Cell C Ltd Recent Job Recruitment – Apply Now!

Cell C is looking for an experienced Senior Gross Margin Analyst to join the team

 

 

 

 

Job Title: Senior Gross Margin Analyst
Location: Johannesburg Metropolitan

Job Summary:
Duties & Responsibilities:
Billing and invoicing activities:

Identify the relevant sources to account for relevant revenue streams
Define specific information required from sources to account for revenue in accordance with IFRS.
Implement/understand the processes required to produce revenue information on a monthly basis.
Ensure Monthly Bill Run is accurate and correct any discrepancies are escalated and rectified with IT.
Ensure chart of accounts on the raw Bill Run data are correctly mapped.
Liaise with billing department to ensure bill run is successfully closed.
Identify, implement and perform required controls in the revenue processes to ensure accurate information is produced on a monthly basis.
Determine and implement control indicators to validate monthly information during reporting (Fast Close) cycle.
Calculate and post relevant journals
Review accuracy and allocation of invoices
Perform correction and reallocations for incorrect invoices.

Unearned and Prepaid revenue:
Calculation of unearned revenue in accordance with IFRS and company policy.
Calculation of voucher discounts per channel type in line with channel agreements and recognition of discounts in accordance with IFRS standards.
Ensure correct discount rates are applied and investigate discrepancies.
Ensure accuracy of reallocation journals of monthly-prepaid usage.
Manage all items relating to unearned and prepaid revenue on a month end basis.
Perform various reconciliations relating to voucher sales, unused vouchers, recharges, closing balances, voucher gross ups and free minutes.
Provide input for the accounting of new products.
Monitor margins on prepaid products and give reasons for the possible variances

Intercompany:
Processing of monthly intercompany journals between separate entities as per Intercompany agreement.
Generate monthly intercompany invoices.
Preparation of intercompany invoice schedule to be submitted to tax specialist.
Ensure accuracy of intercompany transactions before trial balance close deadline.

Cost of sales activities:
Identify the relevant sources to account for relevant cost of sales items.
Define specific information required from sources to account for costs in accordance with IFRS.
Implement/understand the processes required to produce cost information on a monthly basis.
Identify, implement and perform required controls in the processes to ensure accurate information is produced on a monthly basis.
Determine and implement control indicators to validate monthly information during reporting (Fast Close) cycle.
Communicate accrued amounts and to the Commercial department and/or vendors for invoicing.
Review accuracy and allocation of invoices
Perform reallocations for incorrect invoices.

Month end closing and reporting activities:
Investigate any possible over/under accruals and amend future calculations methods, processes or information to ensure accurate accruals.
Ensure all reversing journals reversed correctly from previous month.
Identify previous accruals that were not invoiced and perform re-accruals calculations and journals.
Validate monthly information received by reviewing control indicators.
Identify any discrepancies and investigate the root cause with source systems
Calculate revenue amounts to be accrued and perform the relevant journals.
Calculate unearned revenue release or deferral at month end.
Calculate and account for any relevant discounts.
Prepare reconciliations for reported revenues with external sources.
Investigate any discrepancies and alert Financial Reporting team with any late adjustments to revenue figures.
Understand budget revenue number and identify relevant drivers.
Analyze current month revenue numbers against budget and prior month figures.
Provide logical explanations for movements against budget and prior month figures.
Populate supporting information relating to revenue and cost drivers.
Perform reconciliations for relevant General Ledger accounts
Prepare weekly cash flow forecast information
Prepare comment report based on an analysis of actual figures for the month.

Process creation/maintenance:

Evaluate the need of official processes/procedures for the tasks under responsibility and implement them with the collaboration of Continuous Engineering
Annual assessment of the written procedures/ instructions with the need of the activity and eventually promote the updates on the system

Reporting :

Detailed variance analysis of income statement and balance against budget and prior month figures.
IFRS disclosure tables under responsibility
Providing detailed analysis on complex transactions and contracts
Populate supporting information relating to revenue and cost drivers.
Provide logical explanations for movements against budget and prior month figures.
Ensuring that the internal controls implemented are adequate and are continually assessed and improved
Responsible for timely submission of audit information

Desired Experience & Qualification:
Minimum Qualifications:

BCom Degree with Honours

Experience:
5 years plus within Financial Environment
Strong Excel Skills
Computer literacy ( Oracle system knowledge an advantage)
Previous Telecommunication industry experience essential

To Apply:

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