Jamii Sacco Credit Control Officer Job in Kenya 2021
Career Kenya: Jamii Sacco Credit Control Officer Job in Kenya 2021
Employment vacancy : Today Recruitment Kenya


Jamii Sacco is a Deposit Taking Sacco (DTS) registered under the Cooperative Societies Act Cap 490 (Amended 2004) of the laws of Kenya and licensed by SASRA.

The objectives for which the Society was established are to organize and promote the quality of life of the members by providing quality financial services.


The following position is vacant and the Sacco would like to fill:

Position: Principal Officer – Credit Control

Grade: J-C5

Department: Credit Control

Job Type: Contract – Three (3) Years renewable on performance

Location: Nairobi

REF. JSS/HR- PCC – C5/2021

JOB PURPOSE: Reporting to the Deputy CEO/Head of Finance, the job holder is responsible for coordinating the debts of existing creditors and ultimately managing all money borrowed
or owed to the business by handling the collection of due and overdue accounts, raising invoices and issuing credit notes.


The job holder is responsible for;

a) To plan, implement, co-ordinate and review the Credit Management Strategies.

b) To provide leadership to the Credit Control team and liaise with other Departments to ensure prompt collections.

c) Oversee the entire collection process including continuously reviewing Credit Control policy in line with changing trends and needs.

d) Provide inputs to the appropriate Board Committee to ensure measures are taken to rectify any identified gaps in the lending and collection process.

e) To critically review all non-performing accounts and develop appropriate strategies to ensure recovery of the amounts due in an efficient and cost effective manner.

f) Design and implement processes of monitoring and rehabilitating delinquent accounts, in order to ensure that portfolio at risk (PAR) is below regulator’s recommended rate.

g) Maximizing recoveries from write off accounts.

h) To ensure a uniform debt collection strategy in line with the Society’s policies to avoid reputation risk or legal challenges.

i) Undertake periodic review of securities/collaterals held against all nonperforming accounts in order to ensure they are perfected and that no dilution happens during the debt recovery period.

j) Plan and coordinate the debt recovery process with various service providers (Lawyers, Valuers and Auctioneers) in order to avoid undue delay and escalation recovery costs.

k) Ensure the relevant evidence in support of any Legal matters are properly documented, shared with the key stakeholders in good time and ensuring these witnesses are well prepared with factual and relevant information.

l) To provide periodic reports to Management and respective Board Committee on the recovery status of each non-performing facility, with clear recommendations on the way forward.

m) Liaising with the Head of Finance to ensure appropriate adjustments are made to the provisions for bad & doubtful debts as per the required guidelines in order to comply with IFRS-9 requirements.

n) To manage the Credit team so that it can achieve the Sacco’s set targets in line with business goals.

o) To follow up all cases of default including addressing letters to the loanees and guarantors.

p) To issue appropriate notices to members who may require loan clearances.

q) To ensure that all notices are issued to defaulters before engaging debt recovery action through service providers ( Auctioneers & Debt Collectors)

r) To negotiate and restructure facilities where such action increases chances of recovery of the debts outstanding.

s) To follow up all employers to ensure timely remittances


Leads to effective recoveries of any outstanding loans / remittances owed to the SACCO from either corporate, groups or individuals (members).


a) Bachelor’s Degree in Finance, Accounting, Banking, Credit Management or any other related field from a recognized institution.

b) Minimum professional qualification of part II in Credit Management (Certified Credit Professional – (CCP)

c) Diploma in cooperative management or CPA K is an added advantage

d) Minimum of 3 years’ relevant experience in Credit Administration gained from working at management level in a financial institution/SACCO

e) Membership of professional Association of good standing is an added advantage.

f) Strong analytical and communication skills, negotiation skills and interpersonal skills, focused, self-driven and attentive to detail.

g) Ability to multitask and meet required deadlines is essential

h) Ability to resolve conflicts arising from work environment is necessary.

i) Ability to work with minimum supervision.

j) Demonstrates knowledge, exposure and use of modern technology to propel growth of SACCO business in a dynamic world.


  • Planning & Organizing
  • Leadership
  • Entrepreneurial Awareness
  • Decisiveness and adaptability


  • Police clearance certificate (Certificate of Good Conduct)
  • Tax compliance certificate from the Kenya Revenue Authority (KRA).
  • Clearance certificate from the Ethics and Anti-Corruption Commission (EACC).
  • Clearance certificate from Credit Reference Bureau (CRB)


Applications with detailed CV indicating current position and remuneration, notable achievements, work experience, copy of National identification card, copies of academic and professional qualifications, testimonials, names of three (3) referees two (2) of whom must have supervised the candidate at some point, telephone contact, email address, should be addressed to the following:

The Chief Executive Officer,
Jamii Sacco Society Ltd,
P O Box 57929-00200

The envelope clearly marked with the reference number should be received on or before 23rd June, 2021 at 12.00 noon.

Only short-listed candidates will be contacted.

Jamii Sacco Society is an equal opportunity employer and any canvassing will lead to automatic disqualification.

P.O Box 57929 -00200, Nairobi, Fax: 552523
Tel: (020) 552477,552448, Mobile: 0712-852762, 0724-179890, and 0736-613863
Web: www.jamiisacco.com E-mail: Info@ jamiisacco.com

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