Junior Accountant

Kuda Technologies Ltd; Cape Town; Hybrid; USD 25,000 - 35,000; Full time

Job summary

Kuda Technologies Ltd is seeking a Junior Accountant to support accounting activities and treasury reporting. The role involves managing invoices, ensuring accurate month-end closures, and collaborating with cross-functional teams. Join a diverse team committed to making financial services accessible for all Africans.

Benefits

Pension via Allan Gray

Career development & growth

Competitive annual leave

Travel Insurance

Employee wellness program via Lyra Wellbeing

Medical insurance via Discovery

Award-winning L&D training

Work-life balance initiatives

Qualifications

• 1-2 years of experience in accounting.
• Familiar with IFRS and withholding tax systems.
• Intermediate to advanced Excel proficiency.

Responsibilities

• Responsible for weekly treasury reporting and cash balance management.
• Posting bank transactions and month-end journals.
• Assisting with vendor payables and invoice verification.

Skills

Invoice processing

Time management

Communication

Attention to detail

Data entry

Education

Bachelor's degree in accounting or related field

Tools

Xero

Approval Max

Job description

Summary
Kuda is a money app for Africans on a mission to make financial services accessible, affordable and rewarding for every African on the planet. We're a tribe of passionate and diverse people who dreamed of building an inclusive money app that Africans would love so it's only right that we ended up with the name 'Kuda' which means 'love' in Shona, a language spoken in the southern part of Africa.

We're giving Africans around the world a better alternative to traditional finance by delivering money transfers, smart budgeting and instant access to credit through digital devices.
We've raised over $90 million from some of the world's most respected institutional investors, and we're rolling out our game-changing services globally from our offices in Nigeria, South Africa, and the UK.

Role Overview
We are looking for a Junior Accountant to join our friendly and geo-dispersed team which is currently located across several offices around Africa and the UK. This role will be supporting and reporting directly to the Accounting Manager.

The role will initially focus on supporting of accounting activities, treasury reporting, assisting in month end closure activities, account payable management, invoice verification, supplier verification as well as providing support in supplier balance reconciliations.

Responsibilities

• Responsible for weekly treasury reporting to the management and ensuring there is always sufficient cash balance for day to day working capital requirements
• Posting of bank transactions and reconciling bank balance on accounting software with bank statements
• Posting of month end journals including but not limited to accruals, prepayment, intercompany transactions
• Assist with accurate and timely closure of month end activities
• Support in preparation of internal and other financial reports
• Verifying invoices and ensuring appropriate documentation i.e. workings or agreement
• Work with cross functional teams to resolve vendor and invoice processing matters
• Timely reconciliation of vendor payables
• Preparation of bank mandate and the first point of contact with the bankers
• Responsible for setting up payments on banking platforms.
• Actively monitoring the AP inbox and Approval Max (automated system) and addressing all AP related queries
• Ensuring correct and consistent coding of expense and department in Approval Max.
• Assisting with the implementation of new accounting systems across the group.
• Suggesting ways to improve the day-to-day accounting processes
• Other Ad hoc duties as may reasonably be requested by Accounting Manager and CFO

Requirements

• Bachelor's degree in accounting or related field
• Having 1-2 years of experience in accounting field
• Invoice and/or payments processing knowledge
• Knowledge of accounts payable procedures and regulations
• Familiar with IFRS and withholding tax systems is beneficial
• Experience with working on Xero and an automated approval system.
• Ability to work independently and strong time management skills
• Strong communication skills and attention to detail
• Intermediate to advanced excel proficiency
• Strong data entry skills
• Team Player and self-starter
• Strong interpersonal and business partnering skills
• Able to Organise, Prioritise and take ownership of the task assigned

Benefits

Why join Kuda?
At Kuda, our people are the heart of our business, so we prioritize your welfare. We offer a wide range of competitive benefits in areas including but not limited to:

A great and upbeat work environment populated by a multinational team

Pension via Allan Gray

Career development & growth

Competitive annual leave plus bank holidays

Competitive paid time off (Parental, Moving day, Birthday, Study leave etc)

Travel Insurance

YuLife - rewards for reaching health and fitness goals

Employee wellness program via Lyra Wellbeing

Goalr - employee wellness app

Medical insurance via Discovery

Award winning L&D training

Well-fare package (Wedding, Compassionate and etc)

We are advocates of work-life balance, working in a hybrid in office schedule

Kuda is proud to be an equal opportunity employer. We value diversity and anyone seeking employment at Kuda is considered based on merit, qualifications, competence and talent.
We don't regard colour, religion, race, national origin, sexual orientation, ancestry, citizenship, sex, marital or family status, disability, gender, or any other legally protected status. If you have a disability or special need that requires accommodation, please let us know.