Real Estate: Financial Planning Analyst
Role Purpose
- The Principal Specialist will be responsible for providing financial analysis and delivering insights on financial reports and forecasting to the various National Property business units within Technology.
- Building and maintaining strong relationships with key stakeholders.
This role will be responsible for:
- Preparation of budget, rolling forecast, and long-range forecast within the Real Estate-towers portfolio, with extensive knowledge of the accounting standard, IFRS16.
- An expansive IFRS16 forecast that should include the unwinding of assets and liabilities, renewal and modification reassessments, and adjustments for changes to lease rollouts.
- Detailed analysis on the cost and income from lease agreements and ensuring completeness and accuracy of the lease portfolio is maintained.
- Key involvement in the delivery of an automated leases and rentals forecasting tool with key data analysis, through close participation with relevant lease management systems.
- Understanding of cost drivers on leases and rentals, electricity costs.
- Highlighting risks and opportunities on a continuous basis to senior leadership.
- A dedicated business partner to the Head of National Property Management, involved in saving initiatives to drive meaningful financial decision-making in the negotiation of lease agreements.
- Managing various inputs from the business areas to feedback to a centralized FP&A, to enable accurate month-end forecasting and accurate financial inputs.
- Continuous tracking and financial performance of strategic projects in comparison to planned rollouts.
- Working closely with the Technology Effectiveness and Transformation team on identifying opportunities in the National Properties portfolio and tracking the saving plan.
- Verification of the network sites accountable for energy consumption and ensuring controls are in place for the accuracy of costs recorded.
- Working closely with Finops & National Property Business partners to provide comprehensive commentary for leases and rentals/electricity/leased lines on the variance relating to actual versus budgeted and forecasted spend at month-end closure.
- Keeping abreast of the latest standards and ensuring alignment to the governance, SOX controls, and accounting standards are adhered to.
- Participation in benchmarking activities with the relevant Technology business units.
- Understanding of real estate intra-group transactions.
- Support to key stakeholders, Finops, National Property, Regional Property, Group counterparts, and various business units in technology.
- Proficiency in the accounting standards and liaison with the Finops IFRS team and internal audit when necessary.
- Ad hoc requests as required.
Essence of Role Key Accountabilities
Compliance and Control
- Establishing adherence to the relevant Group policies.
- Ensure compliance with SOX controls.
- Work with other departments to ensure all cross-department issues are resolved.
Knowledge and Experience
- Proactive Business Partnering.
- Accounting Experience or in a similar position.
- Excellent working knowledge of MS Office, especially Advanced Excel, Word, and PowerPoint.
- Working knowledge of Accounting principles especially IAS17 & IFRS16.
- Financial systems especially SAP.
- Analytical thinking.
- Problem-solving.
- Attention to detail.
- Ability to work independently with minimum supervision.
- Effective communication (Verbal and Written).
- Ability to work under pressure.
- Ability to challenge the status quo.
- Ability to work in uncertainty.
Technical / Professional Expertise
Essential
- Preferably CA (SA) / B.Com graduate, in Accountancy or business-related field.
- 5+ years relevant financial experience.
- Ideally working across multinational environments and stakeholders.
- Extensive IAS17 & IFRS16 knowledge.
- Microsoft Office (Excel essential).
- Analytical, Problem Solving Skills.
- Effective Communication skills (Verbal and written).
Desired
- Experience with the SAP RE module.
- Preferably HFM knowledge.
- Preferably Experience in Telecommunications.
- Preferably Experience with Robotics/Automation Skills.
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