Tasks and Responsibilities
Provide leadership in overall financial management in
the preparation of the Sacco’s financial statements, budget formulation and
Sacco investment strategy.
Preparation of timely, consistent and accurate
financial statements in accordance with the 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 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
equivalent professional body.
Sound knowledge of Banking and Sacco laws and
regulations
A person of integrity, team player with effective
communication skills
Strategic thinker with good commercial judgement and
ability to identify economic opportunities in changing environment and
capitalize on them
Sound judgement 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
