For more than 20 years, Globeleq has been a long-term investor, developer, owner and operator of diversified power projects in Africa, where the company is one of the largest Independent Power Producers. With nearly 1500MW of generation capacity in operation across 14 power plants in 6 countries, 760MW in construction or near operation and >2000MW in development, Globeleq is one of the largest independent power producers solely focused in Africa. Globeleq is 70% owned by British International Investment and 30% by Norfund, the development finance institutions of the UK and Norway, and has a proven track record for supporting the ongoing development of the African power sector.

Globeleq’s various generation technologies include gas, wind, solar PV, battery energy storage (BESS), and geothermal sources. The company is also actively pursuing new opportunities which are emerging from the energy transition, including desalination projects powered by renewables, as well as green hydrogen and ammonia projects.

In this role, the Financial Accountant is responsible for ensuring that the accounting and financial reporting for Globeleq managed operating power plants are maintained accurately and timeously. This role will partner with the operations team to drive performance and efficiency of the power plants.

Application Deadline: April 23, 2025
Department: Finance
Employment Type: Permanent - Full Time
Location: South Africa
Workplace type: Onsite
Reporting To

Key Responsibilities

1. Prepare and Manage transactional and reporting processes:

Complete all calculations and capture necessary month end entries including accruals, tax, deferred tax, intercompany transactions, etc.
Invoicing of revenue and preparation of monthly entries
Maintain fixed asset registers, including creation of new assets and disposals and advising operational team of spend against budget
Prepare balance sheet and key income statement reconciliations
Prepare and present the finance inputs and analysis for monthly shareholder and stakeholder reports and board reports including explanations of key variances
Complete year-end packs
Responsible for completion and filing of tax returns including VAT, Income Tax, WHT, etc.

2. Cash Flow Management:

Partner with operations team managing cash flow forecasts and highlighting shortfalls and compliance with finance agreement ratios
Ensuring that distributions to shareholders occur timeously
Ensure timeous receipts of debtors’ balance and creditor payments
Maintain debt schedules and repayment of debt

3. Statutory and Compliance Reporting:

Prepare quarterly reports to lenders include compliance certificates
Ad hoc compliance reports from various institutions including Stats SA, NERSA, etc.
Report procurement spend for the quarter to the economic development team

4. Budgeting and Forecasting:

Partner with the operations teams on the budgeting and forecasting process
Complete budget reporting templates
Upload of budgets into the accounting system

5. Support the Broader Team:

Ad hoc support to the finance and operations team on items including but not limited to: BBBEE reporting, vendor management, Economic Development reporting, etc.
Undertake ad hoc finance responsibilities in support of the Globeleq group, as appropriate

Skills, Knowledge and Expertise

Skills and Competencies:

Sound technical, business and financial reporting skills
Excellent attention to detail
Delivery-oriented, able to manage time, prioritize and to adhere to strict deadlines
Able to solve problems logically
Willing to travel occasionally within South Africa to Power Plants and Johannesburg office
Excellent verbal communication; includes being responsive, having good listening skills and being able to communicate appropriately with all levels of personnel
Excellent written communication; includes writing clear, concise e-mails and report-writing
Excellent team player; able to balance team and individual responsibilities
Able to self-manage and work well independently
Able and willing to learn quickly
Comfortable working in a fast-paced and challenging environment

Experience, Knowledge and Qualifications:

Minimum Chartered Accountant (CA) (SA) qualification or equivalent NQF level qualification
Minimum 3 years' post-qualifying (or post articles) experience in a commercial and/or corporate environment (outside of audit)
Relevant experience working with Microsoft Office packages (Outlook, Word and Excel)
Relevant working experience with an ERP system
Relevant working experience loading payments on a banking profile
Knowledge of financial systems, financial processes and internal control mechanisms
Renewable energy experience is an advantage
Experience in a shared services environment is an advantage
Experience in a multi-company or multi-entity is an advantage
Experience in an asset-intensive organisation is an advantage

About Globeleq

We develop, own and operate power plants utilising various technologies across the African continent. With many years of international industry experience, the support of committed shareholders, and long-standing project, technology, finance and government partnerships, we have the financial strength, management and operational expertise to power Africa to realise its potential.

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Shortlist Futures aims to unlock opportunities for youth and women in Africa through work experience and inclusive hiring in impactful sectors such as climate and clean energy.