Head of Strategic Finance

Posted on February 18th, 2021 | Last day left to apply | 43 views

Job Summary

As Head of Strategic Finance, you will own M-KOPA’s financial forecasting (including both short- and long-range planning) and margin analysis to ensure that M-KOPA’s strategy achieves robust financial performance and that the company maintains progress towards its financial targets.

Responsibilities

  • You will own M-KOPA’s financial planning model and employ the model with the CFO and CEO for cash planning, budgeting, strategy development, and fundraising.
  • Maintain 12-month rolling financial and cash forecast, working cross-functionally to ensure accurate and up-to-date model inputs. Ensure that the forecast clearly communicates progress against targets and makes apparent any actions that need to be taken on cost reduction or fundraising.
  • Use the model to create our annual budget and mid-year reforecasts, working cross-functionally and with the CFO & CEO to develop accurate forecast assumptions that are consistent with M-KOPA’s strategic and financial objectives.
  • Use the model for long-range strategic planning and scenario development.
  • Use the model to drive debt and equity fundraising discussions, working directly with lenders and investors as needed.
  • You will analyse M-KOPA’s margin performance against targets and lead cross-functional working groups to identify and track actions that need to be taken to achieve targets.
  • You will drive ad hoc financial analyses as prioritised with the CFO.

Experience & Skills:
Required:

  • Passion for M-KOPA’s social mission and improving the lives of our customers
  • 5+ years work experience, including previous roles in strategic finance, FP&A, corporate development, banking, or investing
  • Significant experience building dynamic 3-statement financial models in Excel and engaging with junior and senior stakeholders to build effective models, develop accurate model inputs, communicate model outputs, and use the models to forecast business scenarios and make strategic decisions
  • Comfort with accounting principles
  • Excitement about tackling tricky finance questions
  • High motivation and a strong sense of ownership
  • Excellent communication skills (spoken, written, and visual)
  • Low ego and enthusiasm for engaging frequently with a wide range of people
  • Comfort with uncertainty and fast-paced environments

Preferred:

  • Experience living and/or working in East or West Africa
  • Experience with digital financial services and/or alternative lending
  • Experience with debt or equity fundraising

Job Requirements

Required education: Bachelor's degree
Required relevant work experience: 5 years
Required languages:English (Spoken: fluent | Written: fluent)

Mandatory attachments

Please have a scan or photo of these documents ready when you start the application:

Self-prepared CV file- the employer wants to see a CV that you have prepared yourself

M-KOPA is the pioneer and global leader of Connected Asset Financing that offers millions of underbanked customers access to life-enhancing products. Our advanced connected asset financing platform combines digital micropayments and IoT connectivity to offer access to products including solar lighting, televisions, fridges, smartphones, financial services and more. Our mission is to make financing for everyday essentials accessible to customers in Africa and beyond so they can achieve progress in their lives. Through the power of connected devices, we establish a unique and secure relationship with our customers, allowing them instant access to a product whilst building ownership overtime through flexible micro-payments. Through regular payments, customers can unlock access to more products and services to continue their relationship and build their credit history with M-KOPA. To date, M-KOPA has provided nearly $400 million in financing that has enabled over 1 million customers to access solar lighting, energy-efficient televisions and fridges, smartphones, cash loans, and more.
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