Finance Manager

Finance – Nairobi, Kenya
Department Finance
Employment Type Full-Time
Minimum Experience Experienced

Job:   Finance Manager
Location: Based in Nairobi

Company: icolo.io has been established with the vision of building a Pan African network of Colocation Data Centers. icolo.io will build and operate a state of the art, (Tier 3), vendor and carrier neutral data center to serve a broad spectrum of clients - telecom carriers, ISPs and peering points, IT and cloud providers, content providers and corporates. The company will create a highly connected data centre hub in their countries of operations. It will differentiate itself from providers of hosting services by being the first independent data center business to focus solely on co-location services (space, power availability licenses and physical interconnects). It is icolo.io’s objective to be the largest independent colocation data center operator in Africa over the next five years.

The Candidate

We are seeking a dynamic Finance Director keen to work in a startup environment and passionate about Africa’s growth, understands technology and wants to be part of a great growth story. This position is a unique leadership role and will be part of the core team that is setting out to build a pan African Data Center colocation business. The Finance Director will collaborate with the CEO to create strategic growth plans, build the Finance Team and raise substantial amounts of equity and working capital needed to achieve our ambitious goals.  Specifically, the key responsibilities will include:

Key Responsibilities

  • Collaborate with the CEO and COO to create strategic growth plans and to raise the equity and working capital needed to implement these plans
  • Lead and work on
  • Structuring equity instruments to raise capital
  • Liaise with large institutional investors to create a pipeline of investors
  • Be able to build and create high quality termsheets and negotiate with potential investors
  • Negotiate with large debtors and banks
  • Coordinate tax and audit filings in each country of operation
  • Maintain banking relationships and monitor accounts
  • Oversee revenue, expenses booking according to globally compliant practices

<!-- [if !supportLists]-->·       <!--[endif]-->Manage financial reporting for investors and the Board of Directors

<!-- [if !supportLists]-->·       <!--[endif]-->Provide clear regular reports to the management team on performance to budget, cash flow projections, and risks

<!-- [if !supportLists]-->·       <!--[endif]-->Drive strategic improvements to global operation, including country-specific tax-efficient structures, transactions between parent and subsidiary, and maintenance of global inventory. 

<!-- [if !supportLists]-->·       <!--[endif]-->Evaluate and engage with advisors as needed

<!-- [if !supportLists]-->·       <!--[endif]-->Participate in risk management and legal activities, including client contracts, partnership agreements, investment papers, compliance, insurance, etc.

<!-- [if !supportLists]-->·       <!--[endif]-->Manage a small team

Required Skills & Experience

<!-- [if !supportLists]-->·       <!--[endif]-->10 years minimum work experience in finance

<!-- [if !supportLists]-->·       <!--[endif]-->Some investment banking, working for big 4 Audit or strategic consulting experience

<!-- [if !supportLists]-->·       <!--[endif]-->Some work experience in a multinational company, preferably with operations in Africa

<!-- [if !supportLists]-->·       <!--[endif]-->Advanced proficiency in accounting software tools, including Quickbooks

<!-- [if !supportLists]-->·       <!--[endif]-->Advanced proficiency in Microsoft Excel and Financial modeling expertise

<!-- [if !supportLists]-->·       <!--[endif]-->Ability to manage a global, multi-cultural team of finance and accounting staff

<!-- [if !supportLists]-->·       <!--[endif]-->Entrepreneurial spirit and collaborative nature, ability and drive to work independently, solution-oriented

<!-- [if !supportLists]-->·       <!--[endif]-->Master's degree in accounting, finance, business administration, or equivalent

Good to have

  • Strong investment banking experience specifically in Mergers and Acquisitions
  • Deep understanding of tax
  • Understand deal structuring from a sell side perspective
  • Demonstrated resourcefulness in proposing new ways of creating efficiencies and navigating global tax structures
  •  Outstanding written and verbal communications skills (English)
  • Self starter and requires no operating manual

Thank You
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  • Location
    Nairobi, Kenya
  • Department
    Finance
  • Employment Type
    Full-Time
  • Minimum Experience
    Experienced
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