Accounting Operations Manager - Cape Town, South Africa - Yoco

Yoco

Verified Company

Cape Town, South Africa

1 week ago

Posted by:

Thabo Mthembu

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Description

Who we are:

Yoco was founded in 2015, and has since processed over R100 billion in digital payments for over 400,000 businesses in South Africa.

We're breaking down barriers and unlocking economic opportunities that enable people to thrive.

We have over 330 team members across our key hubs in South Africa and the Netherlands, all with a bias for boldness, and a passion for simple, progressive solutions.

We believe in uniting different people to solve hard problems together.

Our mission of making society more equal takes a variety of people, with different backgrounds and points of view, so we can keep building solutions that work for and include everyone.

Yoco is growing, and as we grow we have compelling challenges ahead of us.

Growing means we're enabling more self-employed people and businesses to thrive every day. It also means that ambitious problem-solvers with big ideas are challenged, stimulated and will thrive at Yoco.

We don't stop pushing, we break things to rebuild, we challenge ourselves and each other. We're constantly evolving — and we're doing it fast.

Grow With Us.

About the
Financial Control team**:

Our Finance Team's financial controlling function is central to maintaining Yoco's financial health and integrity. This function encompasses budgeting, planning, reporting, analysis, internal controls, compliance, and risk management.

Through these efforts, the team ensures the accuracy of financial data, compliance with regulations, and provides strategic decision support to management.

We are dedicated to optimising financial processes and systems to drive efficiency and support the organisation's goals.

About the role:

The Accounting Ops Manager will oversee the daily operations of the accounting department, managing Accounts Payable, Accounts Receivable, Fixed Assets and Inventory.

You will monitor and enhance the ERP control environment, general ledger and financial reporting cycle.

This role is crucial for creating accurate and timely financial information and ensuring strict adherence to accounting principles, procedures, and legislation.

The Accounting Manager will work alongside the Group Reporting Specialist, the FP&A Lead and the Revenue Assurance Manager, ensuring compliance with accounting standards, tax regulations, budgeting and internal controls ensuring the integrity of the financial records.

What you will be doing:

Manage the daily operations of the Accounting team, ensuring accurate and timely processing of transactions in Accounts Payable, Accounts Receivable, Inventory and Fixed Assets. This would include ensuring that the necessary banking procedures for payments and collections are followed while maintaining strict controls over banking platforms.
Manage monthly, quarterly and annual reporting cycles in an ERP environment (Oracle NetSuite). This includes transaction processing, reconciliations, analysis, and commentary, which are required to present financial statements. Maintain detailed documentation of the reporting process, including supporting schedules and explanations for significant transactions or adjustments. Ensure the closing process is welldocumented and transparent, providing a clear audit trail for internal and external auditors.
Manage team performance, skills development, succession, talent management and culture to foster a highperforming and efficient work environment.
Provide input into the ongoing development and execution of accounting policies and procedures through coordination and collaboration with Group Reporting and Revenue Assurance.
Provide the necessary information for tax, audit, and other external reporting.
Work closely with the FP&A Lead and Treasury Manager to provide input for budgeting, forecasting, financial analysis and cash flow decisions.
Work closely with the Legal, Risk, and IT teams to strictly follow procedures around purchasing, vendor onboarding, contract management, and renewals.
Provide insights through financial reports and recommendations to align better reporting to budgeting, support costreduction initiatives and optimise resource allocation.
Ensure strict adherence to established accounting policies, principles and procedures and recommend improvements where necessary.
Monitor and analyse accounting data, ensuring the accuracy and integrity of the organisation's financial records.

About you:

Proven experience as an Accounting Manager in a financial department, in a tech company would be advantageous.

3+ years of current team management experience is essential.

Professional accounting certifications are essential (CIPA, CIMA, SAIPA etc)

Strong proficiency in leveraging automation tools and technologies to streamline processes and improve efficiency.
Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments and levels of the organisation.

In-depth knowledge of bookkeeping and accounting p