Chief Executive Officer

Job Description

Chief Executive Officer, Mali

15314-18G31007
Africa Mali
Bamako
VisionFund
Fixed term, Full-time
07-Jan-20
International Role - Yes
2+ Years

PURPOSE OF POSITION:
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 taking institution in the near future.

MAJOR RESPONSIBILITIES:

Mission & Purpose & Business Acumen:

Ensure that the vision, and mission, purpose, goals, objectives, outputs and policies set by the Board and approved by VisionFund International (VFI) are fully implemented, complied with and met.
-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 Réseau de Micro-institutions de Croissance de Revenus (RMCR).
-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 RMCR’s strategic goals.

Fundraising:
Fund Sourcing
-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 RMCR’s resources within those budget guidelines.
-Ensures that effective and efficient financial management system is installed and maintained.
-RMCR 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:
-Effective integration with WV& VFI and effective promotion of the organization Relations.
-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 RMCR 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:
Institutional Strengthening and Capacity Building
-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:
Policy Formulation and Compliance to local Regulations and VFI Policies
-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 French and working knowledge of English.
-Very good communication and marketing skills.
-Very good knowledge in economic and financial topics.
-Strong analytical and problem solving skills.

Working Environment/Travel:
-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.