Sacco Manager Job in Kenya

 Job Title: Sacco Manager

Hiring Organization: Bescon Consultants
Location – Locality:
Location – Region: Kenya
Industry: Service
Job Type: Full Time
Salary: KES 50k-70k
Date Posted: 03/20/2024

Department: Operations Duty,
Location: Western,
Reports To: Board of Directors

Our client a Sacco in Western is looking for qualified personnel to fill the position of a Sacco Manager. The job holder will be responsible to the Board and overall management of SACCO activities as follows: –


To be responsible for the implementation of SACCO’s Strategic Business plans.

To be responsible for the implementation of and adherence to the policies, procedures, and standards.

To be responsible for SACCO’s investments and management of a balanced investment portfolio.

To be responsible for the management, development & maintenance of a high-performance team by providing transformative leadership & effective supervision, guidance, and initiating training of staff and members under their jurisdiction.

To be responsible for Sacco’s financial & operational planning, forecasting, and budgeting and be able to conceptualize and explain variances.

To be responsible for prudent management of costs to achieve business growth as outlined in the strategic plan.

To be responsible for supporting the Board’s decisions making preparation, analysis & presentation of comprehensive, timely, reliable, and compliant financial reports.

To ensure effective implementation of financial, operational & accounting policies and procedures.

To prepare weekly, monthly, and quarterly reports on the performance of the SACCO’s Key Result Areas to the board and advise accordingly.

To ensure compliance with all statutory and regulatory requirements of the SACCO such as Cooperative Act, Rules, By-laws, SASRA Regulations, Unclaimed Financial Assets Act, and Data Protection Act & be able to propose changes to the Board

To develop and provide high-quality products and efficient services that are value-adding to members so as to enhance market share and revenue command of the SACCO.

To provide support to the Board of Directors by organizing all Board and Sub Committee meetings, Annual and Special General Meetings, and Supervisory meetings as and when required.

To build and develop a high motivated team of employees through embedding performance development and coaching through identification of staff training needs and enshrine them in the training and education programs of the society.

To develop and operate a financial services network of branches based on assessment from relevant officials – on quality member service, innovative savings, loan products, and introduction of new business opportunities.

To promote SACCO’s corporate image by representing society in a professional manner at all times.

To attend and participate in Board meetings, seminars, and conferences at all levels, to keep informed of the developments affecting the SACCO movement and business environment in general.

To support the Board of Directors in developing a Strategic Plan upon which other SACCO plans will be hinged to drive the vision and mission of the SACCO business into the future.

To implement, without delay, all recommendations from Government regulatory bodies, BOD, internal and external audit reports, and consultants based on agreements arrived at with the Board.

To ensure the correctness of books of accounts, receipts, and disbursements are well maintained

To ensure safe custody of all funds, documents and property belonging to the SACCO and ensure their safekeeping.

To keep minutes of all general meetings and meetings of the Board of Directors

To prepare, approve, authorize, and sign all official correspondence of the SACCO.

To perform such other duties as may be directed by the Board of Directors.

Impact of Results

Effective and efficient overall planning, administration, coordination, and evaluation of all functions of the SACCO.

Qualifications and Skills

Bachelor’s Degree in Business Development related field or its equivalent.

Accounting certification CPA (K) /ACCA or its equivalent.

A Diploma in Cooperative Management will be an added advantage.

A minimum of 5 years working experience of which 3 years must be at a senior management level preferably in a SACCO.

Knowledgeable in the SACCO business model and other operational issues.

Good analytical, Communication, and writing skills.

Excellent organization and interpersonal skills.

Change Agent – Introducing and implementing institutional changes and installing organizational development programs in regard to SACCO matters.

Must possess a high degree of integrity.

Strategic thinking and result-oriented.

Track record of good management and development skills.

Knowledge of Financial Accounting Reporting.

Ability to network with stakeholders.

Planning & Organizing


Entrepreneurial Awareness

Decisiveness and adaptability

How to Apply

Salary Budget is between KES 50,000- 70,000 based on experience and qualification. Always quote current and expected salary.

Interested and qualified applicants are requested to send their application letters and CVs only quoting the job title on the email (Sacco Manager – Western) subject to by Wednesday 11th April 2024. (