Finance Manager (CA)
Location: Cape Town, South Africa
About Jabu
We’re shaking up Africa’s financial landscape by digitizing cash transactions with smart devices. Backed by Y Combinator and world-class investors, Jabu is scaling fast, building real impact across the continent.
Key Responsibilities
Core Financial Management
- Oversee day-to-day accounting, ensuring compliance with local and international standards.
- Manage month-end, quarter-end, and year-end closes, providing accurate and timely financial reports.
- Supervise tax compliance and regulatory filings across multiple jurisdictions, optimizing Jabu’s tax position.
- Coordinate both internal and external audits; maintain strong internal controls to mitigate risks.
Cost Allocation & Profitability
- Develop and implement frameworks for allocating direct and indirect costs at a granular level (e.g., per safe, per customer).
- Track and analyze profitability across different product lines, markets, and regions.
- Identify underperforming units or clients and recommend actions to improve margins or discontinue services.
Treasury & Payments Management
- Manage cash flow and working capital, ensuring operational continuity and strategic flexibility.
- Build relationships with banking partners, payment processors, and other financial institutions across African markets.
- Oversee cross-border and local payment processes, prioritizing security, speed, and cost-efficiency.
Financing & Loan Structuring
- Propose and evaluate financing strategies (e.g., bank loans, venture debt, asset financing) for product expansion (e.g., new JabuSafes).
- Negotiate terms with lenders or investors, managing interest rates, collateral requirements, and repayment schedules.
- Mitigate risks (currency fluctuations, rate volatility) with appropriate financial instruments or hedging strategies.
Strategic Financial Planning
- Collaborate with leadership to assess new market opportunities, create financial models, and guide investment decisions.
- Define and track key performance indicators (KPIs) that align with Jabu’s growth objectives.
- Develop and maintain pricing and profitability strategies in collaboration with product and sales teams.
Team Leadership & Development
- Recruit, mentor, and scale a high-performing finance team capable of supporting multi-market operations.
- Implement robust financial systems, tools, and technologies to enhance reporting, analytics, and scalability.
- Foster a culture of continuous improvement and data-driven decision-making.
