Job description

Power Up is a company that works toward bringing access to clean energy to people around the world. We do this by creating solar projects in emerging markets for Norwegians to invest in. As the CFO you will be one of the main decision makers in Power Up! You will develop the financial management and payment systems, as well as work closely with our CEO to set the strategic direction of our company. By joining Power Up, you will get to explore all areas of the company and challenge yourself!


Key areas of responsibilities:

- Financial administration and management of Power Up  

- Legal administration  

- Financial administration of projects  

- Strategic development of finance in Power Up  

Description of role:  

The role of the CFO is to ensure financial stability and transparency of Power Up. The CFO is responsible for planning and managing the finances in Power Up sustainably in cooperation with the CEO, this also includes the legal administration of the company.  

The CFO also has a key role in ensuring strategic investments of Power Up’s financial resources and in ensuring sustainable revenue generation through funds, partnerships and grants applications. 

In the administration and management of projects, the role of the CFO is to ensure the overall financial sustainability of the projects. The CFO has to ensure that all the projects are planned and managed with proper tools to ensure project transparency and sustainability.  

Responsibilities:  

Financial administration and management of Power Up  

- Budgeting, tracking and revision  

- Implement financial rules and principles for Power Up  

- Execute internal accounting  

- Ensure updated book-keeping 

- Calculation of monthly balance  

- Coordinating external audit (closing the books)  

- Handling bank account 

- Invoicing all relevant stakeholders of Power Up and ensure payment  

- Income tracking and invoicing follow up  

- Prepare quarterly financial and forecasts report 

Legal administration

- Manage all contracts of Power Up  

- Manage legal status of organization together with CEO towards the Norwegian government  

Financial administration and management of projects 

- Ensure proper financial management of projects run in cooperation with partners 

- Develop and manage payment system 

- Work in synergy with project responsible 

- Final responsible for the financial management of the project  

- Ensure proper financial management is implemented in all projects and ensure project responsible and/or partners have the tools available for this  

Strategic development of Finance in Power Up  

- Analysis and evaluation of the financial model of Power Up  

- Strategic management of reserves and investment of financial resources  

- Financial risk analysis - risks in currency fluctuations 

- Create long term financial strategies for growth of the company  

Measures of success:  

- Achievement of budget revenues while staying on track on expenses  

- Successful external audit every year  

- Prudent financial management 

- Financial stability and transparency of all projects that Power Up run  

- Up to date financial and risk analyses 


Compensation
MONTHLY SALARY
Unpaid
EQUITY
To be negotiated
Roles
Project management
Finance
Operation
Skills
Finance
Accounting
Project Management
Strategy
Company details
YEAR FOUNDED
EMPLOYESS
N/A
FUNDING STAGE
N/A
GROWTH STAGE
N/A
BUSINESS TYPE
N/A
REVENUE STATUS
N/A
FUNDING NEEDS
N/A
FUNDING TO DATE
N/A
Job description

Power Up is a company that works toward bringing access to clean energy to people around the world. We do this by creating solar projects in emerging markets for Norwegians to invest in. As the CFO you will be one of the main decision makers in Power Up! You will develop the financial management and payment systems, as well as work closely with our CEO to set the strategic direction of our company. By joining Power Up, you will get to explore all areas of the company and challenge yourself!


Key areas of responsibilities:

- Financial administration and management of Power Up  

- Legal administration  

- Financial administration of projects  

- Strategic development of finance in Power Up  

Description of role:  

The role of the CFO is to ensure financial stability and transparency of Power Up. The CFO is responsible for planning and managing the finances in Power Up sustainably in cooperation with the CEO, this also includes the legal administration of the company.  

The CFO also has a key role in ensuring strategic investments of Power Up’s financial resources and in ensuring sustainable revenue generation through funds, partnerships and grants applications. 

In the administration and management of projects, the role of the CFO is to ensure the overall financial sustainability of the projects. The CFO has to ensure that all the projects are planned and managed with proper tools to ensure project transparency and sustainability.  

Responsibilities:  

Financial administration and management of Power Up  

- Budgeting, tracking and revision  

- Implement financial rules and principles for Power Up  

- Execute internal accounting  

- Ensure updated book-keeping 

- Calculation of monthly balance  

- Coordinating external audit (closing the books)  

- Handling bank account 

- Invoicing all relevant stakeholders of Power Up and ensure payment  

- Income tracking and invoicing follow up  

- Prepare quarterly financial and forecasts report 

Legal administration

- Manage all contracts of Power Up  

- Manage legal status of organization together with CEO towards the Norwegian government  

Financial administration and management of projects 

- Ensure proper financial management of projects run in cooperation with partners 

- Develop and manage payment system 

- Work in synergy with project responsible 

- Final responsible for the financial management of the project  

- Ensure proper financial management is implemented in all projects and ensure project responsible and/or partners have the tools available for this  

Strategic development of Finance in Power Up  

- Analysis and evaluation of the financial model of Power Up  

- Strategic management of reserves and investment of financial resources  

- Financial risk analysis - risks in currency fluctuations 

- Create long term financial strategies for growth of the company  

Measures of success:  

- Achievement of budget revenues while staying on track on expenses  

- Successful external audit every year  

- Prudent financial management 

- Financial stability and transparency of all projects that Power Up run  

- Up to date financial and risk analyses