Specialist: IFRS & Compliance at Hatch

Role Purpose

• Ensure compliance in terms of International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), statutory, SOX and Companies Act compliance, Group policies, monitor of internal and external control.
• The role will require strong IFRS technical expertise, IFRS reporting, statutory accounts preparation, strong stakeholder management skills. The ideal candidate will also possess excellent analytical and operation capabilities, strong financial skills and be able to critically evaluate transactions for IFRS and statutory reporting, and has the proven ability to convey complex assessments in IFRS clearly to management and other members of the business.

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Your responsibilities will include:

• Implementation of new and amended IFRS standards and interpretations as issued by the IASB on a regular basis based on the effective date as well as the implementation date per Vodafone.
• Implementation and monitoring of all IFRS requirements as issued each quarter through the Vodafone Group Plc Financial Reporting and Governance Manual (VGIAP).
• IFRS support/guidance to finance operations within VSA and Vodacom non-core financial teams as well as the international business where requested.
• Completion of IFRS accounting memorandums for agreements and significant transactions with review depending on materiality to management, VF Group IFRS, and auditors.
• Annual financial statements per IFRS disclosure requirements with no material misstatement.

Month-end Reporting

• Address and support all IFRS accounting issues raised during the month-end reporting process.
• Supervision and coordination of balance sheet and sub-ledger reconciliations and reporting thereof.

Interim And Year-end Reporting

• Interim and year-end statutory reporting submission, certification compliance to Vodacom Group and VF, external audit process. Applicable to multiple requirements.
• Completion of annual financial statements, review with management and audit with auditors with no material misstatements. Applicable to multiple entities.
• Ensure compliance and no material misstatements with IFRS and related disclosures for all entities.

Compliance

• Ensure adherence to company policy, internal controls, SOX, and internal & external audits.
• SOX: completing specific sox controls relating to area accurately as per control description and per timelines.
• Internal audit: Actively monitor close out of findings, ensuring no overdue items.
• External audit: Liaison, including audit requirements and follow up. No long outstanding items or material issues not reported.
• General Ledger Reconciliations: Work with other Finance Operations functions to improve quality, peer review, reporting, accurate and completion per timeline.
• Manage, improve and develop processes and systems for accounting purposes.
• Implement and drive quality standard frameworks and ensure that high levels of quality accounting are maintained, including alignment with global best practices.
• Quarterly and bi-annual statutory submission to Stats SA.
• Assisting with ad-hoc projects and key participant in C4 projects.

Stakeholder Management Skills

• Attend to business partner, VF reporting & IFRS, COP and audit 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.

The Ideal Candidate For This Role Will Have

• CA (SA), Qualified Chartered Accountant South Africa
• Minimum of 5-7 years relevant experience of which articles of 3 years can be included

Job-Related Skill

• Ability to work without supervision – complete tasks end-to-end
• Ability to handle complex transactions end-to-end
• Adherence to policies and procedures and ensure regular update
• Analytical thinking and problem solving
• Agility – results, mental, people, change
• Good interpersonal skills on all levels
• Good verbal and written communication skills
• Management of pressure
• Mindfulness and self-awareness
• Working together for common goal and completion
• Proactive with positive outlook
• Planning and Organising.
• Disciplined & Deadline driven

Job Knowledge

• IFRS technical expertise

Experience In Financial Reporting And Statutory Reporting Requirements

• Experience of external and internal audit process
• Excellent working knowledge of MS Office, especially Advanced Excel, Word and PowerPoint.
• Financial systems especially SAP, Hyperion Financial Management

Leadership Competency

• Ability to engage effectively with management, business partners, auditors
• Manage expectations from management, business partners and other areas of the business for accounting deliverables