Company Description
iKhokha is a place where chance takers become change makers.
At iKhokha, we believe in better. As you'd expect, our pace is fast-moving and ever-changing. We like it that way. As one of the fastest growing Fintech's in Africa we've built a team of global change-makers who want to make an impact. If you believe in a better future, be a chance-taker and help us empower small businesses in South Africa.
Job Description
Ready to lead financial operations at one of South Africa's most innovative fintech companies?
At iKhokha, we're searching for a Finance Operations Manager to drive financial innovation, streamline processes, and empower our teams to deliver excellence. If you're passionate about making a meaningful impact and thrive on strategic initiatives, we want you in our Tribe!
So, what will you do?
As our Finance Operations Manager, you’ll oversee and optimize critical financial functions, from accounts payable and receivable to payroll and treasury operations. Reporting directly to the CFO, you'll ensure accuracy, compliance, and efficiency while fostering a culture of continuous improvement.
Your mission? Deliver operational excellence while driving strategic financial insights to support our rapid growth.
In addition to the above, you will:
Compliance
- Monitor and enforce internal controls while driving improvements.
- Oversee and manage the company’s financial ERP system (governance, automation, transaction processing).
Debtors
Review of outputs and exceptions arising from NB reconciliation processes performed by Debtors, including but not limited to:
- iKhokha-generated monthly transaction billing to merchants
- Generated daily hardware billing to merchants / other large debtors (i.e., Massmart Group, uSave, Boxer, Retail Capital, etc.)
- Monthly debit order billing for paid merchant software licenses
- Monthly prepaid/VAS billing
- Monthly 3rd party cash advance commission reporting and related billing
Creditors
Supervise and review of outputs and exceptions arising from NB reconciliation processes performed by Creditors, including but not limited to:
- Open purchase orders, accrual listings, and profit-share reporting.
- Asset register updates (additions, disposals).
- Vendor onboarding approvals.
Payroll
- Oversee monthly payroll, sales commission reports, expense claims, and salary capitalizations.
Logistics
-
Assist the Logistics Manager in investigating stock count variances.
Statutory reporting
Lead statutory compliance, including:
- Full year-end audit management and statutory reporting (AFS, tax calculations).
- B-BBEE strategy execution.
- Review SARS submissions (VAT, PAYE, Income Tax).
- Support annual EE & WSP reporting.
Management Reporting
- Ensure timely submission of management accounts and shareholder reports.
- Streamline month-end/year-end processes to improve operational efficiency and reduce costs.
Qualifications
- B. Comm / B. Bus Sci / equivalent financial qualification
- South Africa Institute of Chartered Accountants (CA (SA)
Deal Breakers:
- 5–10 years in Finance Operations Manager, Head of Financial Shared Services, or Financial Manager roles.
- Proven experience in fintech, financial services, or retail industries is a plus.
- Expert-level knowledge of MS Dynamics 365 (preferably Business Central).
- Comprehensive understanding of IFRS, IAS, and SA tax legislation.
In addition to the above, the following experience and business understanding will make you a frontrunner for the role:
- Expert knowledge of best practices for month-end/year-end close processes and internal controls.
- Proficiency in working with 3rd party debtors/creditors to optimize working capital.
- Exceptional MS Excel skills.
- Track record of leading internal/external audits with precision.
Additional Information
Perks of joining the Tribe?
- Work in a high-growth company with tangible results you're accountable for.
- Enjoy hybrid, remote, and in office work models.
- Competitive remuneration and benefits, including reduced Gap cover rates. Medical Aid and Group Risk scheme contributions.
- Visionary leadership.
- Seize the opportunity for study leave.
- Access to on-demand learning at your fingertips.
- Experience a friendly, collaborative culture with a team of all-round-lekker humans (it’s true, we surveyed our Employees and they told us so).
- If you find yourself at HQ, coffee on tap and a selection of hot beverages provided by our very own onsite Barista.
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What We Do
iKhokha is a co-founder led financial technology company that believes every South African entrepreneur should be given the opportunity to compete in the digital economy – because when small businesses grow, Mzansi thrives.All our digital payment solutions are built in-house at our HQ in Umhlanga where we manage the entire product life cycle from research to design, development, user testing, rollout, and product evolution.From Tap & Go enabled card machines to point-of-sale systems, top-tier ecommerce products (such as iK Pay Gateway) and, of course, the iKhokha app, we pride ourselves on building highly competitive products at affordable prices to give businesses the payment tools they need to succeed, both in-person and online.Whether through our speed point machines or our ecommerce payment solutions, our merchants enjoy the lowest transaction rates in South Africa. And to reward them for trading with us, these rates keep getting lower the more they sell!Our merchants can also access working capital after just three months of trade using our iK Cash Advance product and can increase their basket size by selling prepaid products with iK Prepaid on the iKhokha app.At our core, we’re here to help entrepreneurs and businesses of all sizes start, run, and grow. We use tech to create meaningful experiences that uplift our communities, add value, and make running a business less of a dream and more of a reality.
