Austin Harris
Chief Financial Officer at Powerhive- Claim this Profile
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Bio
Experience
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Powerhive
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Kenya
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Information Technology & Services
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1 - 100 Employee
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Chief Financial Officer
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Jan 2020 - Present
Nairobi, Kenya The largest solar mini-grid company in Kenya and developer of EV infrastructure with a network of EV motorcycle battery-swapping sites. • Oversee Finance, Data, Legal, Credit, and Inventory departments • Raised over $3m in grant funding and $1.8m in debt • Established company-wide dashboarding and analytics • Migration to new ERP with deployment of procurement, CRM, inventory, and credit modules • Established Credit department, policy, controls, analytics, and reporting, and… Show more The largest solar mini-grid company in Kenya and developer of EV infrastructure with a network of EV motorcycle battery-swapping sites. • Oversee Finance, Data, Legal, Credit, and Inventory departments • Raised over $3m in grant funding and $1.8m in debt • Established company-wide dashboarding and analytics • Migration to new ERP with deployment of procurement, CRM, inventory, and credit modules • Established Credit department, policy, controls, analytics, and reporting, and overhauled assessments and collections • Developed Inventory controls, procedures, costing, and valuations
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Chief Operating Officer
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Jan 2020 - Oct 2021
Nairobi, Kenya • Oversaw Operations, Sales, Procurement, and HR departments • Managed solar mini-grid business, productive-use businesses, and EV charging network • Expanded mini-grid capacity 3x and increased uptime from 85% to 97% • Increased revenue 3.6x and achieved 31% increase in operational efficiency • Launched EV charging network and 3 financed products
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SolarNow BV
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Netherlands
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Renewable Energy Power Generation
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100 - 200 Employee
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Chief Financial Officer
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Mar 2017 - Oct 2018
Kampala, Uganda Financed, solar-energy solutions with 65 branches and over 1,100 FTE in Uganda and Kenya. • Oversaw Finance, Risk, Legal, and Tax departments, enhancing controls and procedures • Raised $15m in SPV receivable debt, $8m corporate debt, and $9m in equity • Structured receivable financing at SPVs using local-currency and forex hedging • Established Data department with real-time dashboarding and automated analytics • Reduced cost of capital by one-sixth
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Chief Operating Officer
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Jul 2016 - Dec 2017
Kampala, Uganda • Oversaw Sales, Credit, Operations, HR, and Service departments • Grew yearly revenue 132%, scaled company 3x to >1,000 staff, and achieved month-on-month operational profitability • Achieved 36% increase in operational efficiency • Launched Kenya business and expanded branch network 80% • Stabilized credit portfolio from height of PAR30 27.0% to 4.5%, becoming the industry leader
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ZOLA Electric
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Netherlands
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Renewable Energy Power Generation
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300 - 400 Employee
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VP Finance
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Jul 2014 - Nov 2015
Arusha, Tanzania Pay-As-You-Go solar energy provider with systems in over 900,000 homes in 5 African countries • Headed international team of accountants, analysts, and controller, directly reporting to CEO • Raised over $60m in equity and $8m in debt • Managed PAYGO software development and ERP integration • Provided financial analysis on company, solar products, regions, and delivery channels
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Managing Director, Founder
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Dec 2011 - Sep 2013
Rwanda Business accelerator with offices in Rwanda, Kenya, and Ethiopia and over 200 FTE, supporting over 19,000 SMEs with an annual budget exceeding $13m. • Founded company and built portfolio of SMEs • Managed fundraising, advisory services, and strategic consulting for SMEs • Successfully sold company in 2016
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Bank Strategist
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May 2010 - Dec 2011
Rwanda Largest microfinance bank in Rwanda with over 400,000 clients and over $300m in loans • Provided CEO with strategy for portfolio growth and financial products • Grew client base by over 60% and increased the loan portfolio by 94% • Achieved operational profitability for the first time in bank’s history
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BRAC-Aarong
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Bangladesh
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Retail
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700 & Above Employee
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Financial Analyst
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Jan 2010 - Apr 2010
Bangladesh World’s largest development NGO with microfinance operations in 16 countries across Asia, Africa, and the Americas • Provided financial analysis and projections, and developed strategy for microfinance operations in Africa and Central Asia
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Citi
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United States
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Financial Services
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700 & Above Employee
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Financial Analyst
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Mar 2008 - Dec 2008
Greater New York City Area • Performed financial assessment on partners, and analysis and projections on contracts with vendors
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Citi
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United States
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Financial Services
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700 & Above Employee
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Assistant Manager of Corporate Compliance
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Jan 2006 - Apr 2007
New York, New York • Maintained Risk Management for Legal and Compliance departments
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Project Manager
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Sep 2004 - Jan 2006
Greater New York City Area • Coordinated and maintained deliverables to the OCC, Fed, and Auditors
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Managing Director
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Nov 2001 - Dec 2004
San Francisco, USA and Brasilia, Brazil UNDP supported project to export finished goods from small clothing factories in Brazil to the U.S. • Oversaw operations, product development, marketing, and distribution of product lines
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Director of Business Development
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May 2000 - Apr 2001
New York, New York A mergers and acquisitions firm servicing SMEs through online and traditional services • Managed development and expansion of operations and client services
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Education
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University of Oxford - Said Business School
Master of Business Administration (MBA), Social Entrepreneurship, Finance -
Swarthmore College
Bachelor's degree, Economics