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Cape Town City Centre Cape Town Cape Town Region, South Africa
Closing date
Jul 16, 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 an 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: Capture day-to-day transactions on ERP System
  • Bank reconciliations review for several group companies
  • Maintain, review and coordinate the fixed asset register and IFRS16 lease reporting
  • Update and Reconcile balance sheet recons monthly, e.g., Provisions, Accruals, pre-payments, FX Revaluation, cashbook, VAT, update debt-schedules, Utility invoices, IRS swap updates, etc.
  • Inter-company transactions, reporting, confirmations, eliminations, schedules, etc.
  • Financial dimension/project/segment/BU review
  • Travel account and expense claim reconciliation management
  • Complete the Cognos reports and disclosure forms
  • Group and management reporting: Monthly Management reporting queries and analysis of budget vs actual
  • IFRS 15 Revenue and Percentage of completion calculations and reporting
  • Power-BI/ERP Integrated Reporting for monthly management accounts and variance analysis
  • Annual Budget and Forecasts: Detailed cash flow forecasting and financial modelling
  • Domestic Payments: Coordinate payments and payment process
  • Prepare Annual Financial Statements for local reporting.
  • International Payments: Managing SARB applications
  • All Compliance and Taxes: Preparation of the monthly VAT return, filing and payment
  • Preparation of the PAYE and CIT return, filing and payment
  • CIPC and other Statutory submissions

Qualifications and competencies
  • Diploma/Degree in Finance or Accounting
  • 3+ years completed Article or Auditing experience
  • 5+ years commercial experience
  • Excellent knowledge of IFRS & Annual Finance Statement preparation
  • Knowledge of large-scale renewable energy projects, engineering or Infrastructure sectors would be beneficial
  • Being flexible and experienced with ERP systems would be advantageous

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
  • Ability to work under pressure and on own initiative
  • Driven and focused to meet tight deadlines without exception
  • Numerical aptitude and general financial awareness
  • Attention to detail; organized and methodical
  • Driven, always looking for ways to improve and having high aspirations for own work
  • Fluent in English, both written and spoken
  • High social and intercultural competence
  • Able to work overtime according to operational needs
  • Available to travel occasionally

We offer
Scatec 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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