Chief Financial Officer (CFO) – Renewable Energy Infrastructure at Borderlesshr

Borderlesshr - Our model is predicated on empowering businesses like yours to build their engineering team without the risk, hassle or cost. You let us know what you want and we build your team from our diverse global pool of thoroughly pre-vetted software engineers.

We are recruiting to fill the position below:

Job Title: Chief Financial Officer (CFO) – Renewable Energy Infrastructure

Location: Abuja (FCT)
Employment Type: Full-time
Reports To: Chief Executive Officer

Job Summary

• The company develops, finances, and owns solar energy projects for commercial & industrial (C&I) clients, government ministries, and distribution companies across Nigeria and Sub-Saharan Africa.

Revenue Streams
Revenue Streams include:

• C&I solar EPC and service contracts.
• Government PPP projects under long-term Power Purchase Agreements (PPAs).
• Developer fees at Financial Close on DFI-financed anchor projects.
• The anchor project targets $10–15M in DFI debt, with Financial Close as a Year 1 stretch goal. The long-term vision is to build a continental platform across 17+ African markets.

The Role

• The CFO is a co-principal of the Year 1 mandate.
• While the CEO leads commercial execution, the CFO owns capital raising and financial structuring.
• This is a hands-on leadership role where you will:
  • Lead DFI negotiations independently.
  • Present to credit committees as the financial lead.
  • Drive Series A fundraising and project financing.
  • Build and own financial models and capital strategy.
• Beyond capital raising, you will also ensure strong financial operations, reporting, and compliance.

Core Responsibilities
DFI Capital Raising:

• Lead all DFI engagements (IFC, AfDB, FMO, Proparco).
• Present projects to credit committees.
• Negotiate debt terms (pricing, tenor, covenants, DSRA, conditions precedent).
• Drive Financial Close and manage all requirements.

Series A Fundraising:

• Build investor-grade 5-year financial models.
• Develop financial sections of the Investment Memorandum.
• Lead investor presentations and due diligence.
• Close $1–2M funding within 8 months.

Grant Funding:

• Identify and secure grants (SEFA, REPP, GEAPP, UKEF, etc.).
• Lead application writing and submissions.
• Target minimum $500k in grant capital.
• Manage reporting and compliance.

SPV Financial Structuring:

• Design SPV structures (cash flow waterfall, DSRA, equity returns).
• Build lender-grade financial models.
• Coordinate legal and financial structuring.
• Ensure DFI bankability.

Financial Controls & Reporting:

• Deliver monthly management accounts within 10 business days.
• Maintain cost discipline and financial controls.
• Manage payroll, tax (PAYE), and pension compliance.
• Lead external audit and recruit finance team.

Performance Expectations
First 60 Days:

• Financial systems, chart of accounts, and banking controls established.
• First monthly management accounts delivered by 10 May 2026.
• At least two grant applications submitted.
• DFI engagement initiated with identified institutions.

By End of Q3 2026:

• Anchor project financial model completed (DSCR ≥ 1.30x, sensitivity analysis, equity IRR).
• Series A financial model and Investment Memorandum completed.
• Active DFI engagement with at least two institutions.
• Finance Analyst recruitment underway.

By Year-End (March 2027):

• DFI term sheet secured ($5–10M).
• Series A closed ($1–2M).
• $500k+ in grant funding secured.
• Clean Year 1 audit completed.
• Financial Close ($10–15M to SPV) achieved (stretch target).

Requirements

• Minimum of 10 years of experience in infrastructure, project, or development finance.
• Proven track record in capital raising on the borrower / developer side.
• PriorCFO or Finance Director experience (preferred).
• Experience closingDFI-funded energy / infrastructure projects in Africa.
• Strong knowledge of Nigerian financial regulations (FIRS, CBN, PENCOM, CAC).
• Expertise in project finance, SPV structures, and financial modelling.

Non-Negotiables:

• Led at least one DFI debt raise end-to-end (with verifiable references).
• Professional certification: CFA, ACCA, ACA, ICAN, or equivalent.
• Built and defended lender-grade financial models.
• Proven success in grant funding applications.
• Experience presenting to credit committees or investors independently.

Compensation & Benefits

• Base Salary: N1,500,000 / month.
• Profit Share: 1.5% of quarterly net profit (post-tax).

Other Benefits include:

• Private health insurance (CFO + dependents).
• Company vehicle.
• Professional development & DFI travel support.
• 21 days annual leave + public holidays.

Application Closing Date
15th May, 2026.

How to Apply
Interested and qualified candidates should send their CV to: amy4recruitment@gmail.com  using the job title as the subject of the email.

Assessment Process

• Application Screening.
• First Interview (60 minutes).
• Financial Modelling Exercise.
• Transaction Presentation.
• Final Interview & Offer.

Note: This role does not include equity in Year 1.