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Chief Executive Officer Job Vacancy - Youth Enterprise Development Fund (YEDF)

The Youth Enterprise Development Fund (YEDF) is a State Corporation with the overall mandate of economic empowerment of the youth. The Fund now seeks to recruit a Chief Executive Officer.

Summary of Responsibilities

Under the general oversight of the Board of Directors, the Chief Executive Officer, who will be the Secretary to the Board, will be responsible for:
1.   Providing leadership, setting and executing the overall business strategy of the Fund and implementing its strategic plan as well as programmes in support of the Fund’s strategic direction.

2.   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.
3.   Undertaking institutional risk management, design fundraising strategies for the Fund and negotiate with the government and development partners.
4.   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 Fund’s resources within those budget guidelines according to the organizational policies and government laws and regulations
  • Ensure maintenance of effective external/internal controls to safeguard the Fund’s assets and oversee the annual/quarterly or ad hoc financial audit processes as required.
  • 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 resources.
  • Ensure that the Fund’s Vision, Mission, programmes, products and services are consistently presented in a strong, positive image to relevant stakeholders – Media, Public and private sector as well as Kenyan Youth.
Personal Competencies

Prospective applicants will be expected to demonstrate:
  • Sound personal attributes of leadership, professionalism and integrity.
  • Tact, negotiation and decision making skills,
  • Proven performance management/contracting skills
  • Knowledge in quality management systems
  • Good communication skills
  • Good working interpersonal skills
  • Good analytical skills
Education and Work Experience
  • A bachelors and a masters degree from a recognized University; in Business Administration, Strategic Management, Economics, Social Sciences or Finance
  • Candidates must demonstrate their experience in strategy formulation and implementation, operation management and building partnerships
  • A minimum of five 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 finance organization will be an added advantage.

Remuneration will be dependent on the professional background, experience and recommended

Remuneration and benefits for Chief Executives of State Corporations.

Applicants should be between 30 and 45 years old and should send applications and detailed CV with copies of certificates, indicating current position, qualifications, working experience, current remuneration, names of at least three (3) professional referees and day time telephone number to:

The Chairman
Youth Enterprise Development Fund Board
P.O. Box 48610-00100

The envelope should be clearly marked “Ref: CEO/YEDFB/12/2010”.

Applications should reach us not later than 7th January 2011.

Only short listed candidates shall be notified.

Canvassing will automatically lead to disqualification.

Youth Enterprise Development Fund Board is an equal opportunity employer.

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