iKhokha is one of the fastest-growing fintech companies in Africa. As you'd expect, our pace is fast-moving and ever-changing. We like it that way.
Our office is a high performance environment where we push each other to challenge the status quo. If that doesn’t appeal to you, you probably shouldn’t work here.

We’re looking to add more fire power to our Finance team and we’re searching for a methodical and experienced Financial Controller to join our iKTribe.

If you’ve led a financial ops team in a group services or COE model and have a knack for implementing improved processes, then you are the person we are looking for.

So, what will you do?

You will be responsible to oversee the Finance Operations function (Debtors, Creditors, Payroll, Cash Book & Recon).

You will be responsible to ensure that  financial information is generated accurately, timeously and in compliance with all external and internal reporting requirements.

The deal breakers:

• 5 – 10 years’ experience in financial controller / head of financial shared services / financial manager role 
• Experience in the fintech, financial services or retail industries would be beneficial

Additional Skills and Experience:

• Expert knowledge of MS Dynamics 365, preferably Business Central (must have / non-negotiable)
• Expert knowledge of best practice regarding month-end / year-end close processes
• Expert knowledge of best practice regarding systems of internal control
• Expert knowledge of relevant accounting & auditing standards (IFRS, IAS, ISA etc.)
• Strong knowledge of SA tax legislation and SARS reporting requirements (bolstered by 3rd party assistance where necessary)
• Expert MS Excel skills

Business Understanding:

• Expert experience in managing a finance operations team / finance shared services function
• Expert experience in working with 3rd party debtors & creditors to achieve healthy working capital management
• Expert experience in internal/external audit management

What would you be responsible for?

• Efficient management of the company’s month-end / year-end close process:
• Maintenance of month-end / year-end close checklist.
• Manage output of Debtors, Creditors, Payroll Managers & Accountant to ensure that all month end / year-end close tasks are completed timeously.
• Manage continuous improvement in month-end / year-end business processes to improve time-to-close and decrease cost per financial transaction in the long term.

Enforcing compliance with the company’s system of internal controls and implementation of improvements thereto:

• Regular monitoring of internal controls and escalation of any instances of non-compliance to CFO

Regular review of outputs and exceptions arising from NB reconciliation processes performed by Debtors, including but not limited to:

• Review of iKhokha-generated monthly transaction billing to merchants
• Review of iKhokha-generated daily hardware billing to merchants / other large debtors (i.e., Massmart Group, uSave, Boxer, Retail Capital, etc.)
• Review of iKhokha-generated monthly debit order billing for paid merchant software licenses
• Review of iKhokha-generated monthly prepaid/VAS billing
• Review of monthly 3rd party cash advance commission reporting and related billing

Regular review of outputs and exceptions arising from NB reconciliation processes performed by Creditors, including but not limited to:

• Review of open Purchase Orders
• Review of unmatched / unreconciled payments
• Review of accrual listings
• Review of profit share reporting for iKhokha resellers / other partners
• Review and approval of new vendors onboarded
• Review and approval of overall asset register (i.e., additions, disposals, etc.)
• Review of other creditor-related reconciliation 

Regular review of outputs and exceptions arising from NB reconciliation processes performed by Payroll, including but not limited to:

• Monthly payroll
• Sales commission reports
• Expense claims processed by employees
• Capitalisation of developer salaries to intangible assets

Support the Logistics Manager in investigating variances identified during month end / year end stock count process.

Ensuring compliance with all statutory reporting requirements (i.e., year-end audit, SARS submissions, etc.):

• Full management of the year-end statutory audit (planning, tests of internal controls, substantive audit procedures, liaising with auditors, etc.) in consultation with CFO
• Generation and review of all audit deliverables (Cognos submissions 1,2, 3 & 4, tax calculations, etc.) for final CFO & audit partner sign-off
• Generation and review of AFS for final CFO & audit partner sign-off
• Review of all tax returns submitted to SARS (Income Tax, VAT, PAYE, etc.)
• Developing and executing the company’s B-BBEE strategy with the support of the CFO and 3rd party advisors
• Ensuring timeous EE & WSP reporting on an annual basis
• Review of annual CIPC submissions processed by 3rd party company secretary
• Review and dual-authorisation of bank-indemnified payments to cardholders (prior validation from AML & Fraud Manager)

Accurate and timeous submission of all mgmt. reporting requirements (i.e., monthly mgmt. accounts, monthly shareholder KPI reporting, quarterly shareholder packs, quarterly shareholder information templates, etc.)

• Review process for upload of final TB from MS Dynamics 365 Business Central to IBM Cognos after month-end / year-end close
• Reconcile MS Dynamic 365 Business Central TB to final mgmt. accounts submitted

End-to-end management of the company’s financial ERP system (incl. overseeing governance of transaction processing, implementation of automation requirements, etc.) 

• B. Comm / B. Bus Sci / equivalent financial qualification
• South Africa Institute of Chartered Accountants (CA (SA)), or
• Chartered Institute of Management Accountants (CIMA), or
• South African Institute of Professional Accountants (SAIPA)

Perks of joining the Tribe?

• You get to work in a high growth company. Sink your teeth into meaningful work with tangible results you are accountable for.
• Hybrid, remote and in office work models.
• Remuneration & Benefits. We offer Company contributions to Medical Aid and a Group Risk Scheme.
• Visionary Leadership. 
• Study leave.  
• Access to on demand learning and development.
• A friendly, collaborative culture and a team of all-round-lekker humans (it’s true, we surveyed our Employees and they told us so).
• If you find yourself at HQ, coffee on tap and a selection of hot beverages provided by our onsite Barista.