VisionFund Micro Finance Institution (S.C)

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 External Vacancy Announcement

Job Position 1 – Teller II

Required Qualification and Experience
Education: Diploma in Accounting/Management/Banking/Marketing/Rural development/ Cooperative or related social science fields
Practical credit or cash handling or related work experience of 2 years
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
Good knowledge in economic and financial topics
Good analytical and problem solving skills
Computer literacy is desirable

Major Responsibilities:

Assists the Branch staff in handling all issues related to collateral & the safe custody of all legal documents on real estate mortgage & chattel mortgage;
Assists in registering & discharging mortgaged items;
Ensures the safe custody of all legal documents on real esate mortgage & chattel mortgage;
Draws up draft contracts, agreements, forms, letters of guarantee and other transactional documents, etc. that suit a specified purpose;
Examines judgments & court rulings; analyzes their impact on company business & advises supervisor on approaches to be followed;
Gathering facts and establishing evidence, conducting investigations, examination analyses of cases and preparation of contracts and claims;
Ensures the proper & timely delivery of notices to delinquent clients.
Investigates & takes proper legal actions to rectify theft, forgeries & misappropriation of funds & property;
Complies & analysis information & statistics that would assist in carrying out court activities & provides legal advice & assistance to the branches in legal matters of limited complexity and gravity & in translation work of legal documents.
Place of Work: South Region: Yirgachefe Branch

Job Position 2 -Branch Accountant I

Required Qualification and Experience
Education: Bachelor degree or Diploma in Accounting, Finance and Budgeting or related fields.
Chartered accountant is an added advantage.
Experience: 2 years for bachelor degree or 4 years’ experience for diploma in related positions.
Determined personality with initiative, perseverance and the ability to motivate & manage a team.
Capability and willingness to take responsibility and highly developed sense of integrity
Ready to comply and live up to and in accordance with the organization Ideals and Core Values.
Be proficient in Microsoft office, Sun systems and excellent use of Excel spreadsheets.
Highly developed sense of reliability and accuracy.
Be a good trainer, facilitator, mentor, and coach.
Very good communication skill

Major Duties and Responsibilities:-

Ensure the maintenance of an updated and well-kept accounting books and records:-

Handle and ensure branch’s daily financial transaction (payments, collections, cash withdrawal & deposition in banks, saving withdrawals, cash count etc.) are in line with financial policy and procedure of the institution.
Ensures timely and accurate weekly & monthly bank reconciliation for all accounts of the branch and take prompt  action on reconciling items
Ensures observance of policies in the preparation of payments, deposits, petty cash and vouchers
Ensures that the accounting books,  records, loan documents etc. of the MFI branch are properly filed and stored for efficient retrieval and use;
Signs and counter signs on all financial documents and statements with the Branch manager.

Prepare and assist for both internal and external audits:-

Provides assistance in any audit or examination to be conducted by the external or internal auditor, government regulatory agencies as well as other parties duly authorized by the Board of Directors or the CEO to conduct such activity;
Facilitate availing of all necessary documentation for branch audit task and ensure that proper minutes is kept, signed and properly filed up on audit exit conference.

Maintain sufficient control systems:-

Play internal control role of the branch office, i.e ensure that all financially and operational activities of the branch is in alignment policies and procedures of the institution and regulatory requirement
Keeps a systematic monitoring of all of the MFI’s property and equipment, monitor its movement and review its condition as compared to its book value;
Ensure financial documents (cheque books, vouchers, loan documents etc.) are kept in safe custody and handled in accordance of policy and procedure of the institution.
Ensure that all financial documents and loan documents are signed by parties involved and properly filled;
Ensure management of cash; cash in hand and at bank is done in line with policy and procedure of the institution.
Work with the treasurer to ensure adequate control of cash and other assets according to laid down policies for the MFI.
Ensure that monthly client verification is done, signed and orderly documented.
Ensure that budget and budgetary control is done in accordance with policy and procedure of the institution
Formulate financial budget and annual plan of the branch in coordination with Branch manager;

Responsible for branch cash flow forecasting and liquidity management of branch office
Reporting:

Ensure system generated tasks such EOM running, backups, off-line files; scanned copies of loan documents are properly handled & timely reported.
Promptly produces regular financial and other reports per policy and procedure of the institution;
Produce for review monthly income, balance sheet and cash flow statement of the head office.
Place of Work: Piassa (CN) and Harufa (South) Branch offices.

How To Apply:
Candidates who fulfill the requirements can send their application, curriculum vitae, names and addresses of up to three references and non-returnable copies of credentials in person to Yirgachefe, South Regional HR & Administration Officer, Piassa, Harufa, CN & South Region HR & Administration Office or online through Email: [email protected].

Please specify the job title and location when you apply
Women applicants are highly encouraged to apply
Note: Only short listed candidates will be contacted for subsequent assessment.