South Africa Job Openings
Onafriq
AR AP Accountant
Johannesburg
FULL TIME
November 8, 2024
Who We Are
Onafriq is an omnichannel network of networks, making borders matter less by providing our partners with a single pathway to unlock the full power of cross-border and cross-platform payment solutions.
With a network spanning 40 African markets, Onafriq connects over 500 million mobile money wallets, 200 million bank accounts, and 300,000 agents in Nigeria, enabling domestic and cross-border disbursements and collections, card issuing and processing, agency banking, and treasury services.
By connecting global and regional enterprises, mobile money operators, money transfer operators, banks, fintechs, global development organisations, and online and offline merchants, supported by world-class regulatory and compliance capabilities and a strong regional presence in 10 offices in Africa, and others in the UK, US, and China, Onafriq is ushering in a new era of access for people across the African continent and beyond.
The Role
We are looking for an outstanding, detail-oriented, and self-motivated accountant to join the finance team. You will report to the Group Financial Controller and work with the Reconciliation and Settlement Manager and other Analysts and Specialists.
An eye for detail, a can-do attitude, a passion for numbers, and working in a dynamic, fast-paced environment.
The role will be based in Johannesburg, South Africa.
Duties and Responsibilities:
Why work for us:
Onafriq is an omnichannel network of networks, making borders matter less by providing our partners with a single pathway to unlock the full power of cross-border and cross-platform payment solutions.
With a network spanning 40 African markets, Onafriq connects over 500 million mobile money wallets, 200 million bank accounts, and 300,000 agents in Nigeria, enabling domestic and cross-border disbursements and collections, card issuing and processing, agency banking, and treasury services.
By connecting global and regional enterprises, mobile money operators, money transfer operators, banks, fintechs, global development organisations, and online and offline merchants, supported by world-class regulatory and compliance capabilities and a strong regional presence in 10 offices in Africa, and others in the UK, US, and China, Onafriq is ushering in a new era of access for people across the African continent and beyond.
The Role
We are looking for an outstanding, detail-oriented, and self-motivated accountant to join the finance team. You will report to the Group Financial Controller and work with the Reconciliation and Settlement Manager and other Analysts and Specialists.
An eye for detail, a can-do attitude, a passion for numbers, and working in a dynamic, fast-paced environment.
The role will be based in Johannesburg, South Africa.
Duties and Responsibilities:
- Achieve in-depth knowledge of process flows, operational requirements and system design.
- Obtain an understanding of partner data, daily reconciliations and exception handling performed by the reconciliations team.
- Perform daily reconciliations of ARAP, ensuring availability of data and pro-actively escalating where required to source relevant information.
- Investigate, analyse, and clear all reconciliation issues for adjustment to Xero/Net Suite.
- Identify any reconciliation issues and escalating these to responsible parties.
- Ensure finalization of month end close processes and adjustments.
- Actively look for opportunities to standardize processes / automate / re-engineer /eliminate nonvalue added activities and implement them to improve efficiency and drive process, customer and partner journey improvements to drive optimization across the Reconciliation and Settlement function and Group Finance.
- Ensure effective follow ups and escalations, both internal and external, in resolving outstanding reconciliation items, process and system issues, as per agreed SLA.
- Ability to differentiate escalations to various senior levels depending on the nature and impact of an issue/open reconciliation.
- Ensure proper record keeping/archival of all daily/monthly reconciliations, including all related information included, but not limited to, contracts, addendums, written confirmations, important emails and other working papers.
- Drive for results and ensures best practices are in place to achieve highest standards within daily operations.
- Perform revenue assurance checks.
- Maintain effective working relationships with all departments, country and internal stakeholders.
- Understand root-cause analysis of reconciliation errors and issues with clearly articulated mitigation plans.
- Maintain responsibility for your own learning and development and actively identify improvement requirements, internal training and learning opportunities, and mentorship.
- Collaborate with the Group controller, managers, fellow clerks and other finance department members to maintain company financial health.
- Always uphold the values of the Group and Company.
- Bachelor's Degree; in Accounting, Business Administration, Economics, Finance, Mathematics, Statistics, or equivalent work experience.
- Minimum of 2 years’ experience in Banking/Mobile Money Operations with at least 5 years of experience working with finance.
- Strong organizational skills with an impeccable attention to detail.
- Passion for numbers and accounting and derives satisfaction from the numbers balancing.
- Demonstrated ability to work independently.
- Strong analytical and problems solving skills.
- An achievement-orientated and results-driven attitude.
- A taste for adventure and an interest in working in a fast-paced and fun start-up environment.
- Excellent skills in Microsoft Word, Excel, MS Office and Net Suite.
- Experience with Xero software an advantage.
Why work for us:
- We work at the very cutting edge of fintech in Africa.
- We solve relevant problems for Africa and the world in hope of continuing to make an impact on the millions, if not billions, of users who also believe in what we do.
- We have a very diverse work environment with over 28 nationalities represented and continually strive to build a culture of caring and execution.
- We operate a flexible working and unlimited leave policy.
- We offer a competitive salary package and bonuses.
- We prioritize the overall well-being of our staff through various initiatives aimed at ensuring they reach their full potential in a supportive environment.
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