SACCO Manager

  • Timely presentation of financial, management and regulatory reports to the board, the members and authorized third parties including auditors, regulatory authority and the ministry for cooperatives development and marketing.
  • Ensure compliance with statutory and regulatory requirements.
  • Timely implementation of the board recommendations and giving prudent advice to the Sacco.
  • Ensure growth in assets, revenues and net incomes of the society.
  • Manage costs and expenses within the approved budgets.
  • Reviewing and formulating policies, procedures and practices for SACCO operations.
  • Directing and supervising the administration and processing of loans.
  • The Manager will ensure that all statutory deductions are made correctly and that all amounts due and the necessary returns are submitted by the due dates.
  • Coordinating external audit exercises and implementing recommendations set forth.
  • Representing the Society in business transactions and any other transactions authorized by the Board Chairman.
  • Attending board meetings and AGM in an advisory capacity and implementing the resolutions made.
  • Carry out such other duties as prescribed in the By-Laws or directed by the Board.


Qualifications, Experience & Skills

·         A Bachelor’s Degree in business related field.

·         CPA (K).

·         Member in good standing of relevant professional body – ICPAK.

·         Minimum of C+ in KCSE or its equivalent.

·         At least 5 years relevant experience of which at least 2 years must have been in a supervisory capacity preferably in a Financial institution.

·         Prior experience and exposure in the Sacco industry.

·         A diploma in Co-operative Management will be an added advantage.

·         Combined knowledge in general management/administration as well as accounting.

·         Knowledge of national and industry related financial principles.

·         Knowledge of Navision Sacco Management system.

·         Age 35 years and above.

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