About SolarNow:

To tackle this, SolarNow sells quality solar products and suitable appliances ranging from small household systems capable of powering a lights, radio, phone, TV and/or fridge to much larger systems suitable for offices, schools and machinery. Increasingly SolarNow is also catering to the needs of off-grid farmers by providing irrigation solutions.

SolarNow provides credit and service that allows customers to spread payments over 24 months and receive service for 5 years. The company has over 1,000 employees and a network of 50 branches in Uganda and 15 branches in Western Kenya. There are concrete plans to expand within and beyond these territories.

Job Purpose:

Reporting to the CFO, the Reporting and Treasury  Manager will be responsible for supporting the business by providing  information and analysis through  daily, weekly dashboards and reports to assist the business and departments in making value adding operational and strategic business decisions leading to improved performance and cost management including evaluation and design of business management solutions.  Assist with the updating and maintenance of the strategic plan financials

• Preparation of Annual budgets, forecasts and estimates
• Review and monitoring actual performance against plan to include:
• Support the Credit Management Function with the analysis of key credit information
• Revenue and operating expense performance review and management
• Cost, margin selling price Review and Management through appropriate models and KPI’S
• Branch, Segment, product and customer profitability Review and Management
• Individual Entity Performance Review & Management
• Preparation of monthly management fact sheet and reports
• Treasury Management
• Preparation of Investor Reports

Key Responsibilites:

• Updating and Maintenance of Strategic plan financials: Update the strategic plan Financials for any new assumptions and statistics and generate a moving 5-year strategic plan model
• Preparation of annual budgets forecast and estimates: Create and maintain a framework for the annual operating cost and Revenue budget process and manage the process with heads of department and the CFO. Prepare and manage re-forecast and estimates as required with HOD’S and CFO
• Review and monitoring actual performance against plan: Create and maintain a tracking framework to timeously monitor overall company performance against plan with MB and HOD’S throughout the period to facilitate performance improvement interventions
• Revenue and Expense Review and Management: Generate reports for tracking actual versus budget revenue and expenses with KPI’S for productivity, efficiency and profitability for management and hold monthly performance management meetings
• Cost, Margin, selling price by product for review and management: Generate and up-date cost, margin selling price schedules by product for comparison of actual with budget and previous months and recommend price margin adjustments on a monthly basis,
• Branch, Segment and customer profitability Review and Management: Produce and analyze profitability reports by Branch, segment and customer for use by management to drive improved business performance and profitability monthly,
• Credit Management and reporting: To prepare daily credit management reports to monitor performance of funds for cash and credit for review by Treasury manager and Business managers
• Individual Entity Performance Review & Management-Produce and Analyze financial reports for individual entities for MB Review.
• Treasury Management: Ensure proper cash flow and working capital management. Monitor cash collections per fund, through daily cash collection reports with Credit and business teams to ensure capital and interest repayments can be met
• Manage payment process ensuring timeous processing of payments.
• Investor reporting and relationship management – prepare investor reports and manage relationships with investors and banks. Maintain a loan schedule and ensure payment of interest and loan principal as and when they fall due.
• To ensure timely preparation of the monthly FACT Sheet by the 7th of every month

 Experience/Skill Set:
The ideal candidate will have -

• Over 7 years of PQE experience 3 of which must be in a performance management role
• ACCA, CPA and BA in Finance/Accounting
• In depth knowledge in the preparation, understanding and use of key performance management tools
• Ability to lead/manage department heads in meetings
• Very strong spreadsheet modeling excel & accounting and ERP systems knowledge
• Good interpersonal & organization skills & analytical mind and with a keen eye for detail
• Ability to produce Timeous and accurate reports