Finance Associate

Company Overview

Spurt! is a technology solutions company that helps entrepreneurs to build more efficient, more productive, and strategic businesses. Our practice is focused on deployments of technology, human-centred design thinking, and data analytics for business growth and expansion. We leverage digital and social technologies to trigger and nurture the transformative growth of businesses. Our group's operations are clustered into five operating arms: S.T.E.P., Paperclip, Solutions, MadeIn! and SpurtX!

Our Profile

Spurt! was founded to develop local companies into regional and global giants. Local companies struggle to scale due to bureaucracy, inaccessible financing, organisational challenges, and sub-Saharan Africa’s geopolitical conditions. Our objective is to catalyse and support the growth of large local companies with sufficient scale and capacity to add value locally and regionally. Our Culture We are a fully remote company and engage individuals passionate about creatively problem-solving and prosperity building for Africa in and from any part of the world. We work long hours solving hard problems and are intentional about being champions of each other’s growth.

Entrepreneurial: This is a business, after all; we need to be building and breaking barriers, which means we don’t just see problems; we create profitable solutions.

Dynamic: You need to be adept at adjusting quickly and effectively to new situations.

Ethical: We absolutely need to be able to trust your ability to do what is right, not just what is expedient, because we will not be micromanaging you.

Resourceful: This is a start-up environment; you will not always have the help or resources you need, but we hope you will be adaptable and resourceful in driving value creation and problem-solving.

Passionate: We are passionate about what we are building at Spurt! and it’s important for your success that you are very passionate, too.

Visionary: It is important that you always hold the big picture in mind, our mission is quite grand.

Sociable: Remote work is hard to do but is made better by people committed to being present, thoughtful, and communicative.

Responsibilities

The ideal candidate is a strategic financial leader with the expertise to drive our growth and success. As a key member of our team, you will play a pivotal role in shaping the financial strategy, ensuring fiscal discipline, and guiding critical business decisions. This is an opportunity for an individual who thrives in a dynamic, fast-paced environment and is passionate about contributing to the mission of a disruptive technology company. In this role, you will have the unique opportunity to:

1. Provide strategic financial counsel: Leverage your financial acumen and business insights to advise the leadership team on financial planning, risk management, and strategic investments that fuel our growth and profitability.

2. Drive financial excellence: Establish and maintain robust financial processes, controls, and reporting systems to ensure transparency, accuracy, and compliance with regulatory requirements.

3. Optimise resource allocation: Collaborate with cross-functional teams to optimise resource allocation, identify cost-saving opportunities, and ensure efficient utilisation of capital to maximise returns on investments.

4. Facilitate decision-making: Analyse financial data, identify trends, and provide insightful analyses to support informed decision-making at various levels of the organisation. Investor relations and fundraising: Play a key role in investor relations, fundraising efforts, and capital management, ensuring effective communication and fostering strong relationships with investors and stakeholders.

5. Mentorship and talent development: Contribute to the development of a high-performing finance team by providing leadership, guidance, and mentorship opportunities, fostering a culture of continuous learning and professional growth.

In your day-to-day life, you will be expected to:

1. Participate in meetings with management, clients, or other team members to discuss sales goals or marketing strategies

2. Maintain knowledge of competitor’s pricing and products Manage all aspects of the financial accounting system, including managing cash flow, and tracking expenditures.

3. Oversee budget and forecast preparation, analyse actual performance against budget or forecast and advise on how adverse variances could be mitigated or averted in the future.

4. Ensure that monthly financial statements and management information are prepared and submitted in a timely manner to enable management/the Board to review and guide the company’s operations effectively.

5. Monitor and ensure client and supplier account balances are updated and reconciled on a monthly basis.

6. Manage the annual external audit process to ensure it is effectively and efficiently completed for a clean audit report consistent with the comprehensive implementation of smooth operating systems within the company’s operations.

7. Establish and maintain relationships with bank relationship managers, regulatory bodies and stakeholders to help mitigate product release issues.

8. Advise team on forex risk and adopt strategies to manage the forex exposure on all transactions

9. Offer support and liaise with HR to determine training and development opportunities for the team.

10. Ensure the effective implementation of financial policies and procedures.

11. Complete and timely filing of statutory returns and compliance with all regulatory financial requirements.