Senior Specialist Accounting Hub at MultiChoice

Purpose of the Position:

• Monitor and ensure compliance with International Financial Reporting Standards, Preparation of Annual Financial Statements, Governance & Compliance and Internal Control

Key Performance Objectives

Tasks

Controls, Governance & Policies

• Responsible for the development, implementation and maintenance of system of robust controls, procedures and policies
• Responsible for monitoring compliance to accounting policies
• Consider recommendations to update accounting policies and revising where applicable
• Support the Finance Shared Services Innovation team in governance initiatives
• Ensure compliance to policies, internal control and external audit
• Internal audit: Actively monitor close out of findings, ensuring no overdue items
• General Ledger Reconciliations: Work with other FSS functions to improve quality, including a policy, risk matrix, quality assurance and reporting on balance sheet stats
• Ensure that all GL accounts have been allocated to correct owners
• Assist in improvement and development of processes and systems for accounting purposes
• Assist in implementing and driving quality standard frameworks and ensure that high levels of quality accounting are maintained, including alignment with global best practices
• Hedge accounting documentation
• Management of the Balance sheet reconciliation process
• Quality reviews of balance sheet accounts
   

Month End Close & Year End Activities

• Preparation and building of Annual Financial Statements, Interim financial statements and disclosures
• Ensure compliance with IFRS and related disclosures for all companies
• Involvement in the Pre- and Post-month end close meetings
• Standardisation of Chart of Accountants and drive correct classification of GL accounts across the business
• Work with cross functional teams in the shared services and business to ensure compliance, accuracy and efficiency in financial areas
• Assist in the external and internal audit process
• Review audit schedules and assist the auditors in their inquiries
• External audit: Liaison, including audit requirements and follow up
• Assisting the Central Accounting team with certain month end duties

Accounting Hub Support

• Ensure the correct treatment of accounting principles according to International Financial Reporting Standards and accounting policies
• Support the Finance Shared Services team in the application and interpretation of accounting principles
• Interpret complex accounting issues and translate into practical explanations and applications
• Implementation of new IFRS standards and interpretations
• Preparation of IFRS accounting solutions
• Ensure that all initiatives, new products and services can be properly managed by integrating the commercial requirements with the needs of Finance Shared Services (e.g. accounting, tax, reporting)
• Analyse concepts to understand all aspects of the impact on operations
• Produce the supporting documentation for information/training

Projects/Other

• Assist the Manager: Technical, Advisory & Compliance Manager on strategic finance projects as determined by the Head of Finance Shared Services
• Ad hoc projects that arise on a continuing basis
• Analysis and financial modelling
• Finance projects (billing system testing)
• Attend to business partner queries
• Manage, improve and develop relationships with internal & external stakeholders
• Able to run with tasks and be proactive in delivery
• Consider the impact of solutions on other areas of Finance and the business, as well as the interdependency of units

Qualifications

CA (SA)
Experience / Skills

• Minimum 3 years’ relevant experience in a similar role
• Sound, detailed knowledge and experience in IFRS (including hedge accounting, accounting for FECs, IFRS 9 and IFRS 15) and Taxation rules
• SAP system experience
• Hyperion Financial Management
• Advanced excel skills and financial modelling

Competencies

• Attention to detail
• Proactive and ability to plan ahead
• Ability to prioritise in order to meet multiple deadlines
• Ability to work under tight deadlines and pressurised situations
• Ability to think and move quickly in a dynamic fast-moving environment
• Excellent communication skills- upward, downward and lateral
• Conflict management
• Problem solving
• Coaching and mentoring
• Systematic and analytical
• Speed and accuracy with figures
• Stakeholder management