Finance Manager

JOB DESCRIPTION

Position: Finance Manager

Location: Nairobi

Engagement: Full time

About Pula:

At Pula, we are radically restructuring agricultural insurance, using technology to insure the previously unbanked, uninsured, untapped market of 1.5 billion smallholders worldwide.

We work in over 14 countries across Africa and Asia, and by 2021, we have facilitated crop insurance cover to over 5.3 million farmers across Kenya, India, Rwanda, Uganda, Nigeria, Mali, Senegal, Zambia, Ethiopia, Madagascar, Tanzania, and Malawi. Since raising our Series A our operations have expanded globally including now Asia and Latin America.

Pula is fast-paced, constantly adapting to new opportunities and challenges. We are a high-performance, multi-cultural team. We expect our team to value performance, results and professionalism.

At Pula, we are:

• Obsessed with results: We are responsible for our future and therefore we get things done!
• Connect the Dots: We continuously identify different customer needs & business problems and build solutions that deliver value.
• Have a Can do Attitude! We dare to do things differently to make things work.
• We have each others' back: We look out for each other & we share high quality, timely feedback that makes us better.

What you will be doing:

The Finance Manager:

At Pula we strive to change the markets that we operate in to make the world a better place.

If you are looking to be a traditional Finance Manager, then Pula isn't the place for you. However, if you're looking to push the boundaries of "the conventional" and take strides in changing the lives of smallholder farmers, we look forward to receiving your application!

Who you are:

You will be responsible for:

• Budgeting & Financial Planning: Preparation, supervision and tracking of capital and operational budgets as well as financial analysis, forecasting and modeling.
• Financial reporting - responsible for monthly performance briefs, quarterly management accounts and annual audited accounts as per investor, Donors and other stakeholder requirements.
• Finance Operations: Oversee the finance processes including improving our controls from procurement to payables processes.
• Finance Risk Management : including currency risk management, credit risk management, liquidity risk management, operational risks. development and implementation of the investment policy
• Financial systems infrastructure: Initiation and implementation of internal procedures and controls, including purchasing, payments to suppliers, payroll and expenditure.
• Receivables management: Supervise collection of company debt and maintenance of debt accounts
• Finance Team Management and leadership
• Monitor banking activities of the organization.
• Ensure adequate cash flow to meet the organization's needs including cash flow management, forecasting, and planning.
• Monitor and control expenditure and budgets.
• Monitor and analyze monthly operational results against periods and budget issue reports to management.
• Oversee Compliance with Income Tax Act, VAT ACT, NHIF ACT , NSSF ACT and other regulations when making payments to employees and suppliers of goods and other services across
• Develop new and review existing finance / accounting policies and procedures and ensure any gaps are sealed.

You will have the following capabilities, knowledge & experience:

• Analytical and problem solving skills
• Computer skills
• Communication & interpersonal skills
• Detail oriented
• Qualified Accountant
• At least 7 years work experience.
• At least 4 years' experience in a management role.
• Financial Modeling

What Pula will bring to the table:

• Growth potential: With an untapped market of 1.5 billion smallholders worldwide, on track to doubling the number of farmers insured in 2020, and with the ongoing geographic expansion, the CFO has a tremendous upside growth potential.
• Market Leader: Not only is the opportunity massive, but Pula is by far the market leader in it's category with 5.3m farmers insured as at the end of 2021.
• Solid: Pula has been funded by leading venture capital investors (Omidyar Network, ACCION, MercyCorps) and global philanthropic institutions (MasterCard Foundation, CGAP/World Bank as well as the Bill and Melinda Gates Foundation). Pula closed a $6m series A funding in December 2020 in the right in middle of the pandemic a clear testimony of the opportunity that Pula is going after
• Respected: Winner of the Singapore FinTech Festival 2019, Winner of The InsureTech of the Award, Africa. Featured on TED talks, The New York Times, The Economist.
• Impact and creation: This is a high-impact role, reporting to the CEO and Co-Founder, that offers a unique opportunity to bring the company to the next level, whilst developing new strategies, approaches and ideas.
• Leadership: The founders & CEO foster a culture of transparency, respect, high performance, pragmatism, execution and personal development.
• Purpose: It is rare to find a professional opportunity that offers accelerated professional development and a life purpose. Pula is going through a second phase of accelerated growth that will naturally provide professional development, whilst contributing to the financial stability of small farmers in the emerging markets.
• Remuneration: Competitive base salary accordingly with seniority and experience, plus benefits and an employee share option plan that offers an attractive equity upside.

To learn more about Pula:

• TED Talk: Crop Insurance, an Idea Worth Seeding
• New York Times: He Grew up on a Farm. Now, He Helps Protect Them
• The Economist: The Poor, Who Most Need Insurance, Are Least Likely to Have It