Full-Time

Startup & High Growth

Movemeback African oppportunity location
  • Freetown Sierra Leone

Easy Solar - Chief Financial Officer Movemeback African opportunity cover image

Description

Easy Solar is the leading solar company in Sierra Leone, distributing and financing high-quality solar products and appliances for those with limited, or no access, to the conventional grid. This social enterprise is committed to improving the livelihoods of the people they serve, delivering energy access, savings and financial inclusion, education and employment, whilst working towards their core objective - reducing the effects of climate change. Easy Solar makes clean energy affordable to off-grid communities by distributing solar-powered devices on a rent-to-own financing structure. Customers can finance their purchase over time through weekly or monthly instalments, with the option to pay via cash or mobile money. Enabled by data-driven consumer finance, it is a trusted brand built on superior customer service and an expansive network of community-based agents, going the last mile.  Easy Solar’s growth is transforming and empowering the lives of families and businesses across West Africa. Currently operational in Liberia and 12 of Sierra Leone's 16 districts, their products have served over 350,000 people since operations launched in 2016. After close to four years of operations and extremely rapid growth, Easy Solar are seeking a highly qualified and motivated Finance leader to join the team.

 

As the new Chief Financial Officer (CFO), you will join the Easy Solar team as they enter a new phase of growth and development. Based in Freetown, Sierra Leone, you will work closely with the Board of Directors and  Leadership team to ensure the financial sustainability of the company. As the ideal candidate, you will demonstrate 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. 

 

 

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, analysing 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:

  • Post-graduate qualification in financial management, management control, accounting, finance or in an equivalent experience
  • A 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 

  • 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
  • The opportunity to help 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 is the leading solar company in Sierra Leone, distributing and financing high-quality solar products and appliances for those with limited or no access to the conventional grid. Easy Solar is currently operational in 12 of Sierra Leone's 16 districts, and their products have reached over 100,000 Sierra Leoneans since operations launched in 2016.

 

Easy Solar makes clean energy affordable to off-grid communities by distributing solar-powered devices on a rent-to-own financing structure. Customers can finance their purchase over time by paying in weekly or monthly instalments, 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 90+ community-based agents going the last mile, their growth is powering and empowering families and businesses across West Africa, and has driven over $1 million p.a. in household savings for their customers.

 

Easy Solar, through its parent company Azimuth, has received copious support and recognition for its innovative approach to solving the challenges of energy poverty in West Africa. Deeply embedded within the renewable energy landscape in Sierra Leone, their continued success is enabled by partnerships and support from the following key organisations: SOBA, Angaza Design, Orange Money, REASL, PRESSD- SL, Sun King.