Job Title: Finance Controller
Hiring Organization: d.Light
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Solar
Lighting
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 03/18/2024
The Finance Controller is responsible for managing all financial
aspects within the OpCo, including financial accounting, taxation, financial
planning, analysis, and management reporting. They will oversee the
implementation of financial strategy for the OpCo. Furthermore, they will
ensure that OpCos maintain the highest financial management standards,
financial discipline, streamlined processes, and compliance with internal
control systems.
Person Specifications
The ideal candidate takes accountability for efficient
decision-making and resource management. They encourage transparency and
teamwork while holding the finance team to the highest performance standard. As
a critical finance team member, the Finance Controller will be crucial in
driving financial strategy, ensuring internal control compliance and providing
insightful financial analysis to support business decisions while maintaining
an impeccable set of accounting records.
Responsibilities
Being the
custodian of the General Ledger, Chart of Accounts, and the central repository
for all Financial and Management information for the OpCo.
Ensuring
that all internal and external reporting requirements are timely met, including
preparation of monthly and quarterly accounts and Statutory Annual Financial
Statements in compliance with IFRS and Group Accounting Standards.
Ensure
that transactions are correctly and timorously recorded in the books of
accounts.
Monitor
all balance sheet and income statement account movements and ensure that they
reflect the correct balances, all relevant account reconciliations are
performed, and corrective actions are taken timorously.
Perform
detailed review and analysis of the OpCo numbers to confirm the integrity and
resilience of reported results.
Provision
of Technical Advice and Accounting support to other Functional Units.
Lead the
implementation of new accounting standards within the OpCo
Prepare
monthly business review reports, including detailed analysis and commentary and
timely submission to relevant stakeholders.
Conduct
variance analysis and prepare insightful reports to support management
decision-making, providing visibility of key financial metrics, variances and
corrective action.
Overall
management, coordination and preparation of the OpCo annual business plan,
capital expenditure,operating budget and periodically revised estimates.
Provide
accurate and timely financial forecasts, highlighting key performance
indicators, variances and risks.
Manage
cash flow and liquidity, optimizing working capital to support business
operations.
Capital
management, ensuring the OpCo is optimally capitalized and foreign exchange
risk mitigated.
Maintain
relationships with the OPCo’s Bankers or Lenders
Manage
OpCo’s compliance with tax law and all tax aspects, including transfer pricing,
withholding taxes, indirect taxes, PAYE and tax planning.
Lead the
development, implementation, monitoring and compliance of finance controls,
ensuring that all critical processes are adequately controlled (e.g. order to
cash, procure to pay, inventory)
Identify
and mitigate financial risks, implementing effective internal controls.
Be the
finance contact on all grant-related activities, ensuring correct accounting
and reporting of grant transactions.
Managing
the annual external audit end to end, ensuring that group reporting deadlines
are met.
Partner
with group finance teams to execute group-wide finance projects across the
organization.
Lead and
mentor the finance team, fostering a culture of collaboration and continuous
improvement.
Conduct
regular performance reviews, identify training needs, and facilitate skill
development.
Requirements
Bachelor’s
degree in Finance, Accounting, or related field.
A
Master’s Degree in Finance and Accounting, Business Administration, or other
relevant discipline is preferred.
A
Chartered Accountant (CPA, ACCA).
Big Four
experience a distinct advantage.
Minimum
of 8+ years of financial management experience five years at the senior
management level, in an operation that has a minimum of $75m revenue.
Deep
knowledge of IFRS and financial reporting standards.
Good
understanding of Country Taxation Legislation.
Proficient
in financial management software and ERP systems.
Advanced
Excel skills for financial modelling and analysis.
Strong
analytical and problem-solving skills with the ability to interpret complex
financial data and link it to operational performance drivers, generate
alternatives, and drive positive change.
Excellent
organizational and interpersonal skills and ability to work as part of a
multi-geographic team.
Strong
ability to utilize project management and accounting best practices to organize
and prioritize tasks and the tasks of other finance team members.
Strong
oral and written communication skills, including presentation skills.
Excellent
communication and interpersonal skills with the ability to present financial
information to non-finance stakeholders.
Experience
in change management and the ability to positively lead change.
Demonstrated
leadership skills with a track record of building and leading high-performing
teams.
Adaptable
and able to thrive in a dynamic and fast-paced environment, adapting to
changing business needs.
Integrity,
trust, and self-confidence.
Strong
mindset for continuous improvement, meeting or exceeding expectations, and
demonstrating complete discretion and confidentiality.