The Finance Operations and Transformation Director (FOTD) is a new role within VisionFund International (VFI) Global Finance.
Reporting to the CFO and leading a team of nine, the FOTD has responsibility for VFI global financial operations and ensuring alignment behind the Our Livelihoods Promise strategy, including adoption of digital technologies. The FOTD will lead VFI's finance strategy, accounting, reporting and planning functions, and ensure global finance functions are effective and continuously improving. Leading external and internal projects, the role will drive transformation of financial systems and processes globally. The role uses strong relationship mgt, influencing and coordination skills.
This is a key strategic role to achieving the 2030 Strategy.
KNOWLEDGE, SKILLS AND ABILITIES:
A minimum of 15 years professional relevant experience; a minimum of 10 years external experience working in the middle-office and back-office functions of a multinational financial organization, preferably at a Group level and at a
Must have experience of transforming systems and processes in a multinational organization, preferably implementation of treasury/accounting systems.
Deep financial analysis and accounting understanding, preferably with some audit background.
Thorough knowledge and extensive experience in the microfinance and/or banking sectors.
Must have experience working with, engaging (hiring/firing) and leading external consultants (software providers, implementation providers, auditors, project mgt).
Must be cross culturally sensitive as will work with associates from every area of the world.
Flexibility on hours to contact people within wide time zone differences is required.
Able to balance Christian values with commercial practices.
Create VFI's first (and lead the execution of the) Global Finance Strategy globally, including transform digitally.
Responsible for monthly management accounts process globally. Responsible for the production of the annual financial report and for the production of reporting to the Board and executive management, including use of data visualization.
Ensure that appropriate accounting policies are developed and adhered to globally, running a team that is a technical center of excellence.
Lead global planning and budgeting processes at GC and MFI levels to ensure plans are centered in Strategy, have financial integrity, are achievable and undergo sufficient scrutiny. Responsible for the budget at GC level. This will require continued development and Lean 6 Sigma use on planning processes and models.
Lead the development of financial models, forecasting tools, and other analytical tools for budget and other forecasting. Ensure consistency of these different forecasts.
Lead and transform the GC 'Business Model' to ensure transparency, legality and fairness, and a balance of long-term GC sustainability with minimal MFI funding, engaging outside consultants/experts.
Ensure the GC finance staff receive appropriate related training. Mentor and coach the finance team to ensure their well being, effectiveness and suitable career paths. Work with the regional finance directors in the control over and update of the global VFI Finance Manual into the MFIs.
Provide management with ad hoc and strategic reporting and analysis to assist in the decision making process, including engaging on Corp. Fin./M&A matters with consultants.
Lead financial system adoption and ongoing management globally (including G/L, data warehousing, treasury), liaising with external consultants. Lead process improvement initiatives that promote financial visibility, process efficiency and project mgt accountability, with emphasis on standardization of policies/processes.
Oversee global External Audit engagement and appointment, with Audit Partner as point of contact. Lead country level External Auditor teams. Work with MFI management and hold them accountable for resolving identified audit issues.
Responsible for the ongoing administrative management of GC investments, liabilities, treasury payments and procurement. Establish and lead the Finance Business Partner initiative to liaise with and serve other GC dept leaders and MFI CFOs on their needs.