Chief Executive Officer (CEO), VisionFund Ghana

16425-18G31008
Accra
20-Jul-20
International Role - Yes
2+ Years

PURPOSE OF POSITION:

  • Lead the MFI, building an organization that honors Christian values by positively impacting the lives of many families and children through the delivery of appropriate financial services and training with a particular focus on the rural areas of Ghana.

  • Create a self-sustaining business with strong foundations (people, process, systems) that is capable of growing while managing risks.

  • Manage an effective and efficient operation, delivering to challenging financial and social performance targets.

  • Work closely with WV to develop integrated livelihoods programmes, and thereby obtain funding from the partnership and donors to grow the operation.

  • Finally, to deal with all regulatory issues and lead the organization through the process of conversion into regulated deposit institution in the near future.

KEY RESPONSIBILITIES:

Mission, Purpose & Business Acumen:

  • Delivery on child impact targets.

  • Develops, monitors and implements short and long term business plan.

  • Reports to the board using standard reporting templates on a regular basis;

  • Develops and deliver on key performance indicators for VisionFund Ghana (VFG).

  • Develops and implements strategic plan.

  • Ensures the culture of the whole organization reflects its mission and vision.

  • Develops, monitors and implements short and long term business plan.

  • Develops key performance indicators as per VFI and Board guidelines.

  • Ensure that the plans are cascaded to implementation groups and staff.

  • Reports plan compliance regularly.

  • Prepare monthly reports as required.

  • Leads the institution in developing and then achieving the targets as defined and agreed in the business plans, as well as in accomplishing VFG’s strategic goals.

Fundraising:

  • Develop proposals to acquire and maintain funding, credit lines, and others financial & non-financial resources required to attain VF objectives.

  • Negotiates effectively with creditors, grant bodies and other financial institutions;

  • Ensure compliance with conditions and reporting requirements.

  • Diligently manage and close grants and related projects.

  • Follow up with open grant audit issues.

Finance Management:

  • Ensures that annual financial projections, reports and budget are prepared for the board on time.

  • Recommends yearly budget for Board approval and prudently manages VFG’s resources within those budget guidelines.

  • Ensures that effective and efficient financial management system is installed and maintained.

  • VFG is profitable.

Risk Management:

  • Ensures that all loans are prudently disbursed.

  • Ensures savings products are effectively priced and delivered (subject to MFI board approval).

  • Ensures that effective internal control and risk management system is established and maintained.

  • Ensures effective liquidity management.

  • Ensure effective banking and financial systems are in place and are regularly updated.

Integration:

  • Ensure at national office and branch level integration strategies are fully understood, communicated and practiced.

  • Actively promote joint livelihoods projects with World Vision.

  • Ensures that both VFI and VFG and its mission, programs, products and services are consistently presented in strong, positive image.

  • Develops networks and strategic alliances to positively influence the economic policies.

People, Leadership & Culture:

  • Provide effective Christ centered leadership & Culture.

  • Ensure recruitment of competent senior and middle management.

  • Ensures effective staff development, succession planning and performance management systems are in place at all levels & Compensation & benefits.

  • Approves and confirms staff appointment, promotion, demotion, termination and transfer.

  • Embodying of People & Culture policies & procedures.

  • Key Responsibility to create an environment where talent thrive, staff are engaged & Motivated and a culture of performance is embedded.

Policy Compliance:

  • Formulates and implements guidelines, procedures, internal regulations that are consistent with the policies set forth by the Board of Directors, VFI and the industry regulators.

  • Ensures that the institution complies with the requirements of the Central Bank other regulators and all VFI policies.

  • Prepares the MFI for new regulations.

KNOWLEDGE, SKILLS & ABILITIES:

  • Minimum a Masters degree in Business Administration, Finance, Accounting, Management or some other related field.

  • Must have at least ten years of working experience in senior management in a combination of the following: micro-enterprise lending organization, banking institution, a progressive corporate environment, international business, agricultural economics/development, or economic and business development institution.

  • Must have a clear understanding of micro finance industry and technology.

  • Must have worked experience in regulatory environment and better with institution that intermediate savings.

  • Determined personality with initiative, perseverance and the ability to motivate and manage a team.

  • Capability and willingness to lead the organization forward.

  • Ready to comply and live up to and in accordance with the organization Ideals and Core Values.

  • Be a good trainer, facilitator, mentor, and coach.

  • Fluent in English.

  • Very good communication and marketing skills.

  • Very good knowledge in economic and financial topics.

  • Strong analytical and problem solving skills.

Other Competencies/Attributes:

  • Must be a committed Christian, able to stand above denominational diversities.

  • Attend and lead daily devotions.

Working Environment/Conditions:

  • Office Environment: typical office based and frequent travel to fields (40% traveling and 60% office based).

  • Travel: 90% Domestic 10% international travel is desired.

  • On call: Yes in the after normal working hours.

  • Must get a work Permit if not a local staff from within the Country.