Job Title: Accountant
Hiring Organization: Globeleq
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Power
Job Type: Full Time
Salary: KES
Date Posted: 06/05/2024
For more
than 20 years, Globeleq has been a long-term investor, developer, owner and
operator of diversified power projects in Africa, where the company is one of
the largest Independent Power Producers. With nearly 1900MW of generation
capacity in operation across 17 power plants in 7 countries, 485MW of new power
projects in construction and >2,000MW in development, Globeleq is one of the
largest independent power producers solely focused in Africa. Globeleq is 70%
owned by British International Investment and 30% by Norfund, the development
finance institutions of the UK and Norway, and has a proven track record for
supporting the ongoing development of the African power sector.
Globeleq’s various generation technologies include gas, wind, solar PV, battery energy storage (BESS), and geothermal. The company is also actively pursuing new opportunities which are emerging from the energy transition, including desalination projects powered by renewables, as well as green hydrogen and ammonia projects.
The
team is now hiring an Accountant, Business Finance to join the Finance team and
will:
Be
responsible for the Group monthly management reporting of internal and external
Business Development spend and Operating Assets’ capital expenditure.
Act as
primary point of contact for Business Development team members on all IFS
project management related matters.
Act as a
primary point of contact for local teams providing expertise and support for
IFS in Business Development and Capex Reporting, leading the continuous
improvement of IFS, seeking assistance from the in-house IFS team as required.
Assist
with year-end financial reporting including preparation of the notes to the
financial statements, dealing with technical accounting matters, liaising with
the auditors.
Key
Main Responsibilities (this list is not exhaustive)
Month End
Reporting:
Lead the
preparation of the Group monthly management report Business Development and
Operating Asset Capex sections.
Lead the
monthly close out Business Development call.
Support
the FP&A Manager in the preparation of the other sections of the Group
monthly management report as required.
Provide
high quality quarterly variance analysis to plan for the aforementioned areas.
Provide
input and challenge to produce quality monthly forecasting.
Develop
and implement improvements to Group monthly reporting for Business Development
and Capex reporting.
Provide
reporting support to operating assets along with Business Development as
required into Annual Operating Plan process.
Work
closely with Group Planning and Treasury teams to ensure Group cash impacts of
Business Development are reflected correctly in Group forecasts, including
tracking accrual vs cash based reporting
Business
Development Support:
Act as
first point of contact to the Business Development Project Managers for all
their project related IFS queries, seeking support from the in-house IFS team
where appropriate.
Actively
seek improvements to the Business Development project management processes and
reporting in IFS to improve controls, insights obtainable from the data in the
system and the user experience.
Ensure
new projects are created in IFS on a timely basis and the Financial Control and
Business Development project teams are informed when projects are created.
Continuously
monitor the list of Business Development projects in IFS to ensure that
projects that become inactive or dormant are categorised as such in the system
in a timely manner.
Monitor
project budget approvals, flagging early to Project Managers requirements for
additional project budget approvals to be sought when required.
Capex
Reporting:
Act as
first point of contact to operating asset teams for their capex reporting
related queries, seeking support from in-house IFS team as required.
Work with
local teams to enhance the quality of their capex reporting, exploring ways to
enhance budget and schedule management for major capex projects.
Coordinate
the operating assets preparation and lead the review of ACE Forms for all
operating assets’ capex as part of the Annual Operating Plan.
Year-end
financial reporting including but not limited to:
Preparation
of certain notes to the Consolidated financial statements of the group and its
subsidiaries and oversight on the subsequent audit of these notes by the
Group’s external auditor.
Other
Group reporting as required, including building new excel or PowerBI reports
for the wider finance organisation.
Skills
Well
developed financial and management accounting skills
Commercial
acumen coupled with technical accounting
Ability
to work in fast paced, changing environment
Planning
and organising
Time
management including the ability to meet deadlines
Analytical
skills
Communication
Self-starter
capable of delivering mini-projects
Diversity
and ethical behaviour
Team work
Computer
skills – MS Excel advanced (including Power Query), Power BI, ERP or general
ledger and consolidation system experience highly desirable
Experience,
Knowledge & Qualifications
Qualified
accountant status (ACCA/ACMA/ACA)
Appropriate
experience in an accounting / consolidating / reporting role
Experienced
in financial and management accounting, current accounting practices and
methods
Previous
experience of working in a global organization would be useful
