Chief Finance Officer (Renewable Energy) at Qualis Business Support Services Ltd

Description

• Our client, A renewable energy infrastructure developer Company wants to hire Chief Finance Officer
• The CFO will handle all DFI negotiations as the Company’s Financial Principal, Grant applications, Capital raising & SPV restructuring.

Responsibilties
DFI Capital Raising:

• Own and lead Company’s DFI engagement strategy independently:
• Identify the right lending windows at IFC, AfDB, FMO, Proparco, and African Development Finance Institutions.
• Negotiate the financial terms of the DFI debt facility: pricing, tenor, covenants, DSRA sizing, security structure, and conditions precedent.
• Series A Capital Raise
• Lead the financial component of the Series A fundraise:
• Build the investor-grade 5-year financial model, produce the financial sections of the Investment Memorandum, and manage the financial data room.
• Present to Series A investors as the financial lead; field financial due diligence questions independently.

Grant Origination & Management:

• Independently identify and pursue applicable grant facilities: SEFA, REPP, GEAPP, Sustainable Energy Fund for Africa, UKEF, and equivalents.
• Lead grant application writing, submission, and stakeholder management.
• Manage all grant reporting obligations and milestone submissions to ensure continued facility access.
• Target minimum $500k in grant capital secured across Year 1.

SPV Financial Architecture:

• Design the SPV financial structure for the anchor project: account waterfall, DSRA sizing, equity return model, and ring-fencing compliance.
• Build and defend the financial model to lender-grade standard:
• Ensure all SPV financial structures meet DFI bankability requirements from the first lender engagement.

Financial Controls & Management Accounting:

• Produce monthly management accounts
• Maintain OPEX burn discipline against the approved budget ceiling; escalate variances immediately with documented explanations.
• Manage all banking relationships, dual signatory controls, and payment authorization processes.
• Oversee payroll, PAYE remittances, pension contributions, and all statutory financial obligations.
• Lead the Year 1 external audit process and ensure a clean audit opinion.

Required

• B.Sc Degree in Accounting or Finance, ACA/ACCA with 10+ years experience in infrastructure finance, project finance, or development finance with direct capital-raising responsibility.
• company where capital raising was a core personal responsibility
• Grant application track record with SEFA, REPP, GEAPP, GCF, UKEF, or equivalent international facilities.
• Knowledge of Nigerian regulatory financial environment: FIRS tax obligations, CBN FX regulations,
• Familiarity with renewable energy project economics: EPC contracts, PPA revenue modelling, forecasting.