Accountant (Release)

Want to join an innovative player in renewable energy that is rapidly growing in Africa? Since it was established in 2019 as part of renewable energy frontrunner, Release by Scatec has been developing and deploying a unique, flexible leasing solution of pre-assembled and modular solar and battery equipment for the mining and utilities market. Release is owned by Scatec ASA and Climate Fund Managers (CFM) through its EU-supported Climate Investor One Fund, a USD 1 billion blended finance facility focused on renewable energy infrastructure in emerging markets. The company is headquartered in Oslo, Norway.

Release is looking for an Accountant in Cape Town to be part of our global team working together towards our vision – Improving our future. We are seeking an engaged and ambitious person who is eager to contribute actively to the further development of our finance department. As our Accountant, you will execute the accounting, administrative and reporting process for Release South Africa and other tasks in the Release Group. This role also contributes to resolving operational challenges and streamlining efficiency, collaborating closely with the Accounting & Reporting Manager and the broader finance team to ensure smooth day-to-day operations. This position offers an excellent opportunity to join an exciting growth journey within a dynamic and internationally oriented company. We are looking for someone who thrives in a multicultural environment, is flexible, hands-on, and enjoys tackling challenges.

Main responsibilities

• Capture and process day-to-day financial transactions accurately in the ERP system.
• Perform regular bank reconciliations and resolve discrepancies promptly.
• Maintain and review inventory reporting to ensure accurate tracking and valuation.
• Prepare and reconcile monthly balance sheet accounts, including accruals, provisions, VAT, and FX revaluations.
• Manage intercompany transactions, including invoicing, reconciliations, reporting, and eliminations.
• Review financial actuals for accuracy and prepare monthly reports for Group submission.
• Prepare annual financial statements in line with local regulations and accounting standards.
• Ensure tax and statutory compliance, including VAT, corporate income tax, and CIPC submissions.
• Support international payments and SARB applications, liaise with auditors, oversee invoice approvals, manage bank access, and assist with ad-hoc group finance tasks.

Qualifications and competencies 

• Bachelor’s Degree in Accounting, Finance, Management Accounting, or equivalent with solid academic results
• 3-5 Years of relevant experience in a similar environment
• Preferred experience from project-based companies with strong financial practices
• Experience in IFRS accounting and internal controls and general Tax knowledge
• Experience in inventory accounting
• Experienced with D365 ERP system would be advantageous

Personal characteristics

It is part of every Release employee’s terms of reference to contribute to Scatec group’s vision: Improving our Future and adhere to our company values which are:

• Predictable: demonstrate clear communication and listening skills, shares information in an open and honest way.
• Driving results: demonstrate determination, pro-activeness, can prioritise and work independently.
• Changemaker: demonstrate entrepreneurship, can challenge, fast learner, take initiates and adjust.
• Working together: demonstrate teamwork, shares responsibilities, can compromise, has a can-do attitude.

We offer

Release, is an exciting, innovative and ambitious company operating in a growing industry.  We offer a challenging and interesting position where you will be part of a flexible, diverse and truly international working environment consisting of highly competent and committed colleagues with a positive drive to make a difference. 

Release is an equal opportunity employer and values diversity. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, national origin, disability status, protected veteran status, or any other basis protected by appropriate law.

All hiring decisions are made based on merit, competence and business need.