VACANCY ANNOUNCEMENT

               

Post Title:                              Managing Director

Organisation:                       National Microfinance Foundation

Location:                                Sanaa

Duration:                               Full time, including 3 months probationary period

No. of Post:                            1

Date Announced:                   March 10^th, 2010

Closing Date:                        March 30^th, 2010

 

 

Background

 

The National Microfinance Foundation was established by the Social Fund for Development in 2004 as a non-governmental organization that aims to improve the economic and social conditions of the low and limited income working Yemenis, by providing the with a  variety of financial services that they cannot obtain from the mainstream banking sector.    

 

Currently, NMF is the largest microfinance institution in Yemen, and as of January 2010 had 15,449 active clients served through 11 branches located in  Sanaa , Taiz , Qaedah , Yarim , Ibb , Dhamar , Hajjah , Lahj , Hodaidah, and Abs.

 

The Foundation requires a Managing Director to provide leadership, supervise staff, manage every day activities, identify problems, provide solutions, and ensure effective implementation of the Foundation's five year strategic plan.

 

Specific responsibilities:

The Managing Director will be responsible for the following tasks:

·          Report to the Board of Directors on a regular basis.

·          Manage and supervising the program's middle managers and conduct regular field visits.

·          Manage the program's financial resources in collaboration with the finance manager and diversify the funding option for the program with the aim of achieving the program's financial and operational self sufficiency.

·          Ensure the development of the program's staff and hiring of new staff in cooperation with the HR Manager.

·          Coordinate the preparation of strategies and detailed work plans to increase the program's outreach and financial sustainability in collaboration with the other team members, such as the Operations Manager, the Financial Manager, and HR Manager.

·          In cooperation with the middle management, the MD will ensure that the program's strategy is implemented according to procedures and plans, including the delivery of financial services, the development of the program's human resources, and geographic expansion.

·          Ensure effective communication and coordination with the Board of Directors, donors, and other competitors and stake holders.

·          Traveling across the country and abroad will be required.

 

Qualifications and skills

The Managing Director must have the following qualifications and skills:

 

·          A Bachelor Degree as a minimum (Masters Degree preferred) from a reputable university in business, finance, management, economics, accounting, or any other related field.

·          Five years of experience in a managerial position in a major company, bank, or development organization, with a proven track record in dealing with international donors, and research agencies, government institutions, etc.

·          Strong communication, public relations, organizational, and leadership skills.

·          Mature, energetic, creative, and dynamic personality.

·          Possess the ability to produce accurate and precise strategies, working plans, and reports to the Board of Directors, donors, and other parties concerned.

·          Competent with the use of computers.

·          High proficiency in written and spoken Arabic and English.

·          Traveling across the country and abroad will be required.

 

Salary, benefits and others:

·          Salary (including social security) will be attractive, according to working experience and qualifications.

·          Training opportunities abroad and in the country will be available.

 

Submission guideline:

The application should comprise of a one page cover letter explaining the applicants’ interest and suitability for the position, indicating earliest joining date if selected, and a CV with at least two significant references

 

Interested candidates should submit their application by email to: smed_jobs@sfd-yemen.org before 30^th of March 2009. Applications received after the closing date will not be considered. Only short - listed candidates will be contacted for interviews.