Managerial Role at Shining Hope for Communities (SHOFCO)

Reports to: Director of Resources and Operations

Job Responsibilities

• Provide oversight to the SACCO operations and technical assistance to the SACCO Management Committee.
• Develop necessary policy documents and regulations that would ensure smooth operations of the SACCO according to the set guidelines.
• Ensure that all SACCO data and information is well documented and archived.
• Work in collaboration with the SHOFCO Metrics team to ensure that a proper information system is put in place to capture all SACCO data.
• Monitor the operations of the SACCO and ensure that all set targets are attained within the set timelines.
• Work together with finance department in preparation, analysis and presentation of comprehensive, timely, reliable and compliant financial reports.
• Ensure that all financial documents are up to date and that books of accounts are well kept.
• Provide guidance on the adoption and/or implementation of sound and up to date accounting systems.
• Ensure effective implementation of financial and accounting policies and procedures.
• Management of the general and subsidiary ledgers in accordance with internationally accepted accounting and financial reporting standards and preparation of final accounts for audit.
• Ensure compliance with statutory and regulatory requirements.
• Provide oversight to the SACCO operations and technical assistance to the SACCO Management Committee.
• Develop necessary policy documents and regulations that would ensure smooth operations of the SACCO according to the set guidelines.
• Ensure that all SACCO data and information is well documented and archived.
• Work in collaboration with the SHOFCO Metrics team to ensure that a proper information system is put in place to capture all SACCO data.
• Monitor the operations of the SACCO and ensure that all set targets are attained within the set timelines.
• Work together with finance department in preparation, analysis and presentation of comprehensive, timely, reliable and compliant financial reports.
• Ensure that all financial documents are up to date and that books of accounts are well kept.
• Provide guidance on the adoption and/or implementation of sound and up to date accounting systems.
• Ensure effective implementation of financial and accounting policies and procedures.
• Management of the general and subsidiary ledgers in accordance with internationally accepted accounting and financial reporting standards and preparation of final accounts for audit.
• Ensure compliance with statutory and regulatory requirements.
• Prepare and verify monthly statements for members and keeping records.
  Reconciling the bank account and performing other general accounting duties as required.

Qualifications

• Bachelor’s Degree in Co-operative Management, Business Management, Microfinance or any other relevant field
• 6 years’ experience working in a SACCO
• Knowledge of SACCO accounting systems
• Understanding of accounting principles
• Working knowledge of statutory legislation and regulations
• Proficient in computer packages especially Microsoft Office Suite
• Thinking positively
• Team working
• Upholding standards
• Managing tasks