Ushuru Sacco Society Fosa-In-Charge Jobs in Kenya
Ushuru Sacco Society Fosa-In-Charge Jobs in KenyaJob Details Our client, Ushuru Sacco Society Ltd, is a leading open bond Sacco offering a wide range of products in loans and savings, dedicated to the provision of high level of service.
The Sacoo is registered under the Co-Operative Societies Act Cap 491, and licenced by the Sacco Society Regulatory Authority SASRA).
Management of staff in the department:
Recommend training needs for staff in the department;
Performance management Le goal setting and appraisal for the staff in the department:
Develop and enforce application of policies, procedures and the legislation, and
Manage relationships with other departments Le play the business partner role.
Custody of the strong room and ensuring safe custody of the Society's cash and other assets;
Supervising and assigning duties to Teller:
Confirming of cheques for clearance:
Co-coordinating Fosa daily transactions and cash requirements:
Keeping treasury book and ensuring adequate cash reserves are maintained;
Forecast and make requisition for cash withdrawals based on demand;
Reconciliation of cash accounts and customer deposits accounts;
Growth on deposits Administering and interpreting the Society's FOSA policies, procedures and standards:
Ensuring accurate records pertaining to FOSA operations are maintained;
Ensuring adherence to cash security arrangements as regards to alarm systems, cash limit, safe and strong room;
Advising and proposing changes in plans, policies and work procedures in the FOSA:
Advising the immediate supervisor about training needs and promotions of FOSA employees
Custodian of the Keys Register in the FOSA:
Approving debit card applications and linking the cards once issued to members:
Carrying out snap check on the tellers’ cash and Debit cards & PIN registers to ensure reconciliations are done on daily basis;
Ensuring general cleanliness and tidiness within the FOSA premises and
Any other lawful duties that may be assigned from time to time.
Prepare the annual budget for the department:
Collate and guide on procurement budgets, and
Approving and monitoring expenditures for the department.
The successful candidate must have 5 years' experience in the SACCO field, 3 of which must be as a Fosa In-Charge or similar position:
A Degree in Business, Finance or Economics:
A diploma in Banking or Co-operative Management or its equivalent will be an added advantage, and
CPA (K) or its equivalent will be an added advantage
How to Apply
Send your updated CV to
firstname.lastname@example.org by 13 February 2020.
Clearly indicate the job title.
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