Associate: Financial Accountant

Job Title

Associate:
Financial Accountant

Since its establishment in 2008, Mulilo has grown into one of the leading Independent Power Producers (IPP) in Southern Africa. Mulilo is majority owned by Copenhagen Infrastructure Partners, the world’s leading private equity investor in renewable energy assets, through its New Markets Fund I. Mulilo has concluded numerous PPA's in both the Department of Mineral Energy's Renewable Energy Independent Power Producer Programme (REIPPP) and with several large corporate energy users.

Mulilo currently operates 450MW of wind and solar PV projects and has a further 500MW of projects under financial close and close to 1GWh of energy storage projects awarded with its partners. Having adopted a strategy that aligns with the company's long‑term vision, Mulilo has accumulated a pipeline of projects exceeding 25GW, and is now positioned as a key player in the renewable energy sector.

Mulilo places strong emphasis on its human capital and prides itself in providing a world‑class working environment for all its employees, thereby placing huge value on career progression and personal growth.

Mulilo is guided by strong ethical principles and adheres to its environmental, social and governance responsibilities.

The Financial Accountant will play a key role in supporting Mulilo’s finance operations by managing accounts payable, preparing monthly management accounts, ensuring compliance with loan and tax obligations, and contributing to financial planning and reporting across multiple renewable energy projects. This role requires a detail‑oriented, proactive individual with strong technical accounting skills and a solid understanding of IFRS, financial systems, and compliance requirements.

As part of a dynamic finance team in a fast‑growing renewable energy company, the successful candidate will help ensure accurate financial reporting, support audits, and provide insights that contribute to the overall financial health and performance of the business.

• Reviewing of data captured by Accounts Payable Clerk.
• Capturing financial transactions for projects.
• Review mid‑month and month‑end payment pack.
• Circulation of creditors payment to directors for approval.
• Ensuring monthly accounting entries are recorded in ERP system (Business Central) accurately and in line with the Group’s monthly close timings (5th working day finalised management accounts).
• Coordinating accounts payable process to ensure all invoices are logged, approved and paid on time.
• Review receivables billing, review revenue and purchase orders for accuracy, classification and approval.

• Preparing monthly management accounts for operating and/or construction SPVs.
• Update cash flows and forecasts.
• Reporting actuals vs budget within Project’s operational environment.
• Investigating, understanding and explaining any variances to the approved budget in operations and Financial Close Financial Model in construction – working with local asset management team.
• Preparation of management accounts individual operational and/or construction companies by the 5th working day.
• Where possible, look for opportunities to improve P&L performance.
• Review of the vendor registration process.
• Manage the vendor aging with no long outstanding invoices.
• Ensure that all balance sheet balances reconciles and agrees to supporting documentation and is audit ready.
• Assisting Asset Management with annual budget.
• Assist Asset Management with the preparation of the annual budget for each project company.

• Understanding the terms in the various facility agreements.
• Assist Asset Management with any information required for the preparation of loan compliance reports as necessary.
• Ensuring debt service payments are paid on time and accurately.
• Assist with any other lender requirements.

• Statutory compliance includes Tax audits/ investigations, Budget variations and sensitivity analysis, secretarial filings.

• Coordinating local audit work for any local statutory audit requirements and audit review
• Coordinating & managing local audit timetable
• Preparing audit…