Summary
Date Posted: Friday, February 07, 2020 , Base Salary: Not Disclosed

JOB DETAILS:
Our client, Ushuru Sacco Society Ltd, is a leading open bond Sacco offering a wide range of products in loans and savings, dedicated to the provision of high level of service. The Sacoo is registered under the Co-Operative Societies Act Cap 491, and licenced by the Sacco Society Regulatory Authority SASRA). .

Key Responsibilities
Managerial Responsibilities
• Management of staff in the department:
• Recommend training needs for staff in the department;
• Performance management Le goal setting and appraisal for the staff in the department:
• Develop and enforce application of policies, procedures and the legislation, and
• Manage relationships with other departments Le play the business partner role.
Operational Responsibilities
• Custody of the strong room and ensuring safe custody of the Society's cash and other assets;
• Supervising and assigning duties to Teller:
• Confirming of cheques for clearance:
• Co-coordinating Fosa daily transactions and cash requirements:
• Keeping treasury book and ensuring adequate cash reserves are maintained;
• Forecast and make requisition for cash withdrawals based on demand;
• Reconciliation of cash accounts and customer deposits accounts;
• Growth on deposits Administering and interpreting the Society's FOSA policies, procedures and standards:
• Ensuring accurate records pertaining to FOSA operations are maintained;
• Ensuring adherence to cash security arrangements as regards to alarm systems, cash limit, safe and strong room;
• Advising and proposing changes in plans, policies and work procedures in the FOSA:
• Advising the immediate supervisor about training needs and promotions of FOSA employees
• Custodian of the Keys Register in the FOSA:
• Approving debit card applications and linking the cards once issued to members:
• Carrying out snap check on the tellers’ cash and Debit cards & PIN registers to ensure reconciliations are done on daily basis;
• Ensuring general cleanliness and tidiness within the FOSA premises and
• Any other lawful duties that may be assigned from time to time.
Financial Responsibility
• Prepare the annual budget for the department:
• Collate and guide on procurement budgets, and
• Approving and monitoring expenditures for the department..

Job Skills: Not Specified

Requirements
• The successful candidate must have 5 years' experience in the SACCO field, 3 of which must be as a Fosa In-Charge or similar position:
• A Degree in Business, Finance or Economics:
• A diploma in Banking or Co-operative Management or its equivalent will be an added advantage, and
• CPA (K) or its equivalent will be an added advantage..

Job Education Requirements: Not Specified

Job Experience Requirements: Not Specified

Work Hours: 8

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Job application procedure
Send your updated CV to recruitment@sheerlogicltd.com  by 13 February 2020. Clearly indicate the job title.

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