Sacco General Manager Job in Kenya June 2014


Job Title: General Manager

Reports To: Sacco Board, Group Strategy and SBU Manager

Purpose of the job: The General Manager shall have overall responsibility for the management of the Sacco and shall directly report to the Board. 

The GM shall implement the Sacco Strategic Agenda and ensure sustained growth of the business and members satisfaction

Functions / Responsibilities / Experience:

  • Responsible for the organization’s investments and management of balanced investment portfolio.
  • Responsible for the management, development and maintenance of a high performance team by providing good leadership and effective supervision and guidance of staff members under his/her charge.
  • Responsible for the organization’s financial planning, forecasting and budgeting.
  • Responsible for management of costs so as to achieve business growth as outlined in the strategic plan
  • Responsible for supporting decision making through preparation, analysis and presentation of comprehensive, timely, reliable and compliant financial reports.
  • Ensure effective implementation of financial and accounting policies and procedures.
  • Management of the general and subsidiary ledgers in accordance with internationally accepted accounting and financial reporting standards and preparation of final accounts for audit.
  • Prepare and analyze on a regular basis the Sacco’s business plans, budgetary estimates and provide explanations on variances.
  • Provide support to all other functions to enhance organizational goals.
  • Ensure proper planning and forecasting of Sacco operations.
  • Prepare weekly, monthly and quarterly reports on performance of the Sacco to the board.
  • Ensure compliance with statutory and regulatory requirements.
  • Any other duty as delegated by the SACCO Board and Group Management.
Skills / Experience:


  • Strong Leadership Skills,
  • Strong communication and Negotiation skills.
  • Good interpersonal skills.
  • Planning and organizational skills.
  • Good presentation skills.
  • Complaints handling skills.
  • Listening and questioning skills.
  • Good in relationship building and maintaining.
  • Excellent sales and marketing skills.
  • High initiative and ability to work independently with minimum supervision,
  • A person of high integrity and ethical behavior is a key requirement,
  • University Degree in Commerce/Finance /Accounting.
  • CPA ( K)
  • Qualifications in Sacco operations, Diploma  in Co-operative Management, Business Management, Microfinance, Marketing, Entrepreneurship or any other relevant field would be an added advantage.
  • At least 7 years’ experience in Sacco/financial management position.
  • Two years minimum experience with a reputed Sacco at Management level.
  • Computer skills (Ms Word, Excel);
Key Measurable Goals
  • Achievement of SACCO strategic plan.
  • Compliance with SACCO ACT.        
  • Profit Realization.
Immediate Subordinates: Line Managers

Send your applications to attaching your Resume and Certificates by close of Business 1st July 2014.
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