Sacco Head of Finance and Operations

The Co-operative Bank of Kenya Limited

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 Bank’s 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 Coop Holdings Co-operative Society Limited which became the strategic investor in the Bank with a 64.56% stake.

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Sacco Head of Finance and Operations

Job Purpose

The Head of Finance and Operations is a senior, strategic, and hands-on leadership role responsible for providing comprehensive financial and operational leadership across the cooperative Union and its subsidiary business units namely, the Coffee Farm, Coffee Milling, Real Estate Management, Credit Section, Agrovet Business, Coffee Value Addition and Processed Coffee Marketing.

Duties & Responsibilities

  • Develop and implement the cooperative’s financial strategy, ensuring alignment with its strategic goals; provide strategic financial advice to the CEO and the Board.
  • Lead the annual budgeting and planning process; review all financial plans and budgets, monitor progress, and report on financial performance to senior management in a timely manner.
  • Ensure the timely and accurate preparation and presentation of monthly, quarterly, and annual financial statements, management accounts, and Board reports in compliance with IFRS standards.
  • Manage the cooperative’s cash flow, treasury forecasting, and liquidity to ensure adequate funding and optimize the use of financial resources.
  • Ensure full compliance with all applicable laws and regulations, including the Co-operative Societies Act, KRA tax requirements and regulations.
  • Establish and maintain robust internal control and risk management systems to safeguard assets.
  • Coordinate the annual audit process and liaise with external auditors.
  • Identify, assess, and mitigate financial and operational risks.
  • Oversee the day-to-day operations of all the cooperative business units, ensuring efficient and smooth operational processes.
  • Develop, implement, and monitor Standard Operating Procedures (SOPs) and operational policies to ensure standardized practices across all departments.
  • Optimize the allocation of resources to enhance operational efficiency and scalability.
  • Supervise administrative functions and facility management to ensure adequate logistical support.
  • Lead, mentor, and develop the finance and operations teams, fostering a high-performance culture.
  • Drive professional development, performance appraisals, and training for staff.
  • Establish performance targets, monitor team performance, and ensure accountability.
  • Ensure the Board receives sufficient and timely information to make informed decisions.
  • Manage relationships with banks, KRA, auditors, and other external partners.
  • Ensure financial transparency and effective communication with cooperative members.

Qualifications

  • Bachelor’s degree in Accounting, Finance, Business Administration, Economics, Agribusiness or a Business related degree or its equivalent from a recognised university.
  • A Master’s degree (MBA or equivalent) is an added advantage.
  • Certified Public Accountant of Kenya CPA(K) or its equivalent.
  • 7 years practical experience in agribusiness or multi-entity business environment of which 3 years must be in a Senior Management position.
  • Age: 35 years and above.

Method of application

If you are interested and qualified, kindly submit your application via the link provided below,

https://www.co-opbank.co.ke/careers/co-op-consultancy-intermediary-limited-cbi/450534/?utm_source=Jobinkenya

Deadline  September 18th, 2026

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