Founded in 2004, The First Microfinance Bank - Afghanistan (FMFB-A) is part of the Aga Khan Agency for Microfinance (AKAM), which has programs in over 10 countries throughout the developing world. FMFB-A's vision is to be recognized as the leading microfinance services provider contributing to poverty alleviation and economic development through the provision of sustainable financial services primarily targeting micro/small businesses and households. The bank provides credit and deposit products to a wide range of clients including micro, small and medium enterprises along with commercial banking and international remittance services.
With over 1,100 employees (20 percent women), FMFB-A operates in 14 provinces of Afghanistan through 39 branches (including one women-only branch). The number of FMFB-A clients across 14 provinces reaches about to 180,000 (23 percent women) both in rural and urban areas. The FMFB-A loan outstanding and savings values reach to over AFN 6.2 billion and AFN 2.5 billion, respectively.
About the Job:
Individual consultant will develop a training program that will target selected non-financial managers working at head office level and in branches. The workshop will stretch to four days for the group. The workshop should have wide range of topics covered, with hand-on experiential format. The program design should be justified for conceptual learning as well as application of concepts through exercise and project work/case studies. Participants are non-financial managers from different functional responsibilities including support staff from head office and operational staff from branches and regional offices. Therefore, the workshop should provide a framework to understand analytical techniques for business performance analysis, optimal allocation of resources and monitoring results.
Tasks and Responsibilities:
The Consultant will impart classroom training on basic financial concepts that serve as a basis for the participants to understand financial impact on their respective roles and enable them to make informed decisions. The specific topics to be covered during the program must include detailed sessions on (but not limited to):
Understanding of the main components of a typical set of financial statements or annual report.
Analyze the key underlying accounting concepts used in the preparation of financial statements.
Techniques for analysis of financial statements to provide basis for evaluating financial and management performance.
Perform a SWOT analysis using financial statements.
Break-even analysis concept and determine how it helps in planning a business and controlling the operations.
Cash operating cycle and determine what affects a bank’s cash flow.
Different categories of costs and their implication on costing of a Financial Institution.
Application of costing concepts in making business decisions.
Understanding of budgets, its preparation, making rational projections and its implication on business.
Understanding of budgeting cycle.
Uncover and appreciate what some of the clear warning signals are in financial statements of a bank.
Effective Management Reporting and Risk Management.
An overview of Corporate Reporting and matters relating to non-financial managers.
Four-day classroom training workshop to be conducted for one group with approximately 33 participants in Kabul, Afghanistan.
Key reference materials, handouts of information discussed in the workshop, relevant supporting documents, exercises/practice questions and case studies will be distributed amongst participants.
Relevant professional training and certification desirable.
The consultant should have at least 10 years of practical experience in advising major listed companies and international financial institutions on how to manage their business more effectively and efficiently
S/he should have conducted similar courses for numerous organizations and should have presented similar workshops successfully both regionally and internationally.
It will be added advantage if s/he is a fellow member of a governing body of Chartered Accountants specializing in the field of Accounting, Auditing, Corporate Finance and Operational Management.
How to Apply:
Interested candidates are invited to send their CV along with a cover letter to [email protected] with the position title in the subject line.