Senior Management Recruitment
Sheria SACCO Society Ltd is a Savings and credit cooperative society formally registered in 1972 with a growing membership of over 10,000 members pooled from the Judiciary, AG chambers, various Government Ministries, Business persons and anyone above the age of 18 years with an income.
The Sacco’s vision is to be the
preferred financial services provider, empowering members economically through
mobilization of resources and provision of competitive products and services.
Sheria SACCO Society Ltd is a Savings and credit cooperative society formally registered in 1972 with a growing membership of over 10,000 members pooled from the Judiciary, AG chambers, various Government Ministries, Business persons and anyone above the age of 18 years with an income.
The Society is a medium sized deposit
taking Sacco licensed by SASRA with total assets in excess of 5 billion Kenya
Shillings, mandated to mobilize savings and give credit to its members.
In pursuit of its transformative
agenda the Society is seeking to recruit a dynamic, ambitious, and
result-oriented individual to join the executive team, in the following
position:
Head of Finance & Strategy
Job Ref: HFS/01/2018
Reporting directly to the Chief
Executive Officer, the incumbent will plan, develop, and implement all the
Organization’s financial management activities.
S/he will support the Chief Executive
Officer in ensuring the SACCO’s strategic plan is well executed enabling the
organization meets its objectives.
Responsibilities will include:
·
Formulate the strategic operational
objectives for the department in line with the overall corporate plan and
ensure execution of the same.
·
Lead the Finance team members to
deliver all planned and agreed department and individual performance targets to
ensure that the various sections are efficient and value adding to the Society.
·
Regulate, supervise, and implement a
timely, complete and accurate set of accounting books of the Society reflecting
all its activities in a manner commensurate with the relevant legislation and
regulation and internal guidelines set from time to time by the Board of
Directors.
·
Prepare timely financial statements
and reports as required by all pertinent laws and regulations deemed necessary
and demanded from time to time by the Board of Directors.
·
Coordinate effective treasury
management to ensure effective cash flow and cash flow analysis.
·
Prepare, control and monitor the
Society’s revenue, capital, and expenditure budget to facilitate translation
into action of the strategic and operation plans of the Society.
·
Create and maintain strong financial
discipline by planning, controlling and reporting on the Society financial
performance to the Board of directors and the senior management team on a
monthly, quarterly, bi-annually and annually.
·
Ensure compliance with financial
procedures and policies of the Society
·
Liaise with External Auditors and
SASRA to ensure that all financial transactions are compliant with existing
regulatory instruments and accounting standards.
·
To alert the executive management
team and to warn it regarding any irregularity, lack of compliance, lack of
adherence, whether actual or potential concerning the financial systems, the
financial operations, the financing plans, the accounting, the audits, the
budgets, and any other matter of a financial nature or which could or does have
a financial implication.
·
Maintain a good working relationship
with members, banks, financial institutions, and capital markets with the aim
of securing the funds necessary for the operations of the Society, the
attainment of its development plans and its investments.
·
Work with the CEO in formulation,
implementation and monitoring of the society strategic plan.
Key qualifications, knowledge, and
experience required:
·
Degree in finance, accounting,
economics, or related field. A Master’s degree will be an added advantage;
·
Qualified CPA (K) or ACCA holder;
·
Membership of professional
finance/accounting bodies e.g. ICPAK;
·
Minimum of 10 years’ experience in a
vibrant organization, two of which must be in a senior management position
progressively within a busy finance, accounting, strategic planning department;
·
Have expert business knowledge and
proficiency in financial management, analytical research, leadership, corporate
communication, and strategic planning;
·
High standards of professionalism and
integrity;
·
Advanced written and oral
communication skills
Chief Executive Officer
Ref: CEO/03/2018
Reporting
directly to the Board, the incumbent will develop and deliver business and
people strategies, which support the Sacco’s overall strategic aims and
objectives. S/he will lead management in creation of a stable and supportive
environment within which, S/he will manage and grow the society business
ensuring strategy execution.
Responsibilities will include:
·
Actively lead and influence the
development, implementation, and achievement of the current and future
strategic and operational plans.
·
Reporting to the Board on economic
and industry indicators, and other relevant factors, which may influence their
judgment in the formulation or modification of policy;
·
Ensure that the Executive Leadership
Team, models and builds a culture of internal excellence at all levels;
·
Carrying out effectively the policies
laid down by the Board of Directors, and ensuring that the policies are well
understood and complied with by all members of the Sacco;
·
Lead the achievement of the Sacco’s
financial goals as per the approved Society plan and consistently meeting the
key performance Indicators;
·
Ensure the adequacy and soundness of
the company’s financial structure; reviewing all capital expenditure requests
and arrangements for additional finance-funds;
·
Ensuring that adequate provision is
made for keeping abreast of new technological and commercial developments
pertinent to the Sacco’s field of operation and within approved budgets;
·
Ensure that Human Resources of Sheria
Sacco are effectively managed in terms of selection and recruitment, incentives
and motivation, disciplines in line with Human Resource strategy of the Sacco;
·
Provide credible and agile leadership
to the senior management Team, ensuring that they actively participate in the
Team, contribute to the strategic thinking and development of the Sacco, and
demonstrate integrity, respect, moral ethics, sound judgement, and positive
leadership, in all their duties and interactions;
·
Lead the achievement of the customer
service standards agreed annually and ensure the leadership, dissemination,
understanding and delivery of customer centric services across the Sacco;
·
Partnership & Stakeholder
Management & Development – Work closely with the Board and the senior
management team to establish and review strategic priorities for key partnerships;
·
Ensuring a strong Risk, Compliance
and Governance Framework is embedded across the organization;
·
Ensure that the right skills,
mind-sets, and systems are in place to continuously assess and mitigate
principal risks of the Sacco.;
·
Fostering an audit, risk management
and compliance culture ensuring compliance with legislation and regulatory
bodies is monitored;
·
Risk and Audit functions of the
Organization must operate independently with that of business with regular
independent reporting to the Board Audit & Risk Committee.
·
Works closely with the chairperson to
ensure that the focus of Board Meetings is on the right issues, information is
available in a timely and effective manner and the best advice and counsel are
drawn from Board members during meetings and as required throughout;
·
Engage and give back to communities
we operate in, in terms of Sheria Sacco’s Corporate and Social Responsibility
Values.
Key qualifications, knowledge, and experience required:
·
Bachelor’s degree in Business
development related field. A master’s degree will be an added advantage;
·
Membership of relevant professional
bodies e.g. ICPAK, MSK, IHRM, ICPSK etc.
·
Minimum of 12 years’ experience in
vibrant organizations, 5 of which must be in a senior management position;
·
Demonstrate expert business knowledge
and proficiency in financial management, business development, institutional
leadership, corporate communication, and strategic planning;
·
High standards of professionalism and
integrity;
·
Advanced written and oral
communication skills
Head of BOSA
Ref: HBOSA/02/2018
Reporting
directly to the Chief Executive Officer, the incumbent will coordinate the
operations and activities of BOSA and ensure that revenue targets from back
office operations are achieved in line with the Corporate Plan.
Responsibilities will include:
·
Formulate the strategic operational
objectives for the department in line with the overall corporate plan and
ensure execution of the same.
·
Lead the BOSA operations team to
deliver all planned and agreed department and individual performance targets to
ensure that the department is efficient and value adding to the Society.
·
In consultation with the CEO and
other function heads, formulate the credit policy and ensure adherence to the
same.
·
Product development in liaison with
the marketing team to ensure relevant member products are rolled out keeping in
pace changing member needs and wants.
·
Monitor the performance of the loans
and ensure proper management of loan recovery process.
·
Evaluate Credit performance and make
appropriate recommendations to CEO and Credit Committee on policy matters.
·
Respond to all the audit queries
raised about the operations of the department
·
Prepare monthly management and Board
BOSA performance reports.
Key qualifications, knowledge, and experience required:
·
Bachelor’s degree in Business
development related field. A master’s degree will be an added advantage;
·
Membership of relevant professional
bodies.
·
Minimum of 10 years’ experience in a
vibrant organization, two of which must be in a senior management position
progressively within a customer facing, service or business department;
·
Demonstrate expert business knowledge
and proficiency in customer management, product and service delivery,
leadership, corporate communication, and strategic planning;
·
High standards of professionalism and
integrity;
·
Advanced written and oral
communication skill
How to Apply
If
you believe and can clearly demonstrate your abilities to meet the relevant
criteria for the above roles, please submit your application with a detailed
CV, stating your current position, current remuneration, e-mail, and telephone
contacts and quoting the reference number on your application letter.
To
be considered, your application must be received via email, addressed to:
The
Chairman,
Sheria Sacco
Nairobi, Kenya
Sheria Sacco
Nairobi, Kenya
Email: human.resource@sheriasacco.coop
Application Deadline: Friday 31st August 2018