Position: Finance & Admin Manager

Location: Luanda Angola

Duration: 12 Months then Permanent Position

Status: Resident

Roles & Responsibilities:

• Responsible for all finance and administration related functions and activities of the project company(ies).
• Ensures the proper administration of financial affairs in compliance with The Company, international, local financial standards and  commercial/financial requirements of the project documents.
• Oversees the billing and collection coordination function.
• Provides analysis and reporting of project company performance, compliance, tax, insurance, budget, internal control and risk management.
• Reviews and analyses all contracts and ensures appropriate accounting work is completed. Manages and coordinates the appropriate purchase orders in the system. Is in close contact with the plant team to understand progress in the project activities and supports invoice and contract disputes where applicable. Ensures all project costs are reconciled and recorded for month-end activities. Interprets events and activities from a financial perspective (daily, monthly, quarterly, and annually).
• Participates in negotiating and drafting term sheets, purchase agreements, and financing documents, if required.
• Monitors project costs and compares against the plan. Provides frequent feedback to operations. Provides regular updates to the MD, board members and shareholders including preparation of management presentations. Coordinate and report major deviations and highlight potential areas for improvement.
• Ensures all imports of goods and or services are processed timeously in compliance with all regulations.
• Manages the bank accounts. Ensures the reconciliation between the accounting books and bank accounts. Manages with MD the short and medium term treasury.
• Optimises the foreign exchange risks and manages the processes related to exchange control.
• Manages and optimises in collaboration with MD, Project Execution Manager (PEM = construction manager), O&M manager the insurances subscription and claims.
• Leads all financial planning activities with respect to monthly, quarterly and yearly forecasts.
• Manages the financial auditors, solves and closes the findings
• Conducts the tax return declarations and recoveries.
• Maintains financial and accounting controls and oversee adherence to project company policies.
• Administers hiring and purchase decisions made by the MD, PEM and O&M Manager with the support of A&C Countries.
• Monitor risk management activities, including administration of insurance policies, in consultation with the project company Managing Director (MD). Prepare progress reports to the Board of Directors (BOD).
• In preparation for each meeting of the project company’s BOD, he/she prepares, at a minimum, the following information:
• Quarterly project cost and sources of finance analysis of expenditures and cash flows comparing actuals with budget / base case financial model parameters.
• A forecast of expenditures.
• In case of any requirement of any expenditure not included in the base case financial model - a detailed note shall be prepared for the Board for approval of such expenditure.
• Attends BOD meetings to support the MD in providing any clarifications necessary to the financial reports and to respond to questions from the directors.
• Maintains relationships with the project company shareholders, banks, lenders and advisors.
• Supporting the MD in planning, implementation, managing and running of all the finance activities of a company, including business planning, budgeting, forecasting and negotiations.
• Setting up the financial policies and procedures for new businesses to ensure compliance, risk mitigation and fiscal health of the business. 

Qualifications:

• At least 3 to 5 years of accounting, finance experience, financial modelling.
• Possess a master’s degree in finance, accounting, business or equivalent (CPA / CA/ ACCA) from an accredited university.
• Must be familiar with energy financing structures. He/She should be able to manage personnel performing audits and similar reporting requirements.
• Experience working with O&M companies preferred, but not required.
• IFRS knowledge and demonstrated financial/business analysis/cost control skills.
• Knowledge of ERP (SAP…)
• Exposure to power generation sector.
• Fluency in Portuguese and English with strong written and oral communication skills.
• Strong presentation and negotiation skills.
• Capable of understanding and communicating complex financial issues in a timely, concise, and objective manner.
• Excellent ability to analyse and recommend solutions to a variety of difficult situations and problems.
• Strong computer skills, including spreadsheet and database applications.

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