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General Manager at Chitukuko Sacco

  • Full Time
  • Lilongwe
  • Salary: 00

Chitukuko Sacco

About Chitukuko Sacco:

Chitukuko Sacco is a leading savings and credit cooperative organization committed to providing high-quality financial services to its members. Our mission is to foster financial stability and growth among our members through innovative financial solutions and exceptional customer service. The General Manager (GM) will oversee all operational aspects of Chitukuko Sacco and will report to Board of Directors of the Sacco. The GM will be responsible for strategic planning, managing staff, ensuring compliance with regulations, and driving the organization towards achieving its financial and operational goals.


The successful candidate will have the following key duties and responsibilities among others:

  • Manage day to day financial operations of the SACCO based on policies, procedures as approved by the Board of Directors from time to time.
  • Manage staff and ensure high productivity.
  • Prepare and implement strategic plans, yearly business plans for Board’s approval.
  • Manage assets and liabilities of the SACCO to attain desired yields from members’ savings, shares, deposits, loans and investments.
  • Ensure delivery of quality services to Members
  • Provide timely SACCO operations and administrative reports to Board of Directors.
  • Prepare, manage and attend to SACCO committee’s meetings and other SACCO scheduled meetings.
  • Ensure the SACCO’s compliance to industry and regulatory standards as set by the Reserve Bank of Malawi.
  • Provide guidance to the Board of Directors, committees and staff regarding strategic direction of the SACCO with a view to grow business.


The ideal candidate should have:

  • A minimum of a Bachelor’s degree in Business Administration, Finance, Accounting, or related field. Master’s degree or professional certifications (e.g., CPA, ACCA) preferred.
  • At least 5 years post qualification experience in a financial institution at Managerial level involved in planning, product development, credit management, budgeting and reporting.
  • A good grasp of the financial industry in Malawi, regulatory framework and current issues affecting the industry in general.
  • Drive to grow business, results oriented, excellent communication, verifiable track record, analytical and interpersonal skills.
  • Knowledge of finance, human resource management and general marketing of financial services/products.

Method Of Application

Interested persons should submit their applications with detailed Curriculum vitae, copies of academic and professional certificates and contact details of at least three traceable referees, two of which should be from previous and/or current employer(s) must be submitted to the following address or hand delivered by close of business on Friday, 7th July, 2024 to:

The Board President
Chitukuko SACCO
C/O P.O. Box 651

Email: [email protected]

Chitukuko Sacco is an equal opportunity employer. We encourage applications from qualified individuals regardless of race, religion, gender, or disability.

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