Financial Manager: Cigicell at Blue Label Telecoms

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 processesMonitoring and measurement of work output against credit policyIdentify risks in processes and controls and mitigate these risks through variousmediums.
• Responsible for financial internal controls and effective completion of all financialaudits.
• 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, communicationand collaboration across the organisation.
• Facilitate opportunities to engage and collaborate with external stakeholders todevelop joint solutions

Self-Management

• Set an example through personal quality and productivity standards and ways ofworking 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 flexibilityin balancing achievement of own objectives with abilities to understand andrespond 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 ofall 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 LabelTelecoms values and ethos.
• Guidance of others and active development of self to improve on their technicaland communication abilities so that capabilities and deliveries are betterunderstood and thus trusted and applied through the business.
• Translates strategy into goals for performance and growth helping to implementorganisation-wide goal setting, performance management, and annual operatingplanning.
• Identify the capabilities needed to meet the current and emerging businessneeds of the organisation.
• Evaluate current capabilities, identify gaps, andprioritize development activities

BEHAVIORAL 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 AdaptabilityDevelops Talent

EDUCATION

• Bachelor’s degree in finance or accounting, CA(SA) (SAICA) preferred

EXPERIENCE

• General Experience
• Minimum 3 years’ experience in Financial Management role