Financial Accountant at Kuda

Description

Introduction:

Kuda is a full service, app-based digital bank. Our mission is to be the go-to bank not just for those living on the African continent, but also for the African diaspora wherever they might live, anywhere in the world. Kuda is free of ridiculous banking charges and great at helping customers budget, spend smartly and save more. We raised the largest seed round ever seen in Africa, and completed a Series A funding round in February 2021, led by some of the world's smartest venture capital investors.

With offices in London (our HQ), Lagos and Cape Town, and further offices opening across Africa during 2021, Kuda is fast becoming recognised as the leading 'Neobank' for Africans.

To help us grow into the company that can bring meaningful change to the way people across Africa get access to great financial products and services in order to take control of their personal finances, we are actively looking for bright, talented, driven people who are excited by our mission. If this sounds like a great way to spend your valuable time, then please get in touch with us.

Role Purpose:

We are looking for a Financial Accountant (based in Capetown) to support the Group Financial Controller (based in the UK) in ensuring that the Finance function is a world-class, best-in-industry operation. They will have broad involvement in ensuring that processes and procedures are adhered to to ensure that accurate and relevant information is reported to the business.

Key Responsibilities:

Reporting to and working closely with the Group Financial Controller, where you will be involved in all aspects of the finance function, ensuring all postings to the ledgers are accurate and Management reports are produced promptly. Kuda needs high-quality support services across the organisation, which are not simply fit for purpose but act as exemplars to others.

• Month-End: responsible for general ledger posting. Includes but is not limited to bank reconciling journals, accruals, prepayments, and recharges.

• Management Accounts and Financial Statements: prepare consolidated and departmental management accounts and year-end financial statements. Including an analytical review of results and communicating underlying trends to the Group Financial Controller and Senior Management.

• P&L ensures accurate postings to the general ledger and provides: insights into any variances.

• Purchase and Payables (P2P): responsible for implementing controls and policies around the P2P cycle.

• Balance Sheet reconciliations: prepare month-end Balance Sheet reconciliations for review by the Group Financial Controller.

• Bank reconciliation: timely reconciliation of bank accounts on the Accounting system, ensuring all transactions are posted to the correct account and tax code.

• Taxes: sound knowledge of local taxes.

• Process Improvement: explore and suggest ways to improve the day-to-day accounting processes.

• Implementation of System: assisting with the rollout of a new accounting system across the group.

• Work Independently: as the role is based in Capetown, the individual will report into Group Financial Controller (based in the UK) with the dotted line reporting into local Management.

• Strong knowledge of IFRS and Financial Reporting: the individual will be responsible for the preparation of year-end group financial statements under IFRS.

Ad hoc, carry out any other duties as may reasonably be requested by the Group Financial Controller.

Requirements

Background and experience:

• 1-3 years post qualified experience of proven all-round accounting competence in a multi-entity/ group environment ideally gained in a Financial Services or regulated business

• Intermediate to advanced excel proficiency.

• CIMA/ACCA/ACA or equivalent qualification.

• Familiar with IFRS

• Working with teams across various geographic jurisdictions

• Strong interpersonal and business partnering skills

• Excellent written and verbal communication

Expectations - Key skills and competencies:

Skills:

• Organisation;

• Prioritisation;

• Time management;

• Communication;

• Problem-solving

• Creative thinking

Competencies (Behaviours):

• Relationship building;

• Resilience;

• Collaboration;

• Innovative;

• Adaptability;

• Attention to Detail;

• A self-starting approach

• Accountability;

All employees are expected to comply with the company code of conduct, to act professionally with colleagues, treat colleagues and the workspace with respect; It is your responsibility to ensure your behaviour, attitude, and appearance always positively reflect the Company and don’t do anything that would bring the reputation of the Company into disrepute or cause a loss of confidence in its work.

Benefits

• 25 Days Leave per annum

• The Cape Town team share offices in Claremont to enable connection and collaboration, but we currently follow a remote-first work policy and offer flexible working hours.

• We look forward to offering great perks and benefits in the near future, to create a rewarding environment that supports work-life balance.

• Additionally, we will soon be introducing a full range of health and wellness benefits covering medical support, long term savings, insurance as well as a few other exciting perks!