• To perform financial planning for the IDC
• Co-ordinate and facilitate budget process for the business and consolidate for IDC
• To provide training and professional advice to relevant stakeholders within the IDC
• Ensure compliance to statutory requirements (PFMA)
Qualifications:Â
• Relevant BCom Degree (with a finance related major)Â
• MBA / MBL / Post-graduate degree advantageousÂ
• Proficiency in SAPÂ
• Proficiency in Microsoft Word, Excel, PowerPointÂ
• Proficiency in Power BI or other data analysis tool would be an added advantage
•Registration with relevant regulatory bodies e.g. CA (SA), CIMA, SAIPA (Would be desirable)Â
Experience Â
•Budget and Forecasting (5-8 years’ experience)Â
• Cost Accounting and Cost Control (5-8 years’ experience)Â
• Financial Analytical skillsÂ
• Financial Planning Implementation and EnhancementÂ
• PFMA reportingÂ
• Knowledge of SAP Business Intelligence (BI) and Business Warehouse (BW)Â
• Loading Budget on SAP
Strategic Alignment
• Ensure that operational expenditure budget is alignment to the business strategy
• Provide support and professional advice to the cost center owners, functional areas, HODs and executive management
• Ensure timeous reporting of IDC Group Irregular and Fruitless and Wasteful Expenditure to relevant governance structures
Functional Operations Management
• Preparation of operating expenditure budgets
• Ensure that correct data is uploaded on SAP
• Monthly monitoring of performance against budgets and conduct relevant cost analysis
• Provide expert and professional advisory service to cost center owners
• Prepare, review, and interpret performance reports to determine projections for the year end
• Ensure accounting activities comply with relevant legal, professional, and ethical standards
• Prepare monthly performance presentations for submission to relevant governance structures
• Maintain and update systems and procedures and maintain a sound control environment
• Prepare and consolidate Irregular, Fruitless and Wasteful Expenditure (IFWE) report for the Group
• Prepare IFWE presentation for submission to relevant governance structures
• Ensure compliance of the PFMA submissions (timeous and accurate)
• Create and maintain cost and profit master data on SAP
• Implement and maintain cost allocation methodologies
• Attend to other ad-hoc requests
LEARNING AND GROWTH
• Innovative and continuous improvement on new ways of doing the work
• To take ownership of Personal Development
• To promote/participate in knowledge sharing with team members
• Provide training to trainee CA’s
• Active learning
Stakeholder Management
•Provide support and professional advice to the cost center owners, functional areas, HODs and executive management
Reporting
• Monthly and quarterly reporting of operational expenditure to relevant stakeholders and governance structures
• Annual Budget reporting to relevant stakeholders and governance structures
• Manage and co-ordinate the consolidation of IFWE reporting for the Group
• Ensuring compliance with statutory requirements