Duties & responsibilities

Reporting to the Board of directors, the Chief Executive Officer shall be responsible for the dayto-day running of the Sacco operations. Specific duties shall include;

• Co-ordination of the Sacco activities to ensure optimum and efficient utilization of all Sacco assets and resources.
• The implementation of and adherence to the policies, procedures and standards
• Management of the daily affairs of the Sacco in a competent manner
• Ensure selection of competent and qualified personnel
• Supervision of all members of staff
• Setting up performance management system and evaluation of staff performance
• Manage the Sacco’s budget ensuring spending is in line with overall budget
• Monitor key performance areas and ensure all targets are met
• Review and implement regulations, internal systems, structures, procedures and controls to improve the quality of service
• Implementation of the Sacco’s Strategic plan, policies and business plans
• Manage the credit portfolio and provide reports to the Board of directors.
• Attend all board of Directors meetings on an advisory capacity
• Represent the Sacco in forums, business transactions and any other transaction authorized by the Board of Directors;
• Ensure compliance with all statutory requirements & relevant bodies.
• Timely preparation and presentation of various progress reports to board of directors
• Any other lawful duty that may be assigned by the Board of Directors.

Attributes/Skills

• Proven leadership and administrative capacity
• High financial management capability
• Judgment and decision-making ability
• Excellent communication and presentation skills
• Sound knowledge of Saccos’ regulations and the regulator’s (SASRA) guidelines on Saccos
• Comprehensive knowledge of the Sacco business model & other operational issues of the Sacco
• Strategic thinking and results oriented.
• Proficient in Microsoft office suite.
• Must possess a high degree of integrity.

Qualifications

The candidate should have:

• A Master’s degree in Accounting, Finance or its equivalent from a recognized Institution.
• A Bachelor’s degree, in Business related field from a recognized Institution.
• CPA (K) or its equivalent from a recognized institution
• A Diploma in Co-operative Management will be an added advantage.
• Must be a registered member with the Institute of Certified Public Accountants (ICPAK) of its equivalent professional bodies recognized in Kenya, with good strong standing
• 5 years practical experience in Sacco of which 3 years must be in a Senior management position
• Knowledge in Sacco management system
• Leadership/Supervisory course from a recognized Institution
• Age: 35 years and above.