Chief Executive Officer (CEO) Vacancy – Foreign Service Nationals (FSN) SACCO

Organization: Foreign
Service Nationals (FSN) Uganda Savings and Credit Cooperative (SACCO)
Duty Station: Kampala,
Reports to: The Board of
About US:
Established in
1994 as a Staff Association, the Foreign Service Nationals (FSN) Uganda Savings
and Credit Cooperative (SACCO). The FSN Uganda SACCO operates under Section 78
of the Co-operative Societies Statute, 1991, and The Uganda Cooperative
Societies Regulations 1992. The SACCO’s membership has grown from 187 members
in 2004 to 380 in June 2015, with a total assets base of UGX 7 billion, equity
of UGX 1.6 billion and has been growing at a rate of 10%-15% per annum.
Job Summary:  The Chief Executive Officer (CEO) manages SACCO
operations (investments), provides oversight and direction to management, staff
and builds a culture of high performance to ensure that the SACCO effectively
and efficiently achieves its mission and objectives.
Key Duties and Responsibilities: 
In charge of providing overall leadership to SACCO
staff; ensure the recruitment, development and retention of staff;
Keeping the Board informed about ongoing activities
at the SACCO, compliance with investment management constraints, organizational
developments, and new investment opportunities.
Support the Board with current awareness about
possible threats to the SACCO’s business and put in place measures to provide
for and mitigate such contingencies;
In charge of strengthening the SACCO’s internal
controls; implementation of policies and procedures to ensure compliance with
statutory requirements – in liaison with the Supervisory Committee, External
Auditors, Consultants and other stakeholders;
Offer expert strategic advice, keeping the Board and
staff aware of developments within the industry;
Initiate, develop and sustain partnerships, identify
donors and other stakeholders who are active in microfinance-related
The CEO will be tasked with the development of an
investment strategy and mandate structure, including adequate functions for
investment support, internal control and IT infrastructure for investment
management operations.
Develop and implement an effective marketing and
public relations strategy to promote the products, services and image of the
In charge of preparing, implementing and updating strategies
and annual business plans, and monitor progress against these plans;
Manage the preparation of the annual report and
Responsible for preparing and monitoring the
implementation of the annual budget – ensuring that budget targets are met,
revenue flows are maximized and that costs are minimized; k. Develop and
maintain research and development programs for the SACCO to remain on top of
industry developments;
Build, strengthen and maintain effective working
relationships with clients, inspire stakeholder confidence
In charge of the development and maintenance of total
quality management systems to ensure that the best possible products and
services are provided to the clients;
Guide the Board on creative ways of improving member
welfare and coordinate related activities including Annual General Meetings;
Represent the SACCO in negotiations with clients,
suppliers, government departments and other actors to secure the most effective
terms for the SACCO;
Represent the SACCO at external events to promote
its image.
Qualifications, Skills and
All suitably qualified and interested candidates
should hold an advanced business management-related degree from a recognized
A minimum of six years’ experience in management of
people and resources, at a senior level;
Broad knowledge and understanding of Uganda’s
financial services and micro-finance sector;
Detailed understanding of financial management;
Excellent presentation skills with an appreciation
of the demands of conflicting member interests and of meeting statutory
How to Apply: 
All suitably
qualified and interested candidates should send 
a cover letter, an updated copy of your resume with the contacts of
three referees and photocopies of your academic documents to:
The Board
Chairman, FSN Uganda SACCO, Plot 1001 Susie House, Ggaba Road – Nsambya, P.O.
Box 3214 Kampala, Uganda.
Deadline: Friday, 14th August
2015 by 5.00pm
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