• VP Finance/Chief Financial Officer at BURN - Collaboration for Talent

  • Posted on: 10 August, 2017 Deadline: Not Specified
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  • We are at a historic moment of change. Given the unprecedented scale, scope and speed of change, there's an urgent imperative to collaborate to solve the world's most complex challenges. Collaboration for Talent (CfT) aims to change the way we hire, advocate and network to achieve social impact . War for talent is over if you want it. With over 70% employee disengaged, 50% of new hires failing, and network inequality growing, we need both a mindset shift and a new marketplace for talent. CfT is a talent care system to help changemakers realize their full potential. By staying centered on the needs of talent, and collaborating for the good of all, we can unlock hidden value and accelerate social innovation. In partnership with Linkedin and Jobvite, a consortium of leading social impact accelerators joined together to start an inclusive community of practice. By repurposing enterprise social apps (Referrals, Elevate, Jobvite) for multi-organization use, CfT tears down the walls between employees/non-employees, networks, organizations and sectors. As a result, we created the world's first social-collaboration talent platform to enable: 1) Employee referrals without borders. Refer 1st degree Linkedin connections for any member published social sector economic opportunity 2) Cross-sector employee advocacy: Support any social sector organization and goal by sharing peer-to-peer curated content across Twitter, Facebook and Linkedin. Inform, educate and engage the global workforce about amazing social impact opportunities for today and compelling stories, ideas and newly invented jobs for our future. 3) Networking for Purpose: Leveraging technology, advocacy, and data to help members build inclusive, diverse social networks to ensure the talent pool is as representative as possible. We will publish our results and share learnings to realize our vision of ending network inequality and equal access to changemaker opportunities.
     

    VP Finance/Chief Financial Officer

     

    You, as our ideal VP Finance/CFO candidate, are someone who cares deeply about BURN’s mission. You have deep financial and management expertise and are excited about being hands-on, without getting lost in the weeds. You are a problem-solver, a direct and candid communicator, and a thoughtful change agent. You are a natural manager, able to guide our financial strategy and management while working in a complex, constantly changing and resource-constrained environment. You are able to provide clear, consistent financial leadership to inspire excellence with your team, building a sense of shared values and goals.

    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

    Operations

    • 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

    Fundraising

    • 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

    Required

    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

    Preferred

    • 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

    Compensation: To be Discussed

    Method of Application

    Interested and qualified? Go to Collaboration for Talent career website on jobs.jobvite.com to apply

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