Company Description

PowerGen Renewable Energy is a micro-grid developer, implementer, and operator in East and West Africa, reshaping the prevailing rural electrification model in the region. PowerGen is creating an African energy system that utilizes clean, renewable energy and smarter grids to deliver power to all.

Job Description

Activities:

1. Accounting, Reporting & Auditing:

• Maintain the monthly cash flow forecast file for the company to ensure that cash is available for operations for at least 12 months

• Ensure that strong internal controls exist and are followed over the company's cash, inventory and fixed assets. Internal controls include but are not limited to preparing reconciliations between the amounts held on mobile money vs amounts on the general ledger, preparing and reviewing with the financial controller monthly balance sheet account reconciliations, verifying the reconciliation between physical Inventory and ERP inventory values and ensuring the Fixed asset register is accurate

• Ensure to obtain a finance scorecard score of at least 90% each month

• Post all Kenya, DRC and Germany transactions in the ERP by the 5th of every month recommending further courses of action

• Recognition of revenue generated from electricity sales and other sources in accordance with IFRS

• Every month report on the Kenya electricity revenue assurance performance of the Kenya business i.e comparison between electricity paid for versus electricity delivered, circulate the report to the CFO, COO, Chief of utility operations and Financial Controller/Head of Finance by the 10th of every month

• Maintaining fixed assets register ensuring that assets are properly recognized and depreciation calculated appropriately

• Ensure intercompany accounts between Kenya and the other entities reconcile monthly

• Manage the Kenya Audit and ensure we obtain an unqualified opinion by the agreed due dates

• Implement the Management letter recommendations as advised by the External Auditors

1. Tax & Regulatory Compliance

• Prepare and verify that tax filings VAT, withholding taxes, withholding VAT calculations, corporate income tax are accurate and are filed before the statutory due dates

• Ensure 100% tax compliance with the relevant regulators and become an expert in local tax law to ensure optimal planning

• Serve as lead liaison with KRA

• Ensure Kenya business is compliant with regulatory filings such as the corporate annual return and ensure all investments through share capital are properly registered at the registrar of companies

1. Analysis and Process Improvement

• Identify opportunities for continuous improvement in areas of responsibility

• Collaborate on working groups and committees as requested

• Conduct reviews and evaluation for cost-reduction opportunities

1. Payables Management

• Process Kenya payments and work with the finance and supply chain teams to improve controls around the procure-to-pay process

1. Receivables Management

• Raise customer invoices as per the contractual terms

• Liaise with the various team leads/project managers to ensure customers make timely payments.

Qualifications

You Already Have:

A CPA or ACCA or other recognised accounting qualification in addition to a Commercial degree

5 plus years of relevant professional experience in an accountant

A record of previous relevant accomplishments in previous roles

Additional Information

Benefits and Compensation:

A competitive package including annual compensation, performance bonuses, health insurance, professional development and team building events. And you'll be working with a dynamic team of people passionate about electrifying East Africa!