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Finance Manager

Scatec Solar

Scatec Solar

Accounting & Finance
South Africa
Posted on Wednesday, April 24, 2024

Finance Manager

Job Locations ZA-Cape Town
Job ID
Location : City
Cape Town
Location : Country (Full Name)
South Africa


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 the role
Currently we are looking for a Finance Manager in Cape Town, South Africa to be part of our global team working together towards our vision – Improving our future. This position is working for a leading global renewable energy company and requires an experienced manager who will ensure complete, accurate and timeous accounting process up to trial balance and to perform monthly internal reporting and analysis, support audit preparations and audit fieldwork enquiries. To provide relevant and up-to-date information and reply to ad hoc queries in relation to asset management, EPC and O&M. Mentor and grow senior accountants.

Main responsibilities

  • Maintain accounting function, ERP system the local finance organization and established procedures and controls for all relevant finance processes.
  • Maintain internal control procedures over all business processes.
  • Monthly Financial and Management Reports: Oversee the general accounting function, maintain accounting records including data entry of complete and accurate data for day-to-day business transactions.
  • Ensure the updating of the debt amortization schedules as and when required, the updating of periodic financial and cash budgets and carry out the budget-to-actual variance analysis when required.
  • Ensure invoices, collection of revenues, incoming invoices and reconciliations are correctly accounted for and/or are correctly and timeously processed.
  • Prepare monthly management accounts and group reporting to the head office
  • Cash Flow Management of the Treasury Function (local banking relations, accounts required and FX risks).
  • Intergroup transaction recording, reconciliation, and management.
  • Manage Central Bank and other government approvals for optimal operations.
  • Annual Budget and Forecasts: Assist in the budgeting and forecasting in accordance with operating plans and Group policies.
  • Internal Control over Financial Reporting: Design, implement and maintain the company’s books based on group guidelines.
  • Be responsible for the Scatec SSA monthly IFRS reporting to Group.
  • External audits and reviews: Assist in the planning, coordinating, and monitoring of the statutory audit of all business units under his/her control.
  • Tax: Ensure that all direct, indirect (VAT) and payroll tax returns are filed and all taxes, levies and duties are timely and correctly paid and generally be responsible for tax compliance.
  • Mentor, coach and manage accountants

Qualifications and competencies

  • Bachelor’s Degree in Accounting, Finance, Management Accounting, or equivalent with solid academic results
  • Professional qualification such as CA (SA), CMA or MBA
  • 3-5 years of experience in a senior position within the areas of finance, accounting, auditing, tax, and internal controls
  • Preferred experience from the Renewables, other industries / companies with strong financial practices
  • Expertise in IFRS accounting and internal controls and general Tax knowledge

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 this particular role we also expect

  • Business Savvy - demonstrate understanding of strategy and priorities of the business, risk taking, value adding, goal oriented
  • Ability to thrive in a fast-paced environment and maintain perspective in the midst of changing timelines and rapid decision making.
  • Detail-oriented and capable of driving multiple projects simultaneously
  • Influencer demonstrate credibility, responding convincingly to challenge, influence decisions of higher management and provides direction
  • Strong interpersonal skills, professionalism, and ability to work closely with members of different business groups and functions of a global company at all levels
  • Proactive thinker energised to solve challenges

Additional information:

  • Must be able to work in an open-plan office environment
  • Must be able to work overtime according to operational needs

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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