Background:

As part of Rwanda's ambitious long-term development plan to become a high-income country by 2050, we are transforming our financial sector through innovative initiatives. The Umurenge Savings and Credit Cooperatives (U-SACCOs), now consolidated into District SACCOs (D-SACCOs), play a pivotal role in creating inclusive financial systems across Rwanda. We are seeking an exceptional leader to drive this transformation forward.

The U-SACCOs were established as part of the National Savings Mobilization Strategy, with 416 cooperatives serving over 3.2 million members nationwide. Following successful automation under a shared Core Banking System, the next stage is consolidating these into 30 D-SACCOs. This strategic move aims to enhance operational efficiency and expand financial services across districts.

Job Summary

We invite applications for the position of the Managing Director. Reporting directly to the Chairman of the Board, the Managing Director will spearhead daily operations ensuring regulatory compliance while driving strategic growth initiatives. The Managing Director will also be instrumental in setting goals aligned with the mission and oversee management functions that support D-SACCO’s development. The key duties of this role include creating marketing strategies, preparing financial reports, guiding risk management and building staff capacity.

Duties and Responsibilities:

• Oversee daily operations of the District SACCO, ensuring compliance with all regulatory requirements.
• Set and execute growth strategies, manage District SACCO development, and oversee all management functions.
• Develop plans, budgets, and initiatives as directed by the Board of Directors.
• Create and maintain marketing and public relations strategies to promote District SACCO’s products and services.
• Prepare financial and narrative reports for stakeholders and ensure transparent reporting.
• Lead staff development through training programs and skill enhancement.
• Approve internal audit plans and guide risk management, treasury, and capital planning.
• Drive operational improvement through strategic recommendations and efficiency initiatives.
• Ensure high-quality service for District SACCO members and fulfill Board-assigned duties.

Qualifications & Experience required

• Master’s or Bachelor’s degree in Finance, Economics, Management or Accounting
• Minimum 10 years in senior management roles within microfinance or banking sectors
• At least 7 years in senior roles in finance or banking
• Professional certifications such as CPA, ACCA or CIFA highly preferred
• Proven leadership skills combined with strong relationship-building abilities
• Excellent analytical and organizational skills with fluency in English (French is an asset)

• Oversee daily operations of the District SACCO, ensuring compliance with all regulatory requirements.
• Set and execute growth strategies, manage District SACCO development, and oversee all management functions.
• Develop plans, budgets, and initiatives as directed by the Board of Directors.
• Create and maintain marketing and public relations strategies to promote District SACCO’s products and services.
• Prepare financial and narrative reports for stakeholders and ensure transparent reporting.
• Lead staff development through training programs and skill enhancement.
• Approve internal audit plans and guide risk management, treasury, and capital planning.
• Drive operational improvement through strategic recommendations and efficiency initiatives.
• Ensure high-quality service for District SACCO members and fulfill Board-assigned duties.

• Proven leadership skills
• Strong relationship-building abilities
• Excellent analytical and organizational skills
• Fluency in English (French is an asset)

• Master’s or Bachelor’s degree in Finance, Economics, Management or Accounting
• Professional certifications such as CPA, ACCA or CIFA highly preferred