ENGIE Energy Access is one of the leading Pay-As-You-Go (PAYGo) and mini-grids solutions provider in Africa, with a mission to deliver affordable, reliable and sustainable energy solutions and life-changing services with exceptional customer experience. The company is a result of the integration of Fenix International, ENGIE Mobisol and ENGIE PowerCorner; and develops innovative, off-grid solar solutions for homes, public services and businesses, enabling customers and distribution partners access to clean, affordable energy. The PAYGo solar home systems are financed through affordable installments from $0.19 per day and the mini-grids foster economic development by enabling electrical productive use and triggering business opportunities for entrepreneurs in rural communities. With over 1,700 employees, operations in 9 countries across Africa (Benin, Cote d’Ivoire, Kenya, Mozambique, Nigeria, Rwanda, Tanzania, Uganda and Zambia), over 1.2 million customers and more than 6 million lives impacted so far, ENGIE Energy Access aims to remain the leading clean energy company, serving millions of customers across Africa by 2025.
Job Title: Finance Manager (Financial Planning and Analysis)
Position: 1
Reporting to: Head of Finance Tanzania
Department: Finance Department
Location: Arusha, Tanzania
Job Purpose
Responsible for the analysis of Engie Mobisol financials in the country and circulation of the Profit and Loss for the departments and Country offices for both credit and product in consultation with the accounting team. In addition, implementation of key structure and process to secure comprehensive monitoring of Engie Mobisol Financials to enable making informed business decisions.
Responsibilities
Financial model, budget, and budgetary control
- Management of the Country budgeting and business planning processes in close cooperation with the cost controller (HQ) & Country Management team.
- Providing information about costs in the past, present, and future to the department/ area manager as well as to the Senior Management and Managing Director.
- Preparing Country cost center actual versus plan comparisons, validation & variance analysis (monthly, quarterly, yearly and ad-hoc as required.
- Implementation and improvement of controlling structures and processes in close cooperation with control interfaces in the Head Quarters
- Identify opportunities to optimize processes requiring internal controls recommending and developing proposed changes in policy or procedures to satisfy internal control requirements
- Consultation and support to management regarding business decisions and monitoring department/area unit performance against plan.
Treasury and Funding
- Manage weekly cash flow report and quarters cash flow projection
- Frequently engage with the supply chain team to understand their 12-month forward projection to prepare for stock funding
- Work with the Accounting team to prepare and recommend payment plans on a weekly basis and monthly cash flow and advice the Head of Finance on prudent cash flow management and cash planning.
Pricing
- Manage pricing tools and ensure that the tool is up to date and all key parameters for a standard price are met
- Constant update the management on product profitability
- Work closely with product, marketing, and commercial team to understand business needs that could be driven or may affect product price and product profitability
- Verify all proposals from the business that may have a direct impact on unit profitability including commission, promotions, giveaways, bonuses, etc.
- Regular verify product landed cost and weighted average inventory cost to ensure unit profitability is intact
- Work with credit team to ensure they are up to date on cost of portfolio management and defaulters as it related to Customer Finance unit contribution
Reporting and KPI Dashboard
- Regular review and report of Department KPIs, performance assessment vs KPIs along with related internal and external reporting
- Analyzing cost efficiencies and recommending on the base of this analysis adjusted key performance indicators to the department/ area manager as well as Zonal unit and its Senior Management.
- Preparation and conducting training to the users of financial information and assist in coaching the accounting team on cost center.
- Manage business intelligence team and ensure all business reports and dashboards are shared on time and accurately including ensuring the quality of data behind the reports
- Ensure staff understands the context of their roles in relation to Engie’s strategy.
- Ensure performance consequences are taken by the line managers in your department i.e., recognize best performers and manager poor performers from time to time through both, formal and informal feedback.
- Undertaking any other duties which may be assigned by the Supervisor
Requirements
- Degree in Business Administration/Finance/Accounting or its equivalent.
- CIMA, CPA, or CFA certification is a must.
- MSC/MBA is a plus
- Minimum 4 years of professional experience in Accounting working in a fast pacing company based on a B2B and B2C.
- In-depth knowledge of corporate financial law
- Proficient in the use of MS Office and financial management software (eg SAP
- Strong ability in financial analysis, planning and organization.
- Excellent Verbal communication skills.
- Fluent in English and Swahili is a must.
To Apply:
If you are interested please send your application cover letter and updated CV to jobstz.afr@engie.com with the subject line “ Application for Finance Manager, FP&A”.
Please note.
- The deadline for receiving applications will be Friday 25th February 2022.
- All vacancies announced by ENGIE Mobisol Tanzania are completely free and candidates are not at any point requested to pay a fee for applying or during the recruitment process.
- Only successful shortlisted candidates will be communicated
