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Assistant Manager, Finance at Husk Power Systems Nigeria Limited

Posted on Tue 07th Jan, 2025 - hotnigerianjobs.com --- (0 comments)


Husk Power Systems ("Husk") is an award-winning clean energy company serving rural India and Sub-Saharan Africa. In 2023, it was named “World’s Best Challenger Brand” in the energy industry and is a 3-time Global Cleantech 100 company. The company’s AI-powered rural energy platform provides 24/7 renewable power to rural households, commercial customers, institutions, and small factories.

We are recruiting to fill the position below:

Job Title: Assistant Manager, Finance

Location: Abuja
Job type: Full time

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.
  • 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.
  • 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. 
  • 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.
  • ACA, ACCA, or CIMA qualifications is preferred
  • 4-7 years of financial management, accounting, or audit experience
  • 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).

Application Closing Date
Not Specified.

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