Financial Controller – Yellow Door Energy

Title Financial Controller
Reporting CFO
Location Dubai, UAE
Job Type Unlimited
Start Date May 3, 2020

ABOUT YELLOW DOOR ENERGY

Yellow Door Energy is the leading sustainable energy partner for businesses, serving commercial and industrial customers in the Middle East and South Asia. The company’s solar and energy efficiency solutions enable businesses to reduce energy costs, improve power reliability and lower carbon emissions. Yellow Door Energy recently raised $65 million from global investors IFC, Mitsui, Equinor, APICORP and Adenium: www.yellowdoorenergy.com

JOB DESCRIPTION

Yellow Door Energy is looking for an experienced Financial Controller to join our team and support the company’s operations and growth. The ideal candidate will be excited about bringing clean energy solutions to businesses in the region. She/he will report to the CFO and will work closely with all teams across the organization. The Financial Controller role is accountable for the accounting and tax operations of the company, including the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company’s reported financial results, and ensure that reported results comply with international financial reporting standards. The role will manage the accounting, tax and reporting teams in each of the company’s foreign subsidiaries (currently in Pakistan, Jordan, Egypt, and expanding to other countries) and the UAE team, which also manages the head office functions.

 

JOB RESPONSIBILITIES

Accounting Transactions and Controls

  • Maintain and enforce a documented system of accounting policies and procedures
  • Oversee the design of an organizational structure adequate for achieving the accounting departments’ goals and objectives
  • Oversee the accounting operations of subsidiaries, especially their control systems, transactionprocessing operations, and policies and procedures (payables, billing, collections, banking, debt payments and covenant monitoring)
  • Optimize the use of the ERP system (Oracle NetSuite), researching and implementing process improvements for financial transactions

Planning and Reporting

  • Coordinate the preparation of timely, accurate and complete financial reports in line with the company’s reporting requirements (e.g. monthly P&L, budget to actual variances, receivables aging, lender and shareholder reports)
  • Recommend benchmarks against which to measure the performance of company operations, and calculate and issue financial and operating metrics
  • Manage the production of a rolling monthly forecast, annual departmental budgets, annual companywide budget and three-year forecast
  • Manage the implementation of the Financial Planning and Reporting module in Netsuite
  • Provide financial analyses as needed (e.g. for capital investments, pricing decisions, and contract negotiations)

Compliance

  • Coordinate the provision of information to external auditors for the annual audit
  • Monitor debt levels and compliance with debt covenants
  • Comply with local, state, and federal government reporting requirements and tax filings Functional Skills
  • Mastery in capital and operational budgeting and forecasting
  • Advanced understanding and application of IFRS; a CPA or CA designation is required
  • Advanced understanding of tax structuring and compliance matters
  • Good understanding of banking instruments, including structured debt products
  • Experience in managing ERP system implementation

Leadership Skills

  • An open and transparent communication and work style, always seeking feedback and alignment with others before making decisions
  • Business intimacy and seen as a partner to the leadership and commercial teams
  • Capacity for high-level discussions with the head office management team
  • A critical and strategic mindset, able to understand broader business issues
  • Ability to influence and work through others without having direct reporting lines of authority
  • Self-organized, able to prioritize and perform with limited supervision
  • Strong collaborative team player attitude and keen eye for detail The Successful candidate will have:
  • All the above leadership and functional skills
  • University Bachelor’s degree in business, accounting, finance, or a related field
  • A minimum of 5 years of experience in a managerial role, including managing staff
  • Experience in a big 4 firm
  • Financial/numerical orientation, with high attention to quality and detail
  • Professional level of written and verbal fluency in English, as well as excellent communication and presentation skills

 

WE…

  • Provide a competitive compensation and benefits package, challenging projects, fun working environment with great colleagues \
  • Have a passion for improving the environment and helping businesses grow in a sustainable manner
  • Work hard because we believe in what we’re doing
  • Believe in the power of positive energy, self-awareness, intellectual honesty and empathy
  • Enjoy growth phase businesses where we can have a strong impact on its direction

 

HOW TO APPLY Please email your letter of motivation and updated CV to [email protected] by 16 April 2020 with the subject title “Financial Controller – Dubai”. We thank all candidates for their interest in Yellow Door Energy. Only shortlisted candidates will be contacted.