Finance Officer (Funding/Lender Management) job at VisionFund Tanzania

Vacancy title:
Finance Officer (Funding/Lender Management)

[ Type: FULL TIME , Industry: Banking , Category: Social Services & Nonprofit ]

Jobs at:

VisionFund Tanzania

Deadline of this Job:
Friday, March 15 2024 

Duty Station:
Within Tanzania , Arusha, East Africa

Date Posted: Sunday, March 10 2024, Base Salary: Not Disclosed

Similar Jobs in Tanzania
Learn more about VisionFund Tanzania
VisionFund Tanzania jobs in Tanzania

VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) formerly known as SEDA is a fast growing and reputable Micro Finance Bank (MFB), has a loan book of more than TZs. 40 billion and more than 50,000 customer base, more that 5,000 of them being small holder farmers. VFT-MFB is seeking to employ a dynamic and committed Tanzanian young men & women who have passion for people’s economic development to fill in the vacant position detailed here below;

Work Reference No. 03/24
Position: Finance Officer (Funding/Lender Management)
Reporting to: Chief Finance Officer

Job Purpose
• Creating and Maintaining Quality Relationships with Lenders through-out Lender
• Management Cycle
• Grant Management

Main tasks
• Create Pipelines and Establishing Contacts with Potential Lenders/Funders for VFT MFB
• Coordinating Initial Engagements to Introduce Lenders/Funders to VFT MFB
• Maintaining Monthly Updates of VFT MFB Profile for Potential Lenders/Funders Consumption
• Coordinating and Disseminating Information needed for Due Diligence Exercises
• Maintaining all Paperwork Relating to Lenders and Loans
• Work with Lenders and VFT MFBs banks to ensure complete registration of all loans as per Central Bank Requirements
• Engage with Lenders on the Technical Assistance Opportunities that VFT MFB may benefit from
• Preparing Monthly Foreign Debts Reports required by the Central Bank
• Ensure Compliance with Local Tax Laws and Regulations with respect to Foreign Debts
• Preparing Reports in the Format and Frequency Required by Lenders
• Maintaining a Current Covenants Compliance Report for Management Consumption
• Maintain Repayment Calendar/Schedule for all the loans, put the Finance Manager in the loop to ensure availability of funds for loan repayments
• Monthly Reconciliation Between Loan Interest Accrual Schedules and Accounts Records Maintained in the System
• Work in collaboration with Head Office Accountant to ensure Compliance with Grant MoUs (Conditions and Reporting Requirements)
• Any Other Duties as will be assigned by Supervisor

Qualifications and experience
• Must have a General Understanding of Microfinance Industry and/or banking
• Very good in communication skills both Spoken and written
• Finance/Accounting Background
• Very good analytical & reporting skills
• Good Understanding of local regulatory requirements especially around Foreign Debts
• Proficient in Microsoft office application
• Model and demonstrate effective Christian Leadership and Devotions.

Other attributes.
• Committed Christian
• Good communication and writing skills
• Competent in Microsoft word, excel and power Point
• Knowledge in social media marketing
• Excellent analytical skills.
• Determined personality with initiative, perseverance, self-motivated and ability to work with very minimal supervision.

About our working environment & remuneration.
VisionFund Tanzania Microfinance Bank has a calm and harmonious working environment where staffs are highly valued. Good work is recognized and rewarded accordingly and there is an opportunity to grow professionally and spiritually.

Work Hours: 8

Experience in Months: 24

Level of Education:
Bachelor Degree

Job application procedure
Interested and suitably qualified individuals should forward their application letter, attaching certified copies of their academic and professional certificates; detailed CV’s with three referees and also a copy of NIDA ID to 
The Chief Executive Officer,
VisionFund Tanzania Microfinance Bank Limited
P.O. Box 1546,
The position should be the subject of the email application and deadline for the application is on 15th March, 2024.
N.B. Only short-listed candidates will be contacted.

VisionFund Tanzania Microfinance Bank would like to inform the general public that it has not
engaged any consultant/agent to conduct recruitment on its behalf.

All Jobs


Job Info
Job Category: Accounting/ Finance jobs in Tanzania
Job Type: Full-time
Deadline of this Job: Friday, March 15 2024
Duty Station: Arusha
Posted: 10-03-2024
No of Jobs: 1
Start Publishing: 10-03-2024
Stop Publishing (Put date of 2030): 10-03-2077
Apply Now
Notification Board

Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.