Head of Supply Chain Finance (SCF)
Nomanini, South Africa
Job Description
CLOSING DATE: 20 June 2021
At Nomanini, we believe that the people who work with us and for us are our most important resource. To this end, Nomanini is looking for an experienced, self-driven and results-focused Head of Supply Chain Finance to lead and take control of the building of a free-standing division within Nomanini.
This role is an opportunity to have a massive positive impact on many tens of thousands of lives. We are looking for someone who finds motivation in the work we do and is willing to work with us to deliver services in this underserved space.
About Nomanini
Nomanini is a pioneering fintech that provides informal retail merchants with access to digital payment solutions and credit to support merchants improve their business. Our platform provides interoperable retail payments and supply chain financing by combining new digital financial services with existing distribution networks.
PURPOSE OF THE ROLE:
To lead a new line of business within the company that lies at the intersection of digital financial services, Fast Moving Consumer Goods (FMCG) industry and informal or traditional retail trade.
The role will open new frontiers for Nomanini and its partners, but most importantly for the thousands of micro, small and medium retailers in the African continent.
This role features a great deal of autonomy to create a new business, with the support of an established company. This encompasses both strategic thinking and operational execution.
This is a key business partnering role that interacts with various senior stakeholders and supports the strategic and operational decisions across the business
KEY PERFORMANCE AREAS:
1. Launch new business solution for Nomanini and create a foundation for exponential growth
- Take responsibility for all aspects of the supply chain finance business, including but not limited to:
- Strategy and business planning
- Revenue
- Operational model and operational costs
- Loan Book management
- Pricing
- Finance and Financial Reporting
- Human Resources
- Create a business case and develop business plans.
- Develop medium and long-term business strategy for your area, while ensuring that execution plans are clear for annual budgets.
- Define budgets and own the Profit amp; Loss (Pamp;L).
- In coordination with the Business Development team, support the establishment of new partnerships with FMCG manufacturers, distributors, banks and field automation service providers.
- Influence stakeholders through effective communication of proposals and clear understanding of stakeholder needs.
- Take a hands on approach in the implementation of solutions in the various countries we will launch in, ensuring that you fully support and where necessary, hand-hold your team through the implementation process Make recommendations on how to optimise operations and minimise risk/cost to the business.
- Navigate compliance issues to ensure local regulations are met.
- Develop a regular reporting regime aimed at ensuring all stakeholders receive informative and relevant reports on a regular basis and on demand.
2. Build the SCF team and ensure internal alignment
Establish a team to deliver, drawing on internal resources and new hires and other partners.
- Liaising with Business Development, Product, Operations and Engineering teams, build a solid and effective team that is aligned with key functions in the company.
3. Technical and Product solution building
Oversee the development and continuous improvement of the supply chain finance solution, in collaboration with the Product and Engineering teams.
- Champion the merchant experience and needs within Nomanini, working with Product and Engineering to optimise the solution to continuously and, where necessary, drastically redefine and improve the merchant experience of the solution.
Requirements
QUALIFICATIONS:
Bachelor’s Degree in quantitative and/or business related studies, such as Engineering, B Com, Business Science, Actuarial Science, etc.
EXPERIENCE:
- Track record of entrepreneurship
- 5+ years operational experience in the FMCG environment, in particular in sales and distribution in the general/ traditional/ informal trade
- Experience with and proficiency with financial statements, business plan development and budgeting
- Exposure to and experience with credit management will be an added advantage
TECHNICAL COMPETENCIES:
- Has a commercial understanding of the business including expertise in profit and loss (Pamp;L) statement generation and management
- Ab