CEO Job at VisionFund Tanzania

Job Title: Chief Executive Officer (CEO), VisionFund Tanzania
Location: Arusha VF Office, Tanzania
Job Type: Full-Time
Posted: 17 Days Ago
Application Deadline: March 19, 2025
Job Requisition ID: JR40336

About World Vision:
With over 70 years of experience, World Vision is dedicated to helping the most vulnerable children overcome poverty and experience fullness of life. We serve children of all backgrounds, even in the most dangerous places, inspired by our Christian faith. Join our 34,000+ staff working in nearly 100 countries and be part of transforming vulnerable children’s life stories!

Application Deadline: March 19, 2025
Application Language: Submit your CV in English.

Overview:
VisionFund Tanzania (VFT) is owned by VisionFund International, World Vision’s microfinance subsidiary. VFT is the fourth-largest and fastest-growing Microfinance Institution (MFI) in Tanzania, known for its high-quality portfolio, efficient operations, and self-sustainability. We are seeking a strategic and committed leader to serve as CEO and lead VFT’s operations.

Key Responsibilities:

1. Mission, Purpose & Business Acumen

• Ensure the vision, mission, goals, and policies set by the Board and VisionFund International (VFI) are fully implemented.
• Balance MFI sustainability and profitability while achieving social goals.
• Safeguard and steward VFT resources prudently.
• Foster an organizational culture reflecting VFT’s mission and vision.
• Develop, monitor, and implement the Strategic Plan, Three-Year Business Plan, and Annual Plan.
• Coordinate budget development, financial projections, and resource acquisition.
• Achieve targets and strategic goals, ensuring plans are cascaded to staff and KPIs are met.
• Provide transparent and timely reporting to the Board and VFI.
• Implement internal controls, risk management systems, and regulatory compliance.

2. Fundraising

• Negotiate with creditors, grant bodies, and financial institutions.
• Ensure compliance with grant conditions and reporting requirements.
• Manage and close grants and related projects effectively.

3. Finance Management

• Prepare annual financial projections, reports, and budgets for Board approval.
• Manage resources within approved budgets and drive profitability.
• Maintain effective financial management systems.

4. Risk Management

• Ensure portfolio quality aligns with VFI requirements and Board targets.
• Price and deliver savings products effectively (subject to MFI).
• Maintain liquidity management and adequate reserves for deposit-taking institutions.
• Ensure the institution meets external or VF Global Centre rating requirements.

5. Integration

• Promote effective integration with World Vision (WV) and VFI.
• Develop joint livelihoods projects with WV.
• Present VFT’s mission, programs, and services in a strong, positive image.
• Build networks and strategic alliances to influence economic policies.

6. People, Leadership & Culture

• Provide Christ-centered leadership and foster a positive organizational culture.
• Recruit competent senior and middle management.
• Implement staff development, succession planning, and performance management systems.
• Address non-performance and ensure staff engagement and motivation.

7. Policy Formulation & Compliance

• Formulate and implement guidelines and procedures consistent with Board, VFI, and regulatory policies.
• Ensure compliance with Central Bank and other regulatory requirements.

Required Knowledge and Qualifications:

• Master’s degree in Business Administration, Finance, Accounting, Management, or a related field.
• At least 10 years of senior management experience in microfinance, banking, corporate environments, or economic development.
• Clear understanding of microfinance industry and technology.
• Experience in regulatory environments and savings intermediation is preferred.
• Strong leadership, initiative, and team management skills.
• Ability to motivate and lead the organization forward.
• Commitment to organizational ideals and core values.
• Excellent training, facilitation, mentoring, and coaching skills.
• Strong communication, marketing, and analytical skills.
• Passion for poverty alleviation and community impact.

Travel and Work Environment:

• Typical office-based role with frequent field travel (40% travel, 60% office).
• Travel: 90% domestic, 10% international.
• On-call availability after normal working hours.
• Work permit required for non-local applicants.

CLICK HERE TO APPLY

Applicant Types Accepted:
Local and International Applicants (IAs) Accepted