Job Vacancy: General Manager, Finance

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Job Vacancy: Job title: General Manager, Finance

Job description: Company DescriptionHusk Power Systems (“Husk”) is an award-winning clean energy company serving rural India and Sub-Saharan Africa. In 2023, it was named “World’s Best Challenger Brand” in the energy industry and is a 3-time Global Cleantech 100 company. The company’s AI-powered rural energy platform provides 24/7 renewable power to rural households, commercial customers, institutions, and small factories. It also delivers a range of other products and services, including e-commerce and credit financing of branded appliances for home and commercial use, as well as community-based solutions for e-mobility and the agricultural value chain. Husk’s mission is to supercharge economic growth and social well-being in rural communities that are unserved and underserved.Husk ValuesHonesty and Integrity; Act with discipline and integral to your job; Respect each other; Respect Human rights within our responsibility and contractual obligations. Frugal Innovation, Quality and Reliability; Respect for environment, health, and safety. Excellence as an attitude; We shall align perception to a common understanding of performance rating and measures., We > I, Fail Fast and Learn Faster Continuous Learning.Husk is an equal opportunity employer and is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender, marital status, pregnancy and maternity, race, or religion. Husk is committed to improving gender balance within its teams in Nigeria and globally. Female candidates are therefore highly encouraged to apply even if not all requirements are met.BenefitsHusk offers flexible working conditions with employee benefits that are in line with global best practices. These include clear career growth planning, transparent annual review processes that are gender inclusive, maternity, and paternity leave, gender-inclusive workplace conditions, family health insurance, and frequent training to assist the employees to grow in and to the next roles. Husk does not believe in micromanagement and encourages its employees to have a healthy work-life balance hence giving them the freedom to manage their workload to be compatible with their life.Job DescriptionPosition Name: General Manager, FinanceDivision / Function: FinanceLocation of the Job: Abuja, NigeriaReports to: Global Chief Financial OfficerRole SummaryHusk is seeking a General Manager – Finance is a senior leadership position responsible for overseeing and managing all financial aspects of the organization in Nigeria and other geographies in Africa. This role plays a critical role in shaping the financial strategy, ensuring financial stability, and providing leadership to the finance team. This person will work closely with the country and global leadership team and contribute to strategic decision-making and planning.This position provides the opportunity to join a growing team that is changing the face of rural electrification in Nigeria and India.Key responsibilities:Financial Strategy and Planning:

  • Develop and implement financial strategies, plans, and policies to achieve the organization’s financial objectives.
  • Provide financial analysis and recommendations to support long-term and short-term decision-making.

Financial Reporting:

  • Prepare and present accurate, timely, and comprehensive financial reports to the executive team and the board of directors.
  • Ensure compliance with financial regulations and standards.
  • Timely preparation of compliance reports for investors and lenders.
  • Monitoring and managing financial covenants and KPIs as prescribed by lenders and investors.

Statutory Audit:

  • Manage audits for Nigeria and other African entities in a time-bound manner.
  • Manage transfer pricing documentation and ensure arm’s length inter-company transactions.

Budget Management:

  • Lead the budgeting process, working with department heads to create and manage the annual budget.
  • Monitor budget performance and provide insights for cost control and revenue optimization.
  • Prepare financial forecasts and present them to management for effective decision-making.

Cash Flow Management:

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  • Manage cash flow and liquidity, ensuring that the organization can meet its financial obligations and make strategic investments.
  • Implement cash management policies and strategies.
  • Managing Accounts Receivables, Payables, and Inventory.

Risk Management:

  • Identify, assess, and mitigate financial risks like foreign exchange risk, etc. that could impact the organization’s financial health.
  • Develop risk management strategies and policies.

Financial Operations:

  • Oversee accounting, financial systems, and financial operations.
  • Manage Direct and Indirect taxes.
  • Ensure accuracy and compliance with accounting principles and standards.
  • Manage compliances and filing.

Team Leadership:

  • Led and mentor the finance team across multiple geographic locations in Africa, providing guidance and professional development opportunities.
  • Build a high-performance finance department.

Financial Modelling and Projections:

  • Develop and maintain financial models and projections to support strategic planning and decision-making.

Stakeholder Relations:

  • Maintain relationships with investors, lenders, and external financial partners.
  • Communicate financial performance and plans effectively to these stakeholders.
  • Manage and retain relationships with vendors/suppliers.
  • Maintain close Inter-departmental relationships for planning and providing strategic inputs.
  • Interact closely with financial consultants, auditors (Big4), and government agencies.

Internal Audit:

  • Develop/review, document, and implement financial policies and processes.
  • Conduct regular Internal audits with a view to improving internal controls and adherence to policies and processes.

Fund Raise:

  • Assist Global CFO in various fundraising activities like due diligence, financial queries, etc.
  • Develop and manage relationships with various Banks/financial institutions to arrange on and off-balance sheet working capital limits.

QualificationsRequired Skills & Attributes

  • Chartered Accountant / CPA or equivalent degree.
  • Extensive experience of at least 15 years in finance, with a strong track record of financial leadership in progressively responsible roles.
  • In-depth knowledge of financial principles, regulations, and best practices.
  • Excellent knowledge of corporate financial law.
  • Knowledge of Direct and Indirect Tax and prevailing accounting standards.
  • Knowledge of IFRS.
  • Knowledge of accounting for retail business and commercial projects.
  • Hands-on experience in risk management in Nigeria.
  • Able to handle large data files and consolidate multi-currency financials for multi-geography entities.
  • Ability to work in a fast-paced and dynamic environment.
  • Willingness to adapt to changing priorities and challenges.
  • Excellent leadership and team management abilities.
  • Excellent communication and interpersonal skills.
  • Problem solver and critical thinker mindset with strong decision-making capabilities.
  • Strong analytical and problem-solving skills with a multi-tasking mindset.
  • Proficiency with financial software and tools.
  • Strong knowledge of Microsoft Office tools.
  • High ethical standards and integrity.
  • Hands-on experience in financial management software and SAP (will be an added advantage).

Additional InformationLocation and TravelThis role is based in Abuja Nigeria.SalaryNegotiable based on experience.Women candidates are encouraged to apply.DISCLAIMER:This description indicates the general nature and level of the qualifications and duties required of employees in this job classification, as well as the essential functions a person must be able to perform to do this job. It is not designed to be a comprehensive inventory of all duties and qualifications required of employees assigned to this job.Husk Power Energy Systems and its subsidiaries are equal opportunity employers and make employment decisions on the basis of merit and business need. We hire without consideration of race, colour, religion, citizenship, political activity or affiliation, marital status, age, national origin, ancestry, disability, veteran status, sexual orientation, gender identity, gender expression, sex or gender, or any other basis protected by law.

Location: Abuja, FCT

Job date: Sat, 06 Apr 2024 22:52:49 GMT

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