Accounting finance Jobs at VisionFund and Never Again Rwanda

JOB DETAILS:
2 Recovery Officer
VisionFund Rwanda (VFR) is one of the largest deposit-taking Microfinance Institutions (MFIs) in Rwanda with a mission to provide financial and non-financial services to underprivileged rural communities. VFR is a subsidiary of VisionFund International and began in 1997 as a World Vision microfinance program, and in 2004 became a Central Bank regulated MFI in Rwanda.
We provide microfinance products to empower the clients we serve, primarily vulnerable women with children and youth in rural areas. Our products provide financial services to strengthen Village Savings and Loans Associations (VSLAs) and groups. Our average loan size is US $235. Strategically, we are one of the biggest partners with World Vision Rwanda and Care International in Rwanda.
Our savings products include educational savings accounts for children and we are developing financial products targeting youth. VisionFund Rwanda’s eight branches serve the entire country. Ninety percent of our field officers' work is spent in rural areas meeting potential clients and groups. The introduction of digital solutions allows our loan officers to provide better access to financial services for our most remote clients.

‘’Make a difference to thousands in the land of a thousand hills’’
VisionFund Rwanda (VFR), is Rwanda’s largest microfinance Institution committed to the development of Rwanda through providing affordable financial services (savings and loans) to the less privileged throughout its 4zones in Rwanda. VFR is the institution where you can develop your expertise working with the best people worldwide in a dynamic, team focused high performance environment. If you are looking for interesting but challenging work where you can make a difference in the world, then VFR has the will to make it so. VFR needs to recruit experienced and qualified staff on following positions:

2 Recovery officers
Reporting to :1 to Head of recovery and compliance and 1 to Kigali blanch manager
Work location:1 at Head Office/Kacyiru and 1at Kigali Branch/Muhima
To recover the maximum amount of non-performing loans while safeguarding VFR’s reputation in the market.

Major responsibilities
• Monitor the quality of the credit portfolio.
• Communicate with Loan officer and client on non-performance of loans and carry out required recovery action.
• Determine and enforce required recovery action for defaulted loans above 30 days in arrears.
• Communicate and coordinate activities required from external parties (such as legal services, Receiver and bailiff, local leaders etc.).
• Work with Legal department and external parties for recovery of defaulted loans.
• Provide the Risk Department at Head Office with relevant input for policies and procedures. (in coordination with the Branch manager).
• Review credit assessments as part of Branch Credit Committee.
• As part of Branch Delinquency Committee, present recovery actions taken on defaulters and propose new strategies to recover arrears.
• Train loan officers on identification of high risk clients.
• Draw recovery related reports for internal or external use.
• Comply with applicable BNR and other regulatory requirements.
• Perform other tasks reasonably required by the supervisors within the framework of this job description.

Qualification, experience, skills and knowledge
Education: Degree in accounting, Finance or related field, preferably with knowledge of applicable laws
Experience: 2-5 Years in related field..

Skills and knowledge:
• Have an established track record in lending and recovery.
• Be able to represent VFR under strong pressure from the client.
• Ability to thoroughly analyse financial information.
• Be independent from the client.
• Understand legal framework for recovery of loans.
• Negotiation skills
• Ability to demonstrate a good understanding of the client.
• Be a good communicator and have the ability to deal with conflict.

Our offer
VisionFund Rwanda is willing to offer you a competitive salary, challenging work where you can make a difference in the world, develop your expertise by working with the best people worldwide in a dynamic, team focused and high performing environment.


JOB DETAILS:
Senior Program Accountant
Reports to Management
Internal relationships Programme Team Leaders
Job location The job is based in Kigali; however, the post holder should expect to spend up to 10% of the time occasionally in different provinces of Rwanda.
Contract Duration Renewable Annually

Job Purpose
The most crucial part of their job is to Monitor budgets and expenditures, timely review of cash positions of donor funds, prepare monthly, annual financial management reports. Prepare donor reports.
They also need to provide clear understanding of the accounting financial software.

Specific Responsibilities
• Support design and formulation of programme within the area of responsibility, translating priorities into local interventions;
• Support in project management in the preparation of budgets
• Monitor budgets and expenditures, timely review of cash positions of donor funds,
• Prepare documentation needed to request for funds from donors;
• Prepare budget revisions;
• Determine unutilized funds;
• Support with the implementation of Financial software
• Support the finance unit in maintaining proper books of accounting
• Prepare monthly financial reports, bank and petty cash reconciliations
• Responsible for vendor maintenance on Banner for finance System ensuring compliance to systems,
• Supports procurement in Preparing and processing purchase orders, invoices, cheque requests and contract payments,
• Ensure that purchase orders, receiving and invoices are matched,
• Maintain a payables ageing report
• Provide guidance regarding purchasing and account payable to the employees,
• Responsible for checking inventory report on regular basis,
• Prepare monthly management accounts, annual financial statements, and other reports as required by the Management team.
• Maintain an updated fixed asset register always reconciled with the Accounting software.
• Assist in the budget process where appropriate
• Support NAR partners in financial management

Qualifications
• Bachelors in Accounting, Finance, Business Administration or a related field
• Level 2 holder of a Professional qualification as a Certified Public Accountant (CPA) or ACCA qualification. Full qualification would be an added advantage
• Master’s degree in Business Administration (MBA) or Masters of Science in Accounting or Economics would be an added advantage
• At least with 4 years’ Experience working with NGO’s and donors ( USAID, EU and others
• Solid knowledge of financial and accounting procedures.
• The desired skills and experience:
• Detail-oriented: an attention to detail for tasks with zero tolerance for errors and pro-activeness to probe further into data.
• Deadline-orientated with strong organizational and time management skills. Ability to prioritize and stick to time constraints is critical.
• Ability to work independently while maintaining the highest standards of integrity and professionalism.
• Excellent command of both oral and written English is essential.
• Ability to learn quickly and manage workload in a cooperative and demanding environment.
• Demonstrable in-depth working knowledge of Microsoft Excel, Word, and PowerPoint.
• Familiarity with Government of Rwanda taxation, employment policies.
• Expected to maintain the highest level of confidentiality and integrity and conduct yourself in a manner that is beyond reproach at all times.