Enterprise Business Financing Officer at CAMFED

Enterprise Business Financing Officer at CAMFED

Enterprise Business Financing Officer at CAMFED  

Dar es Salaam

CAMFED Overview

CAMFED (the Campaign for Female Education) is internationally recognized as a leader in education for girls, for its child protection policy and practice, and as a voice for girls’ education and women’s empowerment at the highest levels. Founded in 1993, CAMFED supports young women throughout their primary and secondary school years, into economic training and further education, and onto leadership, as role models, activists, and philanthropists.

Job Title: Enterprise Business Financing Officer (1 post)
Reporting to: Program Manager Enterprise Development
Start Date: ASAP
Location: Dar es Salaam, Tanzania

Job Purpose:

Under the direction of the Program Manager, the Enterprise Business Financing Officer will be responsible for supporting the effective planning, budgeting, implementation, monitoring, and evaluation of programs targeted at enabling young women to transition from school to entrepreneurship and secure improved livelihoods. The role also involves supporting District Program Coordinators in selected operational districts to ensure quality, measurable, and cost-effective deliverables are achieved within stipulated timeframes and in compliance with donor requirements, policies, and procedures. This includes team motivation and capacity building, building and managing strategic relationships with key stakeholders (e.g., relevant government institutions, NGOs, Microfinance Institutions (MFIs), donors at the regional and district levels).

Specific Accountabilities:

A: SEED MONEY SCHEME MANAGEMENT:

Manage loan administration and management (processing, disbursement, repayment, and reporting) of loans tailored to the needs of young women.
Keep up-to-date loan and grants administration systems that align with Financial Force and KIVA PA2.
Build effective working relationships with external financing partners to create opportunities and provide access for young people transitioning.
Build a strong resource team to support the management of the seed money scheme at the district level.
Provide quarterly reports on processing, disbursement, and default status of loans.
Develop a delinquency management strategy, keeping the delinquency rate at a maximum of 10%.
Impart knowledge on scheme management to stakeholders and program teams.
Stay updated with country policies and regulations on microfinance and advise CAMFED management accordingly.
Lead in the implementation of all young women programs ensuring effective and quality delivery of access to finance program activities in line with the annual work plans and donor targets (e.g., Kiva, Revolving Loan Fund, Financial Practice Grants, Group Loans).
Increase loan uptake among the network of young women.
Manage organizational floating capital for loans.

B: RISK MANAGEMENT:

Identify potential risks associated with CAMA members’ access to loans in and out of CAMFED and develop strategies to mitigate these risks.
Update risk registers quarterly on issues emerging from the seed money scheme.
Conduct borrowers’ verification quarterly for all loans and grants recipients.
Ensure donor compliance and adherence to organization’s policy in the administration and management of loans and grants.

C: SYSTEM TRANSFORMATION:

Collaborate with the government to scale best practices through DBC, CDC, and relevant ministries.
Link CAMA members with government task forces on technical working committees.
Document and collect evidence on best practices and what works well for young women accessing loans.
Represent CAMFED in local, national, and international events physically or virtually as necessary.
Apply learning to inform programming based on lessons learned from the seed money scheme.

D: CHILD PROTECTION AND SAFEGUARDING:

Train and ensure stakeholders working with young women in loans and grants adhere to and sign the child protection policy.
Ensure financed businesses through loans and grants do not violate child labor laws or harm young women.
Promote the whistleblower policy in day-to-day activities with stakeholders.
Address loans and grants for entrepreneurs in a timely and respectful manner.

Person Specification:

Applicants must have a verifiable Bachelor’s degree in Microfinance and Enterprise Management, Bachelor of Arts in Community Development, Bachelor of Commerce (B.Com), Bachelor of Business Administration (BBA), Bachelor of Rural Development, or Bachelor of Science in Agriculture Economics and Agribusiness.
Proven experience in a relevant field.
Ability to work independently and as part of a team, with strong communication skills and attention to detail.

Application Details:

Please note: All official communication pertaining to job applications and interviews will be exclusively conducted through CAMFED’s official channels. These can be found on our website (http://www.camfed.org). CAMFED will never request applicants to pay a processing fee or to provide personal or financial information for recruitment purposes. CAMFED has a zero-tolerance approach to sexual exploitation, abuse, discrimination, and harassment in all forms. All applicants will, therefore, be subject to a comprehensive verification process, which includes background and reference checks, as well as verification of qualifications.

Please submit applications to [email protected] including your most recent CV and Cover Letter using Finance Officer or Enterprise Business Financing Officer in the subject line depending on the role for which you are applying. We will close this vacancy on Thursday 18th July 2024.

CAMFED has a zero-tolerance approach to sexual exploitation, abuse, discrimination, and harassment in all forms. All applicants will, therefore, be subject to a comprehensive verification process, which includes background and reference checks, as well as verification of qualifications.

Go to our Homepage To Get Relevant Information.