Access to Finance (A2F)

Supervisor:  Director of Finance & Administration

Start Date:  February 2023

Status:  Full-time

Location:  Maputo, Mozambique

About the Opportunity

iDE is an international NGO with over 38 years of experience in designing and delivering market-based solutions to poverty. iDE is headquartered in Denver, Colorado, USA and operates in 11 countries around the world. iDE has been working in Mozambique since 2010 and maintains an active presence in 6 provinces covering a wide variety of thematic areas including Market Systems Development, Agriculture, Food Security, Nutrition, WASH, Women’s Economic Empowerment and Access to Finance. iDE Mozambique is supported by the Embassy of Sweden, Royal Norwegian Embassy, Swiss Agency for Development and Cooperation, USAID and other multilateral and foundation donors.

iDE believes that Access to Finance is a critical intervention that rural entrepreneurs need to grow their businesses and remain resilient in the times of climate change. The Access to Finance portfolio is in an expansion stage, after the successes in the Beira Corridor (Sofala, Manica and Tete) since 2016. Implementation will begin in the provinces of Cabo Delgado, Nampula, Sofala, Manica, Zambezia and Gaza.

Duties and Responsibilities

Technical Expertise

• Create and pilot new loan products for the Access to Finance program (A2F).

• Expand the access to finance (Kiva) loan program in Cabo Delgado, Nampula, Zambezia and Gaza.

• Responsible for the monthly reconciliations, accounting and reporting of access to finance (Kiva) balances in an accurate and timely manner.

• Lead the annual internal audit of access to finance (Kiva) program.

• Support the gender inclusive strategy for the A2F program and impact evaluation reports.

Team Management and Capacity Building

• Lead and support a team of loan officers to meet portfolio targets consistently.

• Ensure accurate reporting of repayments and driving new loan applications for expansion.

• Capacity building of staff in areas of evaluation, delinquency management, accounting and implementing new strategies.

• Recruitment of new loan officers and creating an induction and training plan for new staff.

• Complete performance reviews for staff on an annual basis.

Stakeholder Management

• Stakeholder management of Kiva and other future partnerships for iDE Mozambique.

• Support the creation and visibility of new communication material for the A2F program.

• Meet accurate reporting and deadlines for monthly, quarterly, and annual reporting for the partner organization.

Project Management

• Support in the digitization project of the financial and business training for beneficiaries.

• Design and implement new technical assistance projects with stakeholders/donors interested to invest in access to finance projects.

Compliance

• Develop policies and procedures to support the financial inclusion function.

• Keep abreast of relevant changes in legislation, good practice and policy, initiating changes as required.

•  Identify the causal links that may have led to the financial crisis and refer to strategies that may help to mitigate the underlying problem.

• Prepare the monthly csv file for the KIVA program and ensure that all disbursements and receipts are properly recorded. In addition, the loan repayment is tracked by individual loans repayment and administrative fee

• Complete the bank reconciliation for the KIVA bank account

• Prepare the required paperwork (full package) for the disbursement of KIVA loans, not limited to, RI, OP, repayment schedule, verification of beneficiary bank details, and approvals

• Ensure that all the loan paperwork is duly filed in the KIVA platform

• Ensure that disbursement projections are provided to the finance section to ensure availability of funds

• Do the KIVA reconciliations on a monthly basis – receipt of funds/return of funds to KIVA as well as update the total outstanding loans per beneficiary/loan on a monthly basis

•  Keep a track of all the KIVA operational costs (salaries and other expenses) which are paid out of the KIVA administrative fee earned

• Ensure that all KIVA documents are hard /soft copy archived and ready for audit review

Administrative tasks

• Manage the iDE Mozambique Administration Department

• Undertake procurement less than <$5,000 following iDE and donor guidelines

• Building and facilities management (including lease payments, repair and maintenance, utilities, security services, stationery supplies, consumables, cleaning materials, etc)

• Asset and inventory management including updating the list and quarterly physical inventory checks

• Responsible for the fleet management including vehicle(s) maintenance, fuel, and log books;

•  Records retention and archiving (of hard and soft copy of all financial and administrative records) including the originals from the field offices

• Responsible for travel arrangements (by air and road) and hotel reservations

• Coordinate with other departments as may be required to perform specific tasks

• Coordinate with field offices for hotel and travel arrangements and other tasks as required.

Other tasks may be assigned from time to time based on needs of the department and the organisation (including providing assistance to the finance department on specific assigned tasks and during the annual audits).

Essential Qualifications & Experience

Qualifications/Requirements:

• Preferred a master’s degree in agribusiness, finance, accounting, administration, or related field.

•  5+ years of work in finance and administration, especially credit management, SMEs, or investments.

• Experience of managing administration of a head office of an organisation

• Experience in managing staff, time management, delegation of responsibilities, and being a team player

• Considerable experience working in the financial inclusion area in Mozambique.

• Understanding of financial products like savings, credit, insurance, and investments.

• Experience in managing a team, performance evaluation and capacity building.

• Deep understanding of agribusiness and/or rural enterprise development with a focus on agricultural and rural market dynamics and savings groups in Mozambique.

• Track record in complex project management with a focus on agribusiness or similar fields

• Critical thinker with problem‐solving skills with demonstrated initiative and commitment to continuous system improvement.

• Results oriented and willing to take on additional areas of responsibility relevant to the role.

• Flexible personality including the ability to undertake tasks at all levels

• Proven track record of managing a team

• Open to frequent field travel in the country.

• Fluency in Portuguese and English (both oral and written).

How to Apply

Interested Candidates are asked to submit their CV, highlighting their work and experience with Participatory Evaluation methods. Please write “Senior Access to Finance (A2F) and Administration  Coordinator” in the subject line, to: mozambique-recruit@ideglobal.org, until February 28 th , 2023. Only Shortlisted candidates will be contacted. We are only able to consider electronic submissions. Only shortlisted firms will be contacted and invited for a technical discussion. Avenida do Zimbabwe No 1688 & 1694, Maputo, Moçambique | +258 82 3078633 | www.ideglobal.org