Our client in the renewable energy sector is seeking to recruit a Head of Finance to join their team. The ideal candidate will play a crucial role in supporting the company’s financial strategy, reporting to the Interim CFO. This position is a steppingstone to the CFO role, with the successful candidate expected to assume the CFO position upon completion of the Interim CFO’s contract, subject to performance evaluation.
Responsibilities
STRATEGIC
Financial Leadership
- Provide strategic financial leadership and oversight.
- Develop and implement financial strategies aligned with company objectives.
Investor Relations and Fundraising
- Serve as a key liaison with investors and lenders.
- Support debt and equity fundraising efforts.
- Develop financial models to support fundraising initiatives.
Digitalization Improvement
- Enhance ERP systems for improved financial management.
- Implement commission computation systems.
OPERATIONAL
Financial Reporting
- Produce monthly and quarterly Management Accounts (accurately and timeously).
- In conjunction with the Auditors, produce and distribute Audited Annual Financial.
Internal Control and Risk Management
- Review/Design, communicate, and implement internal controls.
- Monitor financial control processes (oversee procurement, fixed assets, inventory, etc.).
- Ensure segregation of duties.
Cashflow Management
- Prepare cashflow forecasts and advise management of potential risks.
- Monitor cashflow regularly to assess potential for fraud and for planning purposes.
- Review Procurement process and Authorize payments for submission to signatories.
Cost Management
- Review costs of sales, payroll costs, overhead costs, and capital expenditure depreciation.
Audit and Tax and regulatory environment
- Take lead for Annual Audit.
- Compute/review tax calculation and submission to authorities.
- Manage statutory, compliance, and regulatory returns (Tax authorities, PAYE, etc.).
Revenue Assurance
- Produce and distribute invoice analysis to Management Staff.
- Analyze sales, gross profits, gross margins, EBITDA margins, and operating profit margins.
Staff Development and Training
- Train and develop finance staff.
- Provide financial training and guidance to fellow executives.
Oversee the Credit Management
- Oversee credit management processes.
- Ensure effective credit risk management.
Oversee Inventory Management
- Oversee inventory management processes.
- Ensure accurate inventory valuation and reporting.
Requirements
- Bachelor’s Degree In Accounting / Finance; CIMA; Chartered Accountant (CA) or equivalent.
- At least 5 years in a senior finance role (Financial Controller, Head of Finance).
- Experience in the renewable energy / Paygo industry is highly desirable.
- Familiarity with the Paygo financial regulations, and standards in Zambia.
- Experience with credit management, financial risk management, and internal controls.
- Financial management and reporting skills.
- Excellent analytical, problem-solving, and decision-making skills.
- Proficient in financial software and systems (ERP, accounting software, etc.).
- Leadership and team management skills.
- Understanding of credit management, financial risk management, and internal controls.
- Integrity, ethics, and professionalism.
- Ability to work under pressure and meet deadlines.
- Willingness to learn and adapt to new systems and process.
- Valid Driving License.
Submit your CV and Application on Company Website : Click Here
Closing Date : 15th September, 2024.
