Finance Officer at Sollys Energy

Sollys Energy is a Malawian for-profit company that is on a mission to end energy poverty in Malawi by making quality solar appliances affordable and accessible to households and businesses in Malawi’s semi-urban and rural off-grid areas. We distribute VeraSol-Certified solar lanterns and solar home systems using a network of local sales agents, enabling customers to pay flexibly over a period of time using Pay-As-You-Go technology. We also design and install solar-powered backup systems for urban individuals and organizations.

Since August 2020, we have reached 500+ households with our products and plan to expand to reach 1000+ households by the end of 2025. We have created 3 full-time staff and 50 part-time sales agent positions, and all our staff and sales agents are below the age of 35. In 2024, Sollys Energy entered into a partnership with the Ministry of Energy in Malawi to scale the distribution of solar home systems to more households in rural Malawi. With support from The World Bank through a grant from the Malawi Off-Grid Market Development Fund (Ngwee Ngwee Ngwee Fund), Sollys Energy aims to connect an additional 1,000 households by June 2025.

Sollys Energy is seeking to hire a Finance Officer, reporting to the Chief Executive Officer. The ideal candidate is a proactive, results-oriented, hands-on, and detail-oriented individual who will support the company’s strategies for growth and oversee the relevant companies’ financial records and account personnel. Also responsible for managing the company’s external reporting to investors, technical accounting, internal financial reporting, project/operational reporting, coordination with external consultants, internal controls, and the tax function.

The ideal candidate will be based in Lilongwe, Malawi at Sollys Energy HQ.

JOB DESCRIPTION

Financial Reporting & Statements

• Ownership and preparation of consolidated and stand-alone financial statements for the company.
• Ensure that financial reporting and policies are maintained in accordance with IFRS.
• Transforming financial reports under various currencies to USD
• Manage the preparation of management reporting to investors and report actual results compared to budget on a monthly, quarterly, and annual basis
• Ensure timely and accurate preparation of budget v/s actual and prior period v/s current period
  variance analysis with reasonable reasoning for significant variations.

Audit Process & Compliance

• Work with the external auditors in helping to define the scope and requirements of audits with
  responsibility of timely initiation and completion of the audit process.

Accounting & Process Managementwww.sollysenergy.co.mw

• Ownership of the accounting process of the group
• Gradually automating routine tasks in a systematic manner with built-in controls.
• Preparation of various types of reconciliation and variance analysis on a monthly basis.

Tax Compliance & Management

• Ownership of tax compliance for the company and proper handling of all tax-related matters,
  including tax inquiries, disputes, and audits.
• Ensure the timely and accurate submission of tax returns (both direct taxes and indirect taxes) by the due time as per the taxation framework.
• Ensure timely and accurate payment of direct and indirect taxes by the due time as per the taxation framework.
• Maintaining good relations with tax consultants.

QUALIFICATIONS

• Bachelor of Accounting or ACCA with 4 years or more post-qualification industry (financial reporting and taxation) or external audit experience, most of which must be industry. Expertise in accounting and financial reporting standards (FRS) and hands-on experience in its implementation
• Expertise in dealing with tax matters and handling day-to-day tax affairs.
• Ability to conduct research relating to compliance, taxation, reporting, audit requirements in various ountries and on other areas as and when required
• Very good communication skills
• Requires capability of problem-solving and decision-making in a cost-effective and innovative
  manner.
• Exposure to deal with foreign stakeholders.
• Accurate reporting and analysis, detail-oriented, strong leadership and management skills, savvy and up to date on tax and finance, laws and regulations, and comfortable with requisite accounting and bookkeeping software.

Method Of Application

Interested candidates should send their CVs with three (3) traceable referees to
[email protected] clearly mentioning the position (i.e. “Finance Officer”) in the subject line.

Deadline: Friday, 20th December 2024 05:00 PM CAT

Only shortlisted candidates will be contacted