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Microfinance Jobs in Kenya - Mhasibu Sacco

Mhasibu Sacco Society Ltd

We are a leading Sacco with an indisputable record of performance and with a rapidly growing countrywide membership comprising mainly of professionals.
The Sacco is seeking to recruit a suitable self-driven, result oriented and highly qualified individual for the following position:
Loans Recovery Manager
Overall purpose of the Job: To oversee the operations of the recovery section and to ensure compliance.
Duties and Responsibilities
·         Developing, documenting, implementing, and maintaining a comprehensive recovery strategy.
·         Identifying, assessing, and evaluating risk areas in recovery and making appropriate recommendations.
·         Relating with other key players in the industry with a view to establishing the best practices in recovery.
·         Reviewing collection projections and matching them with the actual receipts.
·         Working with the senior leadership to identify key risks that are associated with collaterals, assessing those risks, and establishing the best practices to counter and ensure effective collections.
·         Working with other players in the market with a view to enforcing recoveries from difficulty clients.
·         Preparing necessary reports for the Credit Committee.
·         Reviewing capacity needs, supervising and initiating training needs for the personnel in the recovery sections.
·         Preforming other duties as may be assigned from time to time by the credit committee.
Minimum academic and professional qualifications required
·         At least a Bachelor’s Degree in Finance or Accounting
·         CPA finalist
·         Masters Degree will be an added advantage
·         A member of relevant professional body
·         Minimum 5 years relevant experience
·         Strong Analytical skills

·         Proficiency in MS Office suite of package
·         Provide certificate of good conduct.


Internal Auditor
Overall purpose of the job: To ensure adequacy of internal controls and assessing the effectiveness of compliance and governance processes.
Duties and responsibilities
·         Developing, documenting, implementing, and maintaining a comprehensive internal audit plan and system of internal controls to help provide assurance that applicable laws, regulations, policies and procedures are Complied with;
·         Examining financial transactions for accuracy and compliance with entity policies and applicable laws and regulations;
·         Evaluating financial and operational procedures to assure adequate internal controls are present;
·         Identifying, assessing, and evaluating risk areas: make appropriate recommendations for improved internal controls and accounting procedures; researching and adopting industry best practices where appropriate;
·         Working with the senior leadership identify key business risks, assessing those risks, and establishing risk management procedures and practices based on industry best practices;
·         Identifying pertinent portions and best Practices emerging within the industry which can assist the Sacco in producing accurate and reliable financial reporting information;
·         Overseeing the implementation and administration of the Sacco whistle-blower policy addressing and responding In a timely manner all submitted complaints;
·         Preparing necessary reports for the Audit Committee and Board of Directors.
·         Researching and responding to internal audit inquiries from the Board of Directors, the Chief Executive Officer, and other members of senior management;
·         Completing projects and perform other duties as assigned by the Audit Committee and the Board of directors.
Minimum academic and professional qualifications required
·         At least a Bachelor’s degree in Finance or Accounting,
·         CPA Finalist,
·         Master Degree is an added advantage,
·         A member of a relevant professional body,
·         Diploma in cooperative management and CISA is an added advantage,
·         Minimum 5 years relevant experience,
·         Strong analytical skills,
·         Proficiency in MS office suite of package,
·         Provide certificate of good conduct.
How to Apply
All applications, copies of certificates, relevant testimonials, detailed curriculum vitae, current salary and expected salary to be sent to: ia.hrm@mhasibusacco.com.
The deadline for submission of all application is on or before 6th April 2018 by 5.00pm.
Kindly note that only shortlisted candidates shall be contacted.

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