IMMEDIATE INTERNAL/EXTERNAL

Position: Branch Manager for Shone Branch 

Place of Work: Shone Branch

Terms of Employment: Permanent

Opening Date: May 6, 2021

Closing date: May 12, 2021

About the Organization:

• VisionFund Micro Finance Institution (S.C) is an Institution established according to proclamation No. 40/96 to provide financial services to the productive poor in the rural and urban areas of Ethiopia. VisionFund is currently operating in four of the Regional States of the country.
• VisionFund MFI is currently looking candidates for Branch Manager role. The successful candidates will have skills and experience that meet the following requirements:

Major Duties and Responsibilities:

• Ensures verification of existence of clients and credit worthiness of their business;
• Chairs the Branch Credit Committee (BCC) and participates in evaluating, approving, or rejecting loans according to the level of discretion;
• Ensure saving deposit and withdrawals in accordance to the policies;
• Coordinates on growth areas and projections for disbursements;
• Plans and controls the liquidity of the branch; repayment of loans;
• Ensures the installment and operation of financial accounting system, production of financial analysis and reports, follows up cash flows and handling;
• Ensures that the targets agreed with the management are reached;
• Coordinate and supervise the operation of the branch;
• Plans personnel capacity, selecting new staff, undertakes fair & equitable HRM and evaluating existing staff in accordance with management decisions; 
• Supervises economical use of material resources (Generator, Motorcycles & Vehicles) ensures same are serviced on time & as scheduled;
• Ensures that the branch staff maintain very high morale, identifies capacity building needs and ensures adequate and updated training is provided;
• Undertakes annual performance appraisals and staff development plans;
• Develops the branch business plan and annual work plans and seeks approval from the SMT on the projected targets and required resources;
• Adjusts the plan as and when needed;
• Implements policies, procedures and internal controls at the branch offices;
• Decides on all operational & financial issues within the framework of existing regulations and management decisions;
• Performs independent balancing of all records;
• Works with other management members of the MFI;  
• Attends quarterly branch managers meetings, engages in team problem solving, works together on overlapping tasks;
• Provides back-up support to the other branches and head office as needed;
• Ensures efficient flow of information inquiries required by different Department from Head Office & Area Operation Office;
• Communicates with staff on organizational changes;
• Prepares and submits periodic overall performance and financial reports to the Area Office Manager, the Head Office and the Partners ( ADP, Local authorities etc) as specifically determined;
• Promotes loans, saving and any other services provided by the Branch;
• Plans and initiates promotional measures within the target markets of the branch; 
• Networks with local authorities other MFIs and communities;
• “Champions” the deposit mobilization efforts within the branch’s area of coverage;
• Implements a customer driven branch approach.

Job Requirements

• University degree or diploma in Economics, Accounting, Business administration, Management, Banking, Marketing, Cooperative, Agricultural economics, Agriculture or related social sciences and business fields.
• Related work experience of 4 years for degree and 6 years for diploma.
• 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 rectitude.
• Ready to comply and live up to and in accordance with the organization Ideals and Core Values.
• Be proficient in Microsoft office applications.
• Able to plan and manage finances, including a basic understanding of accounting.
• Be a good trainer, facilitator, mentor, and coach.
• Very good communication and marketing skills.

How to Apply

Candidates who fulfil the above requirements can submit the application letter, updated curriculum vitae with names and addresses of up to 3 references can apply online VFE_vacancy@wvi.org         

Women applicants are highly encouraged to apply!