Manager - Dealer Commissions at Vodacom

Role Purpose:

• The Order to Cash (OTC) function is responsible to correctly execute all trade partner incentive payments, reconcile all interfaces, and generate invoices and credit notes for trade partners. The end result is to accurately reflect the financial position of the organisation and to ensure local financial statements are compliant with accounting standards.The manager of Order to Cash should be able to lead a team, processes and information requirements to perform accounting responsibilities in a timely and accurate manner, in accordance with defined operating procedures, policies, SOX, compliance and business partner service level agreements. There will be a close relationship with a wide array of operational teams. The incumbent will take a leadership role to enable this achievement through application of best practice in sustainable continuous improvement, working collaboratively with Finops functions globally, Finance Business Partners and the wider South African organisation.The incumbent’s people, personal and operational leadership skills will be of a very high standard.  Past achievements will clearly demonstrate a capability to manage in World class transactional processing and business partner excellence. The incumbent’s people, personal and operational leadership skills will be of a very high standard.The incumbent will be a member of the wider Finance Operational management team. 
   

Your responsibilities will include:

Reporting

• SAP & HFM reports.
• Monthly Balance Sheet & Income Statement.
• Monthly Management Reports.
• Monthly KPI/KFIs.
   

Month-end

• Review weekly and monthly financial reports relating to Acquisition and Retention Costs.
• Analyse the reports to derive insights and provide financial recommendations to Senior Leadership to support the operational strategy of the business to achieve the financial targets.
• Reviewing accruals and provision calculations and identify areas of improvement to reduce accruals.
• Review agreements between Vodacom and various stakeholders and engage with the Shared service centre on process optimisation relating to invoice processing.

Dealer Commission Accounting Process Management

• Manage the Dealer Commissions Team to ensure that the information used to report results and provide analyses to Senior Leadership and decision makers is valid, accurate and complete;
• Engage with the Executive Heads prior to finalisation of contracts to provide recommendations and impact assessments on working capital management/accounting therein.
• Provide guidance on the content of Commercial agreements to ensure the business objectives align to the applicable accounting treatment.
• Prepare and present reports and analysis on financial results to Senior Leadership.

Working capital management

• Review the cash flow forecasts for Dealer Commissions and engage with Senior Leadership on the forecasted position and underlying risks.
• Review working capital KPI’s to determine whether forecasting models are accurate or require amendments.
• Support the Business Unit team with setting budgeting and forecasting for Commissions.

Reporting and insightful analysis of results to Senior Leadership

• Analyse key trend analysis for Commissions and Incentives to ensure completeness, accuracy and validity of the results and provide recommendations to Senior Leadership.
• Liaise with Senior Leadership to design robust management reports and information tools which will better assist them in decision making.
• Review interim and year-end stat packs and financial statements within the Vodacom South Africa group of companies.

Controls and compliance 

• Risk identification and control implementation on all financial processes within the Finance Operations.
• Maintain an effective control environment over Commissions and Incentives, identifying weaknesses and rolling out solutions.
• Ensure a clean audit report for both internal and external audit and that any open items are closed by their due dates.

Process improvements and issues resolution 

• Identify KPI which will assist in the analysis of key areas and analyse the results of these KPI’s to provide input to Senior Leadership on the effectiveness of processes and controls. 
• Utilise existing experience and knowledge to identify synergies within FinOps and ensure these synergies are efficiently incorporated.

The ideal candidate for this role will have:

• Matric / Grade 12.
• BCom graduate, in Accountancy or business related field is essential.
• Qualified CA is an advantage.
• 8+ years related financial experience e.g. accounting, inventory, audit articles etc. including supervisory experience.
• SAP and HFM experience.
• ICT industry experience.
• Systems implementation and project management.

Closing date for Applications: 15 December 2021