VisionFund MFI New Job Vacancies

About VisionFund MFI:

VisionFund Micro Finance Institution (S.C) is a financial institution established to provide financial services to the productive poor in rural and urban areas of Ethiopia. Currently operating in five regional states, VisionFund MFI is looking for qualified candidates to fill the following positions at the head office:

1. Treasury Division Manager

Job Summary:

The Treasury Division Manager is responsible for efficiently managing cash and financial resources in alignment with VisionFund MFI’s objectives. This role involves close collaboration with the Director of Finance & Accounts Department, providing business insights and comprehensive analysis. Key responsibilities include liquidity management, risk-weighted returns, cash flow planning, and oversight of investments, loans, and funding sources.

Specific Duties and Responsibilities:

  • Analyzing financial markets to identify trends affecting earnings and capital requirements.
  • Assessing liquidity position using cash flow forecasts, financial ratios, and ‘what if’ scenarios.
  • Establishing and maintaining relationships with financial institutions to ensure adequate funds and favorable interest rates.
  • Advising on long-term and short-term investment and funding strategies.
  • Monitoring investments, borrowings, and cash reserves.
  • Ensuring compliance with internal policies, regulations, and liquidity requirements.
  • Managing staff within the Treasury & Budget Division.

Job Requirements:

  • MA/BA Degree in Accounting/Finance or related fields.
  • Minimum 8/10 years work experience in Microfinance or Banking Industry, with at least 5 years in senior/middle management.
  • Strong analytical, communication, and leadership skills.
  • Proficiency in banking software, accounting tools, and Microsoft Office.

2. Senior Budget Officer

Job Summary:

The Senior Budget Officer oversees the planning and budgeting process within the organization. Collaborating with the Director of Finance & Account Department, this role ensures proper utilization of resources at the head office, area office, and branches. Responsibilities include budget development, allocation, utilization monitoring, and financial planning for the institution’s strategic objectives.

Specific Duties and Responsibilities:

  • Developing operating budgets in coordination with the Director, Finance & Account Department.
  • Facilitating compilation of funding proposals for donors and funding agencies.
  • Analyzing expenditure trends and identifying opportunities to increase profits.
  • Managing staff within the Treasury & Budget Officers.

Job Requirements:

  • MA/BA Degree in Finance, Accounting, or related fields.
  • Minimum 5 years work experience in Microfinance or Banking Industry with Budget Management experience.
  • Strong analytical, communication, and leadership skills.
  • Proficiency in data analysis, forecasting methods, and MS Office.

How to Apply:

Candidates meeting the requirements can apply by sending their application letter, updated curriculum vitae (CV) with up to 3 references’ names and addresses, and non-returnable copies of credentials to VFE_vacancy@wvi.org or in person to VF MFI SC Head Office, located in Gerji Mebrat Haile, in front of Mulmul Dabo or P.O. Box 31478.

Closing Date:

August 1, 2023

Note:

  • Only shortlisted candidates will be contacted for subsequent assessment.
  • Women applicants are highly encouraged to apply.

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