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Financial Controller

  • Post-graduate education
  • Accounting, finance, banking, insurance
  • Senior manager (department head)
  • Full Time
  • Temporary
Click to apply

Job Summary

The Financial Controller will be responsible for implementing SolarNow’s finance strategy, policies and processes. S/He will lead the finance team, support fundraising, conduct financial analysis, manage external relations and 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.


Responsibilities

Planning:

Develop financial and tax strategies
Maintain the 5-year business plan and annual budget
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


General Information

Salary rangeNot specified
Additional informationNot specified
Job start date: Tuesday, April 3, 2018
Contract type: Temporary
Job type: Full Time
Location: Uganda
Area of work: Accounting, finance, banking, insurance
Seniority: Senior manager (department head)

Job Requirements

Required education: Post-graduate education
Required relevant work experience: 5 years
Required skills: Tax management; Accounting IT-systems (use of); Internal control; Financial analysis; Mentoring and coaching; Financial reporting; Treasury management; Financial analytics and forecasting; Budgeting, financial planning
Required languages: English (Spoken: fluent | Written: fluent)

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SolarNow

Energy, utilities, environmentCompany size: 500-1000 people

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 billions 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 Uganda-based 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 5KWp 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 that allows customers to spread payment for all these products over 24 months. Together with a network of 46 branches (>400 FTE) and a price plan that includes full installation and maintenance – backed by a unique five-year warranty – SolarNow has all the pieces in place to take optimal advantage of this unique market opportunity. The company already serves 12,000 clients in Uganda and plans to roll out its operations into other East African countries during 2016.


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