Job title : Analyst – Accounting and Reporting.Fintech CEO’s Office
Job Location : Gauteng, Johannesburg
Deadline : November 26, 2024
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Job Description
Mission/ Core purpose of the Job
- Manage the MFS reporting and accounting requirements in collaboration with the MFS team and the broader MTN SA stakeholders.
- Manage the MFS expenditure budget including tracking of expenses, facilitation of payments, management of budget transfers and preparation of monthly financial reports
- Give inputs into and facilitate the business planning process for MTN SA.
Responsibilities
- Context (Global influences, environmental / industry demands, organisational mission etc.)
- Highly dynamic and fluctuating Telecommunications industry
- Within the legal, regulatory and commercial environment of South Africa (IFRS, FICA, VAT, Tax Act, AML etc).
- Fast moving industry
- Context changes in terms of technology advancements
- Legislative changes
- Changes in consumer behaviour
- Highly regulated financial services products and services
- Pressurized environment with strict month-end deadlines and group reporting deadlines.
Key Performance Areas: Core, essential responsibilities / outputs of the position (KPA’s)
Key Tasks: Indicates those KPA’s that are essential to the position itself. These are normally specific to the incumbent, the job, and the function. Excludes role and leadership / management.
Business Planning & Budgeting
- Assist with the high-level and detailed business planning processes for the MFS business unit.
- Engage MFS budget holders to obtain operation budget requirements for the business planning and forecasting periods.
- Engage MFS budget holders to obtain operating and capital expenditure budget requirements for the business planning and forecasting periods.
- Compile the necessary submissions to finance to secure Opex and Capex budget for the business unit.
- Compile required documentation for the MFS team pertaining to the approval, release and loading of operational and capital budgets for the business unit.
- Gather inputs from the MFS commercial team with regards to Non-Financial KPI’s, Revenue, Cost of Sale and Opex budgeting.
- Prepare budgets and forecast on the financial performance of the business unit up to EBITDA level.
Accounting
- Extract performance information to be shared with finance for monthly reporting for MFS.
- Actively engage with finance to ensure accurate and timely reporting for all MFS related products into the General Ledger.
- First layer analysing of results, highlighting variances and suggesting corrective action.
- Actively engage with finance to ensure monthly results are uploaded on Hyperion Financial Management.
- Collaborate with the SA Tax team to ensure accurate and prompt tax accounting for all MFS related Products and Services.
- Collaborate with finance in managing the external statutory audits for year-end and interim for all MFS related Products and Services.
- Where required, collaborate with finance in accounting for all MFS related transactions, balances and disclosures to ensure compliance with IFRS.
- Ensure timely distribution of monthly reports.
- Keep abreast of technical (IFRS and Regulatory) updates relating to the Financial Services industry.
Expense Management
- Management of the expenditure budget including facilitating budget transfers, preparation of monthly accruals and tracking and reporting on year-to-date (YTD) spend, committed funds, and available funds.
- Monitor supplier payments and liaise with accounts payable to ensure timely settlement.
Reporting & Insights
- Assist in preparing regulatory compliance reports with regards to AML and other legislations.
- Compile high level reports on a daily basis outlining KPIs for the MFS business unit.
- Compile and present detailed reports on a weekly basis on KPIs and the overall financial and non-financial performance.
- Compile and present detail reports on monthly performance of the MFS business unit.
- Collaborate with Finance and Other Business unit to compile Opco, regional and management reports pertaining to the MFS business unit.
- Support internal MFS stakeholders on ad-hoc reporting and insights requirements for decision-making.
Qualifications
Job Requirements (Education, Experience and Competencies)
Education: (5)
- 3-year Degree / Diploma in Financial Management / Accounting or relate
Experience: (5)
- 1-year experience in reporting, financial management, accounting or other related fields
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
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