WASKOM SACCO LTD, a licensed SACCO providing tailored financial solutions to individuals and SMEs, is seeking to recruit a highly experienced and visionary Sacco Manager to lead its operations, drive strategic growth, and ensure full compliance with regulatory requirements.

Eleven Degrees Consulting Limited is a shared-service firm under the Mini Group of Companies, offering specialized recruitment and HR solutions to organizations across various industries.

Position Summary

Reporting to the Sacco Board of Directors, the Sacco Manager will be responsible for providing strategic and operational leadership to ensure the SACCO’s long-term sustainability, profitability, and member satisfaction. The role entails managing daily operations, ensuring compliance with SASRA and cooperative laws, driving membership growth, maintaining financial discipline, and building a high-performance team aligned with the SACCO’s mission and values.

Key Duties & Responsibilities

a) Strategic Leadership & Planning

• Develop and implement strategic and business plans aligned with Board directives and SACCO objectives.

• Lead, inspire, and mentor teams to achieve performance targets and uphold cooperative values.

• Provide regular performance, risk, and operational updates to the Board.

• Monitor emerging industry trends and propose innovative strategies for growth and sustainability.

b) Financial Management

• Oversee prudent financial management, budgeting, forecasting, and reporting.

• Manage the loan portfolio to maintain profitability and minimize default rates.

• Ensure compliance with SASRA financial requirements including capital adequacy, liquidity, and reporting.

• Implement robust internal controls to safeguard SACCO assets and ensure transparency.

c) Membership Growth & Service Delivery

• Formulate and execute strategies to attract new members and retain existing ones.

• Oversee delivery of efficient and high-quality member services.

• Maintain strong member relations by addressing concerns and enhancing satisfaction.

d) Operations Management

• Supervise day-to-day SACCO operations, including loan processing, savings mobilization, and customer service.

• Ensure operational procedures and policies are well-documented, efficient, and compliant.

• Oversee IT system utilization, ensuring data security and operational efficiency.

e) Regulatory Compliance & Risk Management

• Ensure adherence to SASRA, Co-operative Act, and all relevant financial regulations.

• Implement risk management frameworks to mitigate operational, financial, and legal risks.

• Facilitate audits and inspections, ensuring timely implementation of recommendations.

f) Human Resource Management

• Oversee recruitment, training, performance appraisal, and development of SACCO staff.

• Foster a culture of accountability, professionalism, and continuous improvement.

• Motivate and mentor teams to achieve organizational goals.

g) Stakeholder Engagement

• Liaise effectively with the Board, members, auditors, regulators, and other stakeholders.

• Represent the SACCO in industry forums, regulatory engagements, and member events.

• Build and maintain strong partnerships to enhance SACCO visibility and influence.

h) Reporting & Performance Monitoring

• Prepare accurate and timely reports on financial, operational, and strategic performance.

• Ensure compliance with all statutory and regulatory reporting requirements.

• Provide data-driven insights to support Board decision-making and strategic planning.

Qualifications & Experience

• Bachelor’s Degree in Business Administration, Finance, Economics, or related field.

• Minimum 5 years of progressive experience in financial services, with at least 3 years in a managerial role.

• Strong understanding of SACCO operations, SASRA guidelines, and cooperative principles.

• Proven experience in strategic planning, financial management, and risk management.

• Familiarity with the Co-operative Act, SASRA regulations, and Kenyan financial regulatory frameworks.

Key Skills & Competencies

• Exceptional leadership and strategic planning capabilities.

• Excellent interpersonal, communication, and stakeholder management skills.

• Strong financial acumen with expertise in budgeting, investment, and analysis.

• High integrity, confidentiality, and professionalism.

• Effective problem-solving and decision-making abilities.

• Strong organizational and project management skills.

• Ability to mentor, motivate, and build cohesive teams.

Key Performance Indicators (KPIs)

• Financial performance and profitability targets achieved.

• Regulatory compliance (100% SASRA & statutory adherence).

• Membership growth and retention rates.

• Portfolio-at-risk (PAR) maintained within approved limits.

• Operational efficiency and audit ratings.

• Staff productivity, morale, and performance.

How to Apply

Interested and qualified candidates should send their application letter and detailed CV to the Head of Talent Management via https://www.minigrp.com/careers, quoting “Sacco Manager – Waskom SACCO Ltd” in the subject line, by COB 21 November 2025.
Kindly indicate your current and expected salary in your application.

NB:

• We do not charge any fees at any stage of the recruitment process.

• Only shortlisted candidates will be contacted.

• Internal candidates should apply through their respective Line Managers.

• Successful candidates will undergo background and reference checks.