Finance Manager Job in Kenya

responsAbility Investments AG is one of the world’s leading independent asset managers specializing in the development-related sectors of emerging economies such as finance, agriculture, health, education and energy.

responsAbility provides debt and equity financing to non-listed companies with business models that target the lower-income segment of the population and can thus drive economic growth and social progress.

Serving both institutional and private investors, responsAbility offers professionally-managed investment solutions ranging from mutual funds to individual mandates.

responsAbility has launched a renewable energy private equity fund (rAREH) that will invest, develop, own, and operate renewable energy projects in East Africa.

We target making equity investments of between $3 - $10 million per transaction. Technologies to be considered for investment include small hydro, solar, wind, biomass and geothermal.

We are seeking a Finance Manager to join the team and lead the finance management function for our power projects accounts as well as financial reporting to investors.

The role will be based in the Nairobi office, with substantial time spent traveling in East Africa.

The Finance Manager position will play a leading role in the set-up of the accounting and finance function for the responsAbility Renewable Energy Holding (rAREH), a Mauritius domiciled holding company with investments in power plants across East Africa.

The Finance Manager, in collaboration with our tax and legal advisors, will identify appropriate ownership structures, develop accounting systems, build the accounting team and define and implement financial reporting to investors and to responsAbility.

Key Roles:
  • Working with our tax and legal advisors and set up accounting structures for underlying investment companies in Eastern Africa.
  • Recruit, contract and supervise service providers for the accounting and finance department.
  • Develop the accounting department over time.
  • Set up and implement finance policy for the holdco, the underlying companies and the staff.
  • Develop and implement financial reporting mechanism for rAREH, to investors and to the investment team.

Experience & Skills
  • An undergraduate degree from a leading university
  • Minimum 7 years of experience in accounting and finance roles, with experience working on multiple tax jurisdictions
  • Extensive experience in consolidating subsidiary financials for reporting purposes
  • Experience in defining and implementing financial reporting to investors and responsAbility Investment AG
  • Work experience in developing markets, preferably Sub-Saharan Africa is essential
  • Demonstrated experience in building and managing accounting and finance departments
  • Strong organizational skills
  • Strong project management skills
  • Ability to grasp concepts and learn quickly
  • Strong communication and intercultural skills
  • Excellent oral and written English, additional African language skills would be an added advantage

To apply for above positions, please send your full application (CV, motivation letter incl. possible starting date and salary expectation) not later than 31 July 2014.

Only short listed candidates will be notified.