General Manager, Finance at Husk Power Systems

Role Summary

Husk is seeking a General Manager - Finance is a senior leadership position responsible for overseeing and managing all financial aspects of the organization in Nigeria and other geographies in Africa. This role plays a critical role in shaping the financial strategy, ensuring financial stability, and providing leadership to the finance team. This person will work closely with the country and global leadership team and contribute to strategic decision-making and planning.

This position provides the opportunity to join a growing team that is changing the face of rural electrification in Nigeria and India.

Key responsibilities:

Financial Strategy and Planning:

• Develop and implement financial strategies, plans, and policies to achieve the organization's financial objectives.
• Provide financial analysis and recommendations to support long-term and short-term decision-making.

Financial Reporting:

• Prepare and present accurate, timely, and comprehensive financial reports to the executive team and the board of directors.
• Ensure compliance with financial regulations and standards.
• Timely preparation of compliance reports for investors and lenders.
• Monitoring and managing financial covenants and KPIs as prescribed by lenders and investors.

Statutory Audit:

• Manage audits for Nigeria and other African entities in a time-bound manner.
• Manage transfer pricing documentation and ensure arm’s length inter-company transactions.

Budget Management:

• Lead the budgeting process, working with department heads to create and manage the annual budget.
• Monitor budget performance and provide insights for cost control and revenue optimization.
• Prepare financial forecasts and present them to management for effective decision-making.

Cash Flow Management:

• Manage cash flow and liquidity, ensuring that the organization can meet its financial obligations and make strategic investments.
• Implement cash management policies and strategies.
• Managing Accounts Receivables, Payables, and Inventory.

Risk Management:

• Identify, assess, and mitigate financial risks like foreign exchange risk, etc. that could impact the organization's financial health.
• Develop risk management strategies and policies.

Financial Operations:

• Oversee accounting, financial systems, and financial operations.
• Manage Direct and Indirect taxes.
• Ensure accuracy and compliance with accounting principles and standards.
• Manage compliances and filing.

Team Leadership:

• Led and mentor the finance team across multiple geographic locations in Africa, providing guidance and professional development opportunities.
• Build a high-performance finance department.

Financial Modelling and Projections:

• Develop and maintain financial models and projections to support strategic planning and decision-making.

Stakeholder Relations:

• Maintain relationships with investors, lenders, and external financial partners.
• Communicate financial performance and plans effectively to these stakeholders.
• Manage and retain relationships with vendors/suppliers.
• Maintain close Inter-departmental relationships for planning and providing strategic inputs.
• Interact closely with financial consultants, auditors (Big4), and government agencies.

Internal Audit:

• Develop/review, document, and implement financial policies and processes.
• Conduct regular Internal audits with a view to improving internal controls and adherence to policies and processes.

Fund Raise:

• Assist Global CFO in various fundraising activities like due diligence, financial queries, etc.
• Develop and manage relationships with various Banks/financial institutions to arrange on and off-balance sheet working capital limits.

Required Skills & Attributes

• Chartered Accountant / CPA or equivalent degree.
• Extensive experience of at least 15 years in finance, with a strong track record of financial leadership in progressively responsible roles.
• In-depth knowledge of financial principles, regulations, and best practices.
• Excellent knowledge of corporate financial law.
• Knowledge of Direct and Indirect Tax and prevailing accounting standards.
• Knowledge of IFRS.
• Knowledge of accounting for retail business and commercial projects.
• Hands-on experience in risk management in Nigeria.
• Able to handle large data files and consolidate multi-currency financials for multi-geography entities.
• Ability to work in a fast-paced and dynamic environment.
• Willingness to adapt to changing priorities and challenges.
• Excellent leadership and team management abilities.
• Excellent communication and interpersonal skills.
• Problem solver and critical thinker mindset with strong decision-making capabilities.
• Strong analytical and problem-solving skills with a multi-tasking mindset.
• Proficiency with financial software and tools.
• Strong knowledge of Microsoft Office tools.
• High ethical standards and integrity.
• Hands-on experience in financial management software and SAP (will be an added advantage).