Recrutement of 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.