Finance and Recovery Officer

Position Title: Finance and Recovery Officer

Activation Date: 20 March, 2025 Announced Date: 20 March, 2025 Expire Date: 27 March, 2025

• Job Location: Kabul
• Nationality: Afghan
• Category: Finance
• Employment Type: Full Time
• Salary: as per MAMI salary scale
• Vacancy Number: Mami25-007
• No. Of Jobs: 8
• City: Kabul
• Organization: Momin Afghan Microfinance institution (MAMI)
• Years of Experience: At minimum 1-2 years work experience in related field
• Contract Duration: one year extendable
• Gender: Male/Female
• Education: Graduated from recognized University economic faculty
• Close date: 2025-03-27
  
  

About Momin Afghan Microfinance Institution (MAMI)

Momin Afghan Microfinance Institution(MAMI) is the First Da Afghanistan Bank licensed Microfinance Institution in Afghanistan established in 2024. Our primary objective in Afghanistan is to contribute to, community development, poverty alleviation, job creation and economic development through the provision of sustainable Islamic financial services to the poor and underserved

Job Description

The Finance and Recovery Officer is responsible for managing financial operations, overseeing loan disbursements, and ensuring effective loan recovery strategies to maintain portfolio quality. This role requires strong financial management skills, risk assessment abilities, and expertise in debt collection practices for microfinance institutions.

Job Requirements

Key Responsibilities:

• Financial Management:
• Maintain accurate financial records, including cash flow, expenses, and income.
• Prepare financial reports, budgets, and forecasts for management review.
• Ensure compliance with financial policies, internal controls, and regulatory requirements.
• Assist in internal and external audits by providing necessary financial data.
• Monitor and analyze financial transactions to detect discrepancies or fraud.
• Loan Management & Recovery:
• Oversee loan disbursement processes to ensure proper documentation and compliance.
• Monitor loan repayments and follow up on overdue payments.
• Develop and implement loan recovery strategies to reduce non-performing loans (NPLs).
• Contact delinquent clients via phone, field visits, or written notices to negotiate repayment plans.
• Collaborate with legal teams to take necessary actions on defaulted loans.
• Maintain updated records of all collections, recoveries, and defaulters.
• Risk Assessment & Compliance:
• Conduct credit assessments and analyze client repayment capacity before loan approvals.
• Identify high-risk clients and recommend appropriate risk mitigation strategies.
• Ensure adherence to local financial regulations and microfinance lending policies.
• Client Relationship Management:
• Educate clients on loan repayment terms, financial literacy, and best practices.
• Handle customer inquiries and complaints regarding loans and repayments.
• Build strong relationships with clients to enhance repayment behavior.
• Reporting & Documentation:
• Prepare periodic financial and loan recovery reports for management and regulatory authorities.
• Maintain detailed and organized records of all financial and recovery activities.
• Provide insights on portfolio performance and recommend improvements.
  
  

Key Qualifications & Experience

• Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
• Minimum [X] years of experience in finance, loan recovery, or credit management (preferably in microfinance or banking).
• Strong understanding of financial management principles, credit risk assessment, and debt collection strategies.
• Knowledge of microfinance policies, regulatory frameworks, and best practices.
  
  

Skills & Competencies

• Strong analytical and problem-solving skills.
• Excellent negotiation and communication skills.
• High attention to detail and accuracy in financial reporting.
• Ability to work independently and handle pressure in loan recovery operations.
• Proficiency in accounting software and Microsoft Office (Excel, Word, and PowerPoint).
• Strong ethical standards and confidentiality in handling financial data.
  
  

Work Conditions

• Field visits may be required to follow up on loan recoveries.
• Office-based work with reporting responsibilities to senior management.
  
  

Submission Guideline

Applicants who meet the above requirements should submit their updated Curriculum vitae (CV)/Resume to [email protected]

Please Mention the position title and vacancy number in the subject of your E-mail otherwise your Email will not be considered. (Position/Mami25-007)

Note only shortlisted candidates will be contacted for further recruitment process.

Submission Email

[email protected]