Stima Sacco Society Limited Chief Manager - Strategy and Business Jobs in Kenya

Stima Sacco Society Limited Chief Manager - Strategy and Business Jobs in Kenya


Job purpose

  • Reporting to the Chief Executive Officer, the Chief Manager Strategy and Business will be
    responsible for Strategic Business Units (SBUs), business development, research, product development, strategic marketing, brand positioning and customer relations.

    Summary of Key Responsibilities

  • Develop and implement a comprehensive business development strategy that is aligned to the
    company’s Vision and Strategic Direction.

  • Liaise with other division heads to develop a comprehensive company strategic plan and
    implement the subsequent operational plans.

  • Develop a policy framework for new business acquisitions and opportunities.

  • Lead the development of new business opportunities and concepts, ensuring that business
    proposals for the new ideas are developed, approved and executed.

  • Network with customers, industry players and key stakeholders to build and retain sound
    relationships that create a receptive market for growth and strengthening the Sacco’s brand.

  • Implement new business initiatives in line with the corporate strategy which includes developing
    a policy and agenda for research and development and provision of consultancy services to external parties through establishment of a Professional Services Unit (PSU).

  • Build strong relationships with financiers and gain buy in on the feasibility and justification of new projects.

  • Prepare Bankable projects for purposes of sourcing from different Funding agencies.

  • Carry out business and economic modelling to establish the viability of investment projects and
    their impact on the long-term sustainability of the Sacco.

  • Ensure that Stima Sacco as a key stakeholder actively participates in the formulation and
    implementation of Government policies, planning and budgeting processes.

  • Improve product marketability and profitability by research, identification and capitalizing on
    market opportunities; improving product packaging; coordinating new product development and
    optimizing uptake of existing products and services.

  • Achieve high quality customer service delivery and consistently improve customer experience.

  • Ensure effective development and implementation of quality assurance and quality systems to
    enhance satisfaction of Sacco members and other stakeholders.

  • Develop targets, monitor and review performance of the SBUs as well as that of the Sacco.

  • Carry out any other tasks that may be assigned from time to time.

    Operational Responsibilities

  • Attend Business Strategy and Technology Committee meetings as Secretary and other Board
    committee meetings as may be required.

  • Prepare briefs for the Executive Management and Board papers on new business initiatives.

  • Coordinate with the HR to identify, develop, deploy and retain talented staff within the division
    including completing performance appraisals, personal development and succession plans effectively and on time in accordance with the
    established performance management system.

  • Supervise the preparation and implementation of division budgets, plans and performance
    reports to support the company strategic objectives.

  • Drive cross functional team collaboration to promote business synergy, innovation, new product
    development and growth within the Sacco.

    Minimum Requirements

    Academic Qualification

  • A Bachelors’ degree in Commerce, Business Administration or Economics or any other business related field, from a recognised institution.

  • A masters’ degree in a relevant field from a recognised institution will be an added advantage.

  • Membership with local, regional or global professional bodies such as Institute of Certified Public Accountants of Kenya (ICPAK), Marketing Society of Kenya (MSK) or Charted Institute of
    Marketers (CIM) Institute of Certified Secretaries (ICS), Kenya Institute of Management (KIM)

    Experience Requirement

  • Minimum of ten (10) years’ experience in strategy and business development, preferably in a
    financial institution with similar scale and complexity as Stima Sacco.

  • At least four years in career history must be in a similar role in terms of scale and complexity.

    Summary of Technical Competencies

  • Knowledge and experience of developing and implementing business strategies involving
    quantitative analysis, conceptualization and communication of strategic solutions.

  • Good understanding of Banking and Sacco laws and regulations.

  • Financial management and ability to interpret financial reports.

  • Working knowledge of marketing communications, branding, customer relationship
    management, and other relevant concepts.

  • Business or Commercial development.

  • Project management.

    Summary of Behavioural/General Competencies

  • Professionalism and integrity in line with the Sacco’s values.

  • Strategic thinking skills and results orientation.

  • Strong leadership and management skills, with the ability to balance multiple competing priorities
    and a willingness to explore new innovative ideas.

  • Team player with the ability to motivate, positively engage, and earn the trust of staff,
    Management and Board.

  • Commercial acumen.

  • Ability to engage strategically and build strong transformative relationships with stakeholders.

  • Ability to manage and drive change.

  • Tact and diplomacy.

  • Problem solving skills.

  • Good communication and interpersonal skills.

    How to Apply

  • For more information and job application details, see; Stima Sacco Society Limited Chief Manager - Strategy and Business Jobs in Kenya


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