Job Title: Head of Finance and Administration

Location: Rwamagana, Gicumbi, Rubavu, or Nyamagabe

Reports to: Managing Director

Position Type: Full-Time

Applicants must meet all legal requirements for employment in Rwanda, including holding appropriate citizenship or residency status.

Background:

As part of Rwanda's ambitious long-term development plan to become a high-income country by 2050, we are transforming our financial sector through innovative initiatives. The Umurenge Savings and Credit Cooperatives (U-SACCOs), now consolidated into District SACCOs (D-SACCOs), play a pivotal role in creating inclusive financial systems across Rwanda. We are seeking an exceptional leader to drive this transformation forward.

The U-SACCOs were established as part of the National Savings Mobilization Strategy, with 416 cooperatives serving over 3.2 million members nationwide. Following successful automation under a shared Core Banking System, the next stage is consolidating these into 30 D-SACCOs. This strategic move aims to enhance operational efficiency and expand financial services across districts.

Job Summary

We invite applications for the position of Head of Finance and Administration. Reporting directly to the Managing Director, you will spearhead financial operations and administrative functions ensuring regulatory compliance while driving strategic growth initiatives. Your leadership will be instrumental in setting financial strategies aligned with the D-SACCO mission.

Key Responsibilities:

• Oversee daily operations to ensure efficiency and high-quality performance.
• Supervise and support departmental staff in their roles.
• Participate in management meetings and contribute to decision-making.
• Develop and implement departmental strategies in collaboration with senior management.
• Formulate and ensure the implementation of relevant policies.
• Ensure compliance with regulations and procedures.
• Manage relationships with staff, members, customers, and external partners.
• Prepare financial and operational reports for stakeholders.
• Oversee accounting, treasury, human resource, procurement, and logistics operations.
• Maintain awareness of the financial position and address potential issues.
• Forecast financial results and manage budgets.
• Evaluate investments and recommend cost reduction strategies.
• Perform additional tasks as assigned by the Chairman or MD.

Experience and Qualifications:

• Master’s or Bachelor’s degree in Accounting, Finance, or Business Administration.
• 10+ years in senior management in microfinance or banking.
• Minimum 5 years experience in finance and administration.
• Professional accounting certification (e.g. CPA, ACCA) highly preferred.
• Strong leadership, analytical and communication skills.
• Proficiency in MS Office and excellent knowledge of data analysis metrics.
• Excellent analytical and organizational skills with fluency in English (French is an asset).

Application Submission Instructions

To apply for this role, please submit your updated CV, relevant certificates, identification document and a cover letter that highlights your knowledge, experience, motivation and suitability for the position through the NFT Consult website at here. 

Please note that only applications submitted through our official website will be considered valid for review purposes. Only candidates who pass preselection will be contacted for further assessment.

Deadline for applications: 28th February 2025, 5pm CAT