Brief Description;

The role will report administratively to the Senior Manager-Business Planning & Reporting .The role holder will ensure that the business is able to process, compile and report the annual budgets, Long range plan and rolling forecast results to management and the Group on a timely basis. The preparation of the annual budgets, long range plan and rolling forecast results should comply with company procedures and the accounting policies for the Group and submitted in the formats prescribed.

Job Responsibilities                

• Document and implement best practice budgetary processes and procedures and ensure they are in conformity with ISO standards. Ensure the budgetary processes and procedures are reviewed and updated quarterly.
• Ensure implementation of the company processes & procedures in the preparation of the annual budgets and quarterly forecasts while incorporating the International Financial Reporting Standards (IFRS).
• Ensure the annual budgets, long range plan and quarterly forecast information adheres to IFRS and complies with Group accounting policies.
• Prepare the Hyperion supporting schedules, reconciliation statements and financial statements ready for use in the Vodacom Group submissions.
• Identify improvements in the Oracle financial application that impact on the Budgeting Model and participate in the implementation of the improvements.
• Review and avail Monthly Consolidated Group Profit & Loss, Balance Sheet and Cash flow statements with KPIs for Subscribers, Usage, ARPUs and Margins.
• Coordinate the preparation of the monthly rolling forecast and submit to Vodacom
• Detailed review of monthly cash flow forecasts
• Monitor performance closely ensuring risks and opportunities to budget are highlighted to management ahead of time
• Margin statements to be availed and circulated to Product managers showing performance to EBIT Margin.
• Identify and implement cost and efficiency improvements

QUALIFICATIONS

• Qualified Accountant  with CPA (K)/ACCA/CIMA/ACA or equivalent with an Honors degree from a recognized university;
• 4-5 years Accounting experience in an international or well-run company
• At least 2 years management experience in corporate reporting for financial and management information
• Proficiency in using the Hyperion Financial Management system for planning and reporting