Senior Manager – Financial Planning & Analysis at Husk Power Systems

Husk Power Systems is seeking a Senior Manager for Financial Planning & Analysis in Kafanchan, Nigeria. The role involves developing strategic financial plans, managing budgets, conducting financial analysis, and interfacing with external consultants and auditors. The position requires expertise in cost management, financial modeling, and risk assessment, reporting to the Global CFO and Country Director. The ideal candidate should be passionate about addressing Nigeria's energy access challenges.
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Company: Location: Nigeria
State: Job type: Full-Time Job category: Husk Power Systems (“Husk”) is an award-winning clean energy company serving rural India and Sub-Saharan Africa. In 2023, it was named “World’s Best Challenger Brand” in the energy industry and is a 3-time Global Cleantech 100 company. The company’s AI-powered rural energy platform provides 24/7 renewable power to rural households, commercial customers, institutions, and small factories.


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Position Below Job Title: Senior Manager – Financial Planning & Analysis Location: Abuja Employment Type: Full-time Reports to: Global Chief Financial Officer Role Summary We are looking for a Senior Manager, Financial Planning and Analysis to join its Finance Team, with responsibility for developing and maintaining a strategic financial plan and annual operating and capital budgets, financial analysis, acquisitions and business development, revenue management, and preparation of the financial statements, in accordance with financial techniques appropriate to the energy sector, decision support and cost accounting of the organization. This role involves direct interface with external consultants, external auditors, banks, and regulators such as NERC, FIRS, etc.


This role reports to the Global Chief Financial Officer (CFO) with a matrix reporting to the Country Director The individual should also be passionate about contributing to solving one of Nigeria’s most critical challenges – the energy access deficit.


General Key Responsibilities
Evaluating the company’s current assets and investments, working capital, calculating return on investment (ROI), and suggesting alternative ways the company might utilize its cash flows.


Gauging the company’s overall financial health, primarily by using key financial ratios.


Risk Management from a business, process & controls, credit, regulatory and forex perspective.


Examining and evaluating the cost-efficiency of each department of the company, considering what percentage of the company’s financial resources each department consumes.


Adept at Cost Management with an intent to improve margins and efficiency.


Hands on with costing evaluation and techniques.


Working with individual departments to prepare budgets and consolidate them into one overall corporate budget.


Preparing internal reports and dashboards for executive leadership and supporting their decision-making.


Creating, updating, and maintaining financial models and detailed forecasts of the company’s future operations.


Preparing financial models to evaluate new projects and business opportunities.


Comparing historical results against budgets and forecasts and performing variance analysis to explain differences in performance and make improvements going forward.


Considering opportunities for the company to expand or grow. Mapping outgrowth plans, including capital budgeting.


Generating three- to five-year financial forecasts including Balance sheet and cash flows.


Other related tasks and projects as requested. Accounting, Reporting & Auditing Coordinate all monthly and annual financial processes for the local entity.


Liaise with external financial consultants, ensuring adherence to all agreed timelines on deliverables (monthly accounting calendar), checking reconciliations, accurate recording in ledger and comprehensive and clear filing of all records and supporting documents.


Ensures that all balance sheet accounts are reconciled monthly, and a system of internal controls is in place and followed to facilitate a clean audit opinion with no audit adjustments or internal control deficiencies noted. i.e., of internal controls, verifying the month end cash counts, reviewing monthly account reconciliations for balance sheet accounts, verifying the reconciliation between physical Inventory and ERP inventory values and ensuring the Fixed asset register is accurate.


Identify new metrics to drive business performance relative to strategic priorities while minimizing risk.


Develop strategies to increase cash flow forecast with the Country Director to ensure availability of cash annually.


Serve as lead liaison with banks, negotiating minimum costs on transactions and FX.


Produce monthly financial reports and interpret financial information to managerial staff while recommending further courses of action.


Ensure supporting documents to grantors/financiers and other strategic partners are maintained and available as requested.


Responsible for overseeing the end of year annual external audit and ensuring findings from the audit management letter are addressed.


Provide support to business heads in implementing financial plans and productivity be