Company Description
Co-creation Hub is Africa’s leading technology innovation ecosystem builder on a mission to accelerate the application of science, technology and social capital for economic prosperity across Africa.
Our mandate is to build a formidable innovation ecosystem with a deeply rooted network, cultivating strategic partnerships and practical industry know-how that can support entrepreneurs and innovators in building thoughtful, relevant and scalable solutions. From our locations in Lagos, Abuja, Ijebu Ode (in Nigeria), Nairobi (Kenya), Windhoek (Namibia), and Kigali (Rwanda), we have built a vibrant community of over 81,000 people and counting and have supported to a portfolio of over 120 early-stage ventures including Lifebank, Ushahidi, Riby, BudgIT, Stutern, Kopo Kopo, Sendy, mFarm, Wecyclers and many more.
Our mandate is to build a formidable innovation ecosystem with a deeply rooted network,cultivating strategic partnerships and practical industry know-how that can support entrepreneurs and innovators in building thoughtful, relevant and scalable solutions.
Job Description
The Financial Accountant is responsible for the accurate recording and analysis of financial transactions, ensuring compliance with accounting standards and regulations, and providing critical financial insights to support informed decision-making. This role involves preparing financial statements, managing general ledgers, ensuring timely monthly close of CcHUB subsidiaries. In addition, the post holder will be required to collaborate with various departments/practices, and project managers to ensure good management of the company’s financial resources.
Key Responsibilities
Bank Reconciliation & Expense Management:
• Prepare accurate monthly bank statements reconciliation and financial records.
• Aggregate requisitions from the company’s expense management system (EMS), and
upload on the payment platform.
• Monitor and control expenses to maintain fiscal discipline.
2. Financial Reporting:
• Prepare monthly, quarterly, and annual financial statements.
• Ensure timely and accurate monthly close of financial reporting.
• Maintain compliance with accounting standards (IFRS) and regulatory requirements.
3. General Ledger Management:
• Oversee the maintenance of the general ledger.
• Ensure all financial transactions are recorded accurately and timely.
• Perform month-end and year-end close processes.
4. Budgeting and Forecasting:
• Support with the preparation of budgets and financial forecasts where necessary.
• Analyze variances between actuals and budget, providing explanations and insights.
5. Audit and Compliance:
• Provide support to the Group Financial Controller and external auditors for audit processes.
• Ensure compliance with internal controls, policies, and procedures.
• Implement improvements to financial processes and controls.
6. Accounts Payable and Receivable:
• Manage and oversee the accounts payable and receivable functions.
• Ensure timely processing of invoices and payments.
• Reconcile accounts and resolve discrepancies.
7. Tax Compliance:
• Prepare and file tax returns in compliance with local, state, and federal regulations.
• Maintain current knowledge of tax laws and regulations.
8. Financial Analysis:
• Conduct financial analysis to identify trends, variances, and opportunities for
improvement.
• Provide financial insights and recommendations to management.
9. Collaboration and Support:
• Work closely with other departments to gather financial information and supporting
documentations for budget tracking where necessary.
• Provide financial support and guidance to various teams within the organization.
• Assist in special projects and initiatives as required.
Qualifications
• Education:
o Bachelor’s degree in accounting, Finance, or related field.
o CPA or equivalent certification preferred.
• Experience:
o 3-5 years of experience in accounting or finance roles.
o Experience in a similar role within the industry is advantageous.
• Technical Skills:
o Proficiency in accounting software (e.g., QuickBooks or related software).
o Advanced Excel skills (e.g., VLOOKUP, pivot tables).
• Analytical Skills:
o Strong analytical and problem-solving skills.
o Ability to analyze complex financial data and present actionable insights.
• Attention to Detail:
o High level of accuracy and attention to detail.
o Ability to identify and rectify discrepancies in financial records.
• Communication Skills:
o Excellent verbal and written communication skills.
o Ability to explain complex financial information to non-finance audience clearly.
• Organizational Skills:
o Strong organizational and time management skills.
o Ability to manage multiple tasks and meet deadlines.
Personal Attributes
• Integrity:
o High ethical standards and integrity in professional dealings.
• Initiative:
o Proactive approach to identifying issues and solving problems.
• Team Player:
o Ability to work collaboratively with colleagues across the organization.
Additional Information
This role is onsite in our Windhoek Namibia
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What We Do
CcHUB is a social innovation centre dedicated to accelerating the application of social capital and technology for economic prosperity. The technology hub is the first in Nigeria to serve as an Open Living Lab in which user-driven innovation is fully integrated in the co-creative process of new services, products and societal infrastructures. CcHUB’s methodology is hinged on engaging a community of progressive stakeholders (end-users, subject matter experts, government agencies, businesses, academics, civil societies etc.) who bring their creativity and knowledge to play in co-creating solutions to social challenges faced by the average Nigerian through our open living labs. The resulting innovations are then supported to become sustainable market solutions by providing proactive business support, advice, mentorship and funding through our pre-incubation & research unit.
