Summary
Date Posted: Friday, June 19, 2020 , Base Salary: Not Disclosed

JOB DETAILS:
A dynamic, well established Savings and Credit Cooperative Society in the country, is seeking to recruit highly qualified result-oriented individuals for the following position;
Overall purpose of the Job
To oversee the operations of the recovery section and to ensure policies are adhered to with an aim of improving the Sacco's liquidity and the reduction of the delinquency. The role reports to the Head of Finance. .

Duties and responsibilities
• Developing, documenting, implementing, and maintaining a comprehensive recovery strategy
• Identifying, assessing and evaluating risk areas in recovery and making appropriate recommendations for improved collections of Sacco funds.
• Identify key risks that are associated with collaterals, assessing those risks, and establishing the best practices to counter and ensure effective collections.
• Working with other players in the market with a view to enforcing recoveries from members in default.
• Preparing accurate and timely monthly reports, clearly indicating performance and delinquency levels,
• Ensuring recovery and timely collection of Society's funds
• Refer matters to the Tribunal process, participation and provision of required documents/information
• Management of CRB listing and ensuring loans are listed appropriately
• Debt collection management including effective allocation of accounts for debt collection, reviewing debt collection performance both internal and external and making necessary recommendations
• Any other lawful duties that may be assigned from time to time.

Job Skills: Not Specified

Minimum academic and professional qualifications required
• A Bachelor's Degree in Accounting, Finance or equivalent,
• Master's degree is an added advantage,
• A professional accounting qualification CPA K/ACCA/ACA/CFA and a member in good standing with
• ICPAK or relevant professional body
• Minimum 5 years relevant experience
• Comply with Chapter 6 of the constitution of Kenya by obtaining the necessary documentation

Job Education Requirements: Not Specified

Job Education Experience: Not Specified

Work Hours: 8

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Job application procedure
Suitable qualified candidates should apply indicating the Job title and the Job advert number on the application letter and envelope, enclosing the application letter, detailed curriculum vitae, copies of academic and professional certificates, copy of national ID and relevant testimonials. Candidates should clearly provide telephone contacts and state their current and expected salary.
All applications should be received through the address below. The deadline for submission of all applications is on or before 3rd July, 2020 by 5.00pm.
DNA/NO.1040
PO Box 49010-00100,
NAIROBI.
Kindly note that only shortlisted candidates shall be contacted.

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