South Africa Job Openings
HyperionDev
Finance Manager
Cape Town
November 7, 2024
ABOUT US
Hyperion Dev is one of the largest providers of accelerated tech education in EMEA and one of the oldest providers of 'coding bootcamps' in the world. We work with top universities such as Imperial College London, The London School of Economics, The University of Edinburgh, and Stellenbosch University to deliver structured technical courses and bootcamps that accelerate people into fulfilling tech careers. We have been recognised as one of the top education technology scaleups in the world and gained the financial backing of Meta (previously Facebook) which recognised us as the most socially impactful startup operating in Africa, where we initially started our work.We are dedicated to closing the global tech skills gap and we achieve this by integrating tech education with human mentorship and expert code review powered by a workforce in Southern Africa, which lowers the cost of an accessible education in technology. This model has been successful, allowing us to reach millions of learners a year from over 60 countries. We have also partnered with government bodies such as the UK's Department for Education who provide scholarships for students to study on our bootcamps and gain employment at companies such as Astra Zeneca and the United Kingdom's National Health Service (NHS).
We're backed by nearly 2000 investors, having raised the largest crowdfunding round of funding for an edtech company in history. As a primarily bootstrapped, profitable, and scale up tech business join us as we play our part in making the world a more stable, safer, and fair place.
ABOUT THE ROLE
We are looking for an experienced and knowledgeable finance manager to drive the company's financial operations.In this role you will work under and directly report to the Head of Finance in financial reporting and analysis of the business, preparations of financials for management or audit, budgeting and forecast modelling, supporting compliance, cost analysis and management, tax management, payroll and managing payments to suppliers.
You will be part of a passionate and dedicated Finance team, supported by an external accounting firm/specialist where needed.
This is a unique opportunity to join one of the largest education technology startups in Africa and directly support our management team in key decision-making decision-making.
RESPONSIBILITIES
Preparing management reports- Preparing monthly management reports.
- Commentary on monthly accounts (overall and departmental).
- Ensure timely monthly accounts closing and reporting to group deadlines.
- Preparing monthly reports of financial performance by division, department and entity.
- Reviewing the reconciliation of bank accounts, supplier accounts, customer accounts and balance sheet items.
- Preparing monthly flash reports
- Modelling expenses and revenues to help forecast the company P&L and cash-in-bank on a monthly and annual basis.
- Analysing business data to provide feedback on operational performance, optimising costs and planning revenue growth.
- Identifying areas of improvement to make financial reporting more useful and actionable for strategy-setting.
- Responsible for maintaining accurate and complete financial records - overseeing and reviewing transactions, with hands-on intervention when necessary.
- Evaluate and implement controls to ensure efficiencies in the financial processes
- Overseeing customer invoice management and payments to suppliers.
- Liaising with our business bankers for administrative and other requirements.
- Reviewing payroll and monthly payment runs.
- Drive the continuous improvement of end-to-end accounting practices
- Management of Fixed Asset Register
- Preparing regular operational cash flow forecasts
- Reviewing and submitting PAYE, NI and VAT for the UK and SA companies.
- Support in preparing for and meeting statutory, regulatory and investor reporting requirements.
- Managing the annual financial audit and preparing the annual accounts
- Submitting annual returns for UK and SA companies
- Preparing Company tax computations
REQUIREMENTS
Minimum:
- CA/ACCA/CIMA qualification
- At least 4 years of financial reporting experience
- Experience and understanding of South African VAT, PAYE, UIF, SDL requirements
- Experience and understanding of applicable financial regulations and compliance requirements
- Experience in managing Accounts Receivable and Accounts Payable
- Exceptional attention to detail
- Excellent written and verbal communication skills
- High level of planning and organisation skills
- Ability to handle sensitive, confidential information
- Extensive experience creating and maintaining financial models
- Proven financial forecasting and diagnosis knowledge, corporate finance, and information analysis.
Preferred:
- Experience using Xero or an equivalent accounting system
- Exposure to US accounting and tax practices
- Experience in carrying out due diligence and M&A activities
- At least 2 years of experience managing a team
- Prior experience in the tech or education industries.
BENEFITS
Flexible & remote working: We are a remote-friendly organisation and offer flexible work options.Annual leave: We provide up to 25 annual leave days as part of our leave policy.
Join the heart of tech in Africa, the US, and Europe: You'll work with the best of the best and rub shoulders with the world leaders in edtech, developer education, and developer assessments. Join one of the most ambitious and highest-performing tech companies in the space, with a founding team that draws their former experience from companies such as Google, Amazon, Get Smarter/2U, & Yoco.
Life-changing work: Solve real problems that make education and tech careers accessible to those who need it most: you're allowed to brag about it.
OUR VALUES
Equity: As a senior leadership role within the company, you may be eligible for direct ownership in the business through our stock option scheme. The company has been approached for acquisition by a number of billion-dollar leaders in the tech education space, is backed by investors from the US, UK and South Africa, and we want you to directly share in the success of the business.Flexible & remote working: We are a remote-friendly organisation and offer flexible work options.
Annual leave and medical benefits: We provide up to 25 annual leave days as part of our leave policy, as well as health insurance or medical aid benefits for our staff.
Join the heart of tech in Africa, the US, and Europe: You'll work with the best of the best and rub shoulders with the world leaders in edtech, developer education, and developer assessments. Join one of the most ambitious and highest-performing tech companies in the space, with a founding team that draws their former experience from companies such as Google, Amazon, Get Smarter/2U, & Yoco.
Life-changing work: Solve real problems that make education and tech careers accessible to those who need it most: you're allowed to brag about it.
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