Finance Associate

4 days ago

Cape Town, South Africa HyperionDev Full time

**ABOUT US**:
HyperionDev is the largest provider of software development education in Southern Africa, and one of the largest globally. Counted among the top education technology startups in EMEA with headquarters in Cape Town and London, we support learners from over 40 countries in changing into fulfilling tech careers. We are dedicated to closing the global tech skills gap and we achieve this by integrating tech education with human mentorship and expert code review, lowering the cost of accessing tech careers.

In 2017 we won first prize in Facebook's Innovation Challenge, with Facebook selecting us as the most socially impactful startup operating in Africa and financially backing us, alongside Google. In 2020-21, we closed one of the largest Series A fundraises in South Africa with nearly 1500 investors backing us in the biggest crowdfunding round in history for an Africa-linked startup.

We were originally launched from the University of Cambridge, and our leadership team consists of world-leading talent from companies such as Google, 2U, and GetSmarter. We are looking for team members who are ambitious, motivated and have a track record of over-achieving and exceeding targets.

Join us at a time when we are reinventing tech education and how technology can drive higher quality education at scale for markets that have some of the most underperforming tertiary institutions and schools globally.

***:
**ABOUT THE ROLE**:
We are looking for a motivated Finance Associate with exceptional attention to detail, diligence, and experience with VAT, SARS, and PAYE compliance coupled with strong bookkeeping skills.

As a Finance Associate, you will directly report to our Senior Finance Associate and work closely to support our CEO. You will support financial reporting and analysis of the business, preparations of financials for audit, budgeting and forecast modelling, ensuring compliance, cost analysis and management, tax management, and managing payments to suppliers.

You will be supported by multiple external accounting firms and a rich Operations team in ensuring the internal systems of a high-growth tech support scale. This is a unique opportunity to join one of the largest education technology startups in Africa and directly support our management team in key decision-making.

We are looking for team members to join a company that is already recognised as one of the top education technology startups in Europe, Middle East and Africa, with a team size standing at nearly 100. CoGrammar won first prize in Facebook's Africa Innovation Challenge Award as the top edtech startup in Africa, and is backed by Facebook, Google and the University of Cambridge.

Our team consists of former team members from top tech startups such as Yoco, GetSmarter, 2U, Google, Amazon and those who have previously built and gone on to sell large businesses. We are looking for team members who are competitive, ambitious, and have a track record of over-achieving and exceeding targets.

**RESPONSIBILITIES**:

- Bookkeeping
- Reconciling bank accounts, supplier accounts and customer accounts
- Identifying, recommending and implementing process improvements in bookkeeping
- Reviewing and reconciling balance sheet accounts
- Entering financial transactions into Xero
- Ensuring our invoicing protocols are followed
- Maintaining digital financial records
- Banking, Payment and Payroll
- Preparing payroll for approval with inputs from HR as needed
- Preparing monthly payment runs
- Loading payments to bank accounts, ready to release
- Liaising with the business bankers for administrative and other requirements
- Financial Audits
- Liaising with the company's external accounting firm on annual accounts
- Participating in quarterly and annual audits.
- Compliance
- Preparing and submitting PAYE, NI and VAT for the UK and SA companies
- Support in preparing for and meeting statutory and regulatory requirements

**REQUIREMENTS**:
**_Minimum_**:

- Must have completed a professional qualification in Accounting, Finance or a relevant field
- At least 2 years of experience in accounting / bookkeeping
- At least 1 years of experience in management accounting and reporting
- Experience and understanding of South African VAT, PAYE, UIF, SDL requirements
- Experience and understanding of applicable financial regulations and compliance requirements
- Experience using Xero
- Experience using SimplePay or an equivalent payroll system
- Hands-on experience with Google Sheets and Google Suites
- Exceptional attention to detail
- Excellent written and verbal communication skills
- Excellent time-management, task-management and organisational skills
- Ability to handle sensitive, confidential information.

**_Preferred_**:

- Experience with UK accounting practices and relevant laws
- Prior experience in a fast-paced tech startup
- Experience in exchange control regulations and the South African Reserve Bank
- Experience in equity and debt fundraising for hig

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