Requirements: English
Company: Feedgy
Region: Paris , le-de-France
Feedgy is a key player in the agricultural and energy transition, our mission is to regenerate photovoltaic power plants on farmland, increasing their performance, profitability and sustainability. We achieve this using cutting-edge technologies such as artificial intelligence, photonics, optics and agronomy. Experts in repowering, we modernize photovoltaic power plants with high-performance solar panels and advanced digital tools for fault detection and predictive maintenance.
Above all, our flagship is innovation with many new business activity developments in the pipeline (notably becoming independent energy producers ourselves and moving towards co-investment projects directly with farmers).
Feedgy is a profitable company, majority-owned by its CEO-founder, Harold Darras. Other shareholders include InnoEnergy, the Santander bank and the Delacommune & Dumont construction company. Furthermore, we plan to move towards debt-raising and capital increase in the short term.
To support these major ambitions in terms of business development, and to address the high economic and financial stakes involved, we are creating the position of Chief Financial Officer (CFO).
As a board-member and reporting directly to the General Director, your main challenges as CFO will be:
1/ Digitalising & structuring the finance department:
- Lead the implementation of Zoho Books, (already initiated).
- Automation of invoice, accounting turnover calculation (progress reports on projects), turnover and cash flow forecasting.
- Creation of automatic entries reconciliation.
- Automated financial dashboard creation, creation of a recovery process with systematic and live monitoring of the aged balance, accruals monitoring system creation.
- Production of monthly situations at D+15.
- Analysis of profitability per project (margin/project calculation).
- In-depth analysis of cost accounting to improve management control analyses (productivity, pricing, cost reduction).
- Annual reporting, budget and strategy calendar implementation & management.
2/ Form a business partnership duo with the General Director in relation to company management (reporting, analyses, forecasts) and strategy (analysis of business models, profitability, benchmarks).
3/ Define & implement a Feedgy financing strategy:
- Growth-financing strategy development (choice of financing options, investors).
- Search for non-dilutive financing solutions or capital increases.
- Implement an employee shareholding policy (via BSPCE or other schemes).
- Deploy debt-refinancing operations.
4/ Lead foreign subsidiaries (legal & financial) creation & deployment:
- Creation of procedures and coordination of accounting and reporting work with subsidiaries.
- Identify and lead M&A operations (acquisition of foreign competitors).
5/ Deployment of our new photovoltaic investment and development activity:
- Creation of business plans in relation to our agrivoltaic development projects (30-year investment, sales & cash flow forecasts, IRR calculations).
- Debt raising project, creation of SPV (special purpose vehicle) companies with associated legal pack (particularly in the case of co-investment), SPV buyouts, project refinancing operations, valuation of project pipelines.
6/ Securing Feedgys activities through the legal department:
- Securing customer and supplier contracts.
- Setting up and managing insurance policies, monitoring claims.
7/ Manage Feedgys market monitoring & influencing:
- Monitoring and analysis of regulatory changes.
- Public affairs lobbying through trade unions and professional groups.
REQUIRED SKILLS & PROFESSIONAL EXPERIENCE:
- You have 5 to 10 years'' experience in a similar role (financial director, general secretary, board member).
- Experience in the energy sector (particularly with a developer or IPP) would constitute a real advantage.
- Experience in an international environment (experience abroad, management of an international group) would be considered an additional asset.
- Experience thriving in fast-growing environments and in setting up (or re-structuring) finance and accounting departments.
- You are motivated by the idea of joining an emerging sector that makes sense to you and contributing fully to its development.
- You are recognized for your leadership skills (hierarchical and cross-functional), adaptability, analytical mind, commercial/negotia