Soma Capital Portfolio Jobs

Senior Manager, Financial Reporting



Accounting & Finance
Sandton, South Africa
Posted on Saturday, June 1, 2024

Flutterwave was founded on the principle that every African must be able to participate and thrive in the global economy. To achieve this objective, we have built a trusted payment infrastructure that allows consumers and businesses (African and International) make and receive payments in a convenient borderless manner.

The Role: As a Senior Manager, Financial Reporting, you will play a crucial role in maintaining accurate financial records and ensuring compliance with relevant accounting standards and regulations. This position offers an exciting opportunity to join a dynamic team and contribute to the company's growth and success.

Location: Candidates from East and South Africa

Responsibilities include but are not limited to:

  • Lead the preparation and analysis of financial statements, including income statements, balance sheets, and cash flow statements, in accordance with GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards).
  • Manage the consolidation process for multiple entities, ensuring accurate and timely reporting of financial results on a monthly, quarterly, and annual basis.
  • Conduct thorough analysis of financial data to identify trends, variances, and opportunities for improvement. Provide insights and recommendations to senior management based on financial performance.
  • Develop and implement internal controls to safeguard company assets and ensure compliance with financial regulations. Regularly review and enhance control procedures to mitigate risks and improve efficiency.
  • Coordinate with external auditors to facilitate the audit process and ensure compliance with audit requirements. Prepare necessary schedules and documentation to support audit inquiries.
  • Stay abreast of changes in accounting standards and regulations, and ensure compliance with relevant laws and guidelines. Provide guidance to the finance team on accounting treatment for complex transactions.
  • Continuously assess and improve financial reporting processes and systems to enhance accuracy, efficiency, and scalability. Identify opportunities for automation and streamline reporting workflows.
  • Mentor and develop a team of financial professionals, providing guidance, support, and training as needed. Foster a culture of collaboration, excellence, and continuous learning within the finance department.

Required competency and skillset to be a Waver:

  • Bachelor's degree in Accounting, Finance, or a related field. ACA, ACCA, CPA or equivalent qualification preferred.
  • 10+ years of progressive experience in financial reporting, accounting, or audit roles, preferably in a technology or financial services company.
  • Strong understanding of IFRS, OHADA, GAAP and other relevant accounting standards.
  • Experience with consolidation and multi-entity financial reporting.
  • Proficiency in financial analysis, including the ability to interpret complex financial data and communicate insights effectively.
  • Solid understanding of internal controls and compliance requirements.
  • Excellent leadership and interpersonal skills, with the ability to motivate and inspire team members.
  • Advanced proficiency in Microsoft Excel and accounting software applications.
  • Experience with ERP systems (e.g., Oracle, SAP) and financial reporting tools (e.g., Hyperion, Workiva) is a plus.
  • Strong analytical, problem-solving, and decision-making skills.
  • Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.

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