Financial Officer

Financial Officer(Job Reference: 2024-Q4-Fin-Officer-Fin-09042) Organisation

Description:

Technovera is an innovative tech scale-up that focuses on technology inclusion through the development of simple technologies to improve last-mile access in Africa. The organisation has developed Pelebox, a smart locker system that enables patients to collect their repeat chronic medication in under 30 seconds instead of waiting hours on queues at public clinics. We are growing the team as we ramp up the number of communities we serve.

Our mission is to develop, promote and scale inclusive technologies, solving challenges of access to quality healthcare in Africa.

We are looking for a “Financial Officer” to execute, manage and improve our financial accounting management functions. In this role, you would be managing accounting records, continuously evaluating and managing risk, overseeing accounting operations, analysing financial data, monitoring expenditure, and forecasting revenue. You will also coordinate partnerships with external stakeholders on financial statements and auditing processes.

The ideal candidate is someone with strong analytical skills, good at resolving challenges, highly organized with a natural affinity for numbers. They would be joining the team to streamline our accounting functions and operations. They would provide financial analysis and reports. This position will generally oversee general accounting, accounts payable, accounts receivables management and statutory reporting, internal control, tax, and asset management.

If you are skilled and interested in working for a tech-enabled scale-up operating at the intersection of Access to Quality Healthcare, Digital Technology, and Social Impact, then Technovera might be your new home.

Controllership, Accounting Functions, and Tax:

• • Manage business financial transitions – Weekly, Monthly & Quaterly Recons
• • Co-develop and ensure compliance with all accounting procedures, processes, and controls
• • Lead the implementation of improvements and efficiencies where possible, including:
• • Compliance with local fiscal and regulatory compliance for the business, including tax and statutory financial statement filing/submission requirements
• • Lead and execute the Accounts Payable (A/P) process and ensure timely payments in accordance with contractual agreements
• • Lead and execute the Accounts Receivable (A/R) process and deliver accurate, timely, and insightful accounts receivable aging reporting, with a view to improving any A/R balances
• • Manage the month-end & year-end close process for the business
• • Deliver monthly accounting reconciliations for the business and learning reflections
• • Manage the monthly funding processes ensuring that the business operation is appropriately funded, and intercompany balances are settled timely
• • Coordinate the preparation, review, and submission of Project Expense Reports for specific funders on a monthly basis
• • Manage day-to-day relationships with all the business function team leads
• • Manage payroll and associated processes to ensure accurate payroll calculation and timely payment to employees
• • Support Human Resources, Legal, HRIS, and Payroll, as necessary, concerning employment status and payroll
• • Lead tax matters, including VAT compliance/recovery, withholding taxes; tax packages, and statutory tax compliance
• • Coordinate the preparation, review, and filing/submission of Annual, Quarterly, and Monthly Budgets
• • Coordinate the preparation, review, and filing/submission of Quarterly and Monthly Management Accounts
• • Coordinate the preparation, review, and filing/submission of Statutory Financials, and company tax returns with the internal accounting team and accounting service providers
• • Responsible for ensuring that adequate internal controls are maintained
• • Running and monitoring invoicing and income
• • Develop daily/weekly work plan, outline associated daily tasks, targets and report daily and/or weekly on completed actions

Overall Integrity of the Financial Results Management:

• • Prepare, analyze, and compile operational explanations for P/L and B/S versus Budget, and Year-to-Date
• •…