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Financial Accountant
full-timeCape Town

Summary

Location

Cape Town

Type

full-time

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About this role

Who we are

Yoco was founded in 2015, and we’ve been breaking down barriers, unlocking economic opportunities and opening commerce for people to thrive ever since.

We’re the payments provider for over 200,000 self-employed, and process over US$3 billion annually.

We have ±350 team members globally, all with a bias for boldness and a passion for simple, progressive solutions. We believe in uniting different people to solve hard problems, together.

Our mission of making society more equal requires a variety of people, with different backgrounds and points of view, to keep building solutions that make life easier for emerging businesses.

We’re growing fast. With growth comes compelling challenges. If you’re an ambitious problem-solver, with big ideas, a passion for doing good, bright, grounded and courageous; you’re likely to thrive at Yoco.

We don’t stop pushing. We break things to rebuild. We challenge ourselves and each other. We’re constantly evolving - and we’re doing it fast.

Grow With Us.

About the role

The Financial Accountant (Revenue & Inventory) is responsible for managing all accounting activities related to revenue recognition, inventory, margin, stock purchases, foreign currency transactions, and related transaction fees. The role is critical in producing accurate, complete, and timely financial information while ensuring strict compliance with IFRS, internal accounting policies, and statutory requirements.

The role works closely with the Accounting Operations Manager, Revenue Assurance, Supply Chain, Operations, and Legal teams and acts as the finance owner and leader for inventory and stock-related processes, driving strong controls, insightful reporting, and continuous improvement.

What you will be doing




Revenue, Margin & Transaction Fees
  • Ensure accurate and timely processing of revenue and margin transactions across all product streams.

  • Review contract terms in collaboration with Legal and Revenue Assurance teams to assess revenue recognition implications in line with IFRS 15.

  • Track, reconcile, and analyse transaction fees impacting revenue and margin, ensuring completeness, accuracy, and appropriate allocation.

  • Perform detailed financial analysis of revenue streams, margins, and transaction fees, identifying trends, discrepancies, and areas for improvement.


    Inventory, Stock Purchases & Foreign Currency Tracking

  • Ensure inventory balances are accurately recorded and valued in accordance with IAS 2 (Inventories).

  • Account for stock purchases end-to-end, including correct recognition, cut-off, pricing, and reconciliation to supplier documentation.

  • Track and account for foreign currency stock purchases, including monitoring FX rates, recording remeasurements, and accounting for realised and unrealised foreign exchange differences in line with IFRS.

  • Monitor and assess inventory valuation methodologies (e.g. weighted average) and provide insights to support cost control and margin optimisation.

  • Lead month-end and year-end inventory reconciliations, ensuring all adjustments are accurate, complete, and well supported.

  • Partner with Supply Chain and Operations teams to optimise purchasing, inventory management, and stock movement processes.


    Stock Reporting, Analysis & Finance Leadership

  • Prepare and maintain accurate reporting of stock items, including movements, valuations, ageing, and obsolescence.

  • Develop and enhance stock analysis, providing insights on turnover, margins, cost drivers, slow-moving or obsolete stock, and operational efficiency.

  • Act as the finance lead for stock and inventory, owning the integrity of stock-related financial data across the business.

  • Drive improvements in stock-related finance processes, controls, and reporting, positioning finance as the trusted authority on inventory matters.


    Financial Close, Reconciliations & Reporting

  • Maintain accurate and timely balance sheet and income statement reconciliations and supporting schedules.

  • Ensure all month-end and year-end close processes are executed timeously and accurately.

  • Prepare reports, calculations, and supporting schedules for annual financial statements and disclosures.

  • Apply appropriate accounting principles to record, adjust, and reconcile transactions, maintaining a strong audit trail and supporting documentation.


    Systems, Controls & Compliance

  • Ensure the integrity, accuracy, and completeness of data within the ERP system (Oracle NetSuite).

  • Ensure adherence to accounting policies, procedures, and professional standards, recommending enhancements where required.

  • Monitor and analyse accounting data to ensure the ongoing accuracy and integrity of the organisation’s financial records.


    Audit, Stakeholder Support & Team Enablement

  • Liaise with external auditors, ensuring timely provision of high-quality supporting documentation.

  • Respond to and resolve finance-related queries from internal stakeholders relating to revenue, inventory, stock purchases, FX, and transaction fees.

  • Support and guide the Assistant Accountant in the accurate processing of revenue- and inventory-related transactions.


    Projects & Continuous Improvement

  • Support finance transformation initiatives and ad-hoc projects as required by the business.

  • Contribute to process and system design discussions, clearly articulating end-to-end revenue and stock flows.

About you




Qualifications & Experience
  • Bachelor’s degree in Accounting or a related field.

  • Relevant professional accounting qualification (e.g. SAICA, ACCA, CIMA or equivalent).

  • Proven experience as a Financial Accountant or similar role within a finance team with at least 2 years experience.



Technical Expertise

  • Strong working knowledge of IFRS 15 (Revenue) and IAS 2 (Inventories).

  • Experience accounting for foreign currency transactions and FX impacts.

  • Solid understanding of bookkeeping, accounting principles, standards, laws, and regulations.

  • Working knowledge of taxation and VAT.

  • Advanced Excel and Google Suite skills.

  • Strong ERP experience (Oracle, SAP, or NetSuite), with the ability to adapt to new technologies and systems.


    Personal Attributes

  • High attention to detail with a strong focus on accuracy and timeliness.

  • Strong analytical capability with the ability to translate data into actionable insights.

  • Confidence to act as the finance authority for inventory and stock-related matters.

  • Comfortable operating in a fast-paced, evolving fintech environment.

  • Ability to clearly articulate and demonstrate process and system design during finance transformation initiatives.

The people we’re looking for

We’re looking for people who want to grow and have a thirst for learning. And as Yoco grows, we hope they stay with us for the long-term.

Building solutions for a more equal society is a daunting task - and it’s not for everyone. We never stop pushing, we break things to rebuild, and we challenge ourselves and our teammates. We start over, we constantly evolve - and we do it fast. We know that it’s just the right kind of meaningful madness for our kind of visionary human.

So, who are you? You’re someone who resonates with our mission and our values, and you’re relentlessly effective in your execution.

You’re a curious problem-solver with a passion for doing good. You’re bright, grounded, experimental and bold. You play open cards and get stuck in. You’re not afraid of change. You close the loop.

At Yoco, we laugh, embrace each other’s quirks, and support one another’s growth, all while staying authentic.

If this sounds like your kind of challenge, apply below and come grow with us.

We encourage applicants from diverse backgrounds to apply and ask that you please send your application in English and help us reduce unconscious bias by leaving out your picture, age, address, and other unnecessary information in your CV.

Other facts

Tech stack
Financial Accounting,Revenue Recognition,Inventory Management,Foreign Currency Transactions,IFRS,Analytical Skills,ERP Systems,Excel,Google Suite,Attention to Detail,Bookkeeping,Taxation,Reporting,Process Improvement,Stakeholder Management,Team Leadership

About Yoco

Yoco is the all-in-one digital commerce platform for small businesses.

As one of Africa’s largest fintech companies, we make it easy to sell anywhere, manage your business from anywhere, and grow with smart insights—all under one Yoco profile.

Founded in 2015, we've helped over 200,000 small businesses across South Africa accept card payments and access capital—often for the first time.

Our ecosystem of payments, software, and tools works seamlessly under one Yoco account. Behind it all is a global team of 350+ people across South Africa and the Netherlands, building world-class solutions for small business growth.

Awards and Accolades:

CNBC: Top 250 innovative fintech companies (2024)
Brand Africa Award: Top 3 Inspirational Youth-Founded Companies (2024)
Financial Times Africa: Fastest Growing Companies (2022)
Fast Company: Best Workplaces for Innovators (2020 + 2021)

Team size: 501-1,000 employees
LinkedIn: Visit
Industry: Financial Services
Founding Year: 2015

What you'll do

  • The Financial Accountant is responsible for managing accounting activities related to revenue recognition, inventory, and transaction fees, ensuring compliance with IFRS and internal policies. The role involves collaboration with various teams to drive strong controls and insightful reporting.

Ready to join Yoco?

Take the next step in your career journey

Frequently Asked Questions

What does a Financial Accountant do at Yoco?

As a Financial Accountant at Yoco, you will: the Financial Accountant is responsible for managing accounting activities related to revenue recognition, inventory, and transaction fees, ensuring compliance with IFRS and internal policies. The role involves collaboration with various teams to drive strong controls and insightful reporting..

Why join Yoco as a Financial Accountant?

Yoco is a leading Financial Services company.

Is the Financial Accountant position at Yoco remote?

The Financial Accountant position at Yoco is based in Cape Town, Western Cape, South Africa. Contact the company through Clera for specific work arrangement details.

How do I apply for the Financial Accountant position at Yoco?

You can apply for the Financial Accountant position at Yoco directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Yoco on their website.