Summary
Date Posted: Monday, August 17, 2020 , Base Salary: Not Disclosed

JOB DETAILS:
A well established and fast growing tier two Sacco in Kenya regulated by the Sacco Societies Regulatory Authority wishes to recruit a suitably qualified and experienced Kenyan to fill the position of the CHIEF EXECUTIVE OFFICER. .

ROLES & KEY RESPONSIBILITIES
The primary roles and responsibilities of the CEO to the Board of Directors shall include but not be limited to:-
• Managing day to day operations of the Sacco and overseeing the Sacco’s legal, regulatory and statutory functions in order to direct the Sacco to achieve the set objectives and goals.
• Provide support to the Board of Directors by organizing all Board; Sub-Committees meetings, Annual and Special General Meetings and Supervisory meeting as scheduled.
• Overseeing the implementation of the Sacco short and long term strategies.
• Communicate on behalf of the Sacco to members, employees, Government authorities, other stakeholders and the public.
• Develop planning processes that shall facilitate achievement of targets and objectives through formulation of Strategic Plan, Business Plans and Annual Budgets.
• Strengthen credit administration, growth and quality loan portfolio.
• Provide reports to the Board on monthly, quarterly and annually on the performance of the SACCO.
• Ensure that Sacco officials comply with governance rules as prescribed by ethics commission for co-operative societies established under Public Officer Ethics Act.
• Provide to the Board from time to time on business development and marketing activities, growth of membership and business, FOSA and branch operations.
• Establish appropriate leadership system that will attract, inspire, develop and retain a highly skilled, motivated and disciplined staff to enhance the performance of the Sacco.
• Prepare annual work plans including procurement plan for the Sacco.
• Implement performance management and appraisal system in the Sacco based on business and strategic plans in order to facilitate proper utilization human and other resources.
• Ensure the Sacco ICT systems are well designed to meet dynamic business requirements and all control measures in managing the systems are adequate and well monitored by relevant officials and relevant reports are maintained.
• Ensure that all necessary business processes are in place to support the Board and staff of the Sacco to make sound and adequate informed choices and decisions.
• Ensure the society budgets are prepared, approved and implemented as per the SACCO policies.
• Ensure that the society operations adhere to all systems of internal controls, standards and policies including its environment.
• Ensure that proper records and books of accounts are maintained according to the Cooperative Societies Act, International Financial Reporting Standards (IFRSs), Sacco Societies Act and other legislations and regulatory requirements.
• Ensure that final financial statements are prepared in time and submitted to the relevant authorities.
• Liaise with Government and other regulatory bodies in all matters related to taxes, financial, administrative, legal, collection of outstanding debts and accounting reporting requirements.
• Ensure that procurement of goods, works and services of the Sacco are governed in accordance with the SACCO procurement policy.
• Implement all recommendations made by Board of Directors, Sacco members, government regulatory bodies, internal and external audit auditors and consultants based on agreements arrived at with BOD.
• Promote the Sacco corporate image by representing the society in a professional manner and ensure the Sacco maintains high standards of corporate citizenship and social responsibility.
• Discharge any other duties assigned from time to time by the Board.

Job Skills: Not Specified

QUALIFICATIONS
• Master’s degree in Accounting, Finance or Business related areas.
• A degree in Business Administration, Accounting, Economics or any other business related degree from recognized university.
• Must be a CPA (K)/ACCA holder and be registered with ICPAK (in good standing)
• Minimum of 10 (ten) years relevant experience at managerial level in a financial institution.
• Good in communication, analytical, organizational and interpersonal skills.
• Track record of good management, administrative and business growth skills.
• Must be tactical and excellent negotiations.
• Good Knowledge of computerized accounting systems.
• Familiar with business strategies, prudential standards in management of financial institutions.
• Aged at least forty five (45) years.
Successful applicant will serve on a 5 year contract as per Sacco Human Resource Policy.

Job Education Requirements: Not Specified

Job Education Experience: Not Specified

Work Hours: 8

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Job application procedure
Interested candidates are asked to forward a soft copy application letter enclosing detailed Curriculum Vitae accompanied by copies of academic, professional and constitutional clearance certificates, National ID, testimonials, names and contact of two referees including your current or former supervisor. In your application letter indicate the current and expected salary.
E-MAIL your application to: hr-recruitment@careers.co.ke to reach us on or before 7th September, 2020 at 5.00 pm.
While applying please quote the title of the position and include day and evening telephone numbers.
For more details link at: www.careers.co.ke 
Kindly take note that only shortlisted candidates will be contacted.

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