Contract

Startup & High Growth

Movemeback African oppportunity location
  • Freetown Sierra Leone

Easy Solar - Chief Financial Officer Movemeback African opportunity cover image

Description

Easy Solar is a leading distribution company in West Africa, providing financing on high-quality solar products and appliances for those with limited or no access to the conventional grid. Customers can finance their purchase over time by paying in weekly or monthly installments, with the option to pay via cash or mobile money. To date, Easy Solar has reached more than 550,000 people, distributed through our extensive network of +350 agents and outlets across Sierra Leone and Liberia.

 

About The Role

After five years of operations and extremely rapid growth, Easy Solar is entering a new phase of its development and seeking to recruit a highly qualified and motivated CFO. Based in Freetown, Sierra Leone, the ideal candidate will have a very strong financial background, a genuine interest in working for a social enterprise that combines social impact and financial performance, and an exceptional ability to lead, train and motivate a multi-country Finance team. The CFO will be working closely with the board of directors and the leadership team to ensure the financial sustainability of the company.

 

Role Responsibilities:
 

  • Team management: Providing leadership, direction and management of the finance and accounting teams in Sierra Leone and Liberia
  • FP&A: Managing the processes for financial forecasting and budgets, and overseeing the preparation and the timely delivery of all financial reporting
  • Controls / internal audit: Ensuring that effective processes and internal controls are in place, and ensuring compliance with GAAP and applicable regulatory laws and rules for
  • financial and tax reporting
  • Strategic advice: Providing strategic recommendations to the CEO, the board of Directors and members of the executive management team, on enhancing the financial performance of the company. Researching economic trends, analyzing internal operations, identifying areas of cost reduction and process enhancement
  • Corporate Finance & Fundraising: Advising on long-term financial planning and optimal capital structure. Establishing and developing relations with potential investors and stakeholders. Managing Debt fundraising, and working in tandem with CEO on Equity fundraising.
  • International expansion: Set-up finance systems, team and processes in new countries, and structure intercompany reporting and accountability

Criteria

Required Skills

  • Post-graduate qualification in financial management, management control, accounting, finance or in an equivalent experience
  • Qualified member of an accountancy body or holder of an equivalent qualification
  • Minimum 10 years of management experience in financial strategy and operations
  • Ability to develop and implement policies related to financial reporting, working capital and treasury management, and compliance
  • Proficient in accounting software (preferably including Xero)
  • Experience either living or working in sub-Saharan Africa
  • Experience managing a country level budget
  • Advanced quantitative analysis skills and proficiency in excel
  • A solid understanding of financial accounting principles (IFRS)
  • Knowledge of the relevant financial legislation pertaining to the country
  • Excellent communications skills, and fluent in English. French proficiency is a plus
  • Entrepreneurial spirit and collaborative nature
  • Ability to multitask and work under pressure
  • Attention to detail, strategic thinker


Highly Desired Skills

  • Experience with inventory management and logistics
  • Experience in Banking and in the financial department of a subsidiary of a multinational group, preferably with operations in sub-Saharan Africa in rural locations
  • Advanced proficiency in accounting software and/or enterprise resource planning tools
  • Experience with risk assessment and loan portfolio health evaluation methodologies
  • Understanding of rural BOP markets, impact investing, microfinance, mobile telecom and/or renewable energy industries in sub-Saharan Africa
  • Women are encouraged to apply

Benefits

  • Competitive salary and regional/international medical insurance
  • A unique opportunity to expand energy access & financial inclusion at scale in West Africa
  • A secure position in a rapidly growing company with a young, dynamic and motivated team
  • The opportunity to develop new solutions and concepts to support a growing retail and asset financing business

About Easy Solar

Easy Solar enhances the lives of people across West Africa by providing access to solar energy solutions and other transformative durable goods. We make these affordable through a range of flexible financing options, empowered by pay-as-you-go technology, and accessible through an extensive network of agents and shops. As a leading solar company in Sierra Leone and Liberia, we have over 700,000 people using our products since operations launched in 2016. Customers can finance their purchases over time by paying in weekly or monthly installments, with the option to pay via cash or mobile money. Enabled by data-driven consumer finance, a trusted brand built on superior customer service, and an expansive network of 400+ agents and shops going the last mile, our growth is powering and empowering families and businesses across West Africa.


Easy Solar's funders include FMO, Acumen, AfDB, Gaia Impact Fund, MasterCard, and AECF (among others), and is a globally recognized brand, having been featured by Forbes, CNN, BBC, and Bloomberg, and an award from the World Economic Forum as Social Entrepreneurs of the Year in 2019, and Young Entrepreneurs of the Year in 2020 from Forbes Africa.