Sacco Manager at Co-operative Bank of Kenya

Responsibilities

• Reviewing and formulating policies, procedures and practices for SACCO operations.
• Directing and supervising the administration and processing of loans.
• Ensuring effective management and use of Sacco financial resources and assets.
• Preparation and reporting of timely and accurate financial reports.
• The Manager will ensure that all statutory deductions are made correctly and that all amounts due and the necessary returns are submitted by the due dates.
• Giving prudent advice to the Sacco.
• Preparing and analyzing on a quarterly basis the society’s business plans and budgets.
• Coordinating external audit exercises and implementing recommendations set forth.
• Representing the Society in business transactions and any other transactions authorized by the Board chairman
• Attending board meetings and AGM in an advisory capacity and implementing the resolutions made.
• Carry out such other duties as prescribed in the By-Laws or directed by the Board.

Qualifications

• A Bachelor’s Degree in Accounting, Finance or equivalent
• CPA (K).
• Member in good standing of relevant professional body – ICPAK.
• Minimum of C+ in KCSE or its equivalent
• 5 years relevant experience of which at least 2 years must have been in a supervisory capacity
• Prior experience and exposure in the Sacco industry.
• A diploma in Co-operative Management will be an added advantage.
• Combined knowledge in general management/administration as well as accounting.
• Knowledge of national and industry related financial principles.
• Age 35 years and above.

Competences

• Be of exemplary integrity and honesty
• Have excellent financial analysis skills
• Possess analytical and critical thinking skills
• Be decisive and possess quick judgment skills
• Possess excellent business writing skills
• Have excellent communication and interpersonal skills
• Be proactive and initiative
• Have excellent report writing and presentation skills
• Must be self-motivated
• Be a team player