Posted on :
14 Dec, 2010
14 Dec, 2010
Financial Manager for Open Source House Company, Ghana
Organisation: OS-House Ghana
Type: FM/business controller
Location: Accra, Ghana
Level: Master MBA/BA/Entrepreneurship
Expiry date 2nd January 2011
Start: Per direct
The lower middle class in developing countries is rapidly growing and so is their demand for housing. More than 1 billion people are forced to live in slums and this percentage is growing rapidly. Many of these people have a decent job like nurses, teachers and civil servants and therefore a regular income. Rapid urbanization, wastage of resources, expensive building materials, inefficient construction methods and unshared ideas are all part of the underlying problem. Open Source House aims to make housing accessible for this group of people, for less than 25.000 GhC (12.500 Euro).
Open Source House
The newest project of Enviu is the Open Source House, which aims to start a social venture to provide affordable housing through sustainable design. After a successful design competition the winning design will be build in Ghana as a pilot. The results of this pilot are the basis to start the social venture. The ambition of OS-House is to have more than 500,000 people living in sustainable houses before 2020. Open Source House is a revolutionary new idea where sustainable, modular housing is introduced in low-income countries. This will promote the affordability of houses. Moreover designers follow a number of principles, which stimulates sustainability. For example they have to make use of local materials, smart climate use, whole life cycle design and sustainable energy supplies.
The pilot will be built in Ghana from February till June 2011. In this same period the research and development of the business case will be executed. In 2011 the business model is supposed to be introduced to the market. The venture will be a social company that strives for social and environmental impact maximization. The company will work with a profitable business model, but profit will be partly used to make housing more accessible on a wider scale to the lower-middle class.
OS-House Company is currently looking for Chief Finance Officer to pick up the challenge of developing financial products in the field of sustainable housing for the lower middle-income group in Ghana.
Assist the Executive Director to develop the business case and the business plan for the Open Source House Company
Developing financial products with partner mortgage institutions
Prepare and manage administrative budget of OS-House with annual, quarterly and monthly income and expenditure statements and cash flow forecast
To manage the finance department of OS-House. This shall include stores, procurement and all logistic support for the project.
Prepare financial reports in conformity with international financial reporting standards for presentation to management and investors.
Maintain effective communication between the finance department, management and other stakeholders.
Ensure that the OS-House administrative and financial policies conform to the laws and tax system of Ghana, including Internal Revenue Service requirements and submission of annual returns to the Registrar General’s Department.
Establish systems and procedures for effective reporting, regular monitoring and control of key activities in the company.
This is what we aim for:
Building 100.000 houses before 2020!
Achieving an enormous increase of sustainable and affordable houses!
Improving the quality of life of thousands of people across Ghana!
Required Skills or Experience
Candidate should have the following characteristics:
Strong social and environmental values in line with Enviu’s core values
Understanding about the housing market and competitors’ products
Ability to design a business plan and financial plan
Five to ten years experience in financial administration with three years experience in mortgage operations
Ability to analyse business operations, trends, costs, revenues, financial commitments and obligations and provide advice to the Executive Director and Board of Directors.
Ability to plan, lead, organise, control, implement and monitor the organization’s on-going operational needs and address operational problems on time
Ability to reach local Ghana and international investors and housing financiers, financial institutions, and housing microfinance institutions
Good organizational and time-management skills
Strong social drive to achieve impact among the lower-middle income group
How To Apply
If you want to be part of our dream and if you are the financial expert to make it happen, please send motivation letter and C.V to
Visit www.ifpri.org for more information about our organization
Offer valid till 2nd June 2011