New Job Opportunity at ZOLA Electric Tanzania – Finance Manager
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Zola Electric (former Off Grid Electric) |
About ZOLA Electric
ZOLA
Electric, through its consumer brand Zola, combines Silicon Valley
technology with local expertise to offer African homes and businesses a
long-term solar solution to an unreliable grid. Adaptable to both energy
needs and income, Zola Electric’s solution can be bought over time
through a leasing structure. The first few watts starts a chain reaction
that enables people to achieve commonly held aspirations: security,
education, access to information, and a longer and more efficient day.
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Today,
ZOLA Electric powers more than 100,000 homes and businesses across
Tanzania, Rwanda and Côte d’Ivoire. Zola Electric’s investors include:
SolarCity, Vulcan Capital, DBL Partners, The Packard Foundation, Helios
Investment Partners, and responsibility. Zola Electric is the recipient
of the 2016 UN Momentum for Change Award, Zayed Future Energy Prize, and
the 2015 Global Cleantech 100. For more information, visit
https://ift.tt/1DrfwKN.
Uncover hidden opportunities to make a global impact
Off
Grid Electric is a growth-stage startup that’s on track to light a
million homes in Africa over the next couple of years with clean,
affordable solar energy. At the heart of our business is innovative
solutions that delight our customers. We are looking for a Finance
Manager to support our growth strategy in East Africa.
This may
be your dream job if you’re someone who dreams of combining your
knowledge and skills enabling Off Grid Electric to change the renewable
energy landscape. You’ll also need to be passionate about bringing solar
energy to off-grid and other underserved markets (billions of people
around the world, with the unique social, technical, and business
challenges that come along with it. You are inspired by the opportunity
to unleash whole continents of human potential, and motivated to help
build a truly epic business.
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Role
Off
Grid Electric is seeking a Finance Manager East Africa who will work in
our office in Arusha, Tanzania. The Finance Manager will be responsible
for managing the operational financial functions of our countries in
East Africa, minimize financial risks and manage the sustainability of
operations in the country. This includes driving strategic
collaboration, financial management, inventory and fixed assets
management and risk management.
The role reports directly into the Managing Director, responsibilities related are:
- Participate
in strategic meetings to contribute to the development of the annual
Financial Strategy and Business Plan in collaboration with Country and
Group Finance staff; - Source and generate new ideas to input into the Strategy and provide for strategic adjustments;
- Develop implementation plan of Financial Strategy in collaboration with the team and monitor implementation therein;
- Budget Management and Cash Flow Management and develop annual, quarterly and monthly cash flow projections;
- Manage bank payment approval processes, ensuring segregation of duties in this process;
- Manage proper budget control and compliance by the business as per the approved budget;
- Monitor country expenditure and review monthly, providing actionable improvement plans for country business units;
- Implement and oversee financial remedial plans and measures as required;
- Monitor the execution of proper reporting on budget and cash flow matters;
- Ownership of Country Financial Statements and accountable for all postings to the country financial ledgers;
- Sign-off on monthly reconciliations and review and approve monthly and quarterly expenditure reports;
- Review and approve annual financial statements;
- Ensure that an effective document management system is in place for country operations (in collaboration with Legal Counsel);
- Ensure that a system exists to ensure that all business operating permits are in place;
- Verify physical stock counts periodically to ensure that line organization is properly reconciling stock;
- Ensure that any stock losses are promptly written off and monitor the maintenance of the asset register;
- Coordinate
a physical account to test what has been recorded in the asset register
to confirm the existence of the assets, ensuring that any missing
assets are promptly written off; - Review the insurance policy to ensure it is up to date and that assets are appropriately secured
- Devise and implement periodic financial and operational risk assessments in collaboration with MD and Heads of Departments;
- Carry out internal audits as necessary to assure MD and OGE Executive / Board that financial risks are properly managed;
- Communicate regularly with the Country MDs to provide the necessary updates on departmental operations;
- Liaise with the central accounting team on accounting and financial reporting matters;
- Provide financial advice and counsel to the Country MDs and Heads of Departments;
- Maintain sound working relationships with financial institutions and the relevant authorities, especially Revenue Authority;
- Support the collaboration across functions to understand and resolve problems on the ground.
- Develop and maintain a Procurement Policy for use in-country
- Develop the monthly Procurement Plan in consultation with the Procurement Manager for submission and approval by the Country MD
- Monitor
the implementation of the Procurement Plan ensuring that deviations are
identified and interventions determined in consultation with the
relevant Department Heads - Contribute to business improvement via strategic procurement.
- Monitor the provision of an efficient and safe fleet management service to the business, inclusive but not limited to:
- Vehicle allocations
- Vehicle maintenance
- Incident management
- Compliance to legislation (license renewals, etc.)
- Fleet disposals and replacements
- Operating costs (i.e. fuel consumptions, etc.)
- Lead negotiations of contract terms and conditions with service providers and monitor the performance of service providers
- Monitor
property lease process from end-to-endManage and coordinate the team
of call center credit and compliance representatives in the provision
of day-to-day Call Centre services, encompassing the credit and
compliance: - Create the monthly roster to assign representatives to tasks within the Call Centre
- Monitor the timeous and efficient provision of KYC to customers and follow up to ensure customers are compliant.
- Track the timeous resolution of escalated enquiries
- Monitor Call Centre team compliance to company procedures and policies
- Identify and coordinate the provision of training and coaching interventions to maximise compliance.
- Monitor KPI for credit and KYC and make recommendations on interventions to improve ratings
- Attend to matters of a technical nature and liaise with the IT Department to resolve system performance
- Participate
in weekly and monthly team meetings to monitor services provided and
sales targets, and identify and resolve operational problems - Identify
and assess risks to the business in consultation with the Country
Finance Manager to formulate risk mitigating strategies for credit and
compliance management - Keep abreast of best practice for Call Centre Management, credit and compliance.
NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2021 (1,319 POSTS)
Your profile
- Msc/Bsc
degree in Finance, including a relevant post graduate qualification
e.g. CA, CPA 8 years’ financial management experience; - Knowledge of financial management principles and systems;
- Understanding of the local business environment and knowledge of the relevant financial legislation pertaining to the country;
- Strategic planning, analytical and strong negotiating skills;
- People management and leadership skills;
- Risk management and negotiating skills;
- Attention to detail and deadline driven.
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Perks
The
opportunity to directly improve millions of lives. By bringing
sustainable electricity to a part of the world where 90% of people have
no grid access – Few other activities can provide as fundamental an
impact on human lives as this.
Some of the smartest, most committed, and hardest working international colleagues in a distributed environment.
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