Fintech Accountant: Invoicing, Reconciliations&GL, Cape Town

Meet Ozow

Ozow is a leading fintech company that's redefining digital payments in South Africa and beyond. We're dedicated to making payments more accessible, secure, and convenient for both businesses and consumers. As a fast-growing player in the financial technology sector, Ozow fosters a culture of innovation, diversity, and inclusivity. We believe in pushing the boundaries of what's possible and are committed to making a positive impact on the world through our payment solutions.Meet Ozow

Ozow is a leading fintech company that's redefining digital payments in South Africa and beyond. We're dedicated to making payments more accessible, secure, and convenient for both businesses and consumers. As a fast-growing player in the financial technology sector, Ozow fosters a culture of innovation, diversity, and inclusivity. We believe in pushing the boundaries of what's possible and are committed to making a positive impact on the world through our payment solutions.

More about this Ozow fantastic position

As an

Accountant

at Ozow, you'll play a key role in supporting the financial operations that underpin our fast‑paced fintech environment. This role offers exposure across debtors, creditors, distributor accounting, and core accounting operations, working closely with cross‑functional teams such as Data, Technology, Legal, Commercial and FinOps. It's an ideal opportunity for a detail‑driven accountingprofessional who thrives on ownership, problem‑solving, and contributing to accurate, scalable financial processes in a growing digital payments business.

Your role and responsibilities

Debtors&Merchant Billing

Own merchant invoicing processes, ensuring accuracy, completeness and alignment with contractual billing structures Investigate and resolve escalated debtor queries requiring detailed understanding of billing logic, data sources (e.g. data environments and merchant dashboards) and invoicing mechanicsPerform credit note calculations and maintain and manage the credit note schedule, ensuring appropriate support, accuracy and timely escalation for approval Prepare regular debtors reporting for internal stakeholders, manage escalations, and make recommendations on aged or delinquent accounts

Distributor Accounting

Calculate distributor commissions in accordance with contractual terms, validating calculations with the Data team Prepare and distribute commission reports to distributors Post distributor commission journal entries and prepare related balance sheet reconciliations

Creditors&Payments

Oversee the transfer of approved supplier invoices from procurement system to the accounting system, ensuring process effectiveness and completeness Perform creditor statement reconciliations and investigate variances Resolve escalated creditor queries requiring accounting judgment or cross-functional engagementPrepare payment runs and load beneficiaries and payments in accordance with approved payment processes Prepare VAT and EMP payments for review by the Senior Accountant Load bulk payments to Netcash as required Execute approved fund movements between bank accounts, including transactional and call accounts, in line with treasury procedures

Accounting Operations&Reconciliations

Prepare schedules of prepaid expenses, accruals, banking fees and interest for review by the Senior Accountant Maintain monthly schedules of new fixed asset additions Post bank payments and receipts not handled at an administrative level Prepare bank reconciliations, including full allocation of transactions and completion of the first-level reconciliationTake ownership of the accounting and reconciliation of all bank accounts within Xero, including both operational and merchant-related accounts, ensuring completeness and accuracy of recorded transactions and closing balances Work closely with the FinOps team to ensure accurate accounting treatment and alignment of merchant fund balances between bank statements, internal records, and the general ledgerEnsure timely and accurate recording and reconciliation of bank fees and interest across all accounts, including high-volume transaction fees, with appropriate allocation between cost of sales and operating expenses Maintain accurate cashbook records, including posting and reconciliation of inter-account transfers and other non-standard bank transactionsInvestigate and resolve reconciling items, variances, and unallocated transactions in a timely manner, escalating where appropriate Prepare ad hoc journal entries relating to merchant activity (e.g. vouchers and adjustments), subject to review

Compliance&Support Activities

Assist with the compilation of creditor-related documentation and schedules required for BEE verifications Assist in maintaining audit readiness by ensuring supporting documentation is complete, organised, and readily available, and by supporting the Senior Accountant with audit submissions and auditor queriesAssist with non-routine compliance activities, including internal audit engagements, tax-related matters, and other regulatory requirements, ensuring timely and accurate support across the finance function Contribute to the continuous improvement of finance processes and policies by identifying inefficiencies, proposing enhancements, and supporting implementation of improved controls and workflows

You are an ideal candidate if you have

A completed BCom degree in Accounting or equivalent (essential). 3–5 years' accounting experience, preferably in a fintech, financial services, payments, or high‑transaction environment. Proven experience across debtors, creditors, and general ledger accounting. Strong understanding of billing structures, invoicing logic, and reconciliation principles.Experience preparing and reviewing journal entries, balance sheet reconciliations, and schedules. Proficiency in accounting systems (e.g. Sage, NetSuite, Xero or similar ERP systems). Strong proficiency in Microsoft Excel, Word, and PowerPoint. Advanced Excel skills, including pivot tables, lookups, and reconciliations.Experience working with large data sets and validating calculations with data or analytics teams. Exceptional attention to detail with a strong focus on accuracy and completeness. Strong problem‑solving skills, particularly when investigating variances, queries, or escalations. Ability to manage multiple deadlines and prioritise in a fast‑moving environment.Confident communicator, able to engage with internal stakeholders and external partners (merchants, distributors, suppliers). Strong sense of ownership and accountability for assigned processes.

Your skills and competencies

You eagerly embrace change, absorb cross-functional skills, and connect ideas across disciplines to drive fresh thinking and innovation. Ability to initiate, develop, maintain and leverage outstanding relationships to influence a wide network, both inside and outside the company. A trailblazer who steps up, takes charge, and creates meaningful impact—those driven by performance and purpose to lead from the front and make a real difference every day.You thrive in collaboration, embrace inclusion, and bring a genuine curiosity for global cultures—valuing collective success over individual credit. Demonstrate strategic foresight, sound judgement, and the ability to make confident decisions under uncertainty, always working toward the best possible outcomes.You challenge norms, champion innovation, and constantly seek growth—for themselves, their team, and the solutions they build. You are a decisive doer—those who take initiative, follow through with confidence, and ensure results through courageous, hands-on leadership. We value optimism, agility, and the strength to persevere under pressure—balancing performance with positivity, even in challenging environments.You are driven, proactive individuals who take ownership, face challenges with grit, and consistently push for excellence—not just as participants, but as catalysts for success.

Interview process

During the interview process you will meet with the People team, the hiring manager, and relevant CSuite. Be prepared to complete a technical assessment that will showcase your skills.

In office perks

Healthy breakfast, lunches and snacks Monthly team connects On-site Barista Birthday Leave

Perks for South African based employees

Medical aid subsidy Group Risk Insurance Generous paid annual leave Birthday leave Learning and Development opportunities Mentorship programme Quarterly team building Community initiatives Access to cutting edge technology - Ozow Tech Stack

Our Employee Value Proposition

Join Ozow and become part of an elite force that challenges the ordinary and achieves the extraordinary. If you're driven to make an impact, embrace challenges, and seek unparalleled opportunities for growth, your journey starts here.

Compliance

As a fintech company, we prioritize data security, confidentiality, regulatory and compliance. Due to the sensitive nature of our work, we require individuals with a high level of integrity and trustworthiness to ensure adherence to financial regulations and industry standards. Given the sensitive nature of our work, all employees are expected to demonstrate professionalism, accountability, and a commitment to ethical conduct in line with financial regulations and industry standards

Ready to be exceptional? Apply now!

Keen to know more?

Interested in joining our rocket ship?

To find out more about life at Ozow, head over to our Careers Page here!

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