Senior Financial Analyst | IT Recruitment

Role Purpose:

  • To ensure that the departmental accounting systems, policies and procedures are being implemented. To verify the validity, completeness, integrity, and accuracy of financial information for both revenue and expenditure.
  • Deliver a strategic partnership to the business: –
    • Analyse financial information
    • Provide robust financial control to optimise performance for decision making
    • Act as a strategic advisor to the business
    • Seek new opportunities for the business to become efficiency focused, i.e. agile decisions, automation of processes, digital footprint opportunities on a proactive basis

 

Qualification/s:

  • Com degree
  • Honours would be an advantage

 

Experience:

  • 5 years plus within Financial Environment
  • Strong Excel Skills
  • 2 years plus Oracle experience in Fixed Assets and Leases
  • Previous Telecommunication industry experience an advantage

 

Key Performance Objectives

Cost of sales activities

  • Identify the relevant sources to account for relevant cost of sales items.
  • Define specific information required from sources to account for costs in accordance with IFRS.
  • Implement the processes required to produce cost/revenue information on a monthly basis.
  • Identify, implement and perform required controls in the processes to ensure accurate information is produced on a monthly basis.
  • Determine and implement control indicators to validate monthly information during the reporting cycles.
  • Communicate accrued amounts to the Business Partners and/or vendors for invoicing.
  • Review accuracy and allocation of invoices that were allocated

 

Month end closing and reporting activities

  • Investigate any possible over/under accruals and amend future calculations methods, processes or information to ensure accurate accruals. Liaise with the business partner on this process
  • Ensure all reversing journals reversed correctly from previous month.
  • Validate monthly information received by reviewing control indicators.
  • Identify any discrepancies and investigate the root cause with source systems
  • Calculate unearned revenue release or deferral at month end.
  • Calculate and account for any relevant discounts.
  • Review reconciliations for all revenue and expense accounts
  • Investigate any discrepancies and alert Financial Reporting team with any late adjustments to revenue figures and/or cost figures
  • Balance intercompany before trial balance close deadline.
  • Analyze current month revenue and cost numbers against budget and prior month figures.
  • Provide logical explanations for movements against budget and prior month figures.
  • Populate supporting information relating to revenue and cost drivers.
  • Perform/review reconciliations for relevant General Ledger accounts
  • Ensure that all balance sheet accounts are accounted for all balances are accurate
  • Ensure that write offs are done timeously
  • Review all supplier reconciliations
  • Review all customer reconciliations

Process creation/maintenance

  • Evaluate the need of official processes/procedures for the tasks under responsibility and implement them with the collaboration of Continuous Engineering
  • Annual assessment of the written procedures/ instructions with the need of the activity and eventually promote the updates on the system

Reporting

  • Perform detailed analysis for all relevant section in terms of performance against budget and prior month figures
  • Intercompany information
  • IFRS disclosure tables under responsibility
  • Other specific reports, e.g.
    • Roll-forwards for assets and liabilities
    • Financial year end disclosure requirements

 

Cost Savings / Efficiency Focus

  • Identify cost saving initiatives and advise business and senior management of these

Perform any other related duties as requested by Management

 

Competencies:

Results Orientation

Brief Description

  • Delivers beyond expectations

 

Indicators

  • Energized by a challenge
  • Sets new and stretching goals for self or team, and achieves beyond what is expected
  • Exploits opportunities to exceed goals and works towards them, even under adverse circumstances
  • Always seeking new and better ways to improve performance

Team Leadership

Brief Description

  • Empowers teams to perform

 

Indicators

  • Agrees responsibilities based on insight into an individual’s competencies as well as experience, taking calculated risks where appropriate
  • Empowers the team to identify and solve problems, providing necessary support
  • Uses understanding of team and self to resolve conflicts effectively
  • Creates a clear sense of team identity and holds team accountable for meeting collective goals
  • Rewards individual initiatives beyond expectations to advance the common goal

Collaboration And Influencing

Brief Description

  • Motivates others to work with self

Indicators

  • Uses the informal structure, dynamics, and culture of an organisation to get things done
  • Actively seeks input in decision-making
  • Shows others how their objectives align with own
  • Actively contributes to the broader organisation or team, compromising on own preferences where necessary
  • Invests in building relationships with others

Change Leadership

Brief Description

  • Mobilizes others to initiate change

 

Indicators

  • Encourages others to pursue opportunities for change
  • Takes action to influence specific individuals, such as giving them a part to play in the change effort
  • Publicly tracks the progress of the change in order to keep people engaged
  • Engages with people throughout the change process to understand and address emotional reactions and maintain commitment

 

Customer Orientation

Brief Description

  • Continually takes action to add value to the customer

 

Indicators

  • Thinks from customer’s perspective and continually delivers improved offerings that provide win/win impact
  • Shares information and ideas with customers, and challenges and stands up to them as appropriate
  • Takes special actions beyond standard business practice in the interest of the customer
  • Identifies and develops best practices for working with or adding value to the customer, and champions among colleagues/stakeholders
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