Company Description
Husk Power Systems (“Husk”) is an award-winning clean energy company serving rural Asia and Sub-Saharan Africa. In 2024, it was named to Fast Company’s list of 50 Most Innovative Companies in the World, ranking #24 overall and #1 in the energy category. In 2023, it was also named the “World’s Best Challenger Brand” in the energy industry. The company’s AI-powered rural energy platform, centered around community solar minigrids, provides 24/7 renewable power to rural households, commercial customers, institutions and small factories. It also delivers a range of other products and services, including e-commerce and credit-financing of quality-assured appliances for home and commercial use, as well as community-based solutions for e-mobility and the agricultural value chain. Husk’s mission is to superchange economic growth and social well-being in rural communities that are unserved and underserved.
Job Description
Position objective:
We are seeking a dedicated Financial Analyst to join our growing company. Candidate will have an excellent understanding of Excel (or other spreadsheet software) and use that to perform complex financial analyses of projects for the company. Duties will include inter alia creating financial model, analyzing financial modeling and transactions, performing sensitivity and other ad hoc analyses, and creating and conducting presentations based on the results. The ability to work well under pressure and to tight deadlines is a must.
Key responsibilities areas-
● This position will perform a range of duties, including, but not limited to, the following:
● Create Unit Economics models: Work with different business heads to brainstorm and create unit economics models for our e-commerce, C&I business segments and any new business initiatives (current or TBD). Maintain and periodically update unit economics models for hybrid mini grids.
● Periodically update and refine the corporate financial model
● Provide support for due diligence processes for various debt and equity fund raising that Husk has
or will be involved in by liaising with the CEO, Sr. Management and functional leads of various businesses.
● Coordinate and support the development of materials and updates to investors (financial reports, quarterly & annual reports, investor relations decks, newsletters, etc.).
● Research: Maintain research database of the industry developments, keep track of various grant opportunities available in the market for India, Nigeria and other Sub-Saharan African countries.
● Create, maintain and monitor a tracker of key financial covenants under various agreements across the Company and its subsidiaries.
● Evaluate new business opportunities and present for decision making.
Qualifications
Requirements:
Essential:
● Education in finance, economics, accounting, or a related field
● Strong grasp of accounting concepts, financial analysis, and financial modelling best practices.
● Excellent Excel skills or experience with similar spreadsheet software, including the use of charts, macros, and VBA
● Knowledge of valuation models
● A keen eye for detail and an ability to sift through large data sets to extract meaningful information
● Excellent time management skills, including the ability to work under pressure to meet tight deadlines
● Strong interpersonal skills for effective collaboration with teams and stakeholders.
Desired but not mandatory:
- Experience working in startups, VC or PE firms.
- Experience with legal documentation (term sheets, facility agreements, security documents, inter-creditor agreements, shareholder’s agreements).
- Demonstrated interest or previous experience working in Africa and/or emerging markets is preferred but not required.
Additional Information
Job Location: Pune/Mumbai
Compensation: 15-20 LPA
Top Skills
What We Do
Husk is one of the world’s leading distributed utilities. Founded in 2008, the company provides reliable power to rural communities and businesses, entirely from renewable energy sources – 24 hours a day, 7 days a week – at a price they can afford. It offers customers a flexible “pay-as-you-go” energy service, using a mobile-enabled smart metering system. It provides low-cost energy that matches the growing needs of our customers; for households, community services and productive uses. Its grid-compatible solution can be rolled out quickly and cost-effectively to support national electrification plans.