Reporting and Treasury Manager Employment Opportunity – SolarNow
Job Title: Reporting and Treasury Manager
Organisation: SolarNow
Duty Station: Kampala, Uganda
Reports to: Chief Financial Officer
Suggested start date: 1st April 2020
About US:
SolarNow is a distribution and finance company that sells high quality solar products and appliances to households and businesses in Uganda and Kenya. The company started in 2011 and has since opened 49 branches throughout Uganda, 12 more branches in Kenya, and employs over 800 people. Our company aims to be client centric and a leading brand. In sales, we transform the lives of satisfied clients with motivated professional staff. We target the right persons, with the right product, at the right place with the right message. Our message follows our economic and inspirational brand personality: make money and power your life!
Job Summary: The Reporting and Treasury Manager will be responsible for supporting the business by providing information and analysis through daily, weekly dashboards and reports to assist the business and departments in making value adding operational and strategic business decisions leading to improved performance and cost management including evaluation and design of business management solutions.
- Assist with the updating and maintenance of the strategic plan financials
- Preparation of Annual budgets, forecasts and estimates
- Review and monitoring actual performance against plan to include:
- Support the Credit Management Function with the analysis of key credit information
- Revenue and operating expense performance review and management
- Cost, margin selling price Review and Management through appropriate models and
About you: You are someone who cares deeply about improving livelihoods in Africa, but you bring more than passion to the role: you have the grit and resilience to make change happen. You are excited about understanding this nascent industry, the SolarNow products, its unique value proposition and the difference they make. You love enabling the society around you by providing services and products that have an impact in the community. You are a self-starter, can work with minimal supervision. You do not compromise on quality and expect the very best of yourself and others around you. You are creative and are able to ask the right questions, leading to deep understanding of SolarNow’s potential clients.
Key Duties and Responsibilities:
- Updating and Maintenance of Strategic plan financials
- Update the strategic plan Financials for any new assumptions and statistics and generate a moving 5-year strategic plan model,
- Preparation of annual budgets forecast and estimates:
- Create and maintain a framework for the annual operating cost and Revenue budget process and manage the process with heads of department and the CFO,
- Prepare and manage re-forecast and estimates as required with HOD’S and CFO
- Review and monitoring actual performance against plan:
- Create and maintain a tracking framework to timeously monitor overall company performance against plan with MB and HOD’S throughout the period to facilitate performance improvement interventions
- Revenue and Expense Review and Management – Generate reports for tracking actual versus budget revenue and expenses with KPI’S for productivity, efficiency and profitability for management and hold monthly performance management meetings,
- Cost, Margin, selling price by product for review and management – Generate and up-date cost, margin selling price schedules by product for comparison of actual with budget and previous months and recommend price margin adjustments on a monthly basis,
- Branch, Segment and customer profitability Review and Management -Produce and analyze profitability reports by Branch, segment and customer for use by management to drive improved business performance and profitability monthly,
- Credit Management and reporting-To prepare daily credit management reports to monitor performance of funds for cash and credit for review by Treasury manager and Business managers.
- Individual Entity Performance Review & Management-Produce and Analyze financial reports for individual entities for MB Review.
- Treasury Management – ensure proper cash flow and working capital management. Monitor cash collections per fund, through daily cash collection reports with Credit and business teams to ensure capital and interest repayments can be met
- Manage payment process ensuring timeous processing of payments.
- Investor reporting and relationship management – prepare investor reports and manage relationships with investors and banks. Maintain a loan schedule and ensure payment of interest and loan principal as and when they fall due.
- To ensure timely preparation of the monthly FACT Sheet by the 7th of every month.
Key Performance Indicators:
- Branch, Segment, product and customer profitability Review and Management
- Individual Entity Performance Review & Management
- Preparation of monthly management fact sheet and reports
- Treasury Management
- Preparation of Investor Reports
Qualifications, Skills and Experience:
- The ideal candidate for the Solarnow Reporting and Treasury Manager job must have over seven years of PQE experience 3 of which must be in a performance management role
- ACCA, CPA and BA in Finance/Accounting
- In-depth knowledge in the preparation, understanding and use of key performance management tools
- Ability to lead/manage department heads in meetings
- Very strong spreadsheet modeling excel & accounting and ERP systems knowledge
- Good interpersonal & organization skills & analytical mind and with a keen eye for detail.
- Ability to produce Timeous and accurate reports.
How to Apply:
All suitably qualified and interested candidates are encouraged to send their applications, updated CVs, three references and one passport photo addressed to the Human Resource Manager, SolarNow Uganda Services via e-mail to recruitmentug@solarnow.eu. Please use the following subject: Application for Position Title – “Your Name”.
Deadline: 30th March 2020