Financial Accountant needed at Yoco

About the role

• As the Financial Accountant, you will manage all accounting aspects related to revenue recognition, inventory and margin activities. Your role will be crucial for creating accurate and timely financial information and ensuring strict adherence to accounting principles, procedures and legislation. You will work closely with the Accounting Operations Manager and Revenue Assurance Manager to support the accuracy and completeness of the company’s financial records.

What you will be doing

• Process Revenue and Margin transactions accurately and timeously across all product streams.
• Review contract terms impacting revenue recognition in collaboration with Legal and Revenue Assurance.
• Ensure inventory balances align with IAS 2 standards and monitor valuation methods (e.g. weighted average), providing insights for cost control.
• Lead month-end and year-end inventory reconciliations and record adjustments as required.
• Partner with Supply Chain and Operations teams to optimise inventory management.
• Conduct financial analysis of revenue streams and inventory movements, identifying trends, discrepancies and improvement opportunities.
• Accurately record, adjust and reconcile financial transactions, maintaining an audit trail and supporting documentation per professional standards.
• Maintain timely reconciliations and schedules to support Balance Sheet and Income Statement balances.
• Adhere to accounting policies and standards, recommending improvements where needed.
• Monitor and ensure the accuracy and integrity of accounting data, ERP system (Oracle NetSuite), statements and reports.
• Oversee month-end and year-end accounting processes, ensuring accuracy and timeliness.
• Liaise with external auditors, providing supporting documentation as needed.
• Prepare reports, calculations and schedules to support annual financial statements and notes.
• Support ad-hoc activities, finance transformation projects and queries from internal departments as required.

About you

• You have at least 4 years of experience as a Financial Accountant, working in a Finance team.
• You hold a Bachelor’s degree in Accounting and a professional accounting qualification (CA(SA), SAIPA or ACCA).
• You have a strong understanding of IFRS 15 (Revenue from Contracts with Customers) and IAS 2 (Inventories).
• Experienced in bookkeeping and accounting principles, practices, standards, laws, and regulations.
• You have knowledge of taxation and VAT.
• You can adjust, evolve and thrive in response to the rapidly changing fintech landscape.
• You’re advanced in Excel, Google Suite and ERP (Oracle, SAP or NetSuite), with solid ability to adapt to new technologies and systems.
• You pay attention to detail and can give timely delivery of reliable financial management information for decision-making.
• You have the ability to articulate and demonstrate process and system design during finance transformation projects.