Finance Lead

2 weeks ago

Cape Town, Western Cape, South Africa OceanHub Africa Full time

Who we are:

OceanHub Africa (OHA) is an ocean-impact catalyst, blending entrepreneurship support programs and impact innovation ecosystem development.

We are on a mission to inspire and support African-based, ocean-minded small and start-up businesses with the express aim of nurturing an environmentally conscious and profitable economy that effectively mitigates the effects of global warming as well as oceans' overexploitation and pollution.


Job specifications:

- maintain the leadership position of OHA in its ecosystem as more ocean hubs emerge,
- participate to the fundraising efforts to sustain OHA's growth, 3) champion strategic and financial planning, business forecasting, and cash flow management
- deliver on OHA's Blue Economy consultancy missions as well as to provide support to OHA's accelerated startups.

You are passionate about the ocean and its Blue Economy

You thrive to support and see the growth of impact for-profit ventures

You are business-driven and a strategic thinker


You are mastering excel spreadsheets, love the financial side of the game and are not scared of financial engineering and data architecture.

Then we want you

Responsibilities:

  • Accounting and

Financial Management:
_

  • Manage the accounting processes for the incubator and affiliates, including budgeting, financial reporting, cash flow management and strategic financial planning.
  • Ensure timely and accurate financial records are maintained and in compliance with relevant accounting standards (with the support of the organization's accountant).
  • Prepare financial statements, forecasts, and budgets to provide insights and support decisionmaking (with the support of the organization's accountant).
  • Collaborate with the team to prepare reports and presentations for the board.
  • Fundraising Support and

Grant Program:
_

  • Provide financial expertise and guidance to incubated startups in their fundraising efforts.
  • Assist startups in developing financial models, projections, and investment materials.
  • Conduct due diligence on financial aspects of investment opportunities, search for and support negotiations with potential investors and grantmakers.
  • Develop and maintain relationships with oceanimpact or other relevant investors with the intention of making warm introductions to startups.
  • Support fundraising efforts for OHA, including developing fundraising strategies and materials.
  • Managing OHA's grant program, from disbursing to reporting.
  • Supporting the OHA management team in establishing the first oceanimpact fund in Africa.
  • Donor Funding Management:_
  • Manage, with the support of the team, the reporting of grant funding received by the incubator, ensuring compliance with requirements.
  • Monitor donor funding budgets and ensure funds are allocated appropriately.
  • Other activities:_
  • Assist the team in creating new partnerships and adjusting current partnerships to align with future acceleration programs and other activities.
  • Contribute to proposal writing, delivery of strategy consulting projects (especially on financerelated topics), and supervise OHA's consulting client portfolio from a financial aspect.
  • Support the promotion of Blue Finance in Africa through thought leadership initiatives, public speaking opportunities, communication points, and collaboration with relevant stakeholders.

Main advantages:

  • Learn and grow in an entrepreneurial ecosystem, in Africa within a stimulating multi stakeholder environment
  • Take part in shaping OHA, our team building activities and social events
  • Have a missiondriven job, working for a meaningful cause
  • Training and experience in Blue Economy principles, entrepreneurship and impact investing
  • Grow personal branding and network within the blue economy ecosystem in South Africa and internationally
  • Performancebased benefits (bonus and extra paid time off)
  • 2 days remote work/week
  • Initial contract with expectation of renewability

Skills and Experience

  • Bachelor's degree in Finance, Accounting, or a related field (Master's degree preferred)
  • Proven experience in financial management, accounting, or financerelated roles.
  • Strong knowledge of accounting principles, financial analysis, and reporting.
  • Experience in supporting fundraising efforts and working with investors or funders.
  • Familiarity with grantmaking processes and grant investment evaluation is a plus.
  • Excellent analytical and problemsolving skills.
  • Strong attention to detail and accuracy.
  • Excellent communication and presentation skills.
  • Ability to work collaboratively in a fastpaced startup environment.
  • Passion for ocean sustainability and impact investing (preferred)
  • The following conditions apply

The following conditions apply:

  • Contract term: August 2023 to July, some flexibility on dates
  • Full time ~40h/week: 8:30 am to 5:30 pm, 1h lunch break
  • Prorated 15 days per year of paid leave in addition to public holidays (

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