Wattero 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 Wattero! 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 Wattero, you will get to explore all areas of the company and challenge yourself!

Key areas of responsibilities: 

• Financial administration and management of Wattero
• Legal administration
•  Financial administration of projects
•  Strategic development of finance in Wattero

Description of role: 

The role of the CFO is to ensure financial stability and transparency of Wattero. 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 Wattero’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 Wattero

• Budgeting, tracking and revision 
• Implement financial rules and principles for Wattero
• 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 Wattero and ensure payment 
• Income tracking and invoicing follow up 
• Prepare quarterly financial and forecasts report

Legal administration 

• Manage all contracts of Wattero
• 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 Wattero 

• Analysis and evaluation of the financial model of Wattero
• Strategic management of reserves and investment of financial resources 
• Financial risk analysis - risks in currency fluctuations
• Create long-term financial strategies for the 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 Wattero run 
• Up to date financial and risk analyses