Overview
The Director of Finance provides strategic financial leadership to ensure long-term sustainability, regulatory compliance, and operational excellence for VisionFund Rwanda. This role is pivotal in safeguarding assets, optimizing financial performance, and enabling growth through robust planning, risk management, and governance frameworks.
Tasks Summary
- Provide financial oversight of VFR, including monitoring financial performance, attending ALCO meetings, and leading the annual business planning and budgeting process.
- Coordinate deliverables for external audits and act as a member of the procurement committee.
- Ensure a robust internal control framework is established and effective, and oversee finance systems implementation and upgrade projects.
- Ensure full implementation of the Finance policy and Manual, and track local regulatory, legal, and tax changes.
- Engage with auditors on key audit findings and ensure clearing of audit issues.
- Ensure compliance with regulations on liquidity, capital adequacy, and provisioning.
- Oversee liquidity and funding needs, negotiate loan terms, and prepare business cases for funding requests.
- Develop contingency plans for liquidity crises.
- Model Christian leadership and VFR Core Values, and inspire and nurture the spiritual and professional development of finance team members.
- Manage the performance of VFR Finance staff and ensure adequate finance team capacity.
Experience Requirements
- Minimum of seven (7) years of experience in a senior finance role, such as Chief Financial Officer, Head of Finance, Chief Accountant, or an equivalent supervisory capacity.
- Prior experience in microfinance and/or commercial banking.
- Deep accounting, financial reporting, financial forecasting and financial performance and analysis knowledge and skills developed over a minimum 7 years.
- Thorough knowledge and extensive experience (minimum 7 years) in the microfinance and/or banking sectors.
- Understanding of balance sheet risk management including interest rate risk, liquidity risk and foreign exchange risk as well as bank funding processes and contracting.
- Experience preparing board documents and presenting in board meetings.
Qualification Requirements
- Bachelor’s degree in finance or accounting from a recognized university.
- Professional certification: CPA or ACCA – fully completed.