*Preferred location: Ecuador. Other locations to be determined by home country of successful candidae within the Latin America & Caribbean Region where VF/WVI is registered to operate.
PURPOSE OF POSITION:
The Regional Finance Director is to lead and manage the execution of VisionFund’s /VF) strategy in the region. The role will be responsible for all regional Micro Finance Institution (MFI) finance issues and will work primarily with the MFI’s CFO’s, who have a reporting line into this position. They are accountable to ensure proper controls, policies, procedures, and reporting standards are in place. Measures and targets will be established and agreed for each MFI and quarterly reviews held to establish progress and decide upon adjustments and redirection of resources. All efforts will be made to provide regional solutions to improve MFI finance processes and reporting quality.
Overview of all CFOs of the 7 MFIs in the Region with a dotted line of report.
Engage with internal and external Auditors over key Audit findings, and work with management and hold them accountable for closing these identified gaps.
Accountable to improve the quality of the Financial and Accounting processes in the MFIs.
Accountable for the input to, development of, and implementation of the VFI Finance Manual in the MFIs, and responsible to approve and agree any exceptions where appropriate.
Responsible to oversee the monitoring and the giving of early warning of liquidity and funding needs within the MFIs in the Region.
Direct the MFI’s planning process and ensure the development of the MFI’s strategies and plans are aligned to VFI, have financial integrity, and are achievable.
Accountable to ensure the MFIs are receiving training on Finance and Accounting, primarily through periodic Regional webex calls but also through face to face conferences and training events when the opportunities arise.
Mentor, coach and motivate the Regional Financial Specialists, developing them and ensuring their well being and effectiveness in their roles.
Formulate VisionFund's strategy and development as an active Member of the Senior Management Team.
Perform on-site financial and strategic reviews and due diligences on MFIs. Other aad hoc strategic projects as required.
Ensure all work and influence is in alignment with VisionFund's vision and mission, and that World Vision's values are embedded in everything done.
KNOWLEDGE, SKILLS & ABILITIES:
Degree in finance or accounting, MBA.
CPA or equivalent accounting background is a must
Given the need to control financial risk within the MFI's, it is imperative that this individual has a deep financial analysis and accounting understanding, preferably with some audit background.
Thorough knowledge and extensive experience (min. 7 years) in microfinance and/or banking.
Understanding of balance sheet risk management including interest rate risk, liquidity risk and foreign exchange risk as well as bank funding processes and contracting.
Effective in written and verbal communication in English and in Spanish for the Latin America & Caribben (LAC) Region.
Preferred Skills, Knowledge and Experience:
Solid understanding of financial reporting and performance measurements and planning/forecasting.
Consulting skills to be able to analyze, recommend solutions, mentor and direct people.
Good project management and organizational skills.
Balanced and respectful approach to groups' differing responsibilities. Sensitive to complexity of WV direction, MFI board independence and shareholder requirements.
Good communication and influence skills in both oral and written forms.
Effective coach, able to train people in VisionFund policies and procedures formally and informally.
Must be experienced in managing effective support of accounting computer software systems.
Must be able to simultaneously manage multiple priorities and projects.
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.
The position requires ability and willingness to travel domestically and internationally up to 50% of the time.