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Trust Accountant

Table View Cape Town, Province of the Western Cape, 7443 Cape Town City Centre, South Africa
Closing date
Jun 23, 2024

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Job Role
Contract Type
Full Time

Want to join a frontrunner in renewable energy that is actively seeking early entry into new markets globally? Since the establishment in 2007, Scatec has acquired extensive knowledge and experience in developing, building and operating solar, wind and hydro power plants and storage solutions. Driven by our company values and competent global workforce, we aim to deliver competitive and sustainable renewable energy globally; protect our environment and improve quality of life through innovative integration of technology; and create shareholder value. We are present on four continents and are headquartered in Oslo, Norway.

Main purpose of position

Currently we are looking for a Trust Accountant in Cape Town to be part of our global team working together towards our vision - Improving our future. As our Accountant you will execute the accounting, administration and reporting process for Scatec SA trusts and Holding companies. The trusts are involved with social economic development activities with specific focus on Community and district trusts, Land rehabilitation trusts, BEE trusts and Holding companies. Manage the accounting, audit, and tax of the group's semi dormant bidding entities. To maintain and improve standard accounting processes and internal reporting.

Main responsibilities
  • Financial Accounting: Processing cashbooks and preparing bank reconciliations for entities
  • Prepare bank reconciliations for several group companies
  • Prepare monthly supplier reconciliations and balance sheet reconciliations
  • Prepare monthly journal entries
  • Report to stakeholders and process dividends
  • Prepare audit files for entities
  • Project entities for REIPPP bid: Review financial statements, prepare audit files and manage tax compliance
  • Payments: Coordinate weekly payment runs (domestic and international)
  • Reviewing of invoices for compliance, e.g., VAT, company details, purchase order
  • Prepare weekly payment batches for entities and resolve supplier and invoice queries
  • Load payments to banking system and store proof of payments and share with relevant parties
  • Bank administration: Maintain users and bank profiles, update signatories, Quarterly reporting for internal audit, and KYC administration for Banking and other institutional requirements

Qualifications and competencies
  • Diploma/Degree in Finance or Accounting
  • Completed Articles Advantageous
  • CaseWare and Bank Administration experience
  • Solid Microsoft Excel experience
  • Understanding of finance function and sub-processes
  • More than 3 years bookkeeping / accounting experience
  • Preparation of basic trial balance is a must
  • Being flexible and experienced with ERP systems would be advantageous
  • Fluent in English, spoken and written
  • Bank Administration Maintain users and bank profiles
  • Update signatories and Quarterly reporting for internal audit
  • KYC administration for Banking and other institutional requirements

Personal characteristics

It is part of every employee's terms of reference to contribute to Scatec's vision: Improving our Future and adhere to our company values which are:
  • Predictable: demonstrate clear communication and listening skills, shares information in an open and honest way
  • Driving results: demonstrate determination, pro-activeness, can prioritise and work independently
  • Changemaker: demonstrate entrepreneurship, can challenge, fast learner, take initiates and adjust
  • Working together: demonstrate teamwork, shares responsibilities, can compromise, has a can-do attitude

For the particular role we also expect
  • Complete STATSA reports
  • To support with compliance - changing directors, CIPC updates, Annual Returns, etc.
  • General support to the Finance team and assisting with ad-hoc queries

We offerScatec is an exciting, innovative, and ambitious company operating in a growing industry. We offer a challenging and interesting position where you will be part of a flexible, diverse, and truly international working environment consisting of highly competent and committed colleagues with a positive drive to make a difference.

Scatec is an equal opportunity employer and values diversity. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, national origin, disability status, protected veteran status, or any other basis protected by appropriate law. All hiring decisions are made based on merit, competence, and business need.

Applications will be processed on a continuous basis.

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