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Monday, October 12, 2009

Jobs in Kenya: Chief Executive Officer - Micro Finance Institution (MFI)

A fast growing reputable Micro Finance Institution (MFI) in Kenya wishes to recruit a highly competent, proactive and self-driven person to fill the following position within our organization.

Chief Executive Officer

Purpose of the positions:

To implement the strategic goals and objectives of the organization; give direction and leadership toward the achievement of the organization's vision, mission, strategy, and its annual goals and objectives; represent the organization and strive to build a positive image in all relevant media.

Key Responsibilities:

Reporting to the Board of Directors and Africa Regional Director of Network of MFIs, the CEO shall be responsible for:
  • Fund sourcing - Develop, acquire and maintain the necessary grants, credit lines, and other financial and non-financial resources necessary to meet the organization's objectives
  • Financial Management - Coordinate the budget planning process, and prudently manage organizational resources within those budget guidelines
  • Risk management - In coordination with the various departments, establish and maintain an effective internal control and risk management system
  • Community and Public Relations - Develop networks and strategic alliances to positively influence the economic policies.
  • Policy formulation and implementation - Formulate and implement guidelines, procedures, internal regulations that are consistent with the policies set forth by the Board of Directors and industry regulators
  • Institutional strengthening and capacity building
  • Ensure that the institution complies with each of the requirements of the Central Bank and other regulators
  • To ensure that the vision, mission, purpose, goals, objectives, outputs and policies set by the Board are fully implemented, complied with and met.
Knowledge, Skills and Abilities
  • Minimum of a Masters degree in Business Administration, Finance, Accounting, Management or some other related field
  • At least ten years working experience, with two of them in senior leadership, in a combination of the following: Micro-Finance organization, banking institution, a progressive corporate environment, international business, or economic and business development institution.
  • Must have a clear understanding and experience of micro-finance industry and technology
  • Experience with transformation/conversion of NGOs/MFIs to become regulated micro-finance bank will be an added advantage
  • Determined personality with initiative, perseverance and the ability to motivate and manage a team
  • Capability and willingness to lead the organization forward
  • Be a good trainer, facilitator, mentor, and coach
  • Very good communication and marketing skills
  • Good knowledge in economic and financial topics
  • Good analytical and problem solving skills
  • Strong commitment to the mission and Core Values of the Micro-Finance Institution and the plight of the low income people.
All application letters and detailed CVs together with names of three referees, one of whom must be a church leader/priest/pastor, should be sent to reach the undersigned not later than October 23rd, 2009.

Please indicate clearly on the envelope or subject line "Application for CEO of MFI". (Only short-listed candidates will be contacted).

The Chairman of the Board
P. O. Box 50816 (00200), Nairobi
E-mail: recruitceokenya @ gmail.com

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