Senior Accounting Coordinator
Location:
Casablanca, Morocco
Description
Africa50 is a pan-African infrastructure investor and asset manager that contributes to Africa’s growth by developing and investing in bankable projects, catalyzing public sector capital, and mobilizing private sector funding, with differentiated financial returns and impact.
Africa50 has raised over US$890 million so far from 32 African governments, the African Development Bank, and two African Central Banks, and intends to reach a target capitalization of US$3 billion. Africa50 has an independent investment process and seeks to generate commercial risk adjusted returns for its investments across key infrastructure sectors: Energy (including power generation and related parts of the value chain), Midstream gas, Transportation, ICT, Health infrastructure, Education and Fintech.
PURPOSE OF THE ROLE
Reporting to the Finance Director, the Senior Accounting Coordinator will ensure the delivery of accurate and timely outcomes in Accounting, Tax, Budgeting & Control and Procurement. The Senior Accounting Coordinator will ensure the preparation of the IFRS and statutory accounts, cost analysis, forecasting needs and financial reporting.
PRINCIPAL RESPONSIBILITIES
Support the Finance Director in all key financial management assignments including financial accounting, budgeting.
Coordinate the financial accounting, reporting, and operations of Africa50’s third-party pooled investment vehicles/funds, ensuring compliance with IFRS and best practices in fund accounting.
Manage Net Asset Value calculations, capital calls, distributions, and investor reporting, working closely with investment teams to ensure precise fund performance measurement.
Support the Finance Director in implementing an internal control environment on financial management and reporting.
Prepare, Analyze and Communicate monthly financial KPIs.
Ensure no findings in covered scope and -if any- proper mitigations are followed up properly.
Ensure Tax Compliance, timely and Accurate Tax and Statutory reporting.
Support in ensuring the delivery of the Procurement Policy and implementing the necessary internal controls to ensure compliance of the procurement process.
Implement and maintain robust accounting processes for private equity, project investments, and pooled fund structures, ensuring tracking of investment performance and financial flows.
Manage the end-to-end accounting lifecycle of funds, including investor allocations, waterfall calculations, and capital accounts reconciliation.
Coordinate external audits and financial statement preparation for Africa50’s investment structures, ensuring transparency, compliance, and alignment with industry best practices.
Manage Cash Flows, provide monthly Treasury statement and manage supplier payments.
Manage the day-to-day relationship with banks.
Support in preparing financials documents for Board Meetings and Annual Shareholders Meeting.
Manage the annual inventory of fixed assets.
Give financial analysis/budgeting support on specific investment or general projects.
Perform more general tasks in his/her domain of competence, necessary to achieve the financial department’s mission.
CANDIDATE PROFILE
Required background
Proven expertise in NAV calculations, and private equity structures, with a strong understanding of pooled investment vehicles.
Proven experience in Fund administration and Fund accounting.
A minimum of 10 years’ relevant experience in Finance in a Private Equity environment, of which at least four (4) years will be at a senior level with management experience.
Chartered Accountant (CA, ACCA, CPA,..) with deep expertise in fund accounting, NAV calculations, and private equity structures, and a strong command of IFRS reporting for investment vehicles.
At least a master’s degree in finance, or any other related discipline.
Business Acumen
Mastering the Accounting, Tax, Treasury and reporting in accordance with IFRS/local standards.
Deep knowledge of investment fund operations, including capital flows, investor allocations, and regulatory reporting in an asset management environment.
Strong experience of Preparing and Analyzing financial reports and Ability to prepare and assess financial statements and budget documents.
Ability to manage Cash and relationship with banks and Ability to manage relationship with external interlocutors including high profile.
Essential Qualities
Strong analytical mindset with the ability to interpret complex financial data and provide strategic insights for investment decision-making.
Ability to work accurately under pressure Positive attitude.
Ability to prioritize deliverables and meet deadlines.
Ability to work well within a team-oriented environment or individually.
Knowledge, Skills, and Experience
Interest in Africa50’s mission, strategy and values.
Excellent written and verbal communication skills in English and French.
Experience working with private equity funds, infrastructure investments, and SPV accounting, with proficiency in financial modeling and fund administration.
Experience in Accounting System, Proficiency in Microsoft Office (Advanced Excel knowledge…)
Location
The position will be based in Casablanca.
If you are interested in this role, .
