Jul 22, 2016
The Youth Enterprise Development Fund is a State Corporation under the Ministry of Public Service, Youth and Gender Affairs established to address the challenge of youth unemployment in the country.
The Fund provides loans and business development services to youth owned enterprises.
The Fund now invites applications horn dynamic, innovative and experienced individuals to fill the following vacant position:
Chief Executive Officer
Summary of Responsibilities
Under the general oversight of the Board of Directors, the Chief Executive Officer will be responsible for:
- Providing leadership, selling and executing the overall business strategy of the Fund and implementing its strategic plan as well as programmes in support of the Funds strategic direction,
- Formulating operational policies, their advocacy and entrenchment, as well as aligning the Fund’s objectives to the National goals as outlined in the Kenya’s Vision 2030.
- Undertaking institutional risk management, design fund raising strategies for the Fund and negotiate with the government and development partners.
- Provide leadership in the development of innovative initiatives; establish strategic partners (Both local and international), with specific emphasis on increasing pro - youth entrepreneurial investments and youth empowerment interventions.
Specific Duties and Responsibilities
- Provide overall leadership and management of the operations of the Fund under the guidance of the Board.
- Ensure compliance and implementation of Board policies.
- Provide overall administration and coordination of the day to day affairs of the Fund
- Responsible for product development and implementation
- Oversee the design and marketing of the organization’s products, services and programmes.
- Facilitate the preparation and implementation of annual work plans procurement plans, budgets, goals and objectives.
- To prudently manage the Funds resources within those budget guidelines according to the organizational policies and government laws and regulations.
- Ensure maintenance of effective External/Internal controls so as to safeguard the Fund’s assets and oversee the annual/quarterly or ad hoc financial audit processes as required in the financial audit processes.
- Effectively manage the Fund’s human resources in line with the approved Human Resource policies and procedures that fully conform to current laws and regulations. The CEO will also facilitate the adequate availability and development of the Human Resource.
- Ensure that the Fund’s Vision. Mission, programmes, products and services are consistently presented in a strong, positive image to relevant stakeholders
Personal Competencies
Prospective applicants will be expected to demonstrate:
- Sound personal attributes of leadership.
- Tact, negotiation and decision making skills
- Proven performance management/contracting skills.
- Knowledge in quality management systems.
- Good communication skills, presentation skills strong interpersonal, analytical, organizational and team leadership capabilities and high professional and ethical capability.
- Should demonstrate high emotional intelligence.
- Understanding of Public Sector, Fund Management and Devolution will be an added advantage
- Demonstrate Leadership skills in Strategic Planning and Management
Minimum Job Requirement, Education and work experience
- A Bachelors and a Master’s Degree from a recognized university; in Business Administration, Strategic Management, Economics, Social Sciences and Finance.
- Candidates must demonstrate their experience in Strategy Formulation and Implementation, Operation Management. Budgeting and Budgetary Control, Risk Management and Building Partnerships.
- A minimum of 6 years progressive experience at a Senior Management position in a reputable organization in the public or private sector.
- Thorough knowledge of Government Financial Management and Procurement Regulations, Policies and Procedures is necessary
- Experience in Micro, Small and Medium Entrepreneurship Development and/or in a Development or Financial or Risk Management will be an added advantage.
- Experience in Quality Management Systems.
The prospective candidate shall provide evidence of compliance with the following:
- High integrity and meet the requirements of chapter 6 of the Constitution of Kenya 2010
- Higher Education Loans Board (HELB) clearance certificate
- Certificate of Good Conduct (Criminal Investigation Department Clearance)
- Kenya Revenue Authority (KRA) tax compliance certificate
- Ethics and Anti-Corruption commission clearance certificate.
- Credit Reference Bureau clearance
Remuneration: Remuneration will be dependent on the professional background, experience and recommended remuneration and benefits for Chief Executives of State Corporations.
How to Apply
If you believe you fit the required profile, please send your application, a detailed Curriculum Vitae and all relevant testimonials stating the current position, current remuneration, expected salary, email address and telephone contacts.
All applications are also expected to quote the reference number on the envelope YEDF/CEO/1/2016 and provide postal, telephone and email contacts of three references.
Applications should be received by 12th August 2016.
All applications should be addressed to:
The Chairman
Youth Enterprise Development Fund
P.O. Box 48610 — 00100
Nairobi
Youth Enterprise Development Fund is an equal opportunity employer.
Potential male and female candidates with disabilities are encouraged to apply
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