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Financial Accountant

yoco · 30+ days ago
Longkloof precinct
Negotiable
Full-time
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<h4 dir="ltr"><strong>Financial Accountant (Revenue &amp; Inventory)</strong></h4><p dir="ltr">We’re looking for an experienced and qualified Financial Accountant with a deep understanding of operational finance, revenue and inventory.</p><h4 dir="ltr"><br></h4><h4 dir="ltr"><strong>Who we are</strong></h4><p dir="ltr">Yoco is one of Africa's largest fintech companies, building an ecosystem of intuitive, dynamic payments and business tools. These connected tools are easy to tailor to diverse business needs, enabling brave businesses to do better and grow.</p><p dir="ltr">Founded in 2015, we now process over US$3 billion annually for over 400,000 businesses.</p><p dir="ltr">We are powered by over 330 people across our three talent hubs in the Netherlands and South Africa. We come from different backgrounds and have different viewpoints, so we can keep building cutting-edge financial tools for growing businesses.</p><p dir="ltr">We’re growing fast. With growth comes compelling challenges, which means that if you’re an ambitious problem-solver with big ideas you will be challenged, stimulated, and grow with us at Yoco. You have a passion for doing good. You’re bright and grounded, experimental and brave.</p><p dir="ltr">We believe growing together is a commitment and that it means being uncomfortable and overcoming problems, and when faced with such problems seeing opportunities where others see barriers. But we know it’s not for everyone.</p><p dir="ltr">We don’t stop pushing, we break things to rebuild, we challenge ourselves, and inspire each other. We’re constantly evolving - and we’re doing it fast.</p><p dir="ltr">Be Brave and Grow With Us.</p><h4 dir="ltr"><br></h4><h4 dir="ltr"><strong>About the Financial Control team</strong></h4><p dir="ltr">The Financial Control team is key to ensuring Yoco's financial health and integrity. Covering budgeting, planning, reporting, analysis, internal controls, compliance and risk management, the team ensures accurate financial data, regulatory compliance and strategic insights to guide management decisions. The team is dedicated to optimising financial processes and systems to drive efficiency and support the organisation’s goals.</p><h4 dir="ltr"><br></h4><h4 dir="ltr"><strong>About the role</strong></h4><p dir="ltr">As the Financial Accountant, you will manage all accounting aspects related to revenue recognition, inventory and margin activities. Your role will be crucial for creating accurate and timely financial information and ensuring strict adherence to accounting principles, procedures and legislation. You will work closely with the Accounting Operations Manager and Revenue Assurance Manager to support the accuracy and completeness of the company's financial records.</p><h4 dir="ltr"><br></h4><h4 dir="ltr"><strong>What you will be doing</strong></h4><ul><li>Process Revenue and Margin transactions accurately and timeously across all product streams.</li><li>Review contract terms impacting revenue recognition in collaboration with Legal and Revenue Assurance.</li><li>Ensure inventory balances align with IAS 2 standards and monitor valuation methods (e.g. weighted average), providing insights for cost control.</li><li>Lead month-end and year-end inventory reconciliations and record adjustments as required.</li><li>Partner with Supply Chain and Operations teams to optimise inventory management.</li><li>Conduct financial analysis of revenue streams and inventory movements, identifying trends, discrepancies and improvement opportunities.</li><li>Accurately record, adjust and reconcile financial transactions, maintaining an audit trail and supporting documentation per professional standards.</li><li>Maintain timely reconciliations and schedules to support Balance Sheet and Income Statement balances.</li><li>Adhere to accounting policies and standards, recommending improvements where needed.</li><li>Monitor and ensure the accuracy and integrity of accounting data, ERP system (Oracle NetSuite), statements and reports.</li><li>Oversee month-end and year-end accounting processes, ensuring accuracy and timeliness.</li><li>Liaise with external auditors, providing supporting documentation as needed.</li><li>Prepare reports, calculations and schedules to support annual financial statements and notes.</li><li>Support ad-hoc activities, finance transformation projects and queries from internal departments as required.</li></ul><p><br></p><ul></ul><h4 dir="ltr"><strong>About you</strong></h4><ul><li>You have at least 4 years of experience as a Financial Accountant, working in a Finance team.</li><li>You hold a Bachelor's degree in Accounting and a professional accounting qualification (CA(SA), SAIPA or ACCA).</li><li>You have a strong understanding of IFRS 15 (Revenue from Contracts with Customers) and IAS 2 (Inventories).</li><li>Experienced in bookkeeping and accounting principles, practices, standards, laws, and regulations.</li><li>You have knowledge of taxation and VAT.</li><li>You can adjust, evolve and thrive in response to the rapidly changing fintech landscape.</li><li>You’re advanced in Excel, Google Suite and ERP (Oracle, SAP or NetSuite), with solid ability to adapt to new technologies and systems.</li><li>You pay attention to detail and can give timely delivery of reliable financial management information for decision-making.</li><li>You have the ability to articulate and demonstrate process and system design during finance transformation projects.</li></ul><ul></ul><h4 dir="ltr"><br></h4><h4 dir="ltr"><strong>The people we’re looking for</strong></h4><p dir="ltr">We’re looking for people who want to grow and have a thirst for learning. And as Yoco grows, we hope they stay with us for the long-term.</p><p dir="ltr">Building solutions for a more equal society is a daunting task—and it’s not for everyone. We never stop pushing, we break things to rebuild, and we challenge ourselves and our teammates. We start over, we constantly evolve — and we do it fast. We know that it’s just the right kind of meaningful madness for our kind of visionary human.</p><p dir="ltr">So, who are you? You’re someone who resonates with our mission and our values, and you’re relentlessly effective in your execution.</p><p dir="ltr">You’re a curious problem-solver with a passion for doing good. You’re bright, grounded, experimental and bold. You play open cards and get stuck in. You’re not afraid of change. You close the loop.</p><p dir="ltr">At Yoco, we laugh, embrace each other’s quirks, and support one another’s growth, all while staying authentic.</p><p dir="ltr">If this sounds like your kind of challenge, apply below and come grow with us.<br></p> •

Last updated on Sep 23, 2024

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