Assistant Manager, Finance Job at Husk Power Energy Systems Nigeria Limited

Husk is one of the world’s leading rural energy providers. We provide low-cost and reliable power to rural households and businesses, entirely from renewable energy sources. Powering economic possibilities in every village is at the heart of everything we do.

We design, build and operate the lowest cost hybrid (solar and biomass) power plant and distribution network in India and Africa. To date, Husk has provided electricity to over 15,000 homes and business, reducing 95,000 tonnes of CO2. Our aim is to provide 30MW of power to 225,000 customers by 2025, and save 350,000 tonnes of CO2 each year.

We are recruiting to fill the position below:


Job Position: Assistant Manager, Finance
Job Locations: Abuja (FCT)
Job type: Full-time
Division / Function: Finance
Reports to: GM Finance with a dotted line to CFO

Role Summary

  • Husk seeks an Assistant Finance Manager who will be responsible for developing and maintaining a strategic financial plan and annual operating, capital budgets, financial analysis, acquisitions and business development, revenue management, and preparation of the financial statements, in accordance with financial techniques appropriate to the energy sector, decision support and cost accounting of the organization. 
  • This role involves direct interface with external consultants, external auditors, banks, and regulators such as NERC etc. This reports to the GM Finance with a dotted line to the Chief Financial Officer (CFO).

Key responsibilities
Accounting, Reporting & Auditing:

  • Coordinate all monthly and annual financial processes for the local entity.
  • Liaise with external financial consultants, ensuring adherence to all agreed timelines on deliverables (monthly accounting calendar), checking reconciliations, accurate recording in ledger and comprehensive and clear filing of all records and supporting documents.
  • Ensures that all balance sheet accounts are reconciled monthly, and a system of internal controls is in place and followed to facilitate a clean audit opinion with no audit adjustments or internal control deficiencies noted. I.e., of internal controls, verifying the month end cash counts, reviewing monthly account reconciliations for balance sheet accounts, verifying the reconciliation between physical Inventory and ERP inventory values, and ensuring the Fixed asset register is accurate.
  • Identify new metrics to drive business performance relative to strategic priorities while minimizing risk.
  • Ensure supporting documents to grantors/financiers and other strategic partners are maintained and available as requested.
  • Responsible for overseeing the end of year annual external audit and ensuring findings from the audit management letter are addressed.
  • Provide support to business heads in implementing financial plans and productivity benchmarks, and to monitor progress toward financial goals i.e., financing projects for and by third parties. 
  • Develop strategies to increase cash flow forecast with the Country Director to ensure availability of cash annually. 
  • Serve as lead liaison with banks, negotiating minimum costs on transactions and FX.
  • Produce monthly financial reports and interpret financial information to managerial staff while recommending further courses of action.
  • Oversee operations of the local finance function 
  • Plan, assign, and review work of staff to ensure that group objectives are met. Hire, train, develop, and manage staff to ensure that a qualified staff exists to meet group objectives.

Tax & Regulatory Compliance:

  • Ensure proper corporate governance practices including compliance with applicable Corporate Governance Code(s), statutory and other regulatory requirements.
  • Verify that tax filings - VAT, PAYE, Withholding Taxes, NASSIT calculations, corporate income taxes are accurate and are filed before the statutory due dates.
  • Ensure regulatory and tax compliance with the relevant regulators to ensure optimal planning. Register and renew dues & payments to statutory agencies. 
  • Ensure adequate budgeting systems for both operating and capital budgets.
  • Manage memberships and registration to industry-specific, statutory organizations & subscriptions.
  • Serve as lead liaison with NERC, especially on tariff and regulatory matters in conjunction with the Country Director.
  • Prepare, publish and update a compliance tracker capturing compliance requirements for project, contract, industry, investor, regulatory, specific.
  • Other related tasks and projects as requested.

Qualifications

  • A graduate of Accounting, Economics, Finance or similar course of study, an MBA is a plus.
  • 4-7 years of financial management, accounting, or audit experience
  • ACA, ACCA, or CIMA qualifications is preferred
  • Hands-on on IFRS
  • Experience in Financial modeling, financial planning, and analysis.
  • Solid proficiency in Microsoft Office, especially Excel, SAP, and/or other financial and enterprise planning and management software.
  • Excellent financial planning and modelling skills with strong knowledge of financial operations procedures.
  • Analytical thinker with strong conceptual and problem-solving skills.
  • Proven proactive approach to financial management and regulatory compliance.
  • Ability to process large amounts of data and convert to useful business information and recommendations.
  • The ability to evaluate and convey complex information to others in an effective manner through persuasive communication, negotiating skills and clear presentation skills in both verbal and written contexts.
  • Knowledge of ERP (Tally).

Benefits

  • Salary is Negotiable based on experience 
  • Husk offers flexible working conditions with employee benefits that are in line with global best practices. 
  • These include clear career growth planning, transparent performance review and reward processes that are gender neutral, maternity, and paternity leave, gender-inclusive workplace conditions with special attention given to the safety and security of our women employees, 18-day annual paid leave, and family health insurance. 
  • Husk does not believe in micromanagement and encourages its employees to have a healthy work-life balance, giving them the freedom to manage their workload to be compatible with their lives.

 

Note

  • Women candidates are encouraged to apply
  • This description indicates the general nature and level of the qualifications and duties required of employees in this job classification, as well as the essential functions a person must be able to perform to do this job.
  • It is not designed to be a comprehensive inventory of all duties and qualifications required of employees assigned to this job.
  • Husk Power Systems and its subsidiaries are equal-opportunity employers and make employment decisions on the basis of merit and business need. 
  • We hire without consideration of race, colour, religion, citizenship, political activity or affiliation, marital status, age, national origin, ancestry, disability, veteran status, sexual orientation, gender identity, gender expression, sex or gender, or any other basis protected by law.