Chief Financial Officer (CFO) at GVE Projects Limited

GVE Projects Limited is a leading distributed renewable energy solutions provider on a mission to end energy poverty in Africa through a business footprint that covers the design, sales, installation and maintenance of solar energy solutions for residential, commercial, industrial and rural off-grid or under-served communities across Nigeria.

Our solutions are tailored to reliably meet the electricity needs of our clients, resulting in energy cost reduction, improved efficiency and sustainability for which we have been recognized by the London Stock Exchange Group as one of the fastest-growing private companies in Sub-Saharan Africa.

We are currently recruiting for the position below:

Job Title: Chief Financial Officer (CFO)

Location: Abuja, Nigeria
Reports to: Managing Director / CEO

Job Descriptions

What will you be doing?

• The CFO holds a very vital and strategic role in the company. This position is expected to provide essential financial governance, Finance and Accounting Management, Control and Reporting, General Administration, Legal and Tax services to the company’s operations in compliance with global best practices, policies, systems and procedures as laid down by GVE operational procedures.
• The CFO’s key responsibility is to work closely with the executive management team in developing new opportunities aimed at increasing footprint in the sector.
• Over the next years, s / he needs to develop and position the company as a global leader in the sector offering increased company’s valuation and investor’s interest.
• In addition, the CFO will provide guidance and support and ensure local implementation of the company’s corporate compliance program.

In summary, the following points represent the key expectations of the management from a successful candidate:

• Providing strong leadership as a member of the executive team including strategic vision and tactical execution to drive revenue growth, profitability and capital base.
• Building and managing a world-class finance and accounting team.
• Ensuring a governance structure is in place to achieve a sustainable and efficient operational execution that increases shareholder value and facilitates employee and organizational well-being.
• Accountable for all finance and accounting activities in the organization including management reporting.
• Leads and ensures all financial processes required to support the management and effective execution of the company’s corporate strategies are in place.
• Ensuring proper financial reporting
• Determine financing needs for debt and/or equity financing and responsible for successful completion of financing deals, including equipment/asset financing and lease arrangements.
• Assists in the implementation and/or maintenance of management control systems for other departments e.g. actual expenditure vs budget, product costing system, sales reporting and variance systems, and sales cost reporting. These reports will also be used by the Finance Department to be informed of day to day trends and to suggest potential improvements when appropriate.
• Consolidates and communicates financial performance updates and comments to the Executive Team, lenders, shareholders and other stakeholders.
• Collaborates with the management team to optimize operational costs and improve performance closely tracked by key metrics and performance indicators.
• Collaborate with the IT department to ensure the enterprise is supported with appropriate business intelligence and empowering systems, including the development, deployment and management of a cost-effective ERP designed and customized to suit GVE’s long-term operational strategies.
• Manage shareholder’s returns and payment of dividends as the case maybe.
• Support new business development, resource mobilization, diversifying revenue growth, program quality and impact agenda.
• Lead in the development of costings and budgets for new project development with support from the management team.
• Visit the field and partners to analyse the reports and financial statements and provide technical support to partners and project teams on the effective use of resources.

Requirements

Who are we looking for?

• Minimum of bachelor’s degree in accounting, financial management or related field from a very reputable institution (an MBA with CFA, ICAN and/or ACCA certification is preferred).
• > 10year track record in financial leadership positions driving business through organic growth with hands-on experience in investment financing and fundraising rounds (Preferably in Renewable Energy Sector but not mandatory).
• Hands-on experience with IT driving finance and accounting management tools.
• A strong leader with intellectual honesty, open-mindedness, and rigour to defend their strategic direction and support it with data while considering the position of others.
• An approachable personality with a strong appreciation for people at all levels in the organization and an ability to deliver under pressure.
• A clearly evident capability built upon a long track record of integrity and professionalism that inspires trust and confidence from the senior leadership team and shareholders.
• Strong financing and working capital management acumen.
• Ability and willingness to raise issues and drive resolution on topics, popular or unpopular, in the best interests of the company.
• A demonstrated, detail-oriented and principles first approach to problem-solving rather than reliance on industry heuristics and an ability to explain those principles to others.
• A willingness to prioritize building a cohesive company culture over individual functional success.
• An excellent communicator who can comfortably engage with the CEO and all levels of the management team.
• Demonstrated leadership in high-value negotiations in both win-win and win-lose scenarios with suppliers, partners, and customers, and government entities.
• Female candidates who meet the above requirements are highly encouraged to apply.

What We Offer:

• Competitive executive emolument and stock option; commensurate with experience and education.
• Strong performance-based annual bonus.
• Participation in our long-term incentive plan.
• Full benefits package that includes medical insurance, paid vacation etc.
• Amazing work-life balance.
• Being a member of a dynamic team of professionals driving global revolutionary change.

Application Closing Date
13th April, 2020.