Job Details

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 Staf

·       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

·        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

How to Apply:

Please submit your application by 16th September 2024 . Only shortlisted candidates will be contacted.