Job Description
About the job
- The Finance Associate/ Analyst assists in financial strategy development and execution, capital raising and balance sheet management . Working with the lead financial director/CFO, He/She is responsible for ensuring the integration of both operational and financial measures aimed at efficiency, growth, and profitability of the business in the long run. The position has charge of day-to-day finance transactions and helps to ensure effective treasury, and balance sheet management, and that liquidity positions are maintained.
- Budgeting, financial performance monitoring and reporting are also key responsibilities of the function. The FA will also assist in certain financial accounting functions as the case
SPECIFIC DUTIES & RESPONSIBILITES
- Ensure integration of the Company’s communicated strategic plan with its financial management strategies and in so doing regularly interfaces with project companies within the group to determine areas of mutual collaboration towards the achievement of group financial and business objectives.
- Help develop and articulate a comprehensive financial model for - and its various projects. Convert the articulated long term business strategy of - into integrated financial forecasts.
- Support the financial controller in evaluating all the various projects risk/return metrics and resolution of attendant issues.
- Manage the budgetary process to ensure all budgets adequately reflect periodic resource requirements and revenue estimates for the business: co-ordinate the periodic financial performance monitoring activities of the Company.
- Liaise with internal stakeholders and external financing parties, as maybe required, to ensure the business remains adequately funded in terms of debt, equity and working capital requirements.
- Assist in -’s outreach activities to ensure valuable and effective financial alliances are forged that facilitate -’s business expansion over time.
- Assist in the formulation and execution of -’s investment decision making and financial management to enhance business growth and operating efficiency.
- Work with lead financial director/CFO to set appropriate financial targets, and maintain an effective financial management framework covering treasury, tax planning, financial control and management information systems (MIS) processes.
- Help in sourcing external debt and equity financing required to support the long-term growth and stability of the company and its projects.
- Assist the accounting team as may be required from time to time to develop and implement effective finance and accounting systems, processes, procedures and policies which provide effective controls in the utilization of capital and assets.
- Assist the accounting/treasury team as may be required from time to time, with determining and interpreting -’s assets and liabilities position, company’s cost of funds and product /service pricing requirements; banking transactions and daily financial operations.
- Assist in the preparation and dispatch of periodic statutory reports to regulatory authorities as required.
QUALIFICATION EXPERIENCE
- Minimum of second-class upper university degree in Accounting, Finance (and or other recognized professional accounting qualification ACCA or ACA, CFA).
- Minimum of 3 years post professional qualification experience.
- Basic knowledge of power and energy sector’s GSAA, GTA, PPA & accounting systems would be an added advantage.
- Masters in relevant field is an added advantage
IDEAL KNOWLEDGE AND SKILLS REQUIRED
- Finance & Investment Management
- Project Finance
- Taxation
- Assets and Liabilities Management