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Chief Executive Officer, VisionFund Rwanda

12008-03G34003
Kigali
01-Dec-18
International Role - No - Only National applicants will be considered.
2+ Years

PURPOSE OF POSITION:

  • Lead VisionFund Rwanda, a Christ centered Microfinance Institution (MFI) organisation that positively impacts the lives of many families and children through the delivery of appropriate financial services and training.

  • 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 World Vision Rwanda to develop integrated livelihoods programs, and thereby obtain funding from the partnership and donors to grow the operation.

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

KEY RESPONSIBILITIES:

To ensure that the vision, mission, purpose, goals, objectives and outputs set by VisionFund International (VFI) and approved by the Board are fully implemented, complied with and met:

  • 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.

Fund Sourcing:

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

  • Ensure compliance with conditions.

  • Timely and quality reporting.

  • Diligently manage and close grants and related projects.

  • Follow up with open grant audit issues.

  • Financial 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 VF MFI’s resources within those budget guidelines.

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

  • MFI is profitable or on track to be.

Risk Management:

  • Ensures that all loans are prudently disbursed.

  • When licensed, ensures savings products are effectively priced and delivered (subject to MFI).

  • 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.

  • Effective Integration with WV and Effective Promotion of Organization Relations: Integration strategies are fully understood, communicated and practiced.

  • Actively promote joint livelihoods projects with World Vision.

  • Ensures that both VFI and VF MFI 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.

Policy Formulation and Implementation:

  • 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 policies for new regulations.

  • People Leadership & Culture: Provide effective Christ centered leadership and drive the right organizational culture.

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

  • Embedding of People & Culture policies & procedures.

  • Ensure recruitment of competent senior and middle management.

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

  • Compliance to Regulations: Ensures that the institution complies with each of the requirements of the Central Bank and other regulators.

  • Lead the process of conversion into regulated deposit taking institution when the times come.

KNOWLEDGE, SKILLS & ABILITIES:

Required:

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

  • Attend and lead daily devotions.

  • The following may be acquired through a combination of formal or self-education, prior experience or on-the-job training:

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

  • Must have at least ten (10) years of work experience in senior management in a combination of the following: micro-enterprise lending organization, banking institution, a progressive corporate environment, international business, 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.

  • Very good communication and marketing skills.

  • Very good knowledge in economic and financial topics.

  • Strong analytical and problem solving skills.

Working Environment:

  • Office environment: typical office based and frequent travel to fields (30% traveling and 70% office based).

  • Travel: 25-30% -visiting branch offices in-country. Occasional international travel.

  • On call: Yes, outside normal working hours.