Finance Manager, Financial Planning and Analysis (FP and A) at ENGIE Energy Access, 2024

Overview

Job Title: FINANCE MANAGER, FINANCIAL PLANNING AND ANALYSIS (FP&A)

Job Department: Finance and Admin.

Answer to: Head of Finance.

Present location: Tanzania.

Occupational Grade: 16.

 

ENGIE Energy Access’s background:

The top supplier of mini-grid and pay-as-you-go (PAYGo) solutions in Africa is ENGIE Energy Access. The business creates cutting-edge off-grid solar solutions for residences, commercial buildings, and public spaces, giving clients and distribution partners access to inexpensive, clean energy. Pay-as-you-go solar household systems can be financed with low daily installments as low as $0.19, and mini-grids encourage economic growth by allowing the productive use of electricity and creating commercial opportunities for rural community entrepreneurs. By 2025, ENGIE Energy Access hopes to have impacted 20 million lives throughout Africa, with over 1,800 employees, operations in nine African countries (Benin, Côte d’Ivoire, Kenya, Mozambique, Nigeria, Rwanda, Tanzania, Uganda, and Zambia), over 1.9 million customers, and over 9 million lives already impacted.

The website Engie-energyaccess.com

www.engie-africa.com on LinkedIn

Work Objective:

• In coordination with the accounting team, accountable for the examination of ENGIE Mobisol UK LTD’s national financial statements and distribution of the profit and loss for the departments and country offices concerning credit and product.
• In charge of putting essential procedures and structures in place to ensure thorough financial monitoring of ENGIE Mobisol UK LTD so that choices about company can be made with knowledge.

Accountabilities:

• Budget, financial model, and management over the budget.
• Management of the national business planning and budgeting procedures in close coordination with the national management team and cost controller (HQ).
• Supplying the department/area manager, senior management, and managing director with information regarding costs from the past, present, and future.
• Creating validation and variance analyses, as well as actual vs plan comparisons for each country’s cost centers on a monthly, quarterly, annual, and ad hoc basis as needed.
• Controlling interfaces in the headquarters work closely with controlling structures and processes to be implemented and improved.
• Find ways to streamline operations that call for internal controls, then suggest and create suggested modifications to policies or procedures to meet internal control needs.
• Monitoring departmental or area unit performance against the plan, consulting with management on business choices, and providing support.
• Funding and the Treasury.
• Oversee the quarterly cash flow forecast and the weekly cash flow report.
• To get ready for stock funding, regularly communicate with the supply chain team to comprehend their 12-month forward prediction.
• Provide the Head of Finance with advice on responsible cash flow management and cash planning while collaborating with the Accounting team to create and suggest payment plans for weekly and monthly cash flow.
• Costing.
• Oversee pricing tools, making sure they are current and that all requirements for a standard price are satisfied.
• Give management regular updates on the profitability of the products.
• Collaborate closely with the teams responsible for product, marketing, and sales to comprehend business requirements that could influence or be driven by the cost and profitability of a product.
• Check the validity of any offers from the company that can directly affect the profitability of the unit, such as commissions, freebies, promotions, bonuses, etc.
• To make sure that unit profitability is maintained, regularly check the weighted average inventory cost and the product’s landing cost.
• Assist the credit team in keeping them informed about defaulters’ contributions to the Customer Finance unit and the cost of portfolio management.
• Dashboards for KPIs and reporting.
• Department KPIs, performance evaluations in relation to KPIs, and associated internal and external reporting are reviewed and reported on a regular basis.
• Evaluating cost-effectiveness and making recommendations to the department/area manager, the zonal unit, and its senior management regarding modified key performance indicators based on this research.
• Preparing and carrying out financial information users’ training, as well as supporting the coaching of the accounting team on cost center.
• Oversee the business intelligence team to guarantee the timely and accurate sharing of all business reports and dashboards, as well as the quality of the data behind the reports.
• Make sure employees are aware of how their responsibilities fit into Engie’s overall plan.
• Make sure your department’s line managers are enforcing performance penalties, such as rewarding top performers and occasionally providing both formal and informal feedback to underperformers.
• External Partners: Powerconer & Mobialpha.
• Collaborate with the remaining members of the financial team to guarantee the seamless operation of the external partner’s entire financial function.
• Handle communications between stakeholders and service providers and outside partners.
• Carrying out any additional tasks that the line manager may designate.

We at EEA have very high standards for our managers. Every manager has a crucial part to play in making sure that everyone on our team, including our customers, has an amazing experience. Our managers foster growth for their direct reports and assist EEA achieve its lofty objectives all the while honing their own leadership abilities.

It is our opinion that exceptional managers:

• Achieve ambitious goals: As a highly effective and responsible leader, you foster an atmosphere that encourages decisive action and effective action, both of which are necessary for the achievement of results.
• Behaving honorably means being frank, courteous, impartial, and open as a leader. A foundation of transparency and trust is what you establish and grow upon.
• Motivate and guide the group: As an exemplary leader, you exemplify your words. With humility and confidence, you guide and empower your group.
• Are accessible: By being personable and paying attention, an accessible leader creates and preserves strong bonds with stakeholders.
• Promote inclusivity and diversity: As an inclusive leader, you promote inclusivity and a feeling of community.

Skills and Knowledge.

Experience

• Five or more years of experience at a medium-sized company in relevant finance and operational management.
• An additional advantage is prior managing experience.
• Aptitude and enthusiasm for training and coaching.
• Strong organizational and planning skills.
• Outstanding verbal communication abilities with stakeholders.
• Outstanding abilities in presentations.

Qualifications:

• A degree in accounting, finance, or business administration, or something similar.
• A bonus is having CIMA, CPA, or CFA certification.

Language or languages:

• Proficient in both Swahili and English, along with outstanding oral communication abilities.Technology:
• Competent with Microsoft 365/Office Suite applications and computer knowledgeable.
• Basic knowledge of database terms and procedures, such as those for Tableau, PowerBI, and MySQL.
• A basic understanding of the business model for the solar home system and its important infrastructures, such as the EVS and mobile money collection infrastructure.

We appreciate your interest in applying, however please be aware that only those who have been shortlisted will be contacted due to the volume of submissions we receive.

ENGIE is an equal opportunity company that is dedicated to fostering diversity and a welcoming atmosphere for all. Without regard to origin, age, name, sexual identity, orientation or preference, religion, marital status, health, disability, political opinions, union involvement, or citizenship, all applications are assessed based on business needs, job requirements, and individual qualifications. Our uniqueness is what makes us powerful!