Chief Executive Officer at Jumuisha Sacco Society Ltd

Job Summary

• Jumuisha Savings and Credit Cooperative Society Ltd (formerly Bondo Teachers Sacco) a medium sized Cooperative Sacco situated in Siaya County, Bondo Sub County is seeking to recruit a transformative and innovative leader with well-developed organizational skills and ability to make sound business decisions and manage and influence change while keeping sight of the National Interest to fill the position of Chief Executive Officer

Personal Profile

• Be a holder of a bachelor’s degree in any of the following fields:Accounting, Finance or Economics option or equivalent from a recognized institution of higher learning;
• MUST possess a professional qualification in either of the following CPAK/ACCA or its equivalent. 
• 5 years working experience with at least 3 years in a senior managerial position in a cooperative society set up or microfinance of a reputable financial institution;
• Membership in good standing of a relevant professional body, where applicable –ICPAK,MSK,IHRM,ICS etc;
• Be results oriented leader with demonstrated track record of high performance;
• Proficiency in computer application packages;
• Good analytical, communication, organization and interpersonal skills;
• High degree of integrity and confidentiality;
• Age preferably 35 years and above; and
• Fulfill the requirements of Chapter Six of the Constitution.

Responsibilities

• Lead the development and execution of the Sacco strategy to ensure achievements of the Sacco objectives
• Implement policies of the Sacco and ensuring alignment with Sacco’s vision, mission and core values and reporting thereon to the Board
• Lead the achievement of the Sacco’s financial goals as per the approved society plan and consistently making the key performance indicators
• Keeping the Sacco abreast of new technological and commercial developments pertinent to the Sacco’s field of operation and within approved budget
• Grow the Sacco business both Fosa and Bosa in terms of products, loan portfolio and revenues and assets as stipulated in the strategic plan
• Timely present financial management and regulatory reports to the board members, members and authorized third parties including auditors, regulatory authorities and the ministry for co-operative development and markets
• Maintain and have in place effective internal controls and management information system in place
• Ensures that Sacco has appropriate system in place to enable it conduct its activities both lawfully and ethically
• Work closely with the board and supervisory management team
• Timely implementation of the board’s recommendations
• Monitor expenditure of the Sacco to make sure they are within the authorized annual budget of the Sacco
• Prepare and present various progress reports to the board of directors
• Ensure consistent compliance with the statutory and regulatory requirements, society’s policies, procedures and standards