M-KOPA SOLAR Tanzania
Finance and Admin Manager - Job Description
Position Title: Finance and Admin Manager
Location: Dar Es Salaam
Position Start: ASAP
Reporting to: Dual report to General Manager of M-KOPA Solar Tanzania and Head of Finance at M-KOPA Global.
Introduction
About M-KOPA Solar
M-KOPA Solar, headquartered in Nairobi, Kenya with offices in Dar Es Salaam and Entebbe and is the global leader of "pay-as-you-go" energy for off-grid customers.
Since its commercial launch in October 2012, M-KOPA has connected more than 300,000 homes in Kenya, Tanzania and Uganda to solar power, and is now adding over 600 new homes each day.
The success of M-KOPA (M= mobile, KOPA= to borrow) stems from making solar products affordable to low-income households on a pay-per-use instalment plan. Customers acquire solar systems for a small deposit and then purchase daily usage "credits" for US $0.50, or less than the price of traditional kerosene lighting. After one year of payments customers own their solar systems outright and can upgrade to more power.
All revenues are collected in real-time via mobile money systems (such as M-PESA in Tanzania) and embedded GSM sensors in each solar system allow M-KOPA to monitor real time performance and regulate usage based upon payments. This connected design means that M-KOPA is processing vast amounts of data (i.e. over 20,000 mobile payments per day) via the company's proprietary cloud platform, M-KOPAnet.
As of January 2016, M-KOPA employs over 800 full time staff across East Africa and sells through a network of 1,000 direct sales agents. It has also commenced licensing its technology to partners in other markets.
M-KOPA has been recognized for its pioneering business mode and scale, notably being selected as Forbes magazines top 50 companies changing the world, winning the 2015 Zayed Future Energy Prize, being selected as the top New Energy Pioneer at the 2014 Bloomberg New Energy Finance awards and earning the 2013 FT/IFC Excellence in Sustainable Finance Award.
Role Summary:
Manage team that oversees all aspects of local statutory and management accounting, reporting, financial analysis, and office administration responsibilities.
Specific Responsibilities:
Oversee all financial management and responsibilities
Ensure accuracy and timeliness across all financial record keeping and payments to M-KOPA stakeholders,
Work with the General Manager of Tanzania and M-KOPA Head Office on oversight on the Tanzania budget and management accounts
Work with M-KOPA Head Office to manage the overall cashflow of M-KOPA Solar Tanzania
Manage mobile money receipts and payments platform ensuring controllership, accuracy and up to processing and invoicing
Maintenance of Tanzania books of accounts on M-KOPA’s management accounting system
Monthly preparation of statutory and management accounts for consolidation including variance analysis
Controllership, administration and accounting for local payments
Oversee the procurement function of the business
Oversee the company payroll and the financial component of contract administration
Preparation, submission and payment of all Tanzania statutory submissions including VAT, WT, Annual Returns, Payroll Taxes etc
Provide local management team with budgeting, cost control and commercial advice
Supervise local book keeper and admin assistant
Assist and advise group management on rapid scaling of Tanzania finance capability and split between local and centralized functions
Oversee and manage the administrative functions of the office including the office facilities and assets, drivers, guards, security, cleaning staff and other administrative functions.
Experience and Skills:
Graduate and qualified accountant with good knowledge of Tanzania tax and other legal regulations and reporting requirements
Advanced excel skills – experienced with financial software, bonus if have experience with Microsoft Dynamics and SAGE
5 years’ experience in a commercial accounting environment in a medium sized organization
Organized and process driven problem solver able to structure detail plans and drive their implementation for self and team
Comfortable briefing and interacting with senior management
Sees finance as a service function for business – sets and meets personal and team service level targets
Ambitious and looking for further professional development
Committed to M-KOPA Solar mission and Values
Excellent written and spoken English and Kiswahili
Compensation: Competitive
TO APPLY
To apply, send an updated detailed copy of your CV and a cover letter expressing why you feel you would be an excellent candidate for the role to careerstz@m-kopa.com with the subject Finance and Admin Manager JD PLEASE NOTE Due to the large number of applications received by us, we regret that you will not be contacted unless you are short listed for the post and invited for an interview. Therefore, if you have not heard from M-KOPA within 4 weeks of the date of the deadline your application, you should assume that you have not been successful on this occasion. This measure has been taken in the interests of efficiency and cost effectiveness and we apologize for any inconvenience this may cause.
Finance and Admin Manager - Job Description
Position Title: Finance and Admin Manager
Location: Dar Es Salaam
Position Start: ASAP
Reporting to: Dual report to General Manager of M-KOPA Solar Tanzania and Head of Finance at M-KOPA Global.
Introduction
About M-KOPA Solar
M-KOPA Solar, headquartered in Nairobi, Kenya with offices in Dar Es Salaam and Entebbe and is the global leader of "pay-as-you-go" energy for off-grid customers.
Since its commercial launch in October 2012, M-KOPA has connected more than 300,000 homes in Kenya, Tanzania and Uganda to solar power, and is now adding over 600 new homes each day.
The success of M-KOPA (M= mobile, KOPA= to borrow) stems from making solar products affordable to low-income households on a pay-per-use instalment plan. Customers acquire solar systems for a small deposit and then purchase daily usage "credits" for US $0.50, or less than the price of traditional kerosene lighting. After one year of payments customers own their solar systems outright and can upgrade to more power.
All revenues are collected in real-time via mobile money systems (such as M-PESA in Tanzania) and embedded GSM sensors in each solar system allow M-KOPA to monitor real time performance and regulate usage based upon payments. This connected design means that M-KOPA is processing vast amounts of data (i.e. over 20,000 mobile payments per day) via the company's proprietary cloud platform, M-KOPAnet.
As of January 2016, M-KOPA employs over 800 full time staff across East Africa and sells through a network of 1,000 direct sales agents. It has also commenced licensing its technology to partners in other markets.
M-KOPA has been recognized for its pioneering business mode and scale, notably being selected as Forbes magazines top 50 companies changing the world, winning the 2015 Zayed Future Energy Prize, being selected as the top New Energy Pioneer at the 2014 Bloomberg New Energy Finance awards and earning the 2013 FT/IFC Excellence in Sustainable Finance Award.
Role Summary:
Manage team that oversees all aspects of local statutory and management accounting, reporting, financial analysis, and office administration responsibilities.
Specific Responsibilities:
Oversee all financial management and responsibilities
Ensure accuracy and timeliness across all financial record keeping and payments to M-KOPA stakeholders,
Work with the General Manager of Tanzania and M-KOPA Head Office on oversight on the Tanzania budget and management accounts
Work with M-KOPA Head Office to manage the overall cashflow of M-KOPA Solar Tanzania
Manage mobile money receipts and payments platform ensuring controllership, accuracy and up to processing and invoicing
Maintenance of Tanzania books of accounts on M-KOPA’s management accounting system
Monthly preparation of statutory and management accounts for consolidation including variance analysis
Controllership, administration and accounting for local payments
Oversee the procurement function of the business
Oversee the company payroll and the financial component of contract administration
Preparation, submission and payment of all Tanzania statutory submissions including VAT, WT, Annual Returns, Payroll Taxes etc
Provide local management team with budgeting, cost control and commercial advice
Supervise local book keeper and admin assistant
Assist and advise group management on rapid scaling of Tanzania finance capability and split between local and centralized functions
Oversee and manage the administrative functions of the office including the office facilities and assets, drivers, guards, security, cleaning staff and other administrative functions.
Experience and Skills:
Graduate and qualified accountant with good knowledge of Tanzania tax and other legal regulations and reporting requirements
Advanced excel skills – experienced with financial software, bonus if have experience with Microsoft Dynamics and SAGE
5 years’ experience in a commercial accounting environment in a medium sized organization
Organized and process driven problem solver able to structure detail plans and drive their implementation for self and team
Comfortable briefing and interacting with senior management
Sees finance as a service function for business – sets and meets personal and team service level targets
Ambitious and looking for further professional development
Committed to M-KOPA Solar mission and Values
Excellent written and spoken English and Kiswahili
Compensation: Competitive
TO APPLY
To apply, send an updated detailed copy of your CV and a cover letter expressing why you feel you would be an excellent candidate for the role to careerstz@m-kopa.com with the subject Finance and Admin Manager JD PLEASE NOTE Due to the large number of applications received by us, we regret that you will not be contacted unless you are short listed for the post and invited for an interview. Therefore, if you have not heard from M-KOPA within 4 weeks of the date of the deadline your application, you should assume that you have not been successful on this occasion. This measure has been taken in the interests of efficiency and cost effectiveness and we apologize for any inconvenience this may cause.
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