JOB DETAILS:

Job Purpose

The SACCO Manager is responsible for the overall management and strategic leadership of NDA Staff SACCO Ltd. This includes overseeing financial operations, risk management, regulatory compliance, member services, and business growth, The Manager ensures the SACCO remains financially sustainable, operationally efficient,  and aligned with its vision of empowering members.

Key Responsibilities

Leadership and Strategic Management

• Provide strategic direction and leadership to ensure smooth SACCO operations.
• Develop and implement operational plans in line with the SACCO's strategic objectives.
• Supervise SACCO staff, ensuring productivity, teamwork, and accountability
• Prepare and present periodic performance reports to the Board of Directors.
• Oversee member engagement strategies to enhance growth and retention.

Financial Management and Reporting

• Develop and monitor financial plans, budgets, and forecasts.
• Ensure effective cash flow management, liquidity, and resource allocation
• Oversee accounts payable, receivable, and payroll functions.
• Prepare and submit monthly, quarterly, and annual financial reports.
• Ensure timely completion of month-end and year-end financial closures.

Risk Management and Compliance

• Ensure compliance with regulatory requirements, tax laws, and cooperative society regulations.
• Implement internal controls to safeguard SACCO assets and mitigate financial risks.
• Facilitate internal and external audits, implementing recommendations where necessary.
• Monitor and enforce compliance with SACCO policies, procedures, and bylaws.

Credit and Investment Management

• Oversee the SACCO's loan portfolio, ensuring proper risk assessment and recovery measures.
• Implement effective credit management policies to minimize default risks.
• Manage SACCO investments, ensuring optimal returns while maintaining liquidity.
• Provide financial analysis and recommendations on investment opportunities.

Administrative and Human Resource Management

• Develop and enforce administrative policies and operational procedures.
• Oversee procurement processes and asset management.
• Manage office operations, ensuring efficiency and cost-effectiveness.
• Supervise staff recruitment, training, performance evaluation,        and development.

Member Relations and Customer Service

• Ensure effective communication and engagement with SACCO members.
• Oversee member savings, loans, and financial transactions with accuracy and efficiency.
• Develop and implement customer service strategies to enhance member satisfaction.

Reporting Structure

The SACCO Manager reports directly to the Board of Directors and works closely with committees, staff, and regulatory bodies.

Qualification:

• A Bachelor's degree in Finance, Accounting and Business Administration, Management or related fields.
• Possession of relevant professional qualifications, such as: CPA, ACCA, or CFA.

Experience

• At least three (3) years' experience in the area of financial management in a SACCO or a reputable organization.
• Practical experience in the field of Management and Administration of SACCOs or any reputable organization(s)