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Sacco Finance Manger At Co-Operative Bank Of Kenya

European Committee For Training And Agriculture

Banking / Financial Services full time Nairobi Posted 14 hours ago

KES 1,965 – KES 2,008

The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. This status was retained up to and until June 27th 2008 when the Banks Special General Meeting resolved to incorporate under the Companies Act with a view to complying with the requirements for listing on the Nairobi Securities Exchange (NSE). The Bank went public and was listed on December 22nd 2008. Shares previously held by the 3,805 Co-operative Societies and unions were ring-fenced under CoopHoldings Co-operative Society Limited which became the strategic investor in the Bank with a 64.56% stake. The Bank runs three subsidiary companies, namely: Kingdom Securities Limited: This is a stockbroking firm with the bank holding a controlling 60% stake. Co-opTrust Investment Services Limited: This is the fund management subsidiary wholly-owned by the bank. Co-op Consultancy & Insurance Agency Limited (CCIA): This is the corporate finance, financial advisory and capacity-building subsidiary wholly-owned by the bank. Our Vision To be the dominant bank in Kenya and the region, riding on the unique Co-operative Model providing innovative financial solutions for distinctive customer experience. Our Mission To offer a wide range of innovative financial solutions leveraging on our heavy investment in multi-channels, national and regional presence and with a focus on excellent customer experience by a highly motivated and talented team. Our Values We are Trustworthy We are Innovative and Agile We Value our Customers/People We Share and Collaborate We have Passion for Excellence We are Bold and courageous. Key Responsibilities Provide strategic financial leadership and oversee all finance and accounting operations. Lead budgeting, financial planning, forecasting, and preparation of financial reports. Manage cash flow and working capital to support smooth operations and institutional growth. Ensure timely preparation of statutory and regulatory reports and compliance with financial regulations. Oversee payroll administration, bank reconciliations, accounts receivable, and financial record management. Supervise payments to suppliers, maintenance of payment records, and preparation of member refunds. Ensure accurate postings, journals, account reconciliations, and updating of members’ accounts. Provide timely financial analysis and management reports to support strategic decision-making. Strengthen internal controls, accountability, and financial risk management. Qualifications & Experience Bachelor’s Degree in Finance, Accounting, Commerce, or related field. CPA(K)/ACCA qualification. Minimum of 5 years’ relevant experience, preferably in a Sacco or financial institution. Strong leadership, analytical, strategic planning, and financial management skills.