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KETEPA Regulated NON WDT Savings and Credit Co-operative Society Limited is a fast-growing Sacco based in Kericho, Kenya and regulated by Sacco Societies Regulatory Authority.

The Board of Directors is now seeking to recruit a result oriented, self-driven and visionary Chief Executive Officer with good professional and ethical standing to lead the Sacco to the next level of success.

Reporting to the Board of Directors, the Chief Executive Officer will be engaged on an initial 3-year contract renewable subject to successful execution of ambitions deliverables. The position will be based in Kericho, Kenya.


The Chief Executive Officer (CEO) shall be responsible to the board of directors for the day- to-day running of the Society. The key duties and responsibilities shall include:

  1. The development / implementation of and adherence to the policies, procedures and standards in consultation with the board;
  2. Ensuring systems that have been established to facilitate efficient operations and communication are followed;
  3. Ensuring the planning process that has been developed to facilitate achievement of targets and objective is adhered to;
  4. Attending to all staff matters, particularly human resource development and training, staff performance reviews are attended to;
  5. Adherence to the established code of conduct;
  6. Compliance with the Act, Regulations, Co – operative Act, Rules, By laws and any other applicable laws.’
  1. To manage the daily affairs of the society in a competent manner;
  2. To cause to keep proper books of records and register and have custody of all funds, securities, valuable papers and other assets of the society;
  3. To attend Board of Directors meetings and the delegates meetings in an advisory capacity but have no voting rights;
  4. To prepare and analyse on a monthly and quarterly basis the society's business plan and budget;
  5. To represent the society in business transactions and any other transaction authorized by the Board of Directors;
  6. To provide information required by the Supervisory Committee in time;
  7. To propose to the Board of Directors new and replacement positions at the Society;
  8. To implement recommendations set forth in the audit reports and those issued by the Supervisory Committee;
  9. To ensure that accounting records are consistently maintained with up to date and in-balance conditions, and that trial balances, Statement of comprehensive income, statement of financial position, cash flows statements, budgets, delinquency reports and other related information are regularly completed and reported to the relevant Committees, and that all accounting records are kept in accordance with generally accepted accounting principles;
  10. Ensure that adequate insurance is in place to protect the assets of the Society against potential loss, including but not limited to the following hazards; fire, windstorm, flood, civil disturbance, theft, robbery, burglary, collapse of building, power damage, etc;
  11. Direct and supervise the administration and processing of loan applications by appointed loan officers;
  12. Establish a pricing strategy for products and services, in which the interest rate structure will seek a balance between meeting members’ needs for loans, and the long-term viability of the institution, considering: Costs, particularly those related to members savings, dividends, the allowance for loan loss, and operating expenses;
  • The need for a strong capital position, which is essential to the Sacco's long-term viability and future growth.
  • The competition's pricing structure, given the competitive nature of the financial market.
  1. Any other duty that may be assigned by the Board of Directors.

Cpa K Diploma In Cooperative Management Bachelors Degree In Business Administration Bachelors Degree In Co-orporative Management Bachelors Degree In Co-orporative Management

  • Are holders of a Business-related degree or its equivalent from a recognised university or Bachelor’s Degree and CPA (K) or its equivalent or
  • CPA (K) and have satisfactorily served as Finance Manager or Internal Auditor in the Society or a comparable position with similar responsibilities in the Society or in like organizations for a minimum period of 3 years.
  • A Masters degree in a relevant field shall be an added advantage.
  • A degree or Diploma in Co-operative Management will be an added advantage.

More Details on Experience

  • Minimum 4 years relevant experience in a financial institution
  • Have demonstrated high financial management capability.
  • Have knowledge of Information Technology.

More Details on Skills

  • Judgment and decision-making ability
  • Able to handle difficult customers with diplomacy and tact
  • Accuracy and attention to detail
  • High financial management capability
  • High leadership and administrative capacity.
  • Excellent communication skills.
  • Proficient in Microsoft office suite

Terms And Conditions

All applications to be submitted through My Jobs In Kenya before 6th December 2021