Accountant - Planning Analysis and Reporting. Supersonic

Mission/ Core purpose of the Job:

The purpose of the role is to provide financial planning and reporting support to the business alongside the Finance manager, by providing in-depth financial analysis, developing and maintaining financial models, and contributing to the budgeting and forecasting processes. This role requires a strong understanding of financial principles, excellent analytical skills, and the ability to translate complex data into actionable insights.

Education:

• BCom Hons – Account / Financial Management/ the equivalent thereof
• Newly Qualified CA (SA)/ CGMA

Global Experience Standards:

• Minimum of 3-5 years of experience in a finance role with a strong experience in data modelling.
• Experience working in a medium to large organization
• Experience with ERP systems (e.g., Sage Evolution) is highly desirable.
• Advanced proficiency in Excel and data modelling
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Business Performance analysis experience advantageous
• Detail-oriented with strong organizational and time-management skills.
• Proficiency in Microsoft Excel and other relevant software

Training:

• IFRS, IAS, Sage Evolution and Hyperion
• Keep up to date with changing regulatory requirements

General working conditions:

• Ability to work overtime when required
• Constant pressure to meet extremely tight deadlines

Key Performance Areas:

Financial Modeling:

• Maintain complex financial models, including sales models, pricing and profitability analyses, and business case models.
• The ability to calculate scenario analyses to evaluate the impact of various economic and business factors on revenue and profitability.
• Update models accurately to reflect business drivers and provide insightful forecasts.

Budgeting and Forecasting:

• Assist in the preparation of the annual budget, including gathering budget inputs from department heads and performing scenario planning.
• Assist the manager in preparing the monthly and quarterly financial forecasts in accordance with MTN Group guidelines.
• Monitor KPIs and track progress against budget and forecast targets.
• Regularly update forecasts based on actual results and market conditions.

Financial Performance and Analysis:

• Conduct in-depth variance analysis, trend analysis, and key driver analysis.
• Prepare monthly operational spend, budget income, expense, and cash flow reports.
• Conduct post-implementation analyses for products/channels and identify learning points.
• Contribute to the development of performance measures and KPIs.
• Monitor performance deep dives and root cause analysis.
• Analyse product pricing, tariffs and product/channel policy decisions.
• Report and analyze actual product/channel performance.
• Prepare Consolidated monthly reporting packs for Business Units including financial and non-financial information, variance analysis of actuals, budget, forecasts and prior year
• Deliver accurate monthly management accounts with detailed variance analysis
• Preparation of the monthly cash flow forecast with detailed variance analysis
• Carefully manage variances to plan ensuring governance is enforced

Cost Allocation and Management:

• Ensure costs are allocated according to the approved budget.
• Identify and report material deviations from budget and recommend corrective actions.

Board Reporting:

• Assist in the collation and compilation of financial and operational information for board meetings.
• Prepare financial reports and presentations for the Board of Directors, including actuals vs. budget, actuals vs. forecast, and KPIs.
• Assist in the distribution of board packs for stakeholders.

Other Duties:

• Assist with special projects and ad-hoc financial analyses.
• Stay up to date on accounting standards and industry best practices.
• Provide support for IFRS compliance and complex transactions.

Information Management:

• Maintains computerized collection and tracking of relevant data.
• Maintain the definitions of all financial and non-financial data
• Collaborating with IT on the definition of data sourcing and system integration patterns to support downstream data consumers
• Assist in incorporating other systems such as Hyperion, Oracle, EDW, review that the data is accurate and correct.

Customer Satisfaction

• Ensure customer needs and requirements are satisfied through appropriate systems / processes / procedures / reports.
• Put contingency plans in place to prevent delays
• Adopt a proactive approach to prevent problems from arising in the future
• Initiate change to continually improve all aspects of service delivery
• Manage the successful distribution and communication to the relevant stakeholders.