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
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: –
Responsibilities:
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
Leadership
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 besconconsultants@gmail.com
by Wednesday 11th April 2024. (https://bescongroup.co.ke/)
