience in the application of
digital marketing and social media as part of the integrated marketing
campaigns.
- Strong execution skills with proven experience
in multi-project execution and management.
- Strong interpersonal skills and ability to
work well with diverse cross functional teams.
- Able to demonstrate a high level of
independent judgement, strong leadership skills and ability to influence.
- A start-up personality, entrepreneurial,
ambitious, independent, detail oriented, proactive, flexible and
resilient.
- Excellent problem solving and analytical
ability in cross-functional and multi-cultural environment; able to define
problems, collect relevant data, extract meaning and draw valid
conclusions.
- Experience in effectively managing budgets,
financial reporting and setting up effective metrics and business
processes.
- Tenacity and resolve to work in a fast paced
environment.
- Excellent oral, written, analytical and
communication skills.
Qualified applicants should send
their Application Letter and Detailed CVs to marketingmanager@stima-sacco.com
on or before 5pm on 26th February 2016 indicating the position applied for as
the subject line.
Only Shortlisted Candidates will be contacted.