About the position
Main Purpose
To lead the financial planning, analysis and finance controlling function for the SSA market and manage the organization's financial reporting. To forecast financial results and review budgets while managing risk.
Key responsibilities and Accountabilities:
- Collaborate cross functionally to deliver an integrated 3-year financial plan (SBP), strategic priorities and guidance to the affiliates.
- Assist in setting 3-year financial targets.
- Develop and maintain the South Africa Financial Planning model.
- Completion of the SBP, Annual Financial Plan, and Forecasts in line with latest IFRS/US GAAP standards and through effective & efficient collaboration across functions and the matrix structure.
- Responsible for monthly and quarterly GP financial close procedures adhering to Control cut-off procedures and deadlines.
- Provide monthly management accounts (including key drivers of performance and variance analysis) to Country Manager, Finance Lead and Cluster Finance post monthly financial period closure.
- Provide training on completion of submission templates to wholesale account managers, retail manager and cost center managers.
- Review cross function submissions to proactively flag questions with the relevant stakeholders
- Perform analysis on key financial risk / opportunity areas to support and inform decision making for the affiliate.
- Work closely with the Finance Director to review financials
- Prepare presentation decks ahead of the meetings with Cluster finance
- Complete all reporting requirements from the Cluster and Group.
- Submit the Annual Financial Plan and Forecasts into Essbase for Cluster and Group Consolidation. These submissions include the profit and loss, balance sheet, capex
- Support the local leadership team and cluster finance team in managing the South Africa Key Performance Indices
- Complete special projects that could result in improved financial efficiencies across the businesses
- Ensure that best practices are implemented across the business in respect of planning activities
- Monitor, track, and report on progress of financials on key projects across the affiliate
- Complete valuation models for projects.
- Actively liaise and work with other teams, including treasury(Group), tax (Group), HR (local) and Supply Chain (local) to ensure complete alignment of input into business planning within the affiliate, cluster and Group.
Qualifications and Experience:
- Tertiary Qualification – Minimum relevant Bachelors degree with CIMA/ Chartered Accountant (SA) or studying towards CIMA/CA(SA)
- 5-6 years experience in a similar role
- Good understanding of financial planning principles and accounting/reporting standards Financial modelling skills to build robust and integrated models for different and complex business models
- Working knowledge of IFRS
- Understand accounting processes and internal controls-Experience with multi-currency reporting and translation
- Ability to effectively plan using latest decision support technologies (e.g., SAP, Essbase, Hyperion, Excel)
- Ability to develop and manage detailed budgeting and forecasting plans-Able to work under pressure and to tight deadlines
- Ability to explain difficult financial concepts to senior leadership team-Able to communicate complex and often contentious matters to a wide range of audiences both verbally and in writing
- Able to build strong networks and strategic relationships with internal and external stakeholders and to work effectively with other teams and across affiliates
- Able to apply trends and changes to business models
- Good report writing skills with the ability to explain key insights concisely
Key Competencies
- Growth Mindset
- Strategic thinker with strong analytical capability
- Commercial Acumen
- Good Communication Skills (verbal and written)
- Strong Planning and Organising skills
- Ability to collaborate with different stakeholders across many functions
- Assertiveness
- Ability to work independently
- Ability to work in a fast-paced environment
- Problem solving skills and a sense of urgency with decision making
- Accountability for the results and the drive for mutual success
- Excellent execution and attention to detail
- Outstanding organization and time management skills
Desired Skills:
- Commercial Acumen
- Financial Analysis
- Financial Planning
- Stakeholder Management
- Strategic Thinking
Employer & Job Benefits:
- Provident Fund Contribution
- Medical Aid Contribution
