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Wednesday, March 7, 2018

Financial Controller Job at SolarNow Services - Career Opportunity in Uganda

Vacancy title:
Financial Controller

Jobs at:
SolarNow Services

Deadline of this Job:
15th May 2018

Duty Station:
Kampala, Uganda




JOB DETAILS:
SolarNow is hiring a Financial Controller, a seasoned professional to lead our finance team, manage our accounts and reporting, implement our financial strategy manage external relations relating to finance.
About the market
More than 500 million people across sub-Saharan Africa lack access to electricity and the International Energy Agency expects that number to increase to 700 million by 2030. Since extending the grid to them would cost trillions of dollars, micro-scale, off- grid power from solar is often the only viable answer to energy poverty.

In countries like Uganda, where only 15% of the population has an on-grid connection, there’s undeniable potential for solar to leapfrog traditional energy provision models; however, affordability, perceptions of low quality, and the absence of last-mile distribution and maintenance networks are curtailing development.
About the company
These are the very problems that East African company, SolarNow, was founded to solve. It sells high-quality solar systems to fit the needs of rural households and small entrepreneurs — from 50Wp home set-ups capable of powering a radio, phone and small number of lights to 10KWp systems that can power a small office or machine – plus a range of consumer electronics, including LED lights, televisions, fridges, flat irons and water pumps.
Crucially, SolarNow also provides credit and service that allows customers to spread payments over 24 months and receive service for 5 years. The company has an extensive network of 45 branches in Uganda, is currently expanding operations to Western Kenya, and considering further expansion for the future. SolarNow has all the pieces in place to take optimal advantage of this unique market opportunity.
About you
You are someone who cares deeply about improving livelihoods in Africa. You bring more than passion to the role: you have the grit and resilience to do this work. You have
deep financial and management expertise, and are excited about being hands-on, without getting lost in the weeds.
You are a problem-solver, a direct and candid communicator, and a thoughtful change agent who understands that there are tensions to balance in this kind of diverse organization.
You are a natural manager able to guide our finance strategy and management while working in a complex, constantly changing and resource-constrained environment. You are eager for the challenge of shaping the future of this organization. You have the skills to provide clear, consistent financial leadership for a fast growing social enterprise, and the nimbleness to respond to continual innovation and increased demands for performance. You inspire excellence with your team, building a sense of shared values and goals.
About the position
Position title: Financial Controller
Reports to: CFO
Location: Kampala, Uganda
Suggested start date: April/May 2017
The Financial Controller will be responsible for implementing SolarNow’s finance strategy, policies and processes. S/he will oversee and consolidate the accounts from the company’s entities, manage external audits, provide accurate, timely financial reports to all stakeholders. The Financial Controller will manage the company budget and ensure that our financial risk management policy is upheld. S/he will be a key player in driving growth for SolarNow.
Specific Responsibilities
Planning:

  • Develop financial and tax strategies
  • Maintain the 5-year business plan and annual budget
  • Establish department budgets, controls, and tracking
  • Develop performance measures that support the company's strategic direction
Operations:

  • Maintain in-depth relations with all members of the management team
  • Manage and motivate the Finance team
  • Oversee the financial operations of subsidiary companies and foreign operations
  • Oversee the company's transaction processing systems
  • Implement operational best practices
Financial Reporting:

  • Produce timely and accurate financial reports
  • Oversee the issuance of financial information
  • Report financial results to the executive management team and the supervisory
    board
  • Treasury Management:
  • Monitor cash balances and cash forecasts
  • Support debt and equity financing
  • Partnerships & External Relationships:
  • Participate in conference calls with the investment community
  • Maintain relationships with local and international lenders
  • Represent the company with investment advisers and investors
Qualifications and competencies

  • Bachelor degree specializing in Finance or Accounting
  • CPA
  • At least 6+ years of progressively responsible financial experience for a fast
    growing consumer retail or financial institution, preferably in East Africa
  • Strong leadership and management skills
  • Proven financial and treasury management skills
  • Excellent interpersonal skills with the ability to work well in a team
  • Demonstrable experience in leading organizations to profitability
  • High command in operating and implementing functionality for enterprise-level accounting systems
  • High level of oral and written communication skills
  • Fluency in English
Compensation and benefits
Salary and benefits are competitive, commensurate with experience.
Job application procedure
Interested candidates can send their applications to recruitmentug@solarnow.eu