Regional Finance Director Africa job at World Vision Kenya

Vacancy title:
Regional Finance Director Africa

[ Type: FULL TIME , Industry: Nonprofit, and NGO , Category: Accounting & Finance ]

Jobs at:

World Vision Kenya

Deadline of this Job:
02 May 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Date Posted: Tuesday, April 19, 2022 , Base Salary: Not Disclosed

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Job Description:
Manage 2 Regional Finance Directors, and overview of all CFOs of the 3 MFIs in the Region with a dotted line of reporting. 15%
Engage with internal and external Auditors over key Audit findings, and work with management and hold them accountable for closing these identified gaps. 5%
• Expected Results: Management accountable to the board and RFD for the speedy and quality follow up on all Audit issues mentioned.
Accountable to improve the quality of the Financial and Accounting processes in the MFIs, accountable to ensure that appropriate internal control measures are in place in all MFIs.
Accountable to ensure regular assessment, and verification of MFIs compliance with financial policies, procedures and standards. 10%
• Expected Results: Evidence of strengthened processes in the MFIs and cleaner reconciliations, etc. Acceptable Audit opinions on Financial Management and Financial Reporting.
Accountable for the input to, development of, and implementation of the VFI Finance Manual and other policies and procedures in the MFIs, and responsible to approve and agree any exceptions where appropriate. 5%
• Expected Results: Implement Finance Manual in all MFIs with RFD signed off exceptions where appropriate, when implementation has not been possible or does not work in the local context.
Responsible to oversee the monitoring and the giving of early warning of liquidity and funding needs within the MFIs in the Region. 10%
• Expected Results: Ensure regular Regional calls with the MFIs are taking place giving insight and early warning of funding needs and issues.
Ensure there is appropriate and sufficient infrastructure and staff capacity within MFIs to manage financial risk. Tracking compliance with financial risk requirements in region. Support and guide MFIS to build appropriate Management ALCO committees. 10%
Direct the MFI’s planning and reporting process and ensure the development of the MFI’s strategies plans and reports are aligned to VFI, have financial integrity, and are achievable. Ensure that MFI will uploaded accurate data into BANK BI reporting platform in timely manner. 10%
• Expected Results: Active direction and involvement in the planning process and follow up with the MFIs on the delivery of these plans.
Accountable to ensure the MFIs are receiving training on Finance and Accounting, primarily through periodic Regional Webex calls but also through face to face conferences and training events when the opportunities arise. 10%
• Expected Results: Coach and train the MFI CFOs and develop Finance policy through Regional WebEx calls and face to face conferences and training events occurring.
Mentor, coach and motivate the Regional Financial Specialists, developing them and ensuring their well-being and effectiveness in their roles. 10%
• Expected Results: Ensure the Regional Financial Specialists receive the appropriate management, direction and pastoral care, partly evidenced by regular 1-1s
Formulate VisionFund's strategy and development as an active Member of the Regional Africa Team. Position will have dotted line reporting to VFI CFO and will be active member of global center finance team. 10%
• Expected Results: Activate engagement with SMT stakeholders and proposals of what VFI strategic initiatives should be.
Perform on-site financial and strategic reviews and due diligences on MFIs. Other ad hoc strategic projects as required. 5%
• Expected Results: Strategic reviews will often inform the Senior Executive Team (SET) on whether an MFI should be closed down or invested in.
Ensure all work and influence is in alignment with VisionFund's vision and mission, and that World Vision's values are embedded in everything don.
• Expected Results: Demonstrate values through interaction with others and the way work is done. Promote and encourage WV’s values.

• Degree in finance or accounting, MBA.
• CPA or equivalent accounting background is a must
• List additional work experience required as a minimum qualification for this position.
• Given the need to control financial risk within the MFI's, it is imperative that this individual has a deep financial analysis and accounting understanding.
• Thorough knowledge and extensive experience (min. 10 years) in microfinance and/or banking.
• Understanding of balance sheet risk management including interest rate risk, liquidity risk and foreign exchange risk as well as bank funding processes and contracting.
• License, registration, or certification required to perform this position:
• Effective in written and verbal communication in English and strong preference for French

Preferred Skills, Knowledge and Experience:

• Solid understanding of financial reporting and performance measurements and planning/forecasting.
• Consulting skills to be able to analyze, recommend solutions, mentor and direct people.
• List additional work experience preferred for this position.
• Good project management and organizational skills.
• Balanced and respectful approach to groups' differing responsibilities. Sensitive to complexity of WV direction, MFI board independence and shareholder requirements.
• Good communication and influence skills in both oral and written forms.
• Effective coach, able to train people in VisionFund policies and procedures formally and informally.
• Must be experienced in managing effective support of accounting computer software systems.
• Must be able to simultaneously manage multiple priorities and projects.
• Must be cross culturally sensitive as will work with associates from every area of the world.
• Flexibility on hours to contact people within wide time zone differences is required.
• Able to balance Christian values with commercial practices.

Job Experience: No Requirements

Work Hours: 8

Level of Education:
Bachelor Degree

Job application procedure
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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 02 May 2022
Duty Station: Kenya
Posted: 19-04-2022
No of Jobs: 1
Start Publishing: 19-04-2022
Stop Publishing (Put date of 2030): 19-04-2065
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