Group Accountant

About Fraxion:
We are a high-growth SaaS business with multiple subsidiaries, primarily US-based, each generating significant revenue streams. We’re looking for a hands-on, detail-oriented group accountant to report directly to our CFO. In this role, you’ll oversee consolidated financial reporting, ensure compliance with statutory and management requirements, and support strategic financial initiatives across the group. While some meetings may span US time zones, we maintain a flexible work culture and are committed to a healthy work-life balance, so you can thrive both professionally and personally as part of our ambitious, collaborative team.

Key responsibilities:
Group financial reporting

• Prepare monthly consolidated management accounts across 2–3 entities (multi-currency).
• Develop and maintain group-wide financial reporting packs for internal and external stakeholders.
• Reconcile intercompany transactions and eliminations.
• Oversee IFRS/GAAP compliance (as applicable per entity jurisdiction).

Subsidiary oversight

• Review subsidiary accounts and ensure timely and accurate month-end closes.
• Liaise with finance teams or outsourced accountants/bookkeepers in each subsidiary.
• Ensure consistency of accounting policies and practices across entities.

Budgeting, forecasting and analysis

• Support the annual budgeting and quarterly reforecasting processes at both group and entity levels.
• Perform variance analysis (budget vs actual) and highlight key financial trends to the CFO.
• Assist in SaaS metric tracking: MRR, churn, CAC, LTV, etc.

Compliance and tax

• Coordinate statutory audits and annual filings for each subsidiary.
• Ensure tax compliance (VAT/Sales Tax, Income Tax) across jurisdictions in partnership with external advisors.
• Maintain transfer pricing documentation and intercompany loan arrangements.

Systems and processes

• Work with the finance systems (e.g., Xero, Maxio/SaaSOptics, Syft, etc.) to streamline consolidation and reporting.
• Identify opportunities to automate and scale financial operations.
• Support financial integration of new acquisitions

Qualifications:

• Bachelor’s degree in accounting, finance, or a related field.
• Qualified CA(SA), CPA, ACCA, or equivalent.
• 3–5 years’ experience in a group accounting or financial reporting role.
• Prior experience with SaaS businesses or multi-entity environments is strongly preferred.

Skills and attributes:

• Strong technical accounting knowledge (IFRS/GAAP).
• Hands-on experience with cloud accounting tools (Xero, Fathom, Syft).
• Comfortable with multi-currency consolidations and intercompany eliminations.
• Analytical mindset with attention to detail.
• Excellent communication and stakeholder management skills.
• Proactive, adaptable, and able to work independently across time zones.

Posted on 15 Jul 16:02, Closing date 13 Sep