Bescon Consultants Sacco Manager Job

Our client a Sacco in Western is looking for qualified personnel to fill the position of a Sacco Manager. The job holder will be responsible to the Board and overall management of SACCO activities as follows: –

Responsibilities:

• To be responsible for the implementation of SACCO’s Strategic Business plans. 
• To be responsible for the implementation of and adherence to the policies, procedures, and standards. 
• To be responsible for SACCO’s investments and management of a balanced investment portfolio. 
• To be responsible for the management, development & maintenance of a high-performance team by providing transformative leadership & effective supervision, guidance, and initiating training of staff and members under their jurisdiction.  
• To be responsible for Sacco’s financial & operational planning, forecasting, and budgeting and be able to conceptualize and explain variances. 
• To be responsible for prudent management of costs to achieve business growth as outlined in the strategic plan. 
• To be responsible for supporting the Board’s decisions making preparation, analysis & presentation of comprehensive, timely, reliable, and compliant financial reports. 
• To ensure effective implementation of financial, operational & accounting policies and procedures.
• To prepare weekly, monthly, and quarterly reports on the performance of the SACCO’s Key Result Areas to the board and advise accordingly. 
• To ensure compliance with all statutory and regulatory requirements of the SACCO such as Cooperative Act, Rules, By-laws, SASRA Regulations, Unclaimed Financial Assets Act, and Data Protection Act & be able to propose changes to the Board 
• To develop and provide high-quality products and efficient services that are value-adding to members so as to enhance market share and revenue command of the SACCO.  
• To provide 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. 
• To build and develop a high motivated team of employees through embedding performance development and coaching through identification of staff training needs and enshrine them in the training and education programs of the society. 
• To develop and operate a financial services network of branches based on assessment from relevant officials – on quality member service, innovative savings, loan products, and introduction of new business opportunities. 
• To promote SACCO’s corporate image by representing society in a professional manner at all times. 
• To attend and participate in Board meetings, seminars, and conferences at all levels, to keep informed of the developments affecting the SACCO movement and business environment in general. 
• To support the Board of Directors in developing a Strategic Plan upon which other SACCO plans will be hinged to drive the vision and mission of the SACCO business into the future. 
• To implement, without delay, all recommendations from Government regulatory bodies, BOD, internal and external audit reports, and consultants based on agreements arrived at with the Board. 
• To ensure the correctness of books of accounts, receipts, and disbursements are well maintained
• To ensure safe custody of all funds, documents and property belonging to the SACCO and ensure their safekeeping. 
• To keep minutes of all general meetings and meetings of the Board of Directors 
• To prepare, approve, authorize, and sign all official correspondence of the SACCO. 
• To perform such other duties as may be directed by the Board of Directors.

Impact of Results 

• Effective and efficient overall planning, administration, coordination, and evaluation of all functions of the SACCO.

Qualifications and Skills

• Bachelor’s Degree in Business Development related field or its equivalent.  
• Accounting certification CPA (K) /ACCA or its equivalent.  
• A Diploma in Cooperative Management will be an added advantage. 
• A minimum of 5 years working experience of which 3 years must be at a senior management level preferably in a SACCO. 
• Knowledgeable in the SACCO business model and other operational issues. 
• Good analytical, Communication, and writing skills. 
• Excellent organization and interpersonal skills. 
• Change Agent – Introducing and implementing institutional changes and installing organizational development programs in regard to SACCO matters. 
• Must possess a high degree of integrity. 
• Strategic thinking and result-oriented. 
• Track record of good management and development skills. 
• Knowledge of Financial Accounting Reporting. 
• Ability to network with stakeholders.
• Planning & Organizing 
• Leadership 
• Entrepreneurial Awareness 
• Decisiveness and adaptability

Salary Budget is between KES 50,000- 70,000 based on experience and qualification. Always quote current and expected salary.

Click Here To Apply