Vacancies at Kimisitu Sacco

Job purpose:

• The Senior Finance Officer – Financials will be responsible for the day-to-day accounts of the Sacco and ensure the Sacco's compliance with accounting standards and practices. You will prepare monthly management accounts and ensure timely and up-to-date bank reconciliations.

Key Duties & Responsibilities:

• Prepare accurate management reports including trial balance, statement of comprehensive income and financial statements monthly
• Investigate variances, correct errors where necessary and provide explanations on differences from budget.
• Implement budgetary controls daily by monitoring all purchases and postings to the correct ledger.
• Liquidity management and investment planning
• Assist in costing and pricing of the Society’s investment ventures
• Responsible for the daily review of payments accurately
• Review of Bank and Ledger Reconciliations for completeness and accuracy
• Provide team leadership to the finance officers through professional staff management
• Facilitate internal and external audit and implement the audit recommendations timely
• Prepare and analyze the different investment portfolios for effective Treasury Management
• Keep abreast on changes in financial regulations and legislation
• Ensure that the Society’s assets and liabilities are recorded correctly and safeguarded
• Keep and manage debtors and creditors records accurately
• Ensure that accounts and reconciliation are done daily and adherence to specific deadlines
• Perform any other responsibility assigned from time to time.

Knowledge: Qualifications & Experience

• Bachelor’s degree in accounting, finance, or its equivalent
• Must be a CPA (K) / ACCA holder
• Registered member of ICPAK in good standing
• Minimum 5 years proven relevant experience.
• Proven experience in budgeting and financial analysis
• Strong knowledge of taxation principles
• Knowledge and proven experience in International Financial Reporting Standards (IFRS)
• Proficient in using ERP software.

Personal Attributes required for this role:

• A person of integrity
• Proficiency in financial modeling and data analysis tools
• Good risk management skills.
• Excellent analytical and financial reporting skills.
• Excellent interpersonal, communication, and problem-solving skills.
• Detail-oriented and able to meet deadlines.

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Position Summary:

• Kimisitu DT Sacco Ltd is seeking dynamic, self-driven, and results-oriented individuals to join our team as Relationship Officer in the Mombasa region. This role focuses on managing and nurturing relationships with new and existing members to drive growth in member recruitment, retention, and product adoption. Relationship Officers will act as the primary point of contact between the Sacco and its members, ensuring member satisfaction and contributing to the overall growth strategy of the Sacco.

Key Responsibilities

• Member Engagement & Relationship Management: Build and maintain strong, long-term relationships with existing and prospective members through regular communication, providing excellent customer service, and understanding member needs.
• Regional Sales: In charge of delivering and achieving assigned regional targets in liaison with the Regional Sales Agents.
• Member Recruitment & Retention: Actively recruit new members to the Sacco and ensure high levels of member retention through effective onboarding, support, and satisfaction initiatives.
• Product Promotion & Cross-Selling: Promote the full range of the Sacco products and services to both new and existing members, driving increased product uptake and ensuring members fully benefit from the Sacco’s offerings.
• Sales & Marketing: Participate in sales activations, outreach programs, and marketing events in the assigned region to increase member growth, share capital, deposits, and loan uptake.
• Member Education & Awareness: Conduct presentations and workshops to educate members about the Sacco’s products and services, encouraging informed decision-making.
• Supervision: Supervise and mentor the Regional Sales Agents.
• Financial Advisory & Support: Provide advisory services to members on available financial solutions, ensuring their financial goals align with the Sacco’s products and services.
• Reporting & Analysis: Prepare and submit regular reports on relationship management activities, member feedback, and sales performance for review and analysis by the Senior Relationship Manager.
• Team Collaboration: Work closely with internal teams, including Marketing, Loans, and Customer
• Service, to ensure seamless service delivery and member satisfaction.
• Compliance: Ensure all member accounts and interactions comply with KYC, AML, and other regulatory requirements.

Knowledge: Qualifications & Experience

• Diploma or Degree in Sales, Marketing, Co-operative Management, Business Administration, or a related field.
• A minimum of 3 years of experience in customer relationship management, sales, or business development, preferably within the financial or cooperative sectors.
• Proficiency in computer applications and CRM systems.
• Knowledge of the SACCO operations, products, and regulations is an added advantage.

Personal Attributes required for this role:

• Excellent interpersonal and communication skills.
• Strong relationship-building and negotiation skills.
• Ability to work independently and manage multiple relationships concurrently.
• High level of integrity and ethical conduct.
• Self-driven, proactive, and results oriented.
• Strong problem-solving skills with a customer-focused approach.
• Team player with strong collaboration skills.