SACCO Manager at M-Unity SACCO

M-Unity SACCO is an affiliate of Malawi Union of Savings & Credit Cooperatives (MUSCCO)
Limited. It is Member owned and democratically controlled financial cooperative society that
is aimed at providing quality and affordable financial services to its members.

M-Unity SACCO invites applications from suitably qualified candidates for the post of SACCO Manager to be based in Lilongwe.

THE POSITION
The manager will be reporting to M-Unity SACCO Board of Directors.

DUTIES AND RESPONSIBILITIES

• • Preparation of annual, quarterly and monthly operational plans and budgets.
  • Check daily postings and transactions and
  • verify cash on hand.
  • Monitor, evaluate and control loan disbursements and repayments to prevent defaults.
  • Monitor maintenance of the Cashbook and reconciliation of monthly statements,
    ledgers and member accounts.
  • Prepare matching and cash liquidity reports and monitor deposits maturities for the
    SACCO and its members.
  • Monitor process of loan applications based on sound lending principles
  • Supervise all SACCO members of staff and work closely with Credit Committee.
  • Ensure safe custody of SACCO cheques, cash, passbooks and all controlled inventory and fixed assets.
  • Formulation and adherence to internal control systems, SACCO policies, procedures and guidelines and other statutory requirements and recommend improvements to the system.
  • Service SACCO committee meetings administered by the chapter and the Financial Institution’s Regulator.
  • Prepare monthly, quarterly and annual financial reports for the Board
  • Facilitate annual audit activities and inspections.
  • Perform any other duties assigned by the SACCO Board of Directors from time to time.

QUALIFICATIONS AND EXPERIENCE

• • Candidate must have a Bachelors Degree in Accounting or Completion of part I of ACCA or Finance from an Academic Institution accredited by the National Council for
    higher Education (NCHE) or other similar internationally recognized authorities.
    Should be a registered member of ICAM or Institute of Auditors.
  • 3 Years of experience in SACCO system or any reputable financial institution will be a
    distinct advantage.
  • Excellent written and oral business communication and interpersonal skill.
  • Computer proficiency in Microsoft Suite.
  • High degree of integrity.

Method Of Application

Applications letters together with detailed Curriculum Vitae and three traceable referees, two of which should be from previous employer{s) and/or current employer, must be submitted to
the following address by close of business on Friday, 20th January, 2023.

All applications should be sent through the following email address: munitysacco@gmail.com

Only short-listed applicants will be acknowledged.

M-Unity SACCO is an equal opportunities employer.