Chief Financial Officer

ABOUT THE ORGANIZATION: 

Financial Systems Development Services (FIDES) AG is a private company with headquarters in Fribourg, Switzerland. Its mission is to create, manage, and fund sustainable MFIs accessible to customers excluded from the existing banking system. It works with financial institutions and civil society initiatives mainly in Africa. FIDES implements and supports financial institutions in rural areas through technical and institutional innovations for the development of sustainable financial services even in areas where population density is relatively low.

ABOUT THE JOB: 

FIDES is seeking a Chief Financial Officer. S/he will be responsible for the management of the finance and administrative department of Micro-Banco Fides Mozambique (MBFM), a new MFI recently created by the organization in Mozambique (Nampula).

Tasks and Responsibilities:

• Accounting and finance activities of MBFM, a microfinance bank in its start up phase. This includes:
  • Develop, implement, and maintain finance and accounting procedures in compliance with the legal standards, the reporting requirements, and with the specific features of the products and services offered by MBFM;
  • Create, coordinate, and evaluate financial planning and support information systems of the MFI including the annual budgeting process;
  • Ensure records systems are maintained in accordance with generally accepted international auditing standards and legal and regulatory requirements of Mozambique.
• Reporting and BoM compliance:
  • Ensure compliance with the regulatory reporting requirements of Bank of Mozambique, and those of the board of directors, the shareholders, and other institutions as well as the IFRS and close interaction with the bank’s external financial auditors;
  • Approve and coordinate changes and improvements in automated financial and management information systems for the MFI;
  • Secure that the MIS operates in line with requirements of the MFI.
• Administration and personnel management, including:
  • Draft and implement human resources development plans for the finance department;
  • Responsible for the relations with staff.
• Interact with other managers to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations;
• Contribute to the development and the implementation of strategic business and/or operational plans, projects, programs, and systems.

Qualifications:

• Minimum of a university degree BSc., with a major in Finance/Accounting/Audit preferred;
• Minimum 6-10 years of working experience in financial department positions with increasing managerial responsibility within a financial institution;
• Working experience in auditing is beneficial;
• Working experience in Africa (at least 2 years), preferably in Mozambique or in another Portuguese speaking country;
• Demonstrated abilities in organization and management of financial/accounting staff. Thorough understanding of operational risk of an MFI. Implementation and working with computerized accounting and MIS;
• Good communication and presentation skills - written and oral;
• Good written and spoken English – speaking Portuguese language will be an asset.

HOW TO APPLY: 

Interested candidates are requested to send their resume and cover letter as soon as possible to recruitment@fidesgroup.org