Finance Associate at Enaro Energy

Location: Ikeja, Lagos

Job Summary

• As a Finance Associate, you will be required to provide financial information to management by researching and analyzing accounting data, designing, maintenance and implementing accounting systems.
• You will also be expected to carry out the systematic classification and assessment of accounting data and preparation of related managerial and financial reports.

Responsibilities

• As the finance focal point, you will lead the capital investment process, optimizing the capital structure, technology platform, procurement costs and social impact of each Mini-Grid in order to deliver required returns to all stakeholders.
• Led the tracking of financial performance across the firm and individual projects and ensure project accounts are always in good standing for regulatory inspection.
• You will also be intimately involved in the capital-raising process for the Mini-Grid projects helping to negotiate the best terms from capital providers.
• Supervising the delivery of a fit for purpose financial model that underpins our investment in Mini-Grids.
• Optimizing each project to ensure targeted returns are achieved.
• Collaborating with the Nigerian Electricity Regulatory Commission (NERC) to optimize the Mini-Grid tariff model.
• Supervise bookkeeping and ensure adequate financial controls are in place across the firm operating locations
• Oversee the annual budgeting process for the firm and individual projects and forecast cash flow requirements.
• Lead preparation of management accounts and financial statements.
• Carry out reconciliation of sales proceeds with third parties.
• Tax planning, remittance and management.
• Act as company focal point for the regulator or community-initiated inspection of accounts.

Qualifications and Requirements

• Bachelor's Degree from a reputable institution in Accounting, Banking and Finance, or similar discipline.
• ACCA or ICAN certification
• Master's in Business Administration preferred.
• 5+ years’ experience in finance in the utility or telecommunications sectors where you will have arranged financing from third-party financiers for projects with >$1M in CAPEX.
• Understanding of regulated energy markets and utility pricing.
• Understanding of the off-grid and mini-grid electricity markets.

Salary
N200,000 - N250,000 Monthly.