Yebo Fresh is an award-winning online retail e-commerce platform focusing on South Africa’s mass market. Our unique business model and partnerships with manufacturers allow us to deliver an unbeatable offer at a highly competitive price point.
We proudly serve families, NGOs, Schools, ECDs, and township retail businesses such as Spazas and fast food restaurants and we are looking to grow.
For our customers, using Yebo Fresh means avoiding the hassle, cost, and risk of overcrowded and/or expensive transport, long queues, and carrying heavy bulk goods.
We engage with entrepreneurs, and our customers on our platform on a daily basis through field sales agents, supplying credit lines, having WhatsApp conversations, and organizing product deliveries. These interactions allow us to build extensive qualitative and quantitative insights into the typical patterns, challenges, and critical success factors of township entrepreneurs.
We are now keen to build on this physical & digital infrastructure and to use these insights. We are building an ‘empowerment’ engine for South African entrepreneurs who, as we observe, often struggle in this highly competitive environment and to provide them with education and development opportunities.
Position - Finance Associate
What You Will Do
We are looking for a Finance Associate to join the founding team of a startup project with national ambitions to bring breakthrough impact to the world of Entrepreneurs and small township businesses in education, funding, job creation, and support, in partnership with the National Treasury in their goal to address the challenge of unemployment in South Africa.
The goal is to unlock exponential Entrepreneur and Township SME growth with the corresponding impact by building an Entrepreneurial Development Program Platform that supports eCommerce and online entrepreneurial education to support retail financing models and business growth that results in scale which ultimately leads to job creation.
We are looking to create;
A more just and equitable society that depends upon more families and households having a stable income in the townships through entrepreneurship development by providing entrepreneurial learning content through coaching, online delivery, on-site training, peer learning, and networking
Growth of Township SMEs and growing livelihoods through adequate access to finance in the retail industry in collaboration with training and marketing
Entrepreneurial growth, scale, and support; we are seeking growth beyond traditional models, using technology to educate and through intelligent behavioral software and powerful entrepreneur technology support toolkits
Key Role Responsibilities and Duties
Reconciling bank accounts, supplier accounts, and customer accounts
Identifying, recommending, and implementing process improvements in bookkeeping
Reviewing and reconciling balance sheet accounts
Entering financial transactions into Xero and Project systems
Ensuring our invoicing protocols are followed
Maintaining digital financial records
Translating township business accounts into digital platforms
Managing, capturing, and recording expenses
Migrating internal data into the project platform
Managing project procurement expenses
Managing technology expenses
Banking, Payment, and Payroll
Preparing payroll for approval with inputs from HR as needed
Preparing monthly payment runs
Loading payments to bank accounts, ready to release
Liaising with the business bankers for administrative and other requirements
Preparing project payments and following up on disbursements
Finance accuracy and reporting
Project-specific KPIs to be agreed upon between Yebo Fresh and the client
Jobs created tracking and reporting
Must have completed a professional qualification in Accounting, Finance, or a relevant field ( Required )
At least 2 years of experience in accounting/bookkeeping
At least 1 year of experience in management accounting and reporting
Experience and understanding of South African VAT, PAYE, UIF, and SDL requirements
Experience and understanding of applicable financial regulations and compliance requirements
Experience using Xero
Experience using SimplePay or an equivalent payroll system
Hands-on experience with Google Sheets and Google Suites
Exceptional attention to detail
Excellent written and verbal communication skills
Excellent time-management, task-management, and organizational skills
Ability to handle sensitive, confidential information.
We care - for the customer, each other, and the communities we serve.
We give 100% - challenging ourselves and each other to bring and become the best version of ourselves. Striving not only to meet but to exceed expectations
We make opportunities: we are entrepreneurs, we see possibilities and realize them, even when challenging.
We get better every day… together: we strive for continuous improvement, accept that we may make mistakes and learn, and work as a team to grow as individuals and as a company.
Contract Type: Permanent Employment Contract with a 3-month probationary period. Work location: Cape Town or Johannesburg East Rand. Combination of work from home and office-based with at least three days a week spent in the offices/ in trade
Reporting to: Head of Entrepreneur Impact
How to Apply: Send an email to email@example.com with
With the(the role name) as the subject.
the body of the email explaining why you think you are suitable for this specific role.
attached CV in PDF or Word document format
All applications MUST include at least the three items above to be considered.
The application process will include a number of interviews followed by a case study in which you will be asked to demonstrate your abilities.
Yebo Fresh (Pty) Ltd. (2016/438089/07) Registered office: 7 Boston Circle, Airport Industria, 7490, Cape Town. Director: Jessica Boonstra-Laks