Job description

Job Overview

As a Finance Assistant at Hydrobox Group, including Yetu Smart Grids, Magiro Hydroelectricity Limited and Hydrobox Infrastructures SEZ, the role primarily supports financial operations. Responsibilities include bookkeeping & data entry, financial documentation, and providing support to the finance team. 

Duties & Responsibilities

1) Accounting & Book-keeping excellence 

• Accurately recording of invoices, receipts, and payments into QuickBooks and ensuring categorization of expenses to the correct cost centers. 

AP Management:  

• Ensure invoices are accurate and tax compliant, and promptly recorded. 
• Co-ordinate with the procurement team to obtain proper documentation. 
• Fully reconciled supplier accounts. 

AR Management: 

• Timely and accurate invoicing. 
• Follow-up for payment of open invoices as per the credit policy. 
• Fully reconciled customer accounts. 

2. Reporting 

• Assist in the preparation of management reports:  
• CAPEX Budget Vs Actuals 
• Sales Budget Vs Actuals 
• Updating the cashflows. 
• Ensuring the books are current and accurate. 

3. Financial Compliance 

• Ensure timely and accurate invoicing, accurate accounting books, and compliance with the relevant tax laws. 
• Proper filing and maintenance of financial records to be accessible on demand. 
• Ensuring timely remittance of tax returns and payment thereof. 
• Assist in annual financial audits. 

4. Petty Cash Management 

• Responsible for managing petty cash funds. 
• Processing payments. 
• Reconciliation and reporting. 
• Ensuring adequate funds to support operations. 

5. Stewardship and Control 

• Enforce financial controls to ensure compliance with company principles, professionalism, quality expectations, and legal obligations. 

6. Financial Excellence 

• Staying up to date with current financial trends on best finance practices. 

Key Skills and Competencies:

• Financial Reporting  
• Attention to Detail 
• Stakeholder Communication 
• Continuous Improvement 

Minimum Qualifications:

• A bachelor's degree in finance, accounting or a related field
• An accounting certification such as ACCA/CPA
• At least 1-2 years of experience in a similar role