Financial Manager: TicketPro
Blue Label Telecoms
2023-07-09 Sandton
Job Ref #: BL-325
Industry: Telecommunications
Job Type: Permanent
Positions Available: 1
Accountable for the entire financial reporting process, including the day-to-day accounting functions, management of the financial reporting team, management of customers and suppliers.
Job Description
ABOUT THE COMPANY
We are the leading supplier of post paid airtime, content, and value added services to the public. We partner with retailers, credit providers, cellular dealers, and large corporates, enabling them to extend their customer offerings and maximize customer convenience. Not only can these services be provided to consumers, but we also enable our corporate and business customers to offer these services to their employees, via payroll deductions or debit orders.
JOB PURPOSE
Accountable for the entire financial reporting process, including the day-to-day accounting functions, management of the financial reporting team, management of customers and suppliers.
RESPONSIBILITIES
Financial Management
Identify, draft, develop and implement, operational processes, policies and guidelines Timely and accurate monthly financial reporting to management and BLT finance Manage the team responsible for the financial reporting and general accounting functions Set targets and supervise staff performance, recruit and develop staff Manage strategic changes to processes, systems, objectives within the department Manage customer queries, customer satifaction, billing and collections Manage supplier relationships, queries and settlements Recommend changes to policies and procedures that would improve the effectiveness and efficiency of the department and add value to the organization by cost savings and/or revenue maximization or optimization Compile and review monthly management accounts, ensuring compliance with IFRS, accounting policies and BLT reporting requirements Critically review the financial exposures within the organization to ensure expenditure is in line with business requirements and that expenses are reasonable Management of cash requirements and forecasting of cash flows in order to facilitate cash management Monitoring of management assumptions versus actual performance in order to assess reasonability of management assumptions and possible required amendments of these assumptions for financial reporting and financial management purposes Reconciliation of NAV to underlying transactional systems and/or databases Creating and implementing new financial processes as and when required for new business ventures, changes in accounting policy, changes in IFRS or other instances where necessary Liaising with other business units to ensure that the finance department and its functions remain updated with the latest business processes and are integrated with these processes where required Assisting with cost assessment and profitability models for new business opportunities and assisting in the assessment of its financial feasibility Preparation of annual budgets, including Sales, Cost of sales, Opex, Capex, cash flows and other as may be required Management of internal audits
Financial Controls
Continuous improvement through standardization of manual processes Monitoring and measurement of work output against credit policy Identify risks in processes and controls and mitigate these risks through various mediums Responsible for financial internal controls and effective completion of all financial audits Ensure adherence to processes and controls put in place by management Ensure internal controls are up to date, improved and implemented and trained
Reporting
Preparation of the monthly financial review for management Preparation of the monthly management pack for BLT finance Preparation of working schedules for audit purposes Ensure accurate and complete month end analysis of financial results Preparation of financial forecast packs where required
Work collaboratively
Build a culture of respect and understanding across the organisation Recognise outcomes which resulted from effective collaboration between teams Build co-operation and overcome barriers to information sharing, communication and collaboration across the organisation Facilitate opportunities to engage and collaborate with external stakeholders to develop joint solutions
Self-Management
Set an example through personal quality and productivity standards and ways of working with others Demonstrate consistent application of internal procedures Plan and prioritise, demonstrating abilities to manage competing demands Demonstrate abilities to anticipate and manage change Demonstrate flexibility in balancing achievement of own objectives with abilities to understand and respond to organisational and team needs.
Leadership
Be an effective inspirational leader to facilitate the creation of motivated, accountable, full-service teams who understand and strive to meet the needs of all stakeholders Coach, counsel and train digital team, operational managers and staff to apply, support, sustain and develop a continuous improvement culture Role model behaviour and motivate team members in line with the Blue Label Telecoms values and ethos Guidance of others and active development of self to improve on their technical and communication abilities so that capabilities and deliveries are better understood and thus trusted and applied through the business Translates strategy into goals for performance and growth helping to implement organisation-wide goal setting, performance management, and annual operating planning Identify the capabilities needed to meet the current and emerging business needs of the organisation. Evaluate current capabilities, identify gaps, and prioritize development activities
Job Requirements
Behavioural Competencies
Ensures Accountability Tech Savvy Manages Complexity Plans and Aligns Communicates Effectively Business Insight Decision Quality Financial Acumen Customer Focus Instills Trust Cultivates Innovation Collaborates Situational Adaptability Develops Talent
Education
Bachelor’s degree in finance or accounting, CA(SA) (SAICA) preferred
Experience
Minimum 3 years experience in a Financial Management role
