Financial Accountant

Driving Innovation and Trust: Ten’s Journey to Redefine Service Excellence

Ten is on a mission to become the most trusted service business in the world. 🌎Technology-driven Product is at the centre of our strategy to create a hugely successful service and business.  Millions of members already have access to Ten's services across lifestyle, travel, dining and entertainment on behalf of over fifty clients including HSBC, Swisscard and Royal Bank of Canada. Ten's partnerships are based on multi-year contracts generating revenue through platform-as-a-service and technology fees.

We have the advantages of already being at scale globally with a critical mass of high net worth members via stable, multi-year revenue-generating contracts.  We already have a market leading consumer proposition and credibility (and many integrations) with the leading suppliers/partners across our ‘big 4’ service categories of restaurants/travel/entertainment and luxury retail. 

We are profitable and the first B Corp listed on the London Stock Exchange (AIM market).

Our plans are to continue to invest into technology (including AI) to become the main way that our members organise their leisure lives.  The next few years will see Ten speed up our progress via our Growth Engine strategy, making the next huge steps to achieve our ambitions together.

For more information, please watch Ten's Growth Engine Video https://tenlifestylegroup.com/investors/#growth-en...

🌟 Join Our Team as a Financial Accountant 🌟

We’re on the lookout for a talented and detail-oriented Financial Accountant to join our dynamic team in Cape Town. If you’re fluent in Mandarin and have a strong background in financial reporting, analysis, and accounting principles, we want to hear from you

As the Financial Accountant for APAC, you will manage the region's financial operations, ensuring compliance with statutory and company requirements, and delivering accurate financial reporting. Your responsibilities include overseeing the monthly close process, preparing financial schedules, journals, and balance sheet reconciliations, as well as handling intercompany invoicing, asset register coding, and aged creditor monitoring.

Additionally, you will be responsible for managing the relationship with external auditors, prepare audit deliverables, and ensure compliance with regulatory and tax authorities. As a trusted banking authoriser, you will maintain strong banking controls and manage relationships with banking partners.

The ideal candidate will be a newly qualified or finalist ACCA, CIMA, ACA, or equivalent, with strong analytical skills, proficiency in Excel, and experience in the hospitality or travel industry. As this role works with APAC counterparts, an ability to understand mandarin is necessary.

Familiarity with Microsoft Dynamics Business Central is highly beneficial. Excellent communication, teamwork, and interpersonal skills, along with the ability to meet tight deadlines, are essential for success in this fast-paced environment.

Key Responsibilities:

Periodic Financial Analysis and Reporting

- Perform the monthly close process for APAC. This includes preparation of monthly schedules, journals and analytical review.
- Balance sheet reconciliation including schedules for Assets, Payroll, Tax among others
- Statutory and Management reporting for APAC.
- Review of Consumption and Income Tax returns before submission by local accountants.
- Monthly closure of bank including reconciliation and revaluations.
- Perform Intercompany invoicing and reconciliations.
- Coding and maintaining the Asset registers and monthly accounting of depreciation.
- Own and oversee all Prepayments and Accruals.
- Ownership of the Account Payable– invoices, authorisations, payments, receipts, cost centres etc.
- Monitoring of Aged Creditors
- Supporting Ops teams by providing necessary reports and analysis
- Assist in yearly audit queries with external auditors

Accounts Payable

- Processing AP invoices as they are received
- Generate weekly pay runs schedules for suppliers to be paid
- Update Cash Flow with weekly pay runs that has been approved
- Communicate with suppliers on queries

Audit & Compliance

- Reporting and compliance with regulatory and Tax authorities, and our travel licensing & bonding associations.
- Preparation of Statutory documents as necessary
- Taking a lead on local Audits and liaising with auditors
- Preparing audit deliverables to deadlines and assisting in Group audits

Cashflow Reporting

- Improving and maintaining the cash flow for the relevant business entities.
- Contributing to delivering APAC Cash Flash on working day 1 of the month-end process.
- Ensuring the banking controls are adhered to, uploading or authorising payments as needed- The role needs to be a Trusted banking authoriser.
- Being the point of contact for our banking partners with the support of the FC.

Other Responsibilities

- Supporting Head of Accounting on projects and tasks.
- Supporting Ops teams by providing necessary reports and analysis.
- Working closely and supporting local management and business.
- Business partnering with the global finance team and wider business.
- Any other tasks and projects required by the wider finance team, on an ad-hoc basis.

Requirements

Your Profile:

Qualifications:

- Newly Qualified - ACCA, CIMA, ACA or Equivalent

- Ability to understand mandarin

Skills

- Outstanding analytical and mathematical skills
- Deliver to tight deadlines, for example, month end closures.
- Respect confidentiality that comes with responsibility.
- Proficient in Excel.
- Self-motivation, excellent communication, teamwork, and interpersonal skills.
- An analytical mind, a keen eye for detail and desire to probe further into data.
- Experience in a hospitality/travel industry is preferred.
- Previous experience in handling accounting and reporting within APAC.
- Good knowledge of Microsoft Dynamics Business Central (Previously Navision) is highly beneficial.

Location 

We are ideally seeking exceptional candidates to be based in Cape Town who are able to commute to the office at least 2 days a week.

Benefits

Benefits & Rewards

Our people are at the heart of the business, and we have a culture of recognition and reward - both through regular appraisals but also annual Extra Mile Awards where we celebrate those who have gone that extra mile in their role. We also encourage all our staff to incorporate their aspirations and interests into their career at Ten and we are there every step of the way in supporting development.

Rewards designed around you:

- A competitive salary depending on experience
- Flexible work arrangements including Hybrid work possibilities ; with up to 60% Home Office.
- Paid time away from work. Our employees enjoy a competitive paid time off package, including a day each year to volunteer time for a good cause that is important to you.
- Paid Sabbaticals. One (1) month paid Sabbatical after every 5 years of Service, without tapping into annual leave
- Extra Rewards. Lucrative Ten Loyalty Rewards program.
- Remote Working Holidays - possibilities to Travel and Work
- Employee Discounts. Access to lots of great travel and entertainment discounts as our clients’ members would
- We also offer a company contribution towards medical aid, and transport home for those working a late shift (applies to those who don't have a car).
- ICAS Employee Health and Wellness (EHWP) services which are confidential and free for all employees to use.
- Safe & secure offices in the Foreshore with complimentary off-street parking.

At Ten, you’ll be part of a global, dynamic, and inclusive team, with diversity at its core and endless opportunities for growth.

Join us and experience a workplace where you can truly thrive. https://tenlifestylegroup.com/ten-tv/ 

Commitment to Diversity 

We encourage diverse philosophies, cultures, and experiences. We appreciate diversity and are dedicated to creating an inclusive work environment for our employees. This idea unites the teams at TEN. All aspects of our relationship, including the decision to hire, promote, discipline, or terminate, will be based on merit, competence, performance and business needs. 

“Ten works with a small, preferred supplier list of recruitment agencies only. Please note we are not accepting any further recruitment agencies at this time. Ten Group is not responsible for any fees related to unsolicited resumes.”