Senior Finance Analyst at MultiChoice

Purpose of the Position:

Responsible for all DMS Financial reporting, accuracy of management reports, budgets and forecasts, and financial planning for this segment.  Support the business unit in analysing and improving financial results

Key Performance Objectives 

Perform Financial Planning and Analysis

• Taking overall accountability for the finance management of the DStv Media Sales (Pty) Ltd
• Provide guidance and facilitate the target setting, budget and forecast processes for assigned divisions and/or regions and ensure it aligns with MCG objectives
• Present and provide final budgets/forecasts to MultiChoice SA executive team
• Attend business partner management meetings to present finance results
• Review and submit consolidated 24-month Treasury cash flow forecasts
• Review and submit consolidated 24-month rolling forecasts of the Income Statement, Balance Sheet and Cash flow statement
• Proactively partner with the business to identify and evaluate opportunities to improve bottom line business performance and ensure that change initiatives are implemented
• Provide meaningful ad hoc financial analysis as required
• Attend monthly finance meetings for results review
• Policy compliance custodian for the division

Business partnering requirements

• Support the business from a finance perspective and specific company initiatives;
• Cost and cash flow control on various projects
• Accountability for and management of strategic finance projects as determined by the Head of Finance, including optimization of internal finance process to achieve efficient and effective processes and internal control.
• Ad hoc projects that arise on a continuing basis
• Conduct business studies on past, future and comparative performance and develop forecast models
• Return on investment calculations/advice on investment decisions
• Financial project management
• Identification and reporting on ad revenue redistribution to M-Net, SuperSport, MultiChoice and Connected Video

Finance Support and General Accounting operations and External Reporting

• Responsible for the notes and commentary to External Reporting and Statutory Financials
• Responsible for managing AFS preparation by external consultants and review of AFS before sign off by leadership
• Responsible for preparing the BEE Consolidated scorecard for legal entities
• Responsible for preparing information that will be sent to the Regulators
• Consult with the Shared Services Central Accounting team to prepare and assist with internal and statutory audits
• Responsible for ensuring the accounting records correctly reflect the results of the business unit’s financial performance, IS, BS & CF
• Adhere to reporting deadlines including month end; forecasts; budgets; half-year and year-end
• Review/prepare schedules reports for half-year and full-year audits/packs
• Review related month-end calculations as well as entries for accruals and provisions
• Review monthly tax schedules for accuracy and completeness
• Initiation and approval of SGA expenses to confirm validity and availability of budget

People management

• Oversee the activities of the team to ensure effective delivery of business outcomes
• Interview and recruit new members of the team, including determining appropriate compensation levels with input from Human Capital
• Create effective workforce and recruitment demand plans to ensure that current and future business requirements can be met
• When required, initiate disciplinary processes for team members calling on support from Human Capital when required
• Resolve grievances raised by team members and escalate only if required
• Develop a high performing team by embedding formal performance management process using I-perform system and informal coaching. Encourage frequent knowledge sharing between team members
• Address poor performance of any team member through the formal Performance improvement programme and ensure that continued poor performance is appropriately dealt with
• Motivate team members and ensure that their efforts are recognised.

Qualifications

• CA (SA) / CIMA

Experience / Skills

• Has minimum 8 years of experience post qualification
• Sound knowledge of IFRS; transfer pricing and withholding tax
• Experience managing a minimum of 2 people
• Hands-on experience with financial and statistical software
• Experience working with teams in Africa will be an advantage

Technical Competencies

• Advanced Excel skills (creating spreadsheets and using advanced formulas)
• Familiarity with finance databases
• Excellent analytical skills
• Ability to present financial data using detailed reports and charts
• Demonstrable strategic thinking skills
• Confidentiality in handling sensitive financial information
• Good communication, presentation skills;
• A team player is cooperative;
• Is a coach for his team, people manager;
• Structured, agile, results oriented, customer focused;
• Acts with integrity and fairness and high standards of accountability;
• SAP system experience;