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.
Chief Manager Finance
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.
Qualified
applicants should send their Application Letter and Detailed CVs to
chiefmanagerfinance2@stima-sacco.com on or before 5pm on 3rd June 2016 indicating the position applied for as the subject line.
chiefmanagerfinance2@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
