Finance Associate
3 weeks ago
**ABOUT US**:
HyperionDev is one of the largest providers of accelerated tech education in EMEA and one of the oldest providers of 'coding bootcamps' in the world. We work with top universities such as Imperial College London, The London School of Economics, The University of Edinburgh, and Stellenbosch University to deliver structured technical courses and bootcamps that accelerate people into fulfilling tech careers. We have been recognised as one of the top education technology scaleups in the world and gained the financial backing of Meta (previously Facebook) which recognised us as the most socially impactful startup operating in Africa, where we initially started our work.
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 powered by a workforce in Southern Africa, which lowers the cost of an accessible education in technology. This model has been successful, allowing us to reach millions of learners a year from over 60 countries. We have also partnered with government bodies such as the UK's Department for Education who provide scholarships for students to study on our bootcamps and gain employment at companies such as AstraZeneca and the United Kingdom's National Health Service (NHS).
We're backed by nearly 2000 investors, having raised the largest crowdfunding round of funding for an edtech company in history. As a primarily bootstrapped, profitable, and scale up tech business join us as we play our part in making the world a more stable, safer, and fair place.
**ABOUT THE ROLE**:
We are looking for a motivated Junior Accountant with exceptional attention to detail, diligence, and experience with VAT, SARS, and PAYE compliance coupled with strong bookkeeping skills.
As a Junior Accountant, you will directly report to our Finance Manager and work closely with other areas of the business. You will support financial reporting and analysis of the business, preparations of financials for audit, ensuring compliance, cost analysis and management, tax administration, 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 support our management team in 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
- 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
- Preparing monthly commission schedules
- Loading payments to bank accounts, ready to release
- Liaising with the business bankers for administrative and other requirements
- Month-end
- Reviewing and reconciling balance sheet accounts
- Prepare accrual and prepayment schedules
- Create intercompany invoices and supporting schedules
- Support in the preparation of management reports
- Fixed Assets
- Maintain an accurate, complete fixed asset register - additions and disposals
- Run monthly depreciation calculations
- Statutory Audits
- Assisting in the preparation audit files for all entities
- Providing support during the audit as required
- 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 degree in Accounting, Finance or a relevant field
- At least 2 years of experience in accounting / bookkeeping
- Prior experience in an SME
- Experience and understanding of South African VAT, PAYE, UIF, SDL requirements
- Experience and understanding of applicable accounting principles and compliance requirements
- Experience using Xero
- Experience using SimplePay or an equivalent payroll system
- Hands-on experience with Google Sheets, Docs and Slides
- Exceptional attention to detail
- Excellent written and verbal communication skills
- Ex
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