Senior Specialist: Project Accountant at Vodafone Global Enterprise

Role Purpose/Business Unit:

• To partner with sales and commercial teams to translate business decisions and individual transactions into project revenue and costs reported in the financial statements. To ensure the integrity of data across various systems and reconcile any variances.
• To provide robust financial analysis and finance business partnering support to the Project Team and Vodacom Business Sales to unlock value whilst maintaining appropriate control governance.
• To provide reporting and analysis on the Project and manage the month end processing of accounting adjustments and overall month end review.

Your responsibilities will include:

• Budgeting and forecasting: Managing a project budget, including forecasting future costs and revenue.
• Cost accounting: Tracking and analysing project costs against collected revenue
• Financial reporting: Developing Project Financial Metrics, preparing financial reports and presenting financial information to project stakeholders
• Financial risk management: Identifying and managing financial risks associated with the project, such as cost overruns or revenue shortfalls.
• Contract management: Ensuring that financial terms of contracts with clients and vendors are adhered to and managing any financial disputes that may arise.
• Cash flow management: Managing the flow of cash in and out of the project to ensure that there is always enough cash on hand to cover expenses. 
• Invoicing and billing: Management of invoicing and billing processes to ensure that clients are accurately billed for project work and that vendor invoices are paid on time.
• Cost Management of the Project: As per the respective budget and the relevant work breakdown structures
• Project budget: A detailed and accurate project budget that outlines all of the expected costs and revenue
• Monthly financial reports: financial reports that track the project's financial performance against the budget, including actual costs, revenue, and any variances from the budget.
• Cash flow projections: Forecasts of the project's cash flow over time, including expected inflows and outflows of cash, to help ensure that there is always enough cash on hand to cover project expenses.
• Risk assessments: Identification and assessment of financial risks associated with the project, along with strategies to mitigate those risks.
• Financial analysis: Analysis of project finances to identify areas for cost savings or revenue growth opportunities

The ideal candidate for this role will have:

• Bachelor’s degree in Accounting / Finance (Essential)
• Understanding of key accounting concepts and working level of IFRS (Essential)
• Advanced Data analysis experience (Advantageous)
• Post graduate qualification or finance professional qualification would be an advantage e.g. CIMA, CA (SA), MBA etc.
• CA(SA)/CIMA (Highly advantageous)
• Minimum of 5 years relevant experience
• 3+ years working experience within Industrial / Engineering Companies in Accounting 
• Experience in public sector projects, mining or power utility sector will be an advantage
• Exposure to NEC3 contract project would be an advantage
• Technology and Telco experience would be an advantage. 

Core competencies, knowledge, and experience:

• Advanced Data analysis to derive meaningful insights with a high degree of accuracy and attention to detail.
• Advanced skills in MS Excel and Power Point.
• Ability to communicate at with leaders across the business.
• Ability to collaborate and work with different stakeholders.
• Ability to influence and effect change.
• Sense of urgency
• Commercial acumen
• Understand customer needs and assist sales and commercial teams to resolve customer disputes.