Summary
Date Posted: Tuesday, September 10 2024, Base Salary: Not Disclosed

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 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.

Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure
• Please submit your application by 16th September 2024. Only shortlisted candidates will be contacted.
• To apply for this job please visit apply.workable.com. 

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