Head of Finance TopFloor Limited

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.