Branch Manager I for Merkato 2 and Sululta

at VisionFund Micro-Finance Institution S.C
Location Addis Ababa, Ethiopia
Date Posted November 23, 2022
Category NGO
Job Type Full-time
Currency ETB


About the Organization:
Vision Fund 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. Vision Fund is currently operating in five of the Regional States of the country. Vision Fund MFI is currently looking candidates for Branch Manager I Role for Merkato 2 and Sululta Branch. The successful candidates will have skills and experience that meet the following requirements:
1. 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

• BA Degree/Diploma in Economics, Accounting, Business Administration, Management, Banking, Marketing, Cooperative, Agricultural Economics, Agriculture or related social sciences and business fields.
• 4/6years relevant work experience for Degree/Diploma holders.
• 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.
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