Sacco Manager at Co-operative Bank of Kenya

SACCO MANAGER REF: (CBI/SM/08/25)

Key Responsibilities

Reporting to the Board of Directors, the job holder will be responsible for day-to-day Sacco operations including but not limited to:  

• The implementation of and adherence to the prescribed policies, procedures and standards.
• Ensuring that systems have been established to facilitate efficient operations and communication.
• Ensuring that strategies are developed and employed to facilitate achievement of targets and objectives.
• Overseeing Human Resource Management and Development.
•  Ensuring compliance with all statutory and regulatory requirements of the Sacco & be able to propose changes to the Board such as Sacco Societies ACT, By-laws and Cooperative rules.
• Providing 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.
• Keeping minutes of all general meetings and meetings of the Board of Directors
• Advising the Board of Directors in formulating, preparing and implementing long term policies and programs of the society through board papers and technical reports as appropriate.
• Performing such other duties as may be directed by the Board of Directors.

Qualifications & Experience

• Bachelor’s Degree in a Finance-related field or its equivalent, preferably B. Com/BBM (Finance/Accounting). 
• A minimum Accounting professional of CPA (K).
• A Diploma in Co-operative Management will be an added advantage.
• Must have at least 5 years work experience as a Supervisor or Manager in a reputable Sacco or other related Financial Institutions.

General Requirements 

• Excellent interpersonal skills, innovative and Self driven;
• Excellent verbal and written Communication and presentation skills;
• Good time management skills;
• Strong team leadership and mentorship skills;
• Good grasp of IT and computer skills;
• Ability to prepare and maintain management accounts and financial statements for the society including budgets in accordance with IFRS and other accounting guidelines;
• Able to manage the Sacco Cash flows and cash flow forecast;
• Able to analyse problems and provide effective solutions.

Personal Attributes and Attitudes

• Should have high integrity and be able to maintain confidentiality
• Is self-driven and innovative;
• Have strong analytical and problems solving skills;
• Ability to anticipate potential problems, determine and implement solutions;
• Able to pay close attention to details;
• Ability to be flexible, use initiative, self-evaluate and to work independently under little or no supervision