Kimisitu Sacco Society Limited is a national Savings & Credit Society with an asset base of Kshs 5.1 billion and a membership of over 7,200 drawing its members from Non-Governmental Organizations (NGOs), Embassies, International Missions and other Reputable Organizations in Kenya.
Our mission is to empower members economically by providing quality financial services through prudent mobilization of resources and excellent customer care.
Job reference No: KMS-CEO-01-2019
Job Title: Chief Executive Officer
Department: CEO’s Office
Terms: 3 years renewable contract
Position Reports to Board of Directors
We are looking for a dynamic and results oriented Chief Executive Officer.
Reporting directly to the Board, the incumbent will develop and deliver business and people strategies which support the Sacco’s overall strategic aims and objectives. S/He will lead Management in creation of a stable and supportive environment within which to Manage and grow the society’s business ensuring strategy execution.
Purpose of the Job
Provision of overall management and Steering the Sacco to achieve its set objectives
Duties and Responsibilities
I. Managerial Roles and Responsibilities
a) Formulate and implement policies and strategies for the Society’s effective operation;
b) Oversee execution of all business processes within the set policies, procedures, norms and standards;
c) Provide strategic direction and leadership to the Management and the technical advisory to the board.
d) Ensure the Society has set policies and procedures and in consultation with the Board ensure they are followed and reviewed where necessary;
e) Enforce compliance and implementation of Board policies;
f) Provide overall coordination of the day to day affairs of the Society;
g) Facilitate the preparation and implementation of annual work plans, procurement plans, budgets, goals and objectives;
h) Manage the Society’s resources within budgetary guidelines according to the institution’s policies and cooperative laws and regulations;
i) Ensure maintenance of effective external/internal controls to safeguard the Society’s assets and oversee the annual/quarterly or ad hoc financial audit processes as required;
j) Facilitate adequately the availability and development of the human resources; and
k) Ensure the Society’s vision, mission, products and services are consistently presented in a strong, positive image to relevant stakeholders – Media, public and private sector as well as the membership.
II. Operational Roles and Responsibilities:
a) Promote management and technological innovations to enhance organizational efficiency and productivity;
b) Ensure funds due to the Society are promptly collected in accordance with existing procedures;
c) Submit reports to the Board, concerning performance, plans and recommendations for action;
d) Present the Society’s annual capital and revenue budgets to the Board for adoption;
e) Oversee financial management and investment undertakings by ensuring that sound policies and practices are adopted for optimal utilization and returns as well as ensuring adherence to Society’s budget;
f) Oversee effective management of human resources for optimal productivity through policies and strategies that attract and retain qualified and competent staff;
g) Provide strategic linkages with the corporate world, business community, government agencies and other social partners for the benefit of the Society’s growth;
h) Ensure corporate compliance with all statutory, legal, social and regulatory requirements in the execution of its business strategies;
i) Manage corporate change through adopting policies and strategies that will ensure the effectiveness and business survival in delivery of services; and
j) Oversee development and implementation of corporate social responsibility initiatives and ensure that the image is well projected and protected;
III Perform any other duties as may be assigned by the board and from time to time.
Key Result Areas:
The jobholder’s accountability areas are outlined as follows:
Effective and optimal utilization of assets and resources in the Society
Improved productivity levels
Prudent Financial resources management
Effective linkage and partnership with external partners, stakeholders and public.
Effective strategy formulation, planning and implementation.
Efficient customer service, growth and sustenance
Effective leadership, supervision and management of manpower resources across the organization
Knowledge and Skills Required:
The jobholder must possess:
A minimum of master’s degree qualifications in Business Administration, Strategic Planning or equivalent
A minimum of twelve (12) years of related work experience with extensive executive-level management experience of at least 7 years.
Professional Membership with relevant professional bodies Must be a visionary with ability to drive change and transformation in an organization
Must demonstrate high level strategic thinking with ability to drive and execute the organizations strategic plan
Must have high level problem solving and decision making abilities
Must have experience working with boards and have a clear understanding of corporate governance principles
Should be able to articulate and inculcate the organization’s mission, vision and values to the employees
Must be an effective communicator with ability to communicate both internally and externally
Should demonstrate the ability to targets and initiates business partnerships with other companies
Must have high level of integrity and ethical practice
Should demonstrate ability to identify potential risks likely to face the organization
Should have proven and demonstrated Leadership skills
Should have a strong business acumen and ability to influence stakeholders
Must be assertive, proactive and diligent with commitment to the highest standards of service delivery
Must have knowledge in use of ERP Systems, MS office packages and any other relevant business solution systems
A minimum of twelve (12) years of related work experience with extensive executive level management experience of at least 7 years.
The data form must be filled in full. Incomplete forms will be disqualified. Applications close on 29th January 2019.
Clearly state the subject of the email as Chief Executive Officer.
Only shortlisted candidates will be contacted.
Kimisitu Sacco is an equal opportunity employer.
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