Job Description
Main Purpose of Job
- Provides Finance intelligence to the Service Area Management Team supporting the value chain. Focuses on strategic issues relating to Finance that contribute to growth and competitiveness of the business.
Roles & Responsibilities
- Plays the role of credible advisor and negotiator interpreting Service Area context to align the agendas of the business with Finance.
- Assists with the planning, organizing and managing of the Service Line Project Services and General Accounting function.
- Aligns, implements and embeds COE and SSC driven initiatives and technologies at the Service Area level and in support of the Senior Finance Manager for the Service Line.
- Consolidates P&L finances for the Service Area.
- Gives advice and recommendations to the Service Area management on request or on own initiative pertaining to Service Area finances.
- Responsible for Service Area finances and works together with the COE and SSC teams to ensure smooth finance operations for the Service Area.
- Differentiators for this specific role
Budgeting, Forecasting and Target setting for the Service Area
- Manages budgeting and forecasting for the Service Area
- Finalises budgets and forecasts with Service Area Leader
- Consolidates and prepares budget and forecast commentary and analysis for the Service Area
- Facilitates setting targets for Service Area, including productivity and revenue targets down to partner, staff and project level where applicable
- Submits Service Area budgets and forecasts to the Global Reporting COE and the Africa Reporting COE
- Provides budgets and forecasts to the Senior Finance Manager for consolidation at a Service Line level
Financial Reporting for the Service Area
- Prepares monthly management reports (according to Service Area requirements)
- Provides Service Area input into the monthly results for Service Line level reporting
- Reviews the balance sheet and income statement for the Service Area
- Reports performance against KPIs and North Stars
- Analyses Service Area utilisation and productivity
- Strategic analyses and driving target achievement for the Service Area
Conducts financial analysis and insights
- Analyses performance and efficiency
- Provides strategic financial advice
- Supports the Service Area to manage working capital
- Interrogates working capital and revenue before and after EM rollover
- Analyses North Star performance and drive business closer to these targets
- Drives the core pillars of the Finance 2020
- Implements cost reduction plans for the Service Area
- Drives improved profitability
Assisting with the transactional oversight, including but not limited to:
- Assisting in leading the Project Services and General Accounting team (resources dedicated to the service line) to ensure accurate processing and reporting
- Assisting in building and managing a high performing Project Services and General Accounting team by providing leadership, role clarity, training and career development
- Assisting in developing an effective Project Services and General Accounting framework, including appropriate policies, processes and procedures; oversee the enforcement in order to establish practice that ensures accountable management of resources
- Identifies and mitigates risks to protect Deloitte from potential losses relating to incorrect capturing to the general ledger
- Identifies methods to update, simplify and improve the efficiency and effectiveness of the end-to-end client experience through technology and/or process solutions relating to Project Services and General Accounting
- Assist with monitoring performance against objectives to ensure that teams’ KPIs are achieved
- Assists in leading the achievement of SLAs and monitoring SLA compliance relating to Project Services and General Accounting
- Leads in maintaining, amending and communication of general ledger policies and procedures
- Monitors performance against objectives to ensure that the Project Services and General Accounting teams’ KPIs are achieved
Approvals, Reviews and Requests & Controls
- Reviews and approves journals (including manual journals to project codes)
- Reviews the pricing of contracts and projects
- Reviews payroll for the Service Areas
- Approves credit notes
- Approves purchase requests/orders
- Approves general journals to Service Area cost centers
- Reviews and approves payroll report
- Requests accruals and provisions to be raised
- Requests new or updates to cost/profit centers and chart of accounts
- Reviews project spend monthly
- Implements internal controls where applicable
- Drives financial disciplines in project accounting
- Reviews revenue monthly
Debtors
- Reviews debtors monthly
- Assists with escalated debt collection
Other
- Involvement in Finance Projects driven from the SSC/COE
- General support to the Senior Finance Manager
Key Performance Area
Strategic Impact
- Supports leadership in the delivery of services to clients in line with the defined strategic objectives:
- Provides support to management in the implementation of change initiatives
- Works with team to complete work by set deadlines advising manager of any issues prior to deadlines
- Develops relationships with peer group at client to understand their business
- Raises effective solutions to address issues in area of expertise that may enhance / renew service offerings to client
Client Impact: External / Internal
- Independently delivers quality work within area of expertise, within deadlines
- Provides client/s with sound professional advice and support on issues arising within area of expertise without reference to superior
- Applies solutions to technical issues that arise within area of expertise, with minimal input from management
- Proactively researches latest thought leadership within area of expertise and share with team as input to improved delivery to clients
- Communicates regularly with both line manager and client to meet deliverable expectations in specific area of expertise
Operational Effectiveness
- Proactively identifies technical problems that arise that may affect delivery and propose resolutions to address these
- Independently delivers on designated tasks within area of expertise
- Provides line manager with detailed reporting on status of deliverables on a regular basis
- Manages risk in area of engagement in alignment with Deloitte policies and processes
- Reviews own work prior to submission to ensure quality and provide guidance to junior team members on quality standards
Development/Growth of Team
- Shares expertise and knowledge with team members
- Actively works to address development areas identified
- Coaches / mentors junior team members of the team
- May act as counsellor to junior staff within Finance
Budgets / Profitability
Effective use of time, equipment and resources
Qualifications
Minimum Requirements:
- Minimum Qualifications: CA (SA)
- Minimum Experience: 8 years in finance
- More than 3 years’ experience in a management role
- Desired Qualifications: CA (SA) at one of the big four
Additional Information
Technical competencies
- Skilled in field with sound industry and business knowledge
- Demonstrated leadership skills
- Experienced in communication and implementation of strategy
- Proven ability to manage and execute projects
- Experienced in development and delivery of professional presentations
- Good report writing skills
- Good financial knowledge
Behavioural competencies
- Excellent communication skills, both written and verbal
- Effective interpersonal and relationship building skills
- Good mentorship and coaching ability with desire to develop self and others
- Strong client delivery focus
- Adaptable, managing change and ambiguity with ease
- Focus on quality and risk
- Effective problem solving ability
- Excellent business acumen
All your information will be kept confidential according to EEO guidelines.
*Please note that this job advertisement provides a summary of the capabilities required and all candidates shortlisted will receive a full list of capabilities
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