A Micro Finance Institute CEO Jobs in Ethiopia

A Micro Finance Institute CEO Jobs in Ethiopia


Job Description

  • A Micro Finance institute is looking for a CEO to lead and provide inspired leadership for our team.

    Tasks and Responsibilities

    Overall Management and Governance

  • Manage the day-to-day operations of the institution by providing clear leadership and guidance to all departments of the institution, including: Finance and HR, Operations, IT, planning, procurement, legal, and risk management and reports the performance to the board of directors.

  • Execute the policy, rules and regulations of the Institution and policy decision of the board of directors

  • Serve as ex officio non-voting member of Board of Directors

  • Cultivate culture of cooperation and high performance

  • Drive organizational performance, both quantitative and qualitative; achieve business plan targets

  • Ensure effective collaboration with team under the Management and Technical Assistance Services Agreement

  • Uphold standards of risk management at all levels and ensure effective supervisory control and management review

  • Sustain the institution’s social mission and its dedication to financial inclusion

    Management of overall portfolio growth

  • Participates in evaluating, approving, or rejecting loans according to the level of his/her discretion

  • Ensure saving deposit and withdrawals in accordance to the policies of the Microfinance Institution

  • Focus on key initiatives of diversification of the service ranges, to better serve the core and new segments of reaching customers, new products and introduction of services

    Strategic Planning and Business Development

  • Develop annual, longer term plans and budgets, by incorporating input from the different departments and get approval by the Board of Directors

  • Determine financial and operational performance targets for all key operating units

  • Deliver profitability, business and market share growth strategies of the institution.

  • Oversee the implementation of budgets and strategic plans, including oversight of fundraising

  • Lead the MFI’s expansion into new geographic areas of Somali and in the country as well.

    Human Resource and Talent Development

  • Recruits staffs under his/her discretion level.

  • Introduce an effective and competent participatory management style

  • Set employee performance standards required to achieve short- and long-term objectives and goals

  • Develop a strong and effective senior management team

  • Motivate all staffs and ensure that staffs are dedicated to achieving given objectives

  • Mentor and coach Senior Management Team

  • Implement performance management system for senior management team

  • Oversee and support the development and implementation of effective HR policies and procedures for recruitment, training and talent development

  • Motivate all staff and ensure that staff is dedicated to the mission

    Communications and External Stakeholder
    Relations


  • Inspires staff to achieve high standards of performance and disseminates a culture based on ethics, excellence and client satisfaction
    Build the MFI’s reputation as a company committed to excellent client services, both internally and externally

  • Maintain solid relations with shareholders and external parties, including ……..investors, and other
    business partners

  • Ensure quality information flow to investors, regulators and other stakeholders as relevant

  • Ensure that fund raising activities are done by assigned employees

    Financial and Risk management

  • Ensure solid operating and financial performance

  • Deliver the level of financial and operational performances as expected while keeping risks under control

  • Oversees risk management and ensure compliances with all legal requirements that affect the institution’s business,

  • Identify various risks like financial,
    liquidity, credit, operation, technological, marketing risks and the like, and identify the risk gaps and propose recommendations.

    Operational Management

  • Provide clear leadership and direction

  • Develop proposals for further improvement of operation, including concepts for new products and services

  • ensure that the organization’s finance has been utilized properly to carry out major functions

  • Manage, plan, organize, direct and control all the activities of an organization such as logistics, procurement, warehouse, property administration and the like.

  • Identify and address problems and opportunities of the institution

  • Build alliances and partnerships with other organizations

    Community and Public Relations

  • Serve as a Key Point of Contact with the community, also represents in community events, serve as a symbolic person, and promotes Microfinance Institution.

  • Build and maintain Strong relationships with consumer, community, employee, and public interest groups.

  • Responsible for Studying the organization's objectives, promotional policies, and needs to build public relations strategies that influence public opinion and promote products, ideas, and services.

  • Updating and maintaining Web content.

    Job Requirements

    Requirements

  • Bachelor’s degree or master degree in a relevant discipline or MBA.

  • Experience in a senior management position.

  • 7-10 years relevant working experience within the finance sector

  • Microfinance experience with knowledge of Microfinance laws and directives in Ethiopia
    Previous Collections experience will be advantageous

  • Solid management, accounting and legal skills are essential

  • 10 years’ experience in a similar role or in senior management in a bank with a diverse set of P&L experiences associated with the management of financial services products.

  • Strong familiarity with local economy and political environment.

    Skills

  • Knowledge of profit and loss, balance sheet and cash flow management and general finance and budgeting.

  • Ability to build consensus and relationships among executives, partners, and the workforce.

  • Understanding of human resources and personnel management.

  • Experience with corporate governance.

  • Proven negotiation skills.

  • Ability to understand new issues quickly and make wise decisions.

  • Ability to inspire confidence and create trust.

  • Ability to work under pressure, plan personal workload effectively and delegate.

  • Customer Service Orientation

  • Change Leadership

  • Visioning & Strategic Direction

  • Drive for Results

  • Decision Making

  • Analytical Thinking

  • Business Acumen

  • Creativity and Innovation

  • Risk Management

  • Levering Technology

    How to Apply

  • Interested applicants who fulfill the above requirements are invited to send their application letter and relevant documents within 20 days of this announcement to the following address:

    Info@ease-engineering.com

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