With 75 years of experience, our focus is on helping the most vulnerable children overcome poverty and experience fullness of life. We help children of all backgrounds, even in the most dangerous places, inspired by our Christian faith.

Come join our 33,000+ staff working in nearly 100 countries and share the joy of transforming vulnerable children’s life stories!

Key Responsibilities:

Overview

VisionFund Tanzania is owned by VisionFund International, World Vision’s microfinance subsidiary. VisionFund International is differentiated by its integrated approach in working with World Vision’s community-based development efforts to address rural poverty. VisionFund Tanzania (VFT) is currently the fourth largest and the most rapidly growing Microfinance Institution (MFI) in Tanzania. It also has the highest quality portfolio, some of the most efficient operations (second lowest cost per borrower) and is solidly self-sustainable. 

Reporting directly to the Chief Executive Officer, we are looking for strategic and purpose-driven Finance Leader who will take the role of Chief Finance Officer (CFO). He/she will be an integral member of the Senior Leadership Team. The CFO will work collaboratively across functions including ICT, Operations, Risk and Compliance, Legal, P&C, and Internal Audit, ensuring efficient financial resource stewardship and strategic alignment across the company.

Key Responsibilities

Strategic Financial Leadership

Act as a key advisor to the Executive Director and Senior Management on financial strategy, treasury, accounting, and administration.

Provide financial insights and reports to the Board of Directors (BoD), senior management, regulators, and other stakeholders in a timely manner.

Develop business and financial reports for the Board of Directors to support strategic decision-making.

Continuously monitor the organization’s financial performance, comparing actual results with operational and business plans.

Financial Planning & Budgeting

Support Head Office and Branches in the preparation of business plans, annual operating plans, and budgets.Ensure that branch plans are effectively incorporated into an overall business plan and projections model.

Financial Policies & Risk Management

Establish, review, and update financial policies and procedures to ensure relevance and cost-effectiveness

Maintain finance management manuals, including treasury, accounting, and administration, ensuring updates reflect policy changes.

Serve as a key member of the procurement committee, providing financial analysis to guide sound decision-making.

Implement measures to enhance the credibility and objectivity of financial statements and reports.

Liquidity & Asset Management

Control and monitor the institution’s funding requirements and cash flow management.Assess liabilities, explore borrowing arrangements, and manage access to funds.Ensure adequate control of cash and other assets through robust budgetary management and CBK regulatory compliance.Develop and update contingency plans to mitigate liquidity crises.Recommend and refine policies on liquidity and funds management to ensure applicability and practicality.

Regulatory Compliance & Reporting

Ensure strict adherence to regulations concerning liquidity, capital adequacy, provisioning, and financial reporting as set by CBK and other regulators

Address inquiries from CBK, other regulators, and external auditors, providing necessary assistance during inspections.

Liaise with tax authorities and consultants to ensure compliance and address tax-related matters.

Manage the organization’s insurance portfolio and oversee claims settlement to prevent undue losses.

Knowledge, Skills and Capabilities

Required Qualifications and Experience

CPA or equivalent accounting background is a must

Master’s degree in finance, Accounting, Business Administration, or a related field.A minimum of 8 years of relevant experience, with at least 4 years in a Senior Leadership role in Microfinance, Retail Banking, or Enterprise Lending.In-depth knowledge of banking principles, MFI industry practices, and current trends in microfinance and finance. Finance certifications and practicing licenses will be desirable.Solid understanding of financial reporting and performance measurements and planning/forecasting.Strong leadership capabilities with a proven track record of driving performance and motivating teams.Excellent communication, negotiation, and interpersonal skills; adept at business development and stakeholder management.Proven high performance in similar senior roles, with a strong emphasis on growth, results, and team motivation.Demonstrated ability to act as a change agent, driving operational improvements and organizational growth.High ethical standards and commitment to personal and organizational integrity.He/she should have proficiency in Microsoft Office Suite (especially Excel), and familiarity with accounting software (e.g. QuickBooks, SAP).Strong analytical and problem-solving skills or abilities.Determined personality with initiative, perseverance, and the ability to motivate and manage a teamCapability and willingness to take responsibility and highly developed sense of rectitudeReady to comply and live up to and in accordance with the organization's Ideals and Core ValuesMust be experienced in managing effective support of accounting computer software systems. Ability to simultaneously manage multiple priorities and projects.Must be cross culturally sensitive as will work with associates from every area of the world.

Preferred Knowledge and Experience

Consulting skills to be able to analyze, recommend solutions, mentor and direct people.Good project management and organizational skills. Balanced and respectful approach to groups' differing responsibilities.  Sensitive to complexity of WV direction, MFI board independence and shareEffective coach, able to train people in VisionFund policies and procedures formally and informally. Flexibility on hours to contact people within wide time zone differences is required.

Travel and Work Environment

The position is based in Arusha, Tanzania with travel within Tanzania and other countries for conferences and trainings

Applicant Types Accepted:

Local Applicants Only