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Introduction

Sèvis Finansye FONKOZE, S.A. (SFF) is a Haitian non bank financial institution specializing in microfinance. Our aim is to lift families and communities out of poverty while operating in a financially self-sustaining manner. Today, we serve more than 200,000 clients through a network of 45 branch offices and 2,000 credit centers spread throughout all 10 departments of Haiti. FONKOZE employs over 800 full-time staff making us one of the largest private employers in Haiti.


Fonctions

The Chief Financial Officer (CFO) is responsible for developing the vision for the long-term financial strategy of Sèvis Finansye Fonkoze, S.A. (SFF). This includes and is not limited to leading, directing SFF’s financial and fiscal functions. This incumbent leads and oversees: capital planning, management andasset/liability management,financial/regulatory and other stakeholder reporting, management reporting,financial analysis, planning and budgeting. The CFOmanages the staffing and training of financial personnel to ensure maximum efficiency and high quality performance of the department. The CFO is a member of the Executive Management Team and supports the overall strategic development of the Institution. This position reports directly to the CEO.
Essential Responsibilities & Accountabilities:
I. Strategic Business Advisory

 Advises in the development of the Company's strategic plans, programs and long-term financial strategy
 Evaluates and advises on the impact of long-range planning, introduction of new products and services,legal, tax and regulatory action
 Provides strategic financial input and leadership on decision-making issues affecting the organization in close collaboration with other member of the Executive Management Team
 Communicates and interacts with other departments across the organization including Internal Control, Operations and IT to resolve issues pertaining to financial and operational performance
 Monitors the development of the legal and regulatory requirements on banks and microfinance institutions in Haiti and advises the CEO/Board

II. Capital, Liquidity, Asset/Liability Management

 Drives SFF's capital planning process and ensures efficient allocation of capital
 Develops a reliable cash flow projection process and reporting mechanisms that ensures minimum cash thresholds to meet operating needs
 Establishes and execute programs for the provision of financing (debt and equity) required by the businesses, including negotiating the procurement of financing (debt and equity) and maintaining the required financial arrangements
 Efficiently allocates liquidity throughout SFF's operations
 Monitorsinterest rate, liquidity and foreign exchange risksand advise CEO/Board accordingly
 Championsand leads the Asset/Liability Committee (ALCO)

III. Financial, Regulatory and Management Reporting

 Ensures SFF's monthly, quarterly and annual financial statements are issued in a timely manner and accurately reflect the financial performance of SFF for the period
 Communicates with the external auditor in preparation of annual audited financial statements
 Prepares reports and communications with BRH and other external stakeholders as required
 Delivers detailed management information and analysis on the profitability/sustainability, portfolio quality, productivity/efficiency of the overall organization as well as for every branch/business line
 Contributes to the effective improvement of key business processes and systems for internal management reporting in close cooperation with the IT department
 Supports the communication process with the branches on their performance in close cooperation with the CEO and COO

IV. Budgeting

 Supervises and drives the production of SFF's annual budgets, refine and implement the system for the strict control of and adherence to the budget, and report monthly on the outcome of the budget to the Boards through the Chief Executive Officer
 Develops credibility for the finance group by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the CEO, the Board and other senior management in performing their responsibilities
 Examines the corporate expenditure structure and suggests areas where cost reduction can be made without adversely affecting operations
 Continues to develop and implement budgeting tools to foster consistency over time
 Continually improves the budgeting process through education of department managers on financial issues impacting department budgets

V. Performance Management, Training, Development &Coaching

 Enables the employees of the Finance department to fulfill their job requirements
 Actively grows the abilities and skill of the department members through formal training programs, mentorship and hands-on learning
 Fostersan environment that encourages personal and professional growth to encourage loyalty, openness of opinion and constant curiosity
 Motivates team members to ongoing learning and support them to work towards internationally recognized certifications
 Communicates departmental objectives to staff members by:
o Developing guidelines
o Setting strategies
o Developing training programs
o Leading employees’ communications
o Establishing metrics for sustainability
 Evaluates the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group by participating to their Individual Operating Plan


Qualifications Requises

Qualifications
 Holder of a recognized Accounting designation, preferable (CPA)
 Member of « OCPAH »: Ordre des Comptables Professionnels Agréés d’Haïti


Education
University degree in Finance, preferably with major in Banking

Knowledge and Experience
 10+ years of experience in a position of increasing responsibility within Finance
 More than five years of experience in working in the financial services industry
 Outstanding interpersonal skills with the ability to build collaborative relationships with senior management, business heads, internal and external stakeholders
 Proven professional with strong leadership skills
 Ability to work, influence and engage across the organization
 Strong understanding of and direct experience with Financial and Managerial Accounting, in addition to having broad knowledge in the budget planning and monitoring of operational expenses and fixed items
 Proven professional experience in running an ALCO and Treasury function of a financial institution
 Profound knowledge in the preparation of financial statements according to IFRS
 Profound knowledge on processes in the finance department of a financial institution
 Profound knowledge and understanding of banking regulations and external reporting requirements for banks and microfinance institutions in Haiti
 Demonstrated desire to add significant value within an environment with great growth potential


Language
Haitian Creole, French and English


Key Competencies/Skills
 Leadership
 Analytical
 Communicating clearly/concisely
 Interpersonal/coaching
 Decision making
 Confidentiality
 Motivating
 Networking
 Structured
 Organized
 Problem analysis
 Problem solving



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