Career

Role Title: Finance Manager /CFO

Reports To:  CEO

Location: Windhoek, Namibia

Introduction

HyIron – Green Iron was established through a partnership of Namibian and German companies that work in the field of renewable energies and engineering. At its heart is the HyIron technology, an innovative process to reduce iron ore in a rotary kiln with the help of green hydrogen, thus entirely carbon neutral. Every tonne of iron produced this way replaces 1.8 tonnes of CO2 in the traditional process!

At HyIron our aim is to implement and rapidly scale the production of green iron. Net zero industrial manufacturing of iron is, already today, economically competitive with positive environmental and economic impacts throughout the value chain.

Job Purpose

HyIron Namibia is seeking a Finance Manager/CFO to play a strategic role in leading and managing financial planning, funding, and capital allocation to support the organization’s growth and sustainability objectives. This position is responsible for assessing financial performance, optimizing capital structure, overseeing financial risks, and ensuring that all projects align with the company’s strategic goals. The Finance Manager/CFO will play a key role in stakeholder relations, including banks, investors, and regulatory bodies

Duties and Responsibilities

Strategic Financial Planning, Reporting & Analysis

• Develop and implement financial strategies aligned with the organization’s goals
• Regular reporting on the financial activities of the company, related to budgets, account payables, account receivables, expenses etc as per the Shareholder Agreement requirements Analyse trends, economic forecasts, and market changes to assess financial impact and identify growth opportunities.
• Oversee the preparation of the company’s monthly management accounts and annual financial statements both compliant with IFRS
• Developing and amending long-term business plans for the company
• Developing and proposing strategies that work to minimise financial and operational risk to the company

Performance, Taxation & Treasury

• Manage the tax requirements and timely submission to regulators of the company and monitor changes in tax rules or regulations in the markets that will impact the company
• Ensure a tax efficient group structure is designed and maintained without any breach of OECD guidelines.
• Leads and ensures all financial processes, required to support performance management and effective execution are in place, including strategic planning, annual operating plans, rolling forecasts, sales & operations planning, and supporting models for revenue/pricing, margin analysis/control, and capital expenditure planning Providing regular updates to the Executive Committee, Board and Shareholders on the financial status of the company and alignment with the base case financial model.
• Implementing appropriate treasury management processes, invoicing system, payroll process for the company.
• Manage disbursement and utilisation requests, as well as all treasury managemen

Risk Management and Compliance

• Identify and mitigate financial risks specific to company, including market, regulatory, and operational risks.
• Ensure compliance with industry regulations, financial reporting standards, and internal controls.
• Coordinating with the contractors, key suppliers, offtakers and other vendors to arrange for timely payment and design and implement a compliant procurement system in line with AML and KYC policies;
• Monitoring compliance of the company with all financial requirements and exchange control requirements all countries where the company may have accounts and operations
• Monitoring the accounts and activities of the company for fraud, corruption, or bribery, and then raising any such incident for immediate action to the Board – to be done in context of designing and implementing an adequate control environment across the group driven by risk and managed through a strong policy environment

Team Leadership and Development

• Build, mentor, and lead a high energy team of finance and IT professionals
• Promote a culture of financial accountability, continuous improvement, and innovation.
• Facilitate cross-functional collaboration to ensure alignment on financial objectives.
• Attend meetings with management and stakeholders to report on the activities of the company.
• Manage the IT staff to ensure the enterprise is supported with appropriate business intelligence and empowering systems, including the ERP and supporting modules suite

Governance

• Ensuring appropriate and market related project insurance policies are in place for the company
• Provide input to contractor claims and insurance claims
• Coordinate financial audits and liaise with external auditors to ensure timely receipt of signed company audited results
• Develop and implement best practise accounting policy tailor made for the company
• Procure and implement appropriate accounting package for the size of the entity and implementation

Project Finance & Fundraising:

• Manage review and updates of project financial model and financial model audits as may be required by stakeholders from time to time
• Actively participate in fundraising initiatives including with project company lenders and potential equity partners. Responsible for completion of and compliance with all term financing deals, including equipment / asset financing and lease arrangements.

Procurement & Decision-Making Support:

• Prepare and review memos and presentations for decision-makers, providing insights into Asset liquidity and recommending appropriate actions.
• Conduct market research to identify cost-effective suppliers and evaluate procurement options.
• Source and negotiate the best prices to ensure optimal value for the company.
• Oversee the logistics of procurement activities, ensuring timely delivery and efficient management of resources

Qualifications and Experience

• Pegree in Finance, Accounting, Business or related field
• Professional certification (e.g., CA, CIMA, CFA, CPA) is a requirement.
• The successful candidate would be required to be on site on a regular basis, located near Swakopmund. Preference for local candidates will be given.
• Minimum 5-years’ experience in a financial management role. Previous experience in the manufacturing, renewable energy, project finance or infrastructure space would be advantageous.
• Demonstrated experience in capital raising, financial modelling, budgeting and strategic financial planning for large-scale projects.
• In-depth knowledge of finance structures, tax credits, and government incentives.
• Proven leadership skills with experience managing teams and influencing executive stakeholders.
• Strong analytical skills, attention to detail, and business acumen.
• Excellent communication and presentation skills.
• Ability to lead in a dynamic, high-growth industry and manage multiple projects simultaneously.

Behavioural Competencies

• Result-oriented – Being focused on achieving objectives and results, persevering in the face of adversity
• Devotion to quality– Demanding a high quality on outputs and acting accordingly.
• Planning – Systematically organising activities and setting time frames, setting priorities
• Initiative – Identifying opportunities or solutions, and taking-action
• Analysing and forming opinions – Being focused on examining matters in a systematic way
• Cooperation – Working with others in order to effectively contribute to a common objective.
• Situational Awareness – Being well informed about developments in one’s environment and effectively using this information for one’s own organisation.
• Performance under pressure– Maintaining an effective performance under pressure, or when faced with setbacks or disappointment