Analyst: Accounts Payable

About the Company

Since its establishment in 2008, Mulilo has grown into one of South Africa’s leading Independent Power Producers (IPP). Mulilo is majority owned by Copenhagen Infrastructure Partners (CIP), with Norfund holding an additional investment through the Norwegian Climate Investment Fund.

Mulilo develops, constructs and operates utility scale wind, solar PV and battery energy storage projects across South Africa. The company currently operates 450 MW of wind and solar capacity, with a further 765 MW under construction. A portfolio exceeding 2 GW is advancing toward financial close, while the long-term development pipeline exceeds 30 GW.

Mulilo has concluded power purchase agreements under the South African government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), as well as private offtake agreements with several large corporate energy users.

Mulilo places significant emphasis on its people and recognises that successful infrastructure delivery depends on capable and committed teams. The company prides itself on providing a world-class working environment, with a clear focus on career progression and personal growth. Grounded in its values, Mulilo fosters a culture of accountability, collaboration and purpose, while remaining committed to its environmental, social and governance responsibilities.

About this role

The role is responsible for accounts payable and general Finance functions, ensuring timely and accurate processing of invoices, and maintaining effective financial records. This role involves handling financial transactions, reconciling accounts, and supporting the finance team to ensure the smooth operation of financial activities within the renewable energy sector.

Duties and responsibilities 

Accounts Payable Management

• Obtain completed vendor forms for new vendors together with required documents and check that all is in order.
• Process and verify invoices for accuracy and completeness.
• Ensure proper coding of invoices to the appropriate cost centres and general ledger accounts.
• Match invoices to purchase orders.

Payment Processing

• Prepare and process electronic transfers and payments.
• Ensure timely payment of all invoices, credit notes, and other financial obligations.
• Coordinate with the finance team to prioritize payments based on cash flow and due dates.

Supplier Relations

• Communicate with suppliers regarding invoice discrepancies, payment status, and other inquiries.
• Maintain accurate and up-to-date supplier records, including contact information and payment terms.
• Resolve any issues related to supplier accounts and payments promptly.

Supplier Account Reconciliation

• Reconcile supplier statements to ensure all transactions are accurately recorded.
• Investigate and resolve any discrepancies between supplier statements and company records.

Bank Account Reconciliation

• Processing of bank accounts for several entities.
• Reconcile bank accounts to ensure all transactions are accurately recorded.
• Investigate and resolve any discrepancies between bank statements and company records.

Financial Record Keeping & Reporting

• Maintain accurate and organized accounts payable files and documentation.
• Ensure all financial transactions are recorded in the accounting system in a timely manner.
• Assess the requirement for raising accruals by reviewing unrecorded liabilities, cut-off of expenses, outstanding supplier invoices, and recurring monthly obligations.
• Process monthly recurring and non-recurring Accruals.
• Assist with balance sheet reconciliations as required.
• Assist in the preparation of financial reports and month-end closing activities.
• Assist with other finance-related tasks and projects as needed including BBBEE audit and annual financial year end audit.

Compliance and Internal Controls

• Adhere to company policies, procedures, and internal controls related to accounts payable.
• Prepare VAT reconciliations and returns for several companies.
• Ensure compliance with relevant financial regulations and standards.
• Participate in audits and provide necessary documentation and support.

Required skills and education background

• Diploma or degree in Accounting, Finance, or a related field.
• Minimum of 5 years of experience in accounts payable, creditors, or finance-related roles.
• Strong experience in accounting principles, accounts payable processes, bank recons and financial record-keeping.
• Excellent attention to detail and accuracy in financial transactions.
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Proficiency in accounting software and Microsoft Office applications.
• Experience in the renewable energy, mining or construction sectors is an advantage but not mandatory.

Key Competencies

• Accounts Payable Management
• Payment Processing
• Supplier Relations
• Supplier Account Reconciliation
• Financial Record Keeping
• Compliance and Internal Controls
• Support to Finance Team
• Attention to Detail
• Communication Skills
• Team Collaboration

Desirable attributes

The ideal candidate would have a passion for the Renewable Energy sector and personality traits would include a high level of diligence, determination, resilience, and agility.

Mulilo is an employer of choice and is offering an extremely competitive total remuneration package for this position.

Additional Information

Able to work overtime according to operational needs.

The position is based at the offices of the company, but travel may be required occasionally.