Junior Finance Manager

About CFM

CFM is a leading climate-centric blended finance fund manager. It raises and deploys climate finance funds in partnership at scale and at pace. Through its award-winning model, CFM has created a blueprint for a new generation of climate financiers, whose collective impact can help end the climate crisis. CFM currently manages two emerging market infrastructure funds focused on climate change mitigation and adaptation: Climate Investor One, a c. USD 1 billion fund focused on renewable energy, and Climate Investor Two, a c. USD 1 billion fund focused on water, sanitation and oceans infrastructure. CFM is currently implementing further blended finance initiatives in the green hydrogen, power transmission and cities sectors focused on development, equity, private credit and guarantee financial instruments.

Established in 2015, CFM is a joint venture between the Dutch Development Bank, FMO, and Sanlam InfraWorks, part of the Sanlam Group of South Africa with offices in The Hague, Cape Town, Singapore, Bogota, and Namibia.

Job Purpose

The primary focus of the Junior Finance Manager is to manage and take full ownership of the assigned legal entities from an operational, audit, tax and compliance perspective. The role also supports the Senior Finance Manager in executing various financial accounting aspects of the CFM Group entities which are multi-currency and domiciled in multiple countries.

The Junior Finance Manager will be based in CFM’s Africa office location in Claremont, Cape Town, South Africa.

in our Claremont, Western Cape, South Africa office.  The role reports to the Senior Finance Manager and may require periodic travel within CFM’s regional offices.

1.1  Key Duties & Responsibilities.

The role will chiefly:

• Manage Accounts Payable and Accruals
• Verify invoices.
• Review expense claims, credit card reconciliations and creditors reconciliations
• Code and allocate invoices per chart of account and capture entries in the accounting system (Microsoft Dynamics) for review.
• Capture payments made and reconciled creditors age analysis, ensuring creditors paid per payment terms.
• Maintain creditors database.
• Assist in preparing expense reports for monthly reporting.
• Maintain records of creditors invoices and other supporting information for audit and tax purposes
• Manage Sundry Debtors
• Prepare sundry debtor recovery invoices for review.
• Banking & Treasury
• Prepare bank payments, including international payments.
• Reconcile bank accounts (USD, EUR, ZAR, SGD, COP)
• Journal Entries
• Prepare and post entries for Bank, Debtors, Creditors, and general journals.
• Maintain records for audit and tax purposes.
• Operations support and reporting
• Assist with the internal and external audit.
• Assist with business planning and forecasting.
• VAT/Corporate Tax/Withholding tax
• Assist with preparation of VAT returns.
• Maintain fixed asset registers and IFRS16 lease calculations
• Audit
• prepare monthly management accounts and annual audit pack for the Namibian (Climate Investor 3) group including Dutch holding company.
  • Ensure supporting documentation readily available for audit.
  • prepare reporting packs, annual integrated report and annual financial statements in terms of IFRS.
  • Assist with Namibian (Climate Investor 3) group audit.
• Assist CFM team with special ad-hoc reporting requirements and requests.

1.2 Qualifications, Experience & Skillset

• Qualified CA (SA)
• Minimum 3-4 years' post-article experience
• Knowledge of complex accounting standards
• Financial reporting skills
• Proficient in MS Office Suite
• Financial services / Fund Manager experience advantageous
• Microsoft Dynamics Central business experience would be advantageous
• Experience in multicurrency environment
• Ability to work in a fast-paced performance driven environment

1.3  Competencies

• Devotion to quality
• Results oriented
• Structuring
• Adaptability
• Flexibility
• Analysing and forming opinions
• Situational awareness