Hardware SACCO Limited with membership drawn across the country wishes to fill the

vacant position of SACCO Manager on a Fixed Term Contract Basis to be based in

Mombasa-Miritini.

Position Summary

Reporting to Sacco Board of Director, the SACCO Manager is responsible for the overall

management and strategic direction of the SACCO, ensuring compliance with the Sacco

Societies Regulatory Authority (SASRA) guidelines, financial performance, member

satisfaction, and growth. This includes managing day-to-day operations, implementing

policies, delivering sustainable value to the SACCO and its members and generating reports

and reporting to the Board.

Key Duties/ Responsibilities

1.Strategic Leadership and Planning

 Develop and implement strategic plans to achieve the SACCO’s goals and

objectives in line with the Board’s directives.

 Lead and inspire the SACCO team to meet performance targets and uphold

organizational values.

 Provide regular updates and reports to the Board on performance, risks, and

emerging trends.

2.Financial Management

 Ensure prudent management of SACCO finances, including budgeting,

forecasting, and financial reporting.

 Oversee loan portfolio management to maintain healthy financial performance

and minimize default rates.

 Ensure compliance with SASRA regulations, including capital adequacy,

liquidity, and reporting requirements.

3.Membership Growth and Service Delivery

 Develop and implement strategies to attract new members and retain existing

ones.

 Ensure timely, efficient, and high-quality service delivery to members.

 Monitor feedback and address member concerns to maintain high satisfaction

levels.

4.Operations Management

 Supervise day-to-day SACCO operations, including loans processing, savings

mobilization, and customer service.

 Oversee the development and implementation of operational policies and

procedures.

Page 1 of 3 Ensure the SACCO’s IT systems are secure, efficient, and compliant with

regulatory requirements.

5.Regulatory Compliance and Risk Management

 Ensure full compliance with SASRA regulations, the SACCO Act, and other

relevant laws.

 Implement robust risk management frameworks to mitigate financial,

operational, and legal risks.

 Facilitate external audits and regulatory inspections, addressing any

recommendations effectively.

6.Human Resource Management

 Lead, mentor, and appraise SACCO staff to maintain a productive and

motivated team.

 Oversee staff recruitment, training, and development in line with organizational

needs.

 Foster a culture of accountability, professionalism, and continuous

improvement.

7.Stakeholder Engagement

 Liaise with the Board of Directors, members, regulators, auditors, and other

stakeholders effectively.

 Represent the SACCO in industry forums, regulatory engagements, and

member events.

8. Reports and Reporting:

 Ensure accurate, timely, and transparent reporting on financial, operational, and

strategic matters.

 Prepare performance reports for internal and external stakeholders, including

regulators and partners.

 Monitor and report on the achievement of strategic and operational goals.

 Ensure compliance with regulatory and statutory reporting requirements.

 Provide data-driven insights to support decision-making and improve Sacco

outcomes.

Academic and Professional Qualifications and experience required

 Bachelor’s degree in Business Administration, Finance, Economics, or a related field.

 At least 5 years of progressive experience in financial services, with at least 3 years in

a managerial role.

 Strong understanding of Sacco operations, Kenyan financial regulations (including

SASRA guidelines), and cooperative principles.

 Familiarity with relevant laws, including the Co-operatives Act and SASRA

regulations.

 Proven track record in strategic planning, financial management, and risk management.

Key Skills and Competences

 Excellent leadership, strategic and people-management skills.

 Self-starter, high energy level with strong interpersonal, verbal and written

communication skills, including stakeholder engagement

Page 2 of 3 Excellent report writing, presentation, project management and planning skills.

 Strong problem-solving abilities with sound judgment.

 Strong budgeting, investment management, and financial analysis skills.

 Strong organizational skills and the ability to prioritize work and set targets.

 Good decision-making skills with a sense of diplomacy, attention to detail, and good

analytical thinking ability.

 Demonstrates commitment to results delivery while exceeding expectations.

 Demonstrated high degree of sensitivity, and confidentiality when dealing with internal

and external customers

 Ability to grow, support, and develop talent within the department

 Highest level of personal moral and professional standing

How to Apply:

Interested and suitably qualified individuals should forward their updated CV (include the

current and expected Salary) only to the e-mail address, jaredodindo@gmail.com quoting

“SACCO Manager” in the subject line to be received by COB by 30th December, 2024.

NB-Only the shortlisted candidates will be contacted. Successful candidates shall

undergo background checks.