Finance Associate Job at Enaro Energy

Enaro Energy is a startup Mini-Grid company that is currently developing a fully commercial, pilot mini-grid project in Nigeria with the intent to scale up and rapidly install several mini-grids across the country. It is a technology agnostic, distributed energy service provider that uses a variety of renewable and fossil fuel primary energy sources to provide competitively priced, predictable and reliable electrical power to small businesses and households across the country.

We are recruiting to fill the position below:

Job Position: Finance Associate

Job Location: Ikeja, Lagos
Employment Type: Full-time

Job Summary

• As a Finance Associate, you will be required to provide financial information to management by researching and analyzing accounting data, designing, maintenance and implementing accounting systems.
• You will also be expected to carry out the systematic classification and assessment of accounting data and preparation of related managerial and financial reports.

Responsibilities

• As the finance focal point, you will lead the capital investment process, optimizing the capital structure, technology platform, procurement costs and social impact of each Mini-Grid in order to deliver required returns to all stakeholders.
• Led the tracking of financial performance across the firm and individual projects and ensure project accounts are always in good standing for regulatory inspection.
• You will also be intimately involved in the capital-raising process for the Mini-Grid projects helping to negotiate the best terms from capital providers.
• Supervising the delivery of a fit for purpose financial model that underpins our investment in Mini-Grids.
• Optimizing each project to ensure targeted returns are achieved.
• Collaborating with the Nigerian Electricity Regulatory Commission (NERC) to optimize the Mini-Grid tariff model.
• Supervise bookkeeping and ensure adequate financial controls are in place across the firm operating locations
• Oversee the annual budgeting process for the firm and individual projects and forecast cash flow requirements.
• Lead preparation of management accounts and financial statements.
• Carry out reconciliation of sales proceeds with third parties.
• Tax planning, remittance and management.
• Act as company focal point for the regulator or community-initiated inspection of accounts.

Qualifications and Requirements

• Bachelor's Degree from a reputable institution in Accounting, Banking and Finance, or similar discipline.
• ACCA or ICAN certification
• Master's in Business Administration preferred.
• 5+ years experience in finance in the utility or telecommunications sectors where you will have arranged financing from third-party financiers for projects with >$1M in CAPEX.
• Understanding of regulated energy markets and utility pricing.
• Understanding of the off-grid and mini-grid electricity markets.

Salary
N200,000 - N250,000 Monthly.

Method of Application
Interested and qualified candidates should forward their CV to: hr@enaroenergy.com using the Job position as the subject of the email.