SENIOR FINANCIAL ANALYST

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:

      • B.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