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:
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.
Qualified applicants should send
their Application Letter and Detailed CVs to
chiefmanagerfinance@stima-sacco.com on or before 5pm on 26th February 2016 indicating the position applied for as the subject line.
chiefmanagerfinance@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
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