Summary
Date Posted: Friday, September 03, 2021 , Base Salary: Not Disclosed

JOB DETAILS:
Financial Analyst

ABOUT US
Our goal at Pawame is to support limitless opportunity through a foundation of safe, reliable, and affordable solar energy. With so many African communities lacking access to power, participating in the modern digital world can be challenging and laborious. The Pawame team provides the energy-driven tools these communities and individuals need to become successful students, entrepreneurs, and global citizens. We like to think of ourselves as an electric foundation, and our team is what makes that possible.
Women are highly encouraged to apply.

ABOUT THE ROLE
For Pawame to make evidence-based business decisions, we must understand any risk the business may be exposed to, our financial condition, and the trends that might impact the organization. The Financial Analyst will turn that information into actionable intelligence that the CEO, Finance Director and the management can use to make decisions.

The Financial Analyst must be detail-oriented and strategically minded. The individual’s responsibilities will include assisting with financial planning and budgeting processes, analyzing financial statements and reports, developing financial models, preparing projections, and performing research and analysis in support of the senior leadership decision making.

KEY ACTIVITIES AND RESPONSIBILITIES OF THE ROLE
Financial Planning & Analysis
• Develop, maintain and control a detailed corporate financial model.
• Conduct business studies on past, future and comparative performance and develop forecast models.
• Consolidate and analyze financial data (budgets, income statement forecasts etc.) taking into account the company's goals and financial standing. Maintain alignment between the financial model and the business plan and budgets.
• Provide creative alternatives and recommendations to reduce costs and improve financial performance
• Advise the Finance Director on, and drive implementation of, business and financial strategies to aggressively drive profitability and optimal financial performance.
• Effectively identify, communicate and support in managing potential future risks.
• Works closely with product development, marketing, new business development, and other project teams in evaluating the viability of moving to new markets, introducing new products and setting up new systems.
Provide informed financial data in all aspects of investment portfolios to ensure profitability
• Analyze & monitor the impact and financial performance of existing investments including those of products, process enhancements, campaigns and geographical expansions.
• Prepare monthly profitability reports to provide more analysis of the business revenue, cost centers and investments.
Business planning & analysis
• Control and evaluation of monthly operational and capital expenditure to ensure business plan objectives are met.
• Perform analytical assignments on business cases developed by various departments to assess the financial impact of their investment and budgetary decisions against the financial performance of the business.
• Preparation of periodic (Daily, Monthly & Quarterly) reports to enable management to evaluate performance and take appropriate action.
• Conduct budgeting trends and variance analysis.
Ensure compliance with external stakeholders
• Create regular reports on financial and other covenants as required under the external obligations of the Company.
• Oversee, together with internal finance team, the adherence of various processes to ensure integrity of reports and data and issue early warnings to the Finance Director/other Senior team members on the foreseeable compliance issues.

KEY CROSS-FUNCTIONAL RELATIONSHIP & INTERFACES
Corporate Development
• Working with the Corporate Development team in the analysis and closing of project finance transactions, including term sheet development, negotiation and assisting in due diligence processes.
Procurement & Supply Chain
• Work with the Procurement & Supply Chain team in creating boundaries for new product negotiations.
Portfolio Management
• Support in setting forth policies on customer qualification, re-financing and other aspects of portfolio health management.
Sales & Field Operations
• Give estimations of how many sales are needed in order to generate revenue or break even.

Requirements
Required Education & Certifications
• Bachelor’s degree in Business Administration, Finance, Accounting or equivalent business experience

Preferred Education
Master’s degree in Business Administration, Finance or Accounting.
Required Experience
• 2 years of progressive responsibility and track record of success working as a financial analyst in a major company, financial institution and/or accounting firm.
• Good experience partnering with cross functional executive teams.

Preferred Experience
• 3 years of progressive responsibility and track record of success working as a financial analyst in a major company, financial institution and/or accounting firm.
• Good experience partnering with cross functional executive teams.

Technical Requirements
• Financial acumen: Expert in the understanding and application of theoretical and practical approaches to finance and financial management.
• Analytical ability: Demonstrate the ability to analyze financial data/reports and produce actionable insights that drive business performance generally and in specific problem areas.
• Conceptual Thinking: Ability to analyze hypothetical situations or abstract concepts to compile insights and apply them to give suggestions.
• Ability to think strategically, i.e.:
o To think about a complex system in a holistic, integrated fashion.
o To link strategy to implementation and develop strategically-focused plans.
• Business strategy and planning skills.
• Ability to bring structure to unstructured problems or situations.
• Strong general management skills.
• Advanced experience in excel & preferably with ability to work with Xero.
• English fluency.
• High proficiency in financial modelling.
• Strong quantitative and analytical competency.

Behavioral Requirements
• Leadership: Proficient leadership skills and ability to motivate diverse cross-functional teams without having direct authority over them.
• Organization: Strong organizational skills with structured, systematic approach to financial and business management, an eye for detail and dependability with a strong sense of accountability.
• Entrepreneurship: Energetic self-starter who demonstrates strong resourcefulness and personal initiative. Requires little hand-holding to deliver complex tasks. High level of energy and motivation
• Communication: Strong oral and written communication skills. Comfortable presenting to senior management and large groups.
• Flexibility: Adaptable and comfortable in fast-changing start-up environment. Comfortable in uncertain and/or ambiguous situations. Fast learner. Willing to contribute in areas beyond formal job description.
• Cross-cultural skills: Ability to operate effectively in a cross-cultural environment.
• Uncompromising integrity.

Benefits
• Healthcare Insurance.
• Paid time off.
• Middle management training programs.
• Flexible working conditions.
• Subsidized meals at the Pawame Headquarters.
• Our values guide our work, and as a PawaTeam member, you're expected to work with integrity, discipline and drive to serve our customers and build our community. Everyone from our interns to the founders contributes to our success in different ways and have meaningful opportunities to grow and learn in the company.
• With community being one of Pawame’s core values we foster an inclusive, collaborative culture that treats every individual with respect. Pawame welcomes applications for this position from all qualified applicants with pre-existing Kenyan work authorization. Women are especially encouraged to apply.

Work Hours: 8

Experience in Months: 24

Level of Education: Postgraduate Degree

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