REF: (CCBI/ACC/06/24)
Tasks and Responsibilities
- Provide leadership in overall financial management in the
preparation of Sacco’s financial statements, budget formulation and Sacco
investment strategy.
- Preparation of timely, consistent and accurate financial
statements in accordance with Sacco’s policies and procedures and
statutory reporting.
- Interpretation of financial information to the Board.
- Monitoring cash flows and conducting forecasts that provide
guidance to the Sacco in planning and decision-making.
- Initiate and implement sound management policies to ensure
accounting processes and procedures are effective, with performance
monitoring systems that comply with prudential regulatory standards and
risk management strategies.
- Establish good working relations with professionals (bankers,
auditors or statutory organizations) and regulators such as SASRA that
support growth of a vibrant financial institution.
- Timely submission of regulatory reports
- Update the Sacco Board and management on changes in
legislation or regulations that may affect business operations.
- Overseeing Human Resource management and development
- Organizing all Board and subcommittee meetings, AGMs and SGMs,
supervisory and joint
meetings as well as any other special or impromptu meetings - Keeping minutes of all general meetings and meetings of the
Board of Directors
- Performing such other duties as may be directed by the Board
of Directors
Minimum Qualifications and Attributes
- A Bachelor’s Degree in Finance or a related field preferably
Bcom or BBM/ (Finance and Accounting) option
- A professional accounting qualification CPA K or ACCA
- Diploma in Cooperative Management will be an added advantage
- 5-7 years’ experience in Financial Management in a financial
institution.
- Preferably a member in good standing with ICPAK or an
equivalent professional body.
- Sound knowledge of Banking and Sacco laws and regulations
- A person of integrity, a team player with effective
communication skills
- Strategic thinker with good commercial judgment and the
ability to identify economic opportunities in a changing environment and
capitalize on them
- Sound judgment and decision-making ability on lending across
all sectors
- Customer-focused – striking a solid balance between external
and internal customer orientation.
- Excellent leadership, interpersonal, and team management
skills
How To Apply
Interested and qualified applicants are requested to
click on the link below fill out the online application form and submit
it by 11th July 2024. Any applications received after the closing date
shall not be accepted. Interested and qualified? Go to Co-operative Bank of Kenya on
forms.office.com to
apply
