Expansion Finance Lead

Location: Yamoussoukro, Côte d'Ivoire

Department: Finance

Type: Full Time

Min. Experience: Experienced

Company: Fenix International Inc.

Location: Cote d’Ivoire

Application Deadline: Rolling

Position: Full-time

Compensation: Competitive salary, equity & benefits

About Fenix

Fenix International is a next-generation energy company.  Our mission is to transform our customers’ quality of life through disruptive innovation in energy and financial services. Our flagship product, ReadyPay Solar, is an expandable, lease-to-own solar home system financed through affordable instalments starting under $0.19 per day. We use real-time transaction data to create a unique credit score to finance power upgrades and other life-changing loans and open up a wider world of energy and financing for our customers.

To date, Fenix has sold over 170,000 ReadyPay Power systems in Uganda and Zambia, bringing clean, reliable power for lights, phones, radios, TV and much more to over one million people.  In 2017, Fenix announced that it was joining forces with ENGIE, one of the world's largest energy companies and a leader in the move to renewable, decentralised and digital energy.  ENGIE will make significant commercial investments in Fenix to accelerate the path to our mission. Fenix will operate as a distinct and autonomous company within the ENGIE group in order to retain our unrelenting focus on innovation, smart iterative design, strong team culture and exceptional customer experience. Together, Fenix and ENGIE plan to bring life-changing energy and financial services to tens of millions of off-grid customers and to make universal access to modern energy a reality across Africa.

Job Description

Fenix is looking for an experienced, highly motivated and disciplined Expansion Finance Lead with a passion for entrepreneurship, renewable energy, and financial inclusion to join our team. This position is a unique leadership role in a fast-paced start up at the front lines of renewable energy and mobile payment technology. Candidates should expect a fast paced startup culture, and will be expected to take ownership of a wide range of responsibilities, requiring both high and low skill levels until a full strength team has been established.

The Expansion Finance Lead will report directly to the country Operations Manager as well as collaborate with the CFO, Finance Directors, Global Controller and other country directors to setup the finance systems and processes of new offices in Cote d’Ivoire. The role will also include responsibility for recruiting an accounting team, as well as implementation of procedures and controls to ensure best practices and adherence to global accounting standards and tax laws.

Key Responsibilities

  • Oversee setup of new territory financial reporting activities, including:
  • Monthly financials, PO’s, payments, billings and payroll
  • accounting practices and reporting processes
  • revenue and expenses booking according to IFRS compliant practices,
  • Coordinate tax filings for and collaborate with Director of Finance/Global Controller to oversee external audits and tax audits
  • Lead recruitment and training efforts for accounting staff
  • Setup banking and insurance relationships and monitor accounts
  • Manage admin team and processes, ensuring seamless administration functions as the country scales, as well as build and implement systems and processes that support the business and team, in collaboration with the Talent team, around work permits, office and grounds maintenance, asset procurement and management and benefits administration
  • Setup monthly country reconciliations
  • Work closely with department heads to understand monthly expenses (BvA), monitor spending and drive efficiencies in cost centers
  • Create and/or coordinate with Financial Analyst on ad hoc reporting as necessary to analyze revenue and cost trends
  • Implement operational best practices
  • Setup and manage relationship with external auditors for annual audits.
  • Setup and manage relationship with local consultants and local authorities for corporate and statutory compliance in Cote d’Ivoire.
  • Assist business development team with financial considerations of expanding into new territories.
  • In coordination with global finance team roll out Fenix ERP system for inventory management, budgeting and forecasting, in Cote d’Ivoire.
  • Work with Operations Director to conduct inventory audits, coordinating with external auditors for annual audits and maintain and tie out inventory accounting systems with FenixDB
  • Assist the country Portfolio Health team as needed to assess and continuously improve the ReadyPay portfolio health strategy to ensure repayment is healthy

Required Skills & Experience

  • Outstanding written and verbal communications skills in English and French.
  • B.A or B.S in Accounting, CPA/ACCA preferred
  • Significant leadership and management experience in operational finance, preferably as a Controller
  • Advanced proficiency in accounting software tools
  • Experience with enterprise resource planning systems
  • Advanced quantitative analysis skills and proficiency in excel
  • Ability to manage a multi-cultural team of operations and accounting staff
  • Entrepreneurial spirit and collaborative nature
  • Attention to detail, strategic thinker
  • A passion for Fenix and our customers!

Highly Desired Skills

  • Certified Accountant
  • Grant financial management and reporting
  • Work experience in a multinational company or financial institution, preferably with operations in Africa
  • Experience with risk assessment and loan portfolio health evaluation methodologies
  • Understanding of rural BOP markets, microfinance, mobile telecom and/or renewable energy industries in Africa

To Apply

Please submit your resume and cover letter through the job posting at www.fenixintl.com/careers/.

Fenix offers a competitive salary and a fun work environment. We recognize the value of diversity in our workforce, and encourage all qualified candidates to apply. We thank all candidates who choose to apply, however, only those selected for a further interview will be contacted.

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