Financial Accountant – Large-scale – Maputo, Mozambique

Main purpose of position
Currently we are looking for a Financial Accountant in Maputo, Mozambique to be part of our global team working together towards our vision – Improving our future. As our Financial Accountant, you will be responsible to prepare and manage the local and group (international) financial reporting processes, provide operational support to the line organization with regards to project planning and execution (including business development, EPC, O&M and asset management). This position covers ensuring compliance in all aspects of internal and external financial reporting and administration of tax for the portfolio of Scatec companies.

Main responsibilities

1. Prepare and manage the accounting and tax function 

  • Manage and optimise accounting software (Microsoft Dynamics 365).
  • Dual currency reporting (USD and MZN).
  • Ensure compliance & adherence to Local Tax and Accounting principles (PGC-NIRF).
  • Adherence to internal control procedures related to the company’s business.
  • Assist with the registration for direct and indirect taxes, including incentives.
  • Assistance to the operational project team.

2. Tax 

  • Prepare tax recording and reporting.
  • Annual Corporate Income Tax (CIT) Calculations.
  • Monthly submissions of Modelo A, IVA (VAT) and  Modelo 19 IRPS (PAYE) as well as social security (INSS) for all the registered offices before deadlines.
  • Render assistance in any tax field audit, if any, conducted by Recebedoria da Fazenda {Tax Department).

3. Annual Budget and Forecasts 

  • Detailed cash flow forecast and financial modelling for 20-year Project life.
  • Assist in the budgeting and forecasting in accordance with operating plans and Group policies.

4. Monthly Financial and Management Reports

  • Maintain accounting records including data entry of complete and accurate data for day to day business transactions.
  • Load payments on online banking.
  • Make sure all accounting documents are properly filed and traceable.
  • Prepare accounting documents and monthly schedules.
  • Prepare reconciliations such as bank and debtor/creditor reconciliations.
  • Assist in the assessment of accounting matters and prepare accounting memos (PGC and IFRS).
  • Monitor monthly actual results against the budget and prepare an overall review and analysis of the variances.
  • Report on variances to all stakeholders (lenders, shareholders, and directors).
  • Perform other accounting finance-related duties or tasks as assigned from time to time.

5. Audit (External and Internal) 

  • Provide assistance to the auditors in their field work.
  • Assist in the planning, coordinating, and monitoring of the statutory audit of the business units.
  • Prepare Annual Financial Statements for local and group reporting.

6. Treasury and Banking

  • Manage and monitor cash flows.
  • Process payments for suppliers and Invoices for electricity sales.
  • Reconcile bank accounts.
  • Ensure that the business units’ funding requirements are adequate, and servicing of such borrowings is properly managed.
  • Assist in the follow-up of the bond financing of the projects.

Qualifications and Experience 

  • University level degree or equivalent, preferably with specialization in Finance, Accounting.
  • Solid academic results.
  • Comprehensive excel skills.
  • OCAM (Mozambican Institute of Accountants and Auditors) registered will be an added advantage.
  • 3 years of experience within accounting, tax, VAT, customs, controlling, budgeting and internal controls.
  • IFRS and local accounting regulation knowledge and experience.
  • Preferred experience from the Renewables, Real Estate or Infrastructure sectors or from other industries/ companies with strong financial practices.
  • Excellent communication skills.
  • Dedicated and someone who takes “ownership” to tasks and responsibilities, flexible, adaptable and solution-oriented.
  • Organized and methodical, a hands-on “doer” with attention to detail, able to handle complicated models and large contracts.
  • Good work ethic and committed to achieve strict deadlines.

Personal characteristics

  • Excellent communication skills.
  • Dedicated and someone who takes “ownership” to tasks and responsibilities, flexible, adaptable and solution-oriented.
  • Organized and methodical, a hands-on “doer” with attention to detail, able to handle complicated models and large contracts.
  • Good work ethic and committed to achieve strict deadlines.
  • High level of integrity, self-reliant and loyalty to the company, the team and the project.
  • Ability to work under pressure and on own initiative.
  • A self-starter.
  • Driven, always looking for ways to improve and having high aspirations for own work.
  • Social and intercultural competence able to coordinate and communicate with external parties and to manage work of others.
  • Fluent in Portuguese and English, both written and spoken.

Additional information

  • Must be able to work overtime according to operational needs.
  • Must have a valid driver’s license.
  • Must be fluent in Portuguese and English.

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.

It is part of every employees’ terms of reference to contribute to Scatec’s vision: Improving our Future and adhere to our company values which are:

  • Predictable
  • Driving results
  • Changemaker
  • Working together

Apply Here