• VP Finance/CFO at BURN Manufacturing Co

  • Posted on: 17 July, 2017 Deadline: Not Specified
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    BURN designs, manufactures, and distributes aspirational fuel-efficient cooking products that save lives and forests in the developing world.BURN has revolutionized the global cookstove sector by proving the business case for selling a high quality, locally manufactured and unsubsidized cookstoves.Since 2013, BURN has sold 200,000+ high quality, locally manufactured and unsubsidized jikokoas ™ stoves in East Africa. These stoves have helped 1,000,000+ beneficiaries save $39 million in fuel expenditures and 626,221 tons of wood while reducing indoor air pollution by 65%. BURN currently sells ~10,000 stoves per month and intend to double sales by the end of 2017.

    VP Finance/CFO


    As part of our lean 5-person senior management team – and as one of the closest advisors to the CEO and global leadership team – you will play a key role in shaping the future of our organization as it grows from our current manufacturing hub in Kenya to multiple hubs across Sub-Saharan Africa.

    You will oversee the company's financial systems, fundraising and investor relations with the following specific responsibilities:

    Strategy & Planning:

    • Assist in formulating the company's growth strategy and supporting related tactical initiatives
    • Monitor and direct the implementation of financial elements of business plans
    • Develop financial and tax strategies
    • Lead budgeting, forecasting, and financial modeling efforts
    • Manage the annual budgeting processes and quarterly forecasts
    • Develop performance measures that support the company's strategic direction
    • Work with tax consultants to develop strategies for expansion and intercompany relationships


    • Leadership of the Kenya Finance Department and, as they are launched, leadership of BURN finance teams across Sub-Saharan Africa
    • Participate in key decisions as a member of the executive management team
    • Provide strategic direction and oversight on the accounting and financial day to day operations ensuring that processes are robust and being executed correctly by the team.
    • Carry out periodic reviews of the financial operations and linkages with other departments and recommend and implement changes and improvement.
    • Establish and maintain scalable financial systems, processes and policies

    Financial Reporting

    • Review all month end reporting from finance managers and oversee the issuance of financial information
    • Create reporting formats that are appropriate and specific for each set of key stakeholders (i.e. BoD, lenders, equity investors, other third parties)
    • Present financial information and new strategic plans and progress on ongoing projects to the board of directors

    Compliance & Risk Management:

    • Create, and regularly update, a risk profile for the company
    • Understand and work with finance managers to mitigate key elements of the company's risk profile
    • Construct and monitor reliable financial controls
    • Ensure that the company complies with all legal and regulatory requirements and all required audits and tax returns are completed and filed timely
    • Report risk issues that are identified to the board of directors
    • Investigate any findings and recommendations that come from audit reports, or other reviews carried out by third parties

    Treasury Management

    • Monitor cash balances and cash forecasts
    • Analyze working capital needs of the company and work with third parties to secure facilities
    • Work with department managers on preparing monthly cash flows and feeding these back into detailed cash flow projections to provide real-time information


    • Ensure that the company has appropriate capital structure and sufficient funds to achieve its goals
    • Maintain relationships with local and international lenders
    • lead international debt and equity fundraising efforts, managing process for the preparation of IM to disbursement
    • initiate in-country fundraising efforts for debt from local banks
    • Represent the company with investment advisers and investors

    HR, IT and Legal

    • If appropriate, the candidate may take over management of the HR, IT and/or Compliance Departments

    Qualifications and Competencies


    • 3-year Finance experience outside East Africa
    • Bachelor degree specializing in Finance or Accounting
    • Strong leadership and management skills
    • Proven financial and treasury management skills
    • High level of oral and written communication skills
    • Demonstrable experience in leading organizations to profitability
    • Working knowledge of accounting systems
    • Fluency in English


    • MBA
    • CPA
    • 3+ years Africa or frontier-market experience
    • 3+ years of progressively responsible experience in a Finance Department
    • Start-up experience
    • Corporate structure experience





    Method of Application

    Apply by sending CV and cover letter to careers@burnmfg.com and state clearly where you saw the advertisement.

    Have you ever wondered what people doing similar jobs in different companies and industries earn? Contribute anonymously to Kenya's No. 1 Salary Database. Join MySalaryScale.
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