Stellenbosch University LaunchLab (“SU LL”) is Africa’s leading University Business Incubator focused on transforming seemingly impossible ideas into world shaping businesses. Focusing on the 0 to 1 journey for early stage ventures allows SU LL to build the next generation of high impact, sustainable companies across University Technology Transfer, Climate, AgriTech and FoodTech. Over 250 companies have come through our programs resulting in over $30M USD of funds raised, $32M of annual revenue and 250+ jobs created.
The goal is to contribute to the overall efficient operation of the department and help the company be fully aware of its financial condition. This way the company can make the right decisions and accomplish long term success. This is a role that can grow into a much larger engagement with a clear pathway to Finance Director and even CFO in the next 12-24 months.
If you have 5+ years of finance experience, a passion for the startup world and wish to make a difference within SU LaunchLab then this will be an incredible opportunity for you.
Position: Global Finance Manager
Hours: Full-time employment
Reporting: Reports directly to CEO
Fixed Salary: R30 – 45k per month
Variable Salary: Incentive Package including quarterly bonus, annual profit sharing & payouts based on liquidity events of portfolio companies
Start Date: 15 July 2021 or earlier
Core Responsibilities include:
- Reconciling information on cloud-based accounting software Xero
- Bank reconciliations
- Creditor reconciliations
- Debtor reconciliations
- Issuing customer invoices timely and accurately
- Debtor management
- Processing expense invoices and employee expense claims in Dext
- Monthly payroll processing in SimplePay
- Keeping procedural documentation up to date
- EMP201 return, submit to SARS
- Responsible for all payments within the company using Nedbank Business Dongle.
Advanced Responsibilities include:
- Providing information and resolving team queries.
- Assist in the preparation of monthly management reports for improved decision-making.
- Assisting in the compilation of tax returns to ensure compliance across payroll, VAT and income tax.
- Provide clerical and administrative support to management if required.
- Follow up on outstanding creditors, maintain records and provide reports as required.
- Ensure that all financial records are accurate and timely for end of financial year audits.
- Assist with office projects – providing specific bookkeeping support, research and report writing etc.
- Comply with general office policies, procedures and all legal requirements.
- Undertake any other specific duties as required by the CEO.
Required knowledge, Skills and Abilities:
- Computer processing skills, general accounting and bookkeeping training, record-keeping practices and training, or related job experience of greater than two years in a similar position.
- Highly motivated with an ability to solve practical problems and follow written, verbal or other instructions with several concrete variables.
- Attention to detail and the ability to organize complex information neatly and accurately.
- Strong organizational and time management skills.
- Self-directed with an ability to learn a systematic approach to accounting and to follow the approach without direction to maintain the integrity of the financial data.
Minimum requirements and qualifications:
- 5+ years experience of management in operational management, management accounting and financial management.
- Bachelor’s degree/ Diploma in finance or accounting from a top university
- Preferably working towards a professional qualification eg CA(SA), CIMA etc
- Extensive experience with Xero accounting
In order to apply, please submit the following information here:
- Curriculum Vitae
- Video of 60 seconds or less discussing your ‘why’ for working with SU LaunchLab
- Motivation Letter of 250 words or less describing your applicable experience in Financial Management and vision for the role
We look forward to transforming seemingly impossible into world-shaping with you!