Financial Accountant (Contract) - Africa

Posted 9 Days Ago
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Cape Town, City of Cape Town, Western Cape
3-5 Years Experience
Financial Services
The Role
The Financial Accountant will manage accounting records, ensure compliance with regulations, publish financial statements, analyze financial data, oversee operations, and coordinate audits. The role is crucial in helping the company operate effectively in Africa's emerging markets.
Summary Generated by Built In

Financial Accountant - (Contract - 6 Months)
CrossBoundary Group

Location
The ideal candidate will be based in Africa, with Kenya, Mauritius, DRC, Nigeria, Ghana and South Africa being preferred locations.
About the Firm

CrossBoundary Group is a mission-driven investment and advisory firm that unlocks the power of capital for sustainable growth and strong returns in underserved markets. CrossBoundary Advisory provides transaction and investment advisory services, having developed a specialized expertise in unleashing investment across all sectors in these markets. CrossBoundary Advisory has advised on over US$8bn worth of transactions across 75 countries globally, serving our clients from 20 offices spread across Africa, Asia, Europe, and the Americas. Our advisory clients include governments, development finance institutions, private equity firms, Fortune 100 companies, and research institutions.
Our investment platforms, CrossBoundary Energy, CrossBoundary Energy Access, and CrossBoundary Educational Infrastructure, directly finance projects to bring cheaper, cleaner, and more reliable electricity, as well as education infrastructure, to developing countries. Anchoring the Group’s work in the renewable energy sector, CrossBoundary Energy is currently active in more than 10 African countries and has a portfolio of over US$100 million of renewable energy projects for commercial and industrial clients across the continent. CrossBoundary Energy Access uses blended finance and an innovative project financing structure to unlock capital for mini-grids with a mission to bring electricity for the first time to more than 170,000 people. Learn more at www.crossboundary.com

Job Description

CrossBoundary is recruiting a fixed-term Financial Accountant for a period of six months.

The duties of the Financial Accountant will revolve around ensuring that the business is operating effectively and efficiently. Main responsibilities will include managing accounting records, evaluating, and managing risk, ensuring compliance with regulations, publishing financial statements, overseeing accounting operations, analyzing financial data, monitoring expenditure, forecasting revenue, coordinating auditing processes, and ensuring accuracy of financial information. The controller will work directly with the Finance and Operations Manager and management team to dynamically run the business both locally and internationally.

Who We Are

CrossBoundary operates in frontier markets that also hold immense investment opportunities. The chosen candidate will play an important role in a unique team with the opportunity to have a transformational impact on the renewable energy landscape in Africa. Team members come from diverse backgrounds, but share several qualities: curiosity, humility, integrity, a drive for excellence, and a bias for action.

Who You Are

  • You are a self-starter who is passionate about creating lasting change within emerging markets
  • You have a background in accounting for businesses who operate in Africa
  • You possess excellent attention to detail, but are solution-oriented and able to operate in environments that are constantly changing
  • You are comfortable managing multiple work streams simultaneously, and can prioritise and effectively deliver on tasks within the deadline
  • You are interested in leveraging automated systems/ platforms to streamline processes 

Primary Responsibilities

  • Responsible for all aspects of financial reporting including monthly closings, monthly/ quarterly financial statement preparation, financial and statutory audit, general ledger, fixed assets, accounts receivable and accounts payable
    • Ensure all transactions are recorded and coded accurately in Sage X3
      • Perform bank reconciliations
      • Perform intercompany reconciliations
      • Prepare consolidated accounts
      • Prepare tax returns
    • Liaise with the accountants in country to ensure local accounts are prepared timeously and accurately
      • Review and approve local tax submissions
      • Review local accounts
  • Prepare monthly invoicing run
  • Process weekly payment runs
  • Monitor accounts to ensure payments are up to date
  • Maintain asset register 
  • Prepare payroll
  • Assist with providing information to external auditors for the annual audit
  • Assist with opening of new entities in new geographies
  • Assist with opening of bank accounts
  • Assist with other administration/ operational functions
  • Ad Hoc duties and support to the broader team

Qualifications

Ideal candidate will have the following skills and qualifications:

  • Bachelor’s degree in Accounting or Finance
  • Certified public accountant (CPA, K) or ACCA qualification
  • 3 –4 years’ post qualifying experience

Think you have what it takes but are not sure you check every box? Research shows that while men apply to roles when they meet an average of 60% of the criteria, women often only apply when they meet every requirement. If you're passionate about what we're building, we want to hear from you!  

Equal Opportunity Employer

CrossBoundary is an equal opportunity employer. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to [email protected]

Contact

Interested candidates should apply at https://www.crossboundary.com/careers/.

The Company
Washington, DC
170 Employees
On-site Workplace
Year Founded: 2011

What We Do

CrossBoundary is a mission driven investment firm that unlocks the power of capital for sustainable growth and strong returns in underserved markets.

We take a transaction centered approach to underserved markets. CrossBoundary provides investment advisory services, having developed a specialized expertise in unlocking investment across all sectors in emerging and underserved markets. Our advisory clients include governments, development finance institutions, private equity firms, Fortune 100 companies, and research institutions. Our direct investment arm, CrossBoundary Energy, finances solar projects in Africa. Learn more at www.crossboundary.com

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