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Global Asset Management Director

*Position location to be determined by home country of successful candidate in a jurisdiction (US state or country) where WVI/VF is registered to operate.

*Please submit your CV in English.

PURPOSE OF THE POSITION:

The Global Asset Management Director (GAMD) is a new role within VisionFund International (VFI) Global Finance.

Reporting to the CFO of VFI and managing a team of five employees, the GAMD has responsibility for the VFI global balance sheet and ensuring it is aligned behind the Our Livelihoods Promise strategy. The GAMD will manage and coordinate the asset and liability sides of VFI's balance sheet together with the treasury processes of the Group. As well as 'running the bank' and liaising with WV Treasury, this role will also centrally drive and oversee global liquidity and solvency in the field and improve the Group's treasury systems and processes to ensure efficiency and informed decision making.

This is a key strategic role to achieving the 2030 Strategy.

KEY RESPONSIBILITIES:

  • Oversight of both the Global Debt Capital Management function (responsible for the raising and management of external finance) and the Global Investment Management function (responsible for the deployment of that finance around the

  • Network). A key element of the role is to ensure that these asset and liability sides of the balance sheet are effectively managed and coordinated.

  • For liability side, the GAMD must ensure that the Group is appropriately and efficiently funded. This includes ensuring that relationships with external lenders are maintained and developed; ensuring that new funds are effectively and

  • efficiently sourced; and managing the debt at MFI level. A strong working relation should also develop with the Fundraising/Grants teams.

  • For the asset side, the GAMD must ensure that capital (whether debt or equity) is effectively deployed within the MFIs in a way that assists in maximising impact. A strong working relation should develop between the GAMD’s team and the

  • Regional Heads and MFI management to ensure that their regulatory capital and liquidity needs are appropriately serviced. The GAMD must ensure a rigorous, objective and transparent decision making process.

  • Overall responsibility for VFI cash flow and capital forecasting, including driving effective central oversight of MFI liquidity and capital levels.

  • The GAMD is responsible for the management of the interest rate and FX risk that arises around the group, including risks relating to debt and investments.

  • Ensure that all regular and ad hoc reporting on treasury is carried out with sufficient quality and timeliness.

  • Ensure the function staff receive appropriate training in treasury. Mentor and coach the team to ensure their well being and effectiveness.

  • A key member of both the ALCO and IISC committees.

KNOWLEDGE, SKILLS AND ABILITIES:

  • A minimum of 15 years professional relevant experience; a minimum of 10 years external experience working in the treasury or capital markets functions of a multinational organization, preferably at a Group level.

  • Debt capital markets experience including the issuance of a variety of debt instruments and managing the debt investor relationships that arise from that.

  • Design and management of the intra-group funding strategy of a financially regulated group to assist in the movement of capital around the group.

  • Management of balance sheet risk including interest rate risk, liquidity risk and foreign exchange risk.

  • Must be cross culturally sensitive as will work with associates from every area of the world.

  • Able to balance Christian values with commercial practices.

  • MCT (or equivalent treasury qualification) or CFA (or equivalent asset management qualification) qualified.

  • MBA preferred.

  • CPA/ACA (or equivalent) accounting qualification preferred.

  • Fluency in English.

Preferred Skills, Knowledge and Experience:

  • Good project management and organizational skills; a balanced and respectful approach to teams' differing responsibilities; excellent communication, presentation and influencing skills in both oral and written forms; effective coach - able to train people in VisionFund policies and procedures formally and informally; solid understanding of financial reporting and performance measurements and planning/forecasting; and consulting skills to be able to analyze, recommend solutions, mentor and direct people.

Work Environment/Travel:

  • The position requires ability and willingness to travel up to 15% of the time.

Finance Operations and Transformation Director

*Position location to be determined by home country of successful candidate in a jurisdiction (US state or country) where WVI/VF is registered to operate.

*Please submit your CV in English.

PURPOSE OF THE POSITION:

The Finance Operations and Transformation Director (FOTD) is a new role within VisionFund International (VFI) Global Finance.

Reporting to the CFO and leading a team of nine, the FOTD has responsibility for VFI global financial operations and ensuring alignment behind the Our Livelihoods Promise strategy, including adoption of digital technologies. The FOTD will lead VFI's finance strategy, accounting, reporting and planning functions, and ensure global finance functions are effective and continuously improving. Leading external and internal projects, the role will drive transformation of financial systems and processes globally. The role uses strong relationship mgt, influencing and coordination skills.

This is a key strategic role to achieving the 2030 Strategy.

KEY RESPONSIBILITIES:

  • Create VFI's first (and lead the execution of the) Global Finance Strategy globally, including transform digitally.

  • Responsible for monthly management accounts process globally. Responsible for the production of the annual financial report and for the production of reporting to the Board and executive management, including use of data visualization.

  • Ensure that appropriate accounting policies are developed and adhered to globally, running a team that is a technical center of excellence.

  • Lead global planning and budgeting processes at GC and MFI levels to ensure plans are centered in Strategy, have financial integrity, are achievable and undergo sufficient scrutiny. Responsible for the budget at GC level. This will require continued development and Lean 6 Sigma use on planning processes and models.

  • Lead the development of financial models, forecasting tools, and other analytical tools for budget and other forecasting. Ensure consistency of these different forecasts.

  • Lead and transform the GC 'Business Model' to ensure transparency, legality and fairness, and a balance of long-term GC sustainability with minimal MFI funding, engaging outside consultants/experts.

  • Ensure the GC finance staff receive appropriate related training. Mentor and coach the finance team to ensure their well being, effectiveness and suitable career paths. Work with the regional finance directors in the control over and update of the global VFI Finance Manual into the MFIs.

  • Provide management with ad hoc and strategic reporting and analysis to assist in the decision making process, including engaging on Corp. Fin./M&A matters with consultants.

  • Lead financial system adoption and ongoing management globally (including G/L, data warehousing, treasury), liaising with external consultants. Lead process improvement initiatives that promote financial visibility, process efficiency and project mgt accountability, with emphasis on standardization of policies/processes.

  • Oversee global External Audit engagement and appointment, with Audit Partner as point of contact. Lead country level External Auditor teams. Work with MFI management and hold them accountable for resolving identified audit issues.

  • Responsible for the ongoing administrative management of GC investments, liabilities, treasury payments and procurement. Establish and lead the Finance Business Partner initiative to liaise with and serve other GC dept leaders and MFI CFOs on their needs.

KNOWLEDGE, SKILLS AND ABILITIES:

  • A minimum of 15 years professional relevant experience; a minimum of 10 years external experience working in the middle-office and back-office functions of a multinational financial organization, preferably at a Group level and at a

  • Controller/Treasurer level.

  • Must have experience of transforming systems and processes in a multinational organization, preferably implementation of treasury/accounting systems.

  • Deep financial analysis and accounting understanding, preferably with some audit background.

  • Thorough knowledge and extensive experience in the microfinance and/or banking sectors.

  • Must have experience working with, engaging (hiring/firing) and leading external consultants (software providers, implementation providers, auditors, project mgt).

  • Must be cross culturally sensitive as will work with associates from every area of the world.

  • Flexibility on hours to contact people within wide time zone differences is required.

  • Able to balance Christian values with commercial practices.

  • Post graduate accounting qualification.

  • MBA preferred.

  • CPA/ACA (or equivalent) accounting qualification preferred.

  • Fluency in English.

Preferred Skills, Knowledge and Experience:

  • Good project management and organizational skills; Proven external engagement and relationship management skills; Balanced and respectful approach to teams' differing responsibilities; excellent communication, presentation and influencing skills in both oral and written forms; effective coach - able to train people in VisionFund policies and procedures formally and informally; solid understanding of financial reporting and performance measurements and planning/forecasting; and consulting skills to be able to analyze, recommend solutions, mentor and direct people.

Work Environment/Travel:

  • The position requires ability and willingness to travel up to 15% of the time.