cevi Finance Director - boholWorld Vision Development Foundation, Inc.

Position will be under a World VIsion partner:
COMMUNITY ECONOMIC VENTURES, (A MICROFINANCE NGO) INC.
Purpose of the position:
Manage VF MFI's treasury to ensure profitable operations and compliance with existing regulations;
Supervise the accounting and liquidity management functions of the institution
Major responsibilities:
Provides leadership on financial issues
Advisor to the Executive Director and Senior Management on all matters relating to finance including treasury and accounting;
Submit timely financial performance reports to the BOD, senior management, regulators, and other stakeholders;
Member of senior management team
Leads the development of an overall business plan for VF MFI that includes, among other things, the branch targets and projections
Continuous monitoring of the financial performance of the organization with emphasis in analyzing the latter's performance as against its operational and business plans;
Provides support to Head Office and the Branches in preparation of the business plan and preparation and monitoring of the annual operating plans and budgets;
Ensures that branch plans are incorporated into an overall business plan and projections model
Establishes and maintains all policies relating to financial management, financial controls and risk
Establishes, reviews, and updates financial policies and procedures that are relevant and cost effective to the organization;
Maintains the finance management manuals, including treasury and accounting manuals, and ensures that all changes related to policies and procedures would be incorporated in the manual;
Acts as a member of the Asset Liability Management Committee (ALCO) and furnishes the ALCO with the necessary information for them to make "sound, viable decisions;"
Performs functions specified by the BOD and/or ALCO in relation to establishing broad guidelines for the institution's tolerance for risk, and expectations from investment;
Introduces measures to enhance the credibility and objectivity of financial statements and reports prepared with reference to the affairs of VF MFI;
Manages liquidity and the appropriate level of assets and liabilities
Measures and controls the institution's funding requirements;
Manages access to funds; Makes periodic assessment of liabilities and liability holders; Explores borrowing arrangements;
Ensures that there is adequate control of cash and other assets (budgetary management and control) according to laid down policies, Central Bank in the head office and the branches;
Develops contingency plans for VF MFI to withstand liquidity crises, and updates the contingency plans, as the need arises;
Recommends to the ALCO and Board of Directors policies or changes on policies on liquidity and funds management, and ensures timeliness, applicability, and practicality of these policies;
Supervises the accounting system and process
Provides technical oversight to the branch accountants in formulating and implementing the branch accounting system;
Ensures that VF MFI maintains adequate and accurate records including balance sheet and periodic statements of income and expense;
Provides the Finance Department staff the necessary training and other support to enable them to fulfill their duties accordingly;
Supervises, monitors, and evaluates the work of the finance staff and provides input to the annual staff appraisal exercise;
Ensures compliance to regulators, audits and VF
Ensures absolute compliance to regulations on liquidity, capital adequacy, and provisioning; as well as to reporting requirements set by regulatory body and other regulators;
Attends to inquiries, on-site or off-site, from the Central Bank, other regulators, and external auditors, and provides due assistance to the regulators and external auditors during inspection;
Requirements:
Certified Public Accountant (CPA) or similar qualification with at least two years working experience post CPA
Masters / Degree in Business Administration will be of added value
A minimum of 5 years or more in the field of finance management and accounting
Overall understanding and deep insights into Treasury Management
Good knowledge of the local and VF regulatory requirements under which VF MFI operates.
Determined personality with initiative, perseverance and the ability to motivate and manage a team
Capability and willingness to take responsibility and highly developed sense of integrity
Ready to comply and live up to and in accordance with the organization Ideals and Core Values
Be proficient in Microsoft & sun systems with excellent excel spreadsheet skills. Experience of microfin is preferred.
Good knowledge in economic and financial topics
Be a good trainer, facilitator, mentor, and coach
Very good communication (presentation) skills