KUSCCO Chief Executive Officer Jobs in Kenya
Job Purpose:
This role is responsible for providing overall leadership and strategic direction towards achievement of the SACCO’s objectives and goals in accordance with the strategic, operational work plans.
Key Duties and Responsibilities:
Strategy Management:
• In liaison with the Board of Directors and other stakeholders, drive strategy formulation and implementation to realize organization’s mission and set objectives;
• To lead and oversee implementation of strategies that create a high performing SACCO culture, based on sound management principles and practices, in accordance with relevant cooperative legislations and other internal policies and regulations of the SACCO
• Oversee the preparation of the organization’s annual work plans, budgets and reports by the relevant head of departments.
• Prepare, consolidate and submit quarterly organization’s performance management reports for presentation to the Board;
• Communicate to the employees on agreed strategic directives and policies
• Manage corporate change through formulation and implementation of policies and strategies that will ensure the effectiveness and sustainability of the SACCO.
• Act as the SACCO Accounting Officer, technical advisor to the board and provide general
administration and financial oversight to the SACCO,
• Keeps the Board of Directors informed of existing or impending Board policy issues;
• Keeps the Board members abreast of current issues, opportunities and potential risks of the SACCO.
• Develop and implement day to day strategies, processes, policies and procedures that ensure efficient, professional and profitable operations
SACCO growth and Sustainability
• Monitor and review performance of the Sacco on a continuous basis so as to undertake timely interventions where appropriate
• Oversee consistent delivery of high-quality members’ service and drive membership enrolment and retention strategies
• Responsible for prudent financial management by ensuring sustained revenue growth, enforcing financial controls and relevant investments in line with set budgetary provisions
• Organize Board of Directors’ meetings as per laid down calendar and act as the Secretary to the meetings;
• Oversee organization risk management processes and ensure compliance to legal and statutory requirements as stipulated by SASRA, KRA and other applicable Kenyan legislation through formulation of policies and procedures.
Operations management
• Keep the board appraised of the operations of the Sacco Society through presentation of relevant monthly, quarterly, Board papers and other reports.
• Implement Management and supervisory Board reports
• Prepare and submit annual work plans for the following year to the Board for approval.
• Implement the organization’s operations policies, processes and systems;
• Act as a mandatory signatory to the organization’s bank accounts;
• Sanction all key financial and procurement transactions
• Provide leadership and guide management team responsible for functional activities towards attainment of organization’s strategic goals and objectives
• Develop and maintain positive relationships through engagement with all stakeholders in order to meet organization’s targets and goals.
• Guide on proper utilization of Information Communication Technology (ICT) for purposes of achieving organization’s overall strategy
• Maintain proper custody and records of SACCO property, assets and all accountable documents
• Enforce strictly the SACCO procurement policies and procedures
Human Resource management
•
Oversee the formulation and implementation of Human Resource policies and procedures
• Approve and direct recruitment, succession planning, employee performance, and reward management to retain talent and ensure organizational stability
• Advise the board on staffing gaps and participate in the recruitment and selection of the right staff for the SACCO
• Champion and entrench a performance – oriented culture across the organization
• Provide direction of employee remuneration and benefits scheme
• Provide coaching and mentorship to the management team
• Provide leadership and mentorship to all staff continuously, build team spirit and implement measures that ensure optimal staff performance and effectiveness
• Encourage continuous staff creativity and innovations to improve SACCO’s efficiency and effectiveness
• Evaluate performance of the Heads of Departments by conducting a quarterly and annual performance appraisal
Corporate Affairs
• Manage and uphold the positive reputation and image of the SACCO.
• Create positive engagement with key stakeholders by providing accurate and consistent information about the SACCO
• Oversee proper communications and updates to all the key SACCO stakeholders as well as customer relationship management programs that keep the SACCO on a growth path and maximize its profits.
• Market and represent the SACCO competently and adequately
• Represent the SACCO in official forums as may be required by the board from time to time
Corporate Governance
• Maintain and Uphold the Governance framework for the SACCO in line with SASRA requirements.
• Works closely with the Board in order to ensure that the focus of Board Meetings is on the right issues, information is available in a timely and effective manner and the best advice and counsel are drawn from Board members during meetings and as required throughout;
• Timely, accurate and regular reporting to the shareholders and regulator
Level of Education/ Academic Qualification:
• Bachelors’ degree in Business Related field from a recognized university, preferably in Finance/Accounting
Specialised Training/Professional Qualifications
• CPA (K) or equivalent
• A Diploma in Cooperative Management will be an added advantage
• Full ICPAK Membership
Relevant Job Experience:
Technical & General Competencies
• Strong visionary with proven leadership qualities.
• Conceptual, analytical, communication, report writing, negotiation, networking and problem-solving skills,
• Commercially oriented, professional expertise and financial orientation.
• People focused and performance champion
• High level of integrity, credibility, and character.
• Strong business networking and collaboration skills
• Strong reporting and negotiation skills
• A thorough understanding and application of SACCO policies and procedures
How to Apply
For more information and job application details, see; KUSCCO Chief Executive Officer Jobs in Kenya
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