Full-time Zola Electric: Country Finance Manager Vacancy
Zola Electric is the world’s first massively scalable off-grid electric company. It exists to provide affordable and reliable energy to communities that currently lack such power. The company utilizes distributed renewable energy to sell power as a service to customers who suffer from an expensive grid, an unreliable grid, or have no electrical grid access at all. We provide 24/7 clean energy to anyone, anywhere. Our aim is to deliver a complete technical, operational and financial model that makes incredibly high quality renewable electrical services affordable to millions of homes.
The Job :Country Finance Manager
Job Status: Full Time Job,Graduate/Exp
Uncover hidden opportunities to make a global impact. Zola Electric is a growth-stage startup that’s on track to light a million homes in Africa over the next couple of years with clean, affordable solar energy. At the heart of our business is innovative solutions that delight our customers. We are looking for a seasoned Country Finance Manager to support our growth strategy in Africa.
This may be your dream job if you’re someone who dreams of combining your knowledge and skills enabling Zola Electric to change the renewable energy landscape. You’ll also need to be passionate about bringing solar energy to off-grid and other underserved markets (billions of people around the world) with the unique social, technical, and business challenges that come along with it. You are inspired by the opportunity to unleash whole continents of human potential, and motivated to help build a truly epic business.
Zola Electric, through its consumer brand Zola, combines Silicon Valley technology with local expertise to offer African homes and businesses a long-term solar solution to an unreliable grid. Adaptable to both energy needs and income, Zola Electric’s solution can be bought over time through a leasing structure. The first few watts starts a chain reaction that enables people to achieve commonly held aspirations: security, education, access to information, and a longer and more efficient day.
Today, Zola Electric powers more than 100,000 homes and businesses across Tanzania, Rwanda and Côte d’Ivoire. Zola Electric’s investors include SolarCity, Vulcan Capital, DBL Partners, The Packard Foundation, Helios Investment Partners, and responsibility. Zola Electric is the recipient of the 2016 UN Momentum for Change Award, Zayed Future Energy Prize, and the 2015 Global Cleantech 100. For more information, visit offgrid-electric.com.
To manage the operational financial functions of the country to minimise financial risks and manage the sustainability of operations in the country. Major responsibilities of this role include:
Participate in strategic meetings to develop and implement Finance strategy for the country, taking into account country interests, relevant regulation, corporate standards and guidelines
Develop implementation plan of Financial Strategy in collaboration with the team and monitor implementation therein
Budget Management and Cash Flow Management activities; including periodic cash flow projections, devising and implementation of policies and procedures, payment approval processes, providing guidance to management to optimize expenditure etc.
Ownership of Country Financial Statements: Overall accountability for postings to the country financial ledgers. Reviewer and approver of periodic expenditure reports, monthly reconciliations and annual financial statements.
General administration of Financial Management, including management and maintenance of an effective document management system and ensuring that all operating permits are in place
Inventory and Fixed Asset Management: Periodic verification of stock counts, writing-off of stock losses, management of asset register and ensuring that an active insurance policy secures assets
Risk Management: Devising and implementing periodic financial and operational risk assessments and internal audits to ensure that risks are properly managed
Budget Management: Responsible for developing and monitoring annual departmental budgets, assessment of budget variance and authorize expenses
Stakeholder Management: Actively participate in periodic meetings, provide operational updates to country MD, provide financial advice to country MD/heads of departments and maintaining working relationships with relevant authorities especially Revenue Authority
People Management: Responsible for leading the recruitment, managing learning & development and managing performance reviews of own team members
Relevant post-graduation qualification CA, CPA, or Bachelor’s Degree in Finance.
5+ years financial management experience
Knowledge of financial management principles
Knowledge of financial systems
Understanding of the local business environment
Knowledge of the relevant financial legislation pertaining to the country
Strategic planning skills
People management skills
Risk management skills
How To Apply