M-KOPA
is seeking:
Position
Title: Head of
Reporting & Accounting
Location: Nairobi, HQ
Position
Start: As
soon As Possible
Reporting
to:Director of Finance – East Africa
Overall
Purpose: M-KOPA
is seeking a dedicated and highly motivated Head of Reporting & Accounting
to join the fast growing Finance team.
Who We
Are: M-KOPA
Solar, headquartered in Nairobi, Kenya, is the global leader of
"pay-as-you-go" energy for off-grid customers.
Since
its commercial launch in October 2012, M-KOPA has connected more than 350,000
homes in Kenya, Tanzania and Uganda to solar power, and is now adding over 500
new homes each day.
The success of M-KOPA (M= mobile, KOPA= to borrow) stems from making solar products affordable to low-income households on a pay-per-use instalment plan.
Customers
acquire solar systems for a small deposit and then purchase daily usage
"credits" for Kshs 50, or less than the price of traditional kerosene
lighting. After one year of payments customers own their solar systems
outright and can upgrade to more power.
All revenues are collected in real-time via mobile money systems (such as M-PESA in Kenya) and embedded GSM sensors in each solar system allow M-KOPA to monitor real time performance and regulate usage based upon payments.
This
connected design means that M-KOPA is processing vast amounts of data (i.e.
over 10,000 mobile payments per day) via the company's proprietary cloud
platform, M-KOPAnet.
As of July, 2016 M-KOPA employs over 900 full time staff across East Africa and sells through a network of over 1,000 direct sales agents. It has also commenced licensing its technology to partners in other markets.
M-KOPA has been recognised for its pioneering business mode and scale, notably winning the 2015 Zayed Future Energy Prize, being selected as the top New Energy Pioneer at the 2014 Bloomberg New Energy Finance awards and earning the 2013 FT/IFC Excellence in Sustainable Finance Award.
M-KOPA
has also successfully tested a range of new products that leverage its
relationship with customers, and M-KOPA’s unique competencies in mobile
telecommunications and ICT.
To
ensure that the research and development of new products add value to (and do
not distract from) its core business, M-KOPA is establishing the M-KOPA
Labs.
The
Labs will be a dedicated business unit within M-KOPA that will define and test
extensions of the M-KOPA asset-based credit model for off-grid-power to new
products and services.
Role Profile
Responsibilities
1.
Group accounting & reporting
- Ownership
of consolidation process of the group / management of consolidation
entries
- Maintenance
of mapping between financial and management reporting
- Key
operational responsibility in annual audit process – day-to-day liaison
with Group auditor – for local stand-alone Kenya audit as well as group
audit
- Implementation
of accounting policies & processes in line with group standards
- Provision
of monthly management reporting to SMT / GMT (and board / investors) –
based on agreed templates
- Ad
hoc analysis as required by Director, Finance and CFO
2.
Administration of Finance IT systems
- Key
administrator and in-house liaison to software providers / technical
service providers for all relevant finance IT systems (once implemented)
- Creation
/ maintenance of new reports, submission files, etc. in these systems
- Responsible
for vendor / customer master data management in Microsoft Dynamics
3.
Statutory Accounts for Kenya Entity
- Head
accountant for the Kenya entity; specifically to ensure accounting done
properly (in line with statutory and group requirements), and monthly
reporting completed on time
4.
Manage team of 8 staff responsible for customer accounting, supplier
accounting, and GL accounting staff
Key Requirements
Key Requirements
- Bachelor's
degree or higher in Accounting, Business or related fields. MBA preferred.
- CPA
with over 5 years of experience in Financial reporting, accounting,
controlling or a related function.
- Excellent
knowledge of IFRS is required combined with the ability to research and
propose company positions on complex accounting issues
- International
accounting is an added advantage combined with issue recognition
experience;
- Ability
to work in a fast-paced environment and manage well through ambiguity and
complexity
- Ability
to execute and follow-through to on-time completion of tasks and projects
- Fluency
in spoken and written English, knowledge of Swahili is added advantage
- Strong
communicator with excellent verbal, analytical, organisational and written
skills
- Excellent
ICT skills including a good knowledge of MS Office and accounting / ERP
software; previous experience with Microsoft Dynamics (AX7) an advantage
- Attention
to detail and the ability to produce timely and accurate financial reports
- Demonstrated
people management skills and experience managing a team of a similar size
Remuneration: Competitive package
covering a monthly salary, performance bonus and medical benefits reflective of
the candidate’s experience and skills.
How to Apply
To apply, send a CV and a cover letter expressing why you feel you would be an excellent candidate for the role to careers@m-kopa.com with the subject “Head of Reporting & Accounting”.
Deadline for application is 30th September 2016.
Please Note: M-KOPA Solar is an equal opportunity and affirmative action employer committed to assembling a diverse, broadly trained staff. Women, minorities and people with disabilities are strongly encouraged to apply.
In
compliance with applicable laws and in furtherance of its commitment to
fostering an environment that welcomes and embraces diversity, M-KOPA does not
discriminate on the basis of race, colour, creed, religion, national origin,
sex (including pregnancy and parenting status), disability, age, sexual
orientation, gender identity or expression, marital status or genetic
information in its programs or activities, including employment.
M-KOPA, as a policy, does not collect/charge any money as a pre-employment or post-employment requirement. This means that we never ask for ‘recruitment fees’, ‘processing fees’, ‘interview fees’ or any other kind of money in exchange for offer letters or interviews at any time during the hiring process.
M-KOPA, as a policy, does not collect/charge any money as a pre-employment or post-employment requirement. This means that we never ask for ‘recruitment fees’, ‘processing fees’, ‘interview fees’ or any other kind of money in exchange for offer letters or interviews at any time during the hiring process.
