Finance Intern – Junior Accountant GreenCo Power Services Limited

A. About GreenCo Power Services Limited (GreenCo)

GreenCo acts as a regional intermediary offtaker and service provider, purchasing power from renewable IPPs and selling that electricity to utilities and private sector offtakers (i.e. commercial and industrial users) and markets of the SAPP. Through its participation in competitive power markets, GreenCo will promote cross-border power transactions and a more dynamic and liquid short-term power market. Through its activities and bankability, GreenCo will increase the supply of, and demand for, finance for energy projects, and mobilise private sector capital more quickly towards critical and transformative capacity addition. GreenCo is funded and supported by a large group of internal, multilateral organisations and impact investors.

GreenCo’s vision is to lead innovation and sustainably transform renewable energy markets.

• An innovative business model with sector changing potential.
• Focused on creating impact through innovative business solutions in the energy sector.
• Agile start-up culture with a focus on individual responsibility and personal impact.

B. The Role in Context

Finance Intern – Junior Accountant

Purpose of the job:

We are looking for an ambitious Finance Intern – Junior Accountant to provide support to the financial & risk department by managing daily accounting, financial reporting and back office tasks. You will be part of a team of professionals working to maintain order and transparency for the company’s finances and exposure.

Besides book keeping, the incumbent shall support the preparation of financial statements and management reports. The ideal candidate will be well-versed in accounting principles and able to work comfortably with numbers and attention to detail. Additionally an affinity to digital productivity tools as well as a process and workflow oriented thinking is required.

The goal is to contribute to the overall efficient operation of the department and help the company be fully aware of its financial condition. This way it can make the right decisions and accomplish long term success.

Key duties overview:

• Post and process journal entries to ensure all business transactions are recorded.
• Update accounts receivable and payables, issue invoices and perform reconciliations.
• Assist with reviewing of expenses, payroll records etc. as assigned.
• Update financial data in databases to ensure that information will be accurate and immediately available when needed.
• Assist senior accountants in the preparation of monthly/yearly closings and other accounting projects.
• Ensures files are indexed, verified, and available in accordance with company policies, industry standards, and legal regulations.
• Maintains financial records for subsidiary companies by analysing balance sheets and general ledger accounts.
• Reconciles general and subsidiary bank accounts by gathering and balancing information.
• Provides financial status information by preparing special reports; completing special projects to help improve efficiency of the department.
• Maintains accounting controls by following policies and procedures; complying with federal, state, and local financial legal requirements.
• Good understanding of tax matters, both local and international.
• Support coordination of general office administrative office work.
• Updates job knowledge by participating in educational opportunities; reading professional publications, keep abreast with tax changes and changes in the energy sector.

C. Qualifications and Requirements

The candidate is expected to bring a combination of the following experience, personal attributes and qualifications:

• Proven experience (min 2 years) as an Assistant accountant.
• Excellent organising abilities.
• Great attention to detail & confidentiality.
• Good with numbers and figures and an analytical acumen.
• Good understanding of accounting, taxation and financial reporting principles (IFRS) and practices.
• Excellent knowledge of MS Office (especially Excel) and familiarity with accounting software.
• Grade 12 School Certificate.
• BSc/Ba in accounting, finance or relevant field.
• Qualifications (ACA, ACCA or CIMA) and Certifications (CA, ZICA) is an added advantage.

D. Time Commitment

This is a full-time role and whilst the normal working week is 40 hours, it is expected that the ideal candidate will be prepared to both work and travel as required to fulfil the objectives of the business.

E. Conflict of Interest

Potential conflicts of interest must be declared and discussed prior to this appointment.

F. Information about GreenCo

For more information about GreenCo please kindly see: www.africagreenco.com