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General Manager, Finance at Husk Power Systems

Posted on Fri 05th Apr, 2024 - hotnigerianjobs.com --- (0 comments)


Husk Power Systems ("Husk") is an award-winning clean energy company serving rural India and Sub-Saharan Africa. In 2023, it was named “World’s Best Challenger Brand” in the energy industry and is a 3-time Global Cleantech 100 company. The company’s AI-powered rural energy platform provides 24/7 renewable power to rural households, commercial customers, institutions, and small factories.

We are recruiting to fill the position below:

Job Title: General Manager, Finance

Location:
Abuja
Employment Type: Full-time

Role Summary

  • We are seeking a General Manager - Finance is a senior leadership position responsible for overseeing and managing all financial aspects of the organization in Nigeria and other geographies in Africa.
  • This role plays a critical role in shaping the financial strategy, ensuring financial stability, and providing leadership to the finance team.
  • This person will work closely with the country and global leadership team and contribute to strategic decision-making and planning.
  • This position provides the opportunity to join a growing team that is changing the face of rural electrification in Nigeria and India.

Key Responsibilities
Financial Strategy and Planning:

  • Develop and implement financial strategies, plans, and policies to achieve the organization's financial objectives.
  • Provide financial analysis and recommendations to support long-term and short-term decision-making.

Financial Reporting:

  • Prepare and present accurate, timely, and comprehensive financial reports to the executive team and the board of directors.
  • Ensure compliance with financial regulations and standards.
  • Timely preparation of compliance reports for investors and lenders.
  • Monitoring and managing financial covenants and KPIs as prescribed by lenders and investors.

Statutory Audit:

  • Manage audits for Nigeria and other African entities in a time-bound manner.
  • Manage transfer pricing documentation and ensure arm’s length inter-company transactions.

Budget Management:

  • Lead the budgeting process, working with department heads to create and manage the annual budget.
  • Monitor budget performance and provide insights for cost control and revenue optimization.
  • Prepare financial forecasts and present them to management for effective decision-making.

Cash Flow Management:

  • Manage cash flow and liquidity, ensuring that the organization can meet its financial obligations and make strategic investments.
  • Implement cash management policies and strategies.
  • Managing Accounts Receivables, Payables, and Inventory.

Risk Management:

  • Identify, assess, and mitigate financial risks like foreign exchange risk, etc. that could impact the organization's financial health.
  • Develop risk management strategies and policies.

Financial Operations:

  • Oversee accounting, financial systems, and financial operations.
  • Manage Direct and Indirect taxes.
  • Ensure accuracy and compliance with accounting principles and standards.
  • Manage compliances and filing.

Team Leadership:

  • Led and mentor the finance team across multiple geographic locations in Africa, providing guidance and professional development opportunities.
  • Build a high-performance finance department.

Financial Modelling and Projections:

  • Develop and maintain financial models and projections to support strategic planning and decision-making.

Stakeholder Relations:

  • Maintain relationships with investors, lenders, and external financial partners.
  • Communicate financial performance and plans effectively to these stakeholders.
  • Manage and retain relationships with vendors/suppliers.
  • Maintain close Inter-departmental relationships for planning and providing strategic inputs.
  • Interact closely with financial consultants, auditors (Big4), and government agencies.

Internal Audit:

  • Develop/review, document, and implement financial policies and processes.
  • Conduct regular Internal audits with a view to improving internal controls and adherence to policies and processes.

Fund Raise:

  • Assist Global CFO in various fundraising activities like due diligence, financial queries, etc.
  • Develop and manage relationships with various Banks/financial institutions to arrange on and off-balance sheet working capital limits.

Required Skills & Attributes

  • Chartered Accountant / CPA or equivalent Degree.
  • Extensive experience of at least 15 years in finance, with a strong track record of financial leadership in progressively responsible roles.
  • In-depth knowledge of financial principles, regulations, and best practices.
  • Excellent knowledge of corporate financial law.
  • Knowledge of Direct and Indirect Tax and prevailing accounting standards.
  • Knowledge of IFRS.
  • Knowledge of accounting for retail business and commercial projects.
  • Hands-on experience in risk management in Nigeria.
  • Able to handle large data files and consolidate multi-currency financials for multi-geography entities.
  • Ability to work in a fast-paced and dynamic environment.
  • Willingness to adapt to changing priorities and challenges.
  • Excellent leadership and team management abilities.
  • Excellent communication and interpersonal skills.
  • Problem solver and critical thinker mindset with strong decision-making capabilities.
  • Strong analytical and problem-solving skills with a multi-tasking mindset.
  • Proficiency with financial software and tools.
  • Strong knowledge of Microsoft Office tools.
  • High ethical standards and integrity.
  • Hands-on experience in financial management software and SAP (will be an added advantage).

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online


  

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