Victoria Microfinance Company Limited Job Vacancy: Chief Executive Officer

Background

Our client, Victoria Microfinance Company Limited, is a newly incorporated national organisation aiming to provide microfinance service in Tanzania.

In order the process of rolling out the business operations of this new initiative, the Board of Directors of this MFI wish to recruit a visionary, experienced and talented individual of high integrity as the Chief Executive Officer (CEO).

The CEO will report to the Board of Director.

Job Profile:

• Lead the process of a seeking license and meet all the requirements stipulated in the Micofinance Policy and Regulations.
• Recruit, train, mentor, motivate, supervise and retain the management team and other staff.
• Oversee the finalisation of the five year Business Plan, annual plans and budgets and oversee their successful implementation.
• Provide the overall management through the day-to-day operations, quality leadership and guidance to all the functions of the MFI.
• Oversee, design, develop, market, promote, deliver quantity microfinance products and services.
• Identify business risks and develop mitigating strategies.
• Build the reputation of the MFI by providing high quality services to clients, developing positive relations with the investors and other external parties.
• Identify, lease, and acquire suitable premises for the MFI in Dar es Salaam and the branches.
• Make regular, full and correct operational and financial reports to the Board and the regulating authority in compliance with the legal requirements.
• Provide leadership in expansion and setting up branches in rural areas of Tanzania.
• Mobilise additional resources in form of debt, equity and/or grant capital.
• Set up an IT framework that will accommodate the expansion and growth of the MFI.
• Undertake any other responsibilities as may be necessary to achieve the objectives of the MFI as directed by the Board of Directors.

Personal Profile:

• A degree in business, microfinance, entrepreneurship, finance or similar qualifications with at least 10 years of senior management experience in a bank or retail financial institution.
  
• MBA will be an added advantage.
• Excellent communication and interpersonal skills and ability to present financial information effectively to both specialists and non-specialists.
• General knowledge of a wide range of microfinance products and services.
  
• Ability to work independently with no supervision and a team member.
  
• Ability to mobilize, mentor, motivate and empower staff to achieve stipulated results.
• Experience in commercial strategic planning, budgeting, control, financial analysis, and risk management
  
• Demonstratable experience in the legal, regulatory and compliance requirements essential.

Qualified Candidates interested in this highly rewarding job should send their applications by Post or email, to be received by 15th November 2009 and include: Detailed CV, email address, daytime telephone contacts, current and expected remuneration package, names and email contacts of three reference and the academic certificates and other testimonials to the following address:-

Innovex
19 Kilimanl Road, ADA Estate
P.O Box 75297, Dar es Salaam
Tel. No. +255 22 2664099
admin @ innovexdc.com

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