Banking Jobs in Kenya - SACCO

Stima

Savings and Credit Cooperative Society Limited (Stima Sacco) is a leading

country-wide, fast growing and licensed DTS (Deposit Taking Sacco) with an

asset base of Kshs 20.5B, a loan book of Kshs 17B, and membership of 60,000

derived from the energy, utilities, services, small and micro enterprises

(SMEs) and other sectors. 

Its

key priority in the 2016-2020 Strategic Plan is to transform its business model

and grow the business through innovative products, unparalleled customer

service, aggressive resource mobilization and expanded distribution

channels.  

In

order to achieve the planned growth, the Sacco is looking for qualified and

competent professionals to fill the following vacancy:

 
Reporting to the Chief Executive Officer, the Chief Manager Finance will be

responsible for strategic financial planning and management, financial

advisory, resource mobilization and reporting. 

The

successful candidate will provide effective and efficient co-ordination and

supervision of accounting, financial and treasury management through the

development and implementation of sound accounting and financial systems and

internal control procedures in accordance with regulations, standards and Sacco

policies and procedures.

Society Vision: To

redefine financial wellness

Duties

and Responsibilities

• Overall
  
  management and co-ordination of the finance division by leading,
  
  directing, planning and controlling of all aspects of reporting,
  
  budgeting, final accounts and liaison with internal and statutory
  
  auditors.


• In
  
  liaison with the Chief Executive Officer (CEO), formulate corporate
  
  financial strategies, monitor and oversee their successful implementation
  
  and ensure compliance with approved policies and prudential regulatory
  
  standards.


• Create
  
  and maintain strong financial discipline, provide periodic financial
  
  information and reports on the Sacco’s performance to the Board of
  
  Directors and the senior management team.


• Maintain
  
  strong internal policies, processes and controls in order to provide
  
  timely, consistent and accurate financial, treasury and management
  
  information for effective decision making.


• Maintain
  
  good working relationships with various stakeholders towards attainment of
  
  the Sacco’s corporate plans and investment programs.


• Evaluate
  
  and measure finance & business performance against the Sacco’s
  
  strategic plan, make recommendations and presentations to enhance
  
  organizational performance to meet shareholders’ expectations.


• Attend
  
  the Board Finance, Investments and Credit (FIC) Committee meetings as the
  
  Committee Secretary.

Key

Qualifications and Skills

• KCSE
  
  Grade B or its equivalent


• A
  
  Bachelor’s Degree in Accounting, Finance or equivalent and a Master’s
  
  degree in Business Administration, Finance, Commerce, Accounting, or other
  
  related field.


• A
  
  professional accounting qualification CPA (K), ACCA, ACA and a member in
  
  good standing of ICPAK for the last 5 years.


• A
  
  minimum of ten (10) years working experience in financial management, 5 of
  
  which must be in a senior management level as a Finance Manager or its
  
  equivalent.


• Knowledgeable
  
  in all aspects of financial institution, IFRS standards, and SASRA
  
  guidelines.


• The
  
  ideal candidate will have experience of taking final responsibility for
  
  the quality and content of all financial data, reporting and coordination.


• Ability
  
  to translate financial concepts and collaborate with other colleagues who
  
  do not necessarily have finance backgrounds.


• A
  
  successful track record in setting priorities; keen analytic, organization
  
  and problem solving skills which support and enable sound decision making.



• Maturity
  
  in negotiations with lenders, financial restructuring agencies will be an
  
  added advantage.


• Ability
  
  to work collaboratively with employees across functions, cultures, and
  
  geographies.


• Aptitude
  
  for understanding product functions and how they can solve customers’
  
  problems.


• Ability
  
  to convey information clearly and provide analysis as needed to help
  
  customers make buying decisions.

Chief Manager – HR & Administration
 

Reporting

to the Chief Executive Officer the job holder will have a proven track record

of providing leadership in strategic human resources management and

administration in a financial institution and will be responsible for

delivering the Society human resource and administrative strategies.
 

A key

part of this role will be to provide leadership in change management,

organisational development initiatives, ensuring staff motivation by creating a

conducive working environment

Society

Vision: To

redefine financial wellness
 

Duties

and Responsibilities

• Lead
  
  and provide thought leadership in the development and implementation of
  
  human resource strategies, policies, and procedures to achieve Stima Sacco
  
  strategic objectives.


• Develop
  
  Society human resources strategies through analysis, strategic thinking
  
  and direction and; establishment of human resources objectives in line
  
  with Society’s objectives.


• Staff
  
  management involving implementation and analysis of performance,
  
  evaluation process, staff development programmes, managing the annual
  
  training budget, assessing competency, skill gaps, coordination of
  
  learning and motivational programmes.


• Fostering
  
  the workplace environment consistent with Stima Sacco mission, vision and
  
  value; enabling motivation, productivity, loyalty and safety of employees
  
  in every area of the Society.


• Ensure
  
  continuous development and maintenance of an effective performance
  
  management system.


• Maintain
  
  a robust remuneration strategy and attractive terms and conditions of
  
  employment.


• Lead
  
  and contribute to the development and implementation of appropriate change
  
  management initiatives.


• Managing
  
  employee performance, conducting human resource audit and training needs
  
  assessment and staff development programmes.


• Ensure
  
  efficient and effective administration services including maintenance of
  
  Stima Sacco property and offices.


• Attend
  
  the Board HR Committee meetings as the Committee Secretary.

Key

Qualifications and Skills

• KCSE
  
  Grade B or its equivalent


• A
  
  Bachelor Degree in Commerce/Business Administration/ or related field with
  
  a specialization in Human Resource Management.


• A
  
  Master’s of Science/ MBA-Human Resource Management from a recognized
  
  university


• A
  
  Professional qualification in human resources management and a member in
  
  good standing of IHRM for the last 5 years.


• A
  
  minimum of ten (10) years’ experience in managing human resources and
  
  administration functions, five (5) of which must be in a senior management
  
  level.


• The
  
  ideal candidate should also have the experience in spearheading HRIS
  
  systems implementation.


• Be
  
  able to demonstrate evidence of inspirational leadership with the ability
  
  to lead in an environment of constant change.


• Proven
  
  management skills including planning, supervision, mentoring and coaching.


• In-depth
  
  knowledge of labour laws and other employment regulations.


• Solid
  
  problem solving and business acumen skills.


• Must
  
  demonstrate strong interpersonal skills with an ability to handle complex
  
  situations effectively while building cordial relationships.


• Able
  
  to demonstrate good organizational, analytical and administrative skills.


• Be
  
  fluent in written and verbal English with highly effective communication
  
  and influencing skills.


• Strong
  
  strategic management and leadership skills.


• A
  
  good team player with ability to manage and work with diverse Teams


• The
  
  candidate should be of the highest ethical standards, integrity and
  
  professionalism.

Qualified

applicants should send their Application Letter and Detailed CVs to
chiefmanagerhr2@stima-sacco.com on or before 5pm on 3rd June 2016 indicating

the position applied for as the subject line.

Only Shortlisted Candidates will be contacted.