Chief Executive Officer (CEO)

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Chief Executive Officer (CEO)

  • Post Date:December 7, 2022
  • Views 40
0 Applications
  • Career Level Officer
    Experience 8 Years +
    Gender Both
  • Industry Management
    Qualification Master’s Degree
    Salary As per Organization Salary Scale
  • Number of Opportunities 1
    Vacancy Number 0241/Mutahid
    Location Kabul
Job Description

About Mutahid Development Finance Institution :

Founded:

About Mutahid Development Finance Institution

Mutahid Development Finance Institution is A wholly owned subsidiary of the Microfinance Investment Support Facility for Afghanistan (MISFA), The Apex microfinance agency in the country, was established in April 2011 in an effort to create one larger, stronger and sustainable, best practice MFI based on the core principles of ethics, ideas, and hard work by initially transferring good clients, quality staff and loan portfolio of several MFIs which were exiting the Afghan microfinance sector.

Mutahid Currently employs about 300 staff, serving nearly 10,000 clients. Mutahid currently operates through fourteen branches in more than 10 provinces of Afghanistan. Mutahid is transforming to a fully Sharia-compliant financial institutions and currently offers Murabah financing. It is also a pioneer in the country in terms of the usage of digital financial services.




Job Summary:

Mutahid is looking for a Chief Executive Officer (CEO) with practical microfinance experience specially the experience of turning around an MFI in order to oversee the overall operations of the organization, provide strategic direction, and maintain effective fiduciary oversight of the organization’s investments.

 

Location

The staff will be based in Kabul city, Kabul. Afghanistan. He/She will travel to provinces on an as need basis.

 

Reporting

The CEO will report to Mutahid’s Board of Supervisors.

Duties & Responsibilities:

The CEO under the direction of the board will:

·      Demonstrate good corporate governance, provide leadership, develop core management team and provide continued guidance to the staff based on the core principles of ethics, ideas, and hard work.

·      Lead collaborative strategic and business planning. This includes review and development of the strategies including MIS, financial, HR, portfolio) product management, risk management framework/reporting and marketing and translating these into SMART operational plans.

·      Develop and report progress against the SMART operational plan based on the reviews and business planning exercise.

·      Improve existing products and design new products, policies and procedures as directed by the Board

·      Improve performance management systems, capacity building and talent management systems to optimize employees’ performance.

·      Prepare Mutahid for expansion phase including, disbursement augmentation, monitoring & supervision, outlet expansion, periodic employee appraisals and increasing financial services product range

·      Propose to the board cost-efficiency/ sustainability initiatives such as optimizing staff utilization, administrative cost control, technological solutions, leading to efficiencies, reorganizing process/ department etc.

·      Manage timely and accurate reporting of Mutahid to the Board and various stakeholders.

·      Support the independent internal audit function and address recommendations made by internal audit department and the internal audit committee of the Board in a timely manner.

·      Undertake periodic review of the business plan, financial and operational performance versus the plan and perform key variances analysis, where required, review the projections of Mutahid and make recommendations to the board for revisions.

·      Ensure strict compliance to the policies and procedures and a strong ethical environment in the institution.

·      Develop policies and procedures, where required, and update the entire suite of policies and procedures on a periodic basis.

·      Serve as the secretary to the Board, the CEO will make sure that the Board meetings are planned and held regularly and as per the by-laws.

·      If the successful candidate is an expatriate, He/She is expected to transfer knowledge & practice and develop local successors localizing the position seamlessly, towards the end of his/her contract.

Experience and Qualifications:

·      At least masters level educational qualification or equivalent.

·      At least 5 years executive level employment experience in development finance sector, preferably in Afghanistan or south/ central Asia region. The experience and knowledge of Islamic Finance will be a plus.

·      Fluency in English, working knowledge of Dari/Pashto would be a plus.

·      Exceptional integrity, communication, leadership, team building and interpersonal skills.

·      Strong financial skills pertaining to develop finance sector.

·      Good computing & analytical skills and up-to-date which technological developments in the development finance sector.

·      Ability to work under pressure, timelines and in a challenging environment.

 

 




 

 

 

 

 

 

 

 

 

 

 

Job Requirement:

·      At least masters level educational qualification or equivalent.

·      At least 5 years executive level employment experience in development finance sector, preferably in Afghanistan or south/ central Asia region. The experience and knowledge of Islamic Finance will be a plus.

·      Fluency in English, working knowledge of Dari/Pashto would be a plus.

·      Exceptional integrity, communication, leadership, team building and interpersonal skills.

·      Strong financial skills pertaining to develop finance sector.

·      Good computing & analytical skills and up-to-date which technological developments in the development finance sector.

·      Ability to work under pressure, timelines and in a challenging environment.

Job Location:

Afghanistan, Kabul

Submission Guideline:

The application package, only acceptable in English language, should comprise up-to-date resume and a cover letter explaining your interest and suitability for the position, salary and benefits expectations, and the earliest joining date if selected.

Interest candidates should submit their applications package only by email with the subject vacancy – Chief Executive Officer to [email protected] due to the expected large number of applications, only shortlisted candidates would be contacted.

 

 

 

 

 

 

 

 

 

 

 



Attachments:

CEO-ToR.pdf
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