VisionFund International (VFI) is the world’s largest Christian microfinance network. For more than a decade we have been improving the lives of children across the developing world, as we provide small loans and other financial services to families struggling in poverty.
As the microfinance subsidiary of World Vision, the world’s largest Christian relief, development and advocacy organisation, we work in 30+ countries through our network of affiliated microfinance institutions (MFIs) located across the globe in Africa, Asia, Latin America and Eastern Europe. We have an outstanding loan portfolio of nearly US$ 535 million, serve over 1.2 million active borrowers and impact the lives of over 4 million children each year.
Sharing the same vision as World Vision, VFI aims to provide ‘life in all its fullness’ to children as their parents receive small loans, improve their businesses and increase in ability to care for their children as family incomes multiply.
PURPOSE OF POSITION:
VisionFund International (VFI) is seeking a senior finance expert with good finance, accounting and regulatory experience and management skills. The Regional Finance Manager will work under the direction of the Regional Finance Director of Africa (RFD) to streamline all financial and accounting issues in VisionFund’s various Micro Finance Institutions (MFIs) in the region, guiding and coaching the CFOs and Finance Managers ensuring that they have proper internal controls, follow VFI financial policies and other standards, including regulatory requirements recognized by the external auditors.
He/she will support the planning process in the region to produced credible and high quality projections, support the preparation of reliable financial and operational reports as instructed by the RFD, monitor the financial risks affecting the MFIs ensuring that they have risk instruments in place and the Asset and Liability Committee (ALCO) and risk committees to react in good time to potential risks, in order to minimize their impact. Finally, he/she will provide training to finance staff in the MFIs and ensure that the finance staff in the MFIs are properly motivated, performance managed, developed and evaluated and that they have succession plans for key finance positions.
This position would ideally be based in East Africa and is likely to supervise five countries: Kenya, Uganda, Ethiopia, Tanzania and Rwanda, nevertheless candidates from other regions in Africa that are fluent in French and English are invited to apply as there is always the possibility to relocate this position to West Africa having someone else in charge of East Africa.
KNOWLEDGE, SKILLS AND ABILITIES:
The position requires ability and willingness to travel domestically and internationally up to 50% of the time. Flexibility on hours to contact people within wide time zone differences is required.
World Vision is a global Christian relief, development and advocacy organisation dedicated to working with children, families and communities to overcome poverty and injustice. World Vision serves all people, regardless of religion, race, ethnicity, or gender.