Summary
Date Posted: 10th January 2019 , Base Salary: Not Disclosed , Employment Type: Full-Time , Currency: RwF

JOB DETAILS:

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.

Job application procedure
Please Click Here to Apply:
https://careers.wvi.org/apply-job/11362