IMPACT INVESTING
“Impact investing aims to generate specific beneficial social or environmental effects in addition to financial gains. Impact investments may take the form of numerous asset classes and may result in many specific outcomes. The point of impact investing is to use money and investment capital for positive social results.”
ABOUT US
We have focussed on and developed expertise in the following industries:
Energy & Sustainability
Wellness & Recreation
Small to Medium and Micro Enterprise Development
We support clients whose goals go beyond financial returns – they also seek to generate social or environmental benefits. Our social conscience is as important for us as our conscientious accounting practices.
We are a professional accounting, tax and advisory practice registered with SAICA (the South African Institute of Chartered Accountants), and a member of the Chartered Accountants Worldwide Network. We believe in people first, enabled by technology, to deliver excellent service and quality to our clients to add value to their businesses.
We support clients whose goals go beyond financial returns – they also seek to generate social or environmental benefits. Our social conscience is as important for us as our conscientious accounting practices.
We are a professional accounting, tax and advisory practice registered with SAICA (the South African Institute of Chartered Accountants), and a member of the Chartered Accountants Worldwide Network. We believe in people first, enabled by technology, to deliver excellent service and quality to our clients to add value to their businesses.
SERVICES OFFERED & INDUSTRIES SERVED
We use our industry-specific expertise and understanding to deliver tailored solutions to our clients in the following industries:
ENERGY & SUSTAINABILITY
We have 3 years’ experience providing accounting, tax and advisory services in the renewable energy, back-up energy and sustainability sectors. We have a keen understanding of the value chains in these sectors.
This understanding is used to build accounting systems and processes using technologies which deliver on compliance requirements at optimal cost, add real-time reporting and visibility to business owners and other stakeholders, and capitalise on industry-specific tax benefits and sector incentive schemes.
Our experience ranges in scale from supporting residential solar heating installers to multi-megawatt independent power producers. We have advised commercial clients on financing options of embedded power generation solutions.
This is what our clients in this sector say:
MAKOLE MUPITA – CHAIRPERSON OF THE BOARD “SOLAR CAPITAL DE AAR 3”
“Winston Latham provided an interim Chief Financial Officer service on contract to Solar Capital. Winston tackled various challenges in a very professional manner, with a high degree of competence.”
TOBIAS HOBBACH – MANAGING DIRECTOR “SUSTAINPOWER”
“Sky Financial run an end-to-end outsourced finance function for SustainPower using the Xero accounting platform, and online banking. The service ranges from creditors’ payments and payroll, through to an outsourced CFO function provided by Sky Financial’s principal, Winston Latham, who is invited to attend board meetings.
The service has been excellent, and has added real value to our business.”
JACO WIESE – OWNER “RENTEK” WESTERN CAPE FRANCHISE
“Sky Financial have assisted professionally and gone out of their way to ensure we have clear sight of how our business is doing at all times. They are always available to assist at any time. The main services offered to us as a business are outsourced monthly accounting, management reporting, Xero online accounting and general accounting services.
With Sky Financial managing our finances we have peace of mind that our accounts are in order at all times.
We are also comfortable that we comply to all accounting and tax regulations with the Xero Online Accounting platform offered.”
CARLOS DE MENDONCA – GENERAL MANAGER “CROSSBERTH COLD STORES”
“Sky Financial advised on financing of various rooftop photovoltaic proposals. They clarified the various options, and presented the options in a model and format which transformed multiple operational, pricing, foreign exchange and tax variables, into easily facilitated comparisons."
This is what our clients in this sector say:
MAKOLE MUPITA – CHAIRPERSON OF THE BOARD “SOLAR CAPITAL DE AAR 3”
“Winston Latham provided an interim Chief Financial Officer service on contract to Solar Capital. Winston tackled various challenges in a very professional manner, with a high degree of competence.”
TOBIAS HOBBACH – MANAGING DIRECTOR “SUSTAINPOWER”
“Sky Financial run an end-to-end outsourced finance function for SustainPower using the Xero accounting platform, and online banking. The service ranges from creditors’ payments and payroll, through to an outsourced CFO function provided by Sky Financial’s principal, Winston Latham, who is invited to attend board meetings.
The service has been excellent, and has added real value to our business.”
JACO WIESE – OWNER “RENTEK” WESTERN CAPE FRANCHISE
“Sky Financial have assisted professionally and gone out of their way to ensure we have clear sight of how our business is doing at all times. They are always available to assist at any time. The main services offered to us as a business are outsourced monthly accounting, management reporting, Xero online accounting and general accounting services.
With Sky Financial managing our finances we have peace of mind that our accounts are in order at all times.
We are also comfortable that we comply to all accounting and tax regulations with the Xero Online Accounting platform offered.”
CARLOS DE MENDONCA – GENERAL MANAGER “CROSSBERTH COLD STORES”
“Sky Financial advised on financing of various rooftop photovoltaic proposals. They clarified the various options, and presented the options in a model and format which transformed multiple operational, pricing, foreign exchange and tax variables, into easily facilitated comparisons."
WELLNESS & RECREATION
We have over 20 years’ experience providing accounting, tax and advisory services in the wellness and recreation sectors.
Our clients and services in this sector to date include:
This is what our clients in this sector say:
MELISSA BRITT – OWNER “CURVES” BLAAUWBERG FRANCHISE
“Sky Financial have looked after our business’ accounting, payroll and tax from the date my partner and I bought the business. They registered our business and set up our systems. The whole process was seamless.
With Xero cloud accounting, we have peace of mind that our finances are always up to date.
Sky Financial have provided an excellent service. I would strongly recommend them to any small business owner”.
PETER HALL – PRESIDENT SOUTH AFRICAN SAILING
“Sky Financial provide a full outsourced accounting service using Xero, including payment of creditors and payroll, through to consolidation of regional entities and reporting to national executive committees.
They have provided a very professional service.”
YUNUS PATEL – COMMERCIAL INNOVATION DIRECTOR “VIRGIN ACTIVE”
“Sky Financial offered a number of solutions to Virgin Active covering a broad spectrum of services. Our recent engagement with Sky Financial required an independent, complex financial analysis to provide insight on the financial impact of a membership simplification strategy.
This involved analysing consumer data to understand the effects of yield vs volume and the knock-on effects of a simplified membership product structure. Sky Financial were extremely professional and highly knowledgeable of the health club industry resulting in a quick and comprehensive grasp of the project on hand. This allowed the project team to place short deadlines which was always achieved. Sky Financial prepared a detailed plan and scope which was agreed beforehand which helped to align expectations. As a result of Sky Financial providing a comprehensive report of their findings and recommendations, this has greatly assisted in the decision making process on the simplified membership structure. It was a great pleasure working with Sky Financial and would definitely recommend their services to other businesses.”
SMALL TO MEDIUM AND MICRO ENTERPRISE DEVELOPMENT
Sky Financial is proud to be appointed as the finance desk of the Branson Centre of Entrepreneurship South Africa (BCoESA).
We are only too aware that South Africa is currently facing difficult financial times. A critical solution to the problems in the South African economy is the support and development of entrepreneurs. This is where the Branson Centre steps in to assist.
Sir Richard Branson founded the BCoESA, demonstrating his commitment to one of his own organisation’s core values – that of supporting ‘like-minded, passionate entrepreneurs who aim to fulfill a larger purpose with their business.’ The Branson Centre of Entrepreneurship South Africa is a ‘social enterprise supplier-development hub’ that will maintain consistent mentorship, monitoring, and reporting, to ensure the success of high-potential entrepreneurs, who can later pass on their skills and knowledge.
The idea is that the entrepreneurs we develop today will be the developers of the entrepreneurs of tomorrow. Through strategic partnerships, consistent development services, and a ‘can-do’ attitude, the Branson Centre are assisting entrepreneurs with purpose-led business skills and aiming to change businesses for good.
Sky Financial has, amongst others advised the BCoESA on a framework of tax consequences of enterprise development and socio-economic development grants and loans.
Rowan le Roux, Operations Director at the BCoESA had this to say:
“Tax and statutory compliance of SME enterprise structures and associated financing options plays a major role in optimising and scaling an SME’s business. The Branson Centre engaged with Sky Financial to provide a readily accessible, and user-friendly tax and compliance assessment tool for our beneficiaries. Sky Financials’ service was well received, with their professional manner, ongoing communication and effective delivery standards setting the bar high."
Sky Financial has developed a range of solutions to assist SMMEs. Please contact us for further information.
We are only too aware that South Africa is currently facing difficult financial times. A critical solution to the problems in the South African economy is the support and development of entrepreneurs. This is where the Branson Centre steps in to assist.
Sir Richard Branson founded the BCoESA, demonstrating his commitment to one of his own organisation’s core values – that of supporting ‘like-minded, passionate entrepreneurs who aim to fulfill a larger purpose with their business.’ The Branson Centre of Entrepreneurship South Africa is a ‘social enterprise supplier-development hub’ that will maintain consistent mentorship, monitoring, and reporting, to ensure the success of high-potential entrepreneurs, who can later pass on their skills and knowledge.
The idea is that the entrepreneurs we develop today will be the developers of the entrepreneurs of tomorrow. Through strategic partnerships, consistent development services, and a ‘can-do’ attitude, the Branson Centre are assisting entrepreneurs with purpose-led business skills and aiming to change businesses for good.
Sky Financial has, amongst others advised the BCoESA on a framework of tax consequences of enterprise development and socio-economic development grants and loans.
Rowan le Roux, Operations Director at the BCoESA had this to say:
“Tax and statutory compliance of SME enterprise structures and associated financing options plays a major role in optimising and scaling an SME’s business. The Branson Centre engaged with Sky Financial to provide a readily accessible, and user-friendly tax and compliance assessment tool for our beneficiaries. Sky Financials’ service was well received, with their professional manner, ongoing communication and effective delivery standards setting the bar high."
Sky Financial has developed a range of solutions to assist SMMEs. Please contact us for further information.
Not sure where your business stands in terms of compliance? Please take our free Compliance Questionnaire which has been tailored for SMMEs below: