Posted on :
16 Dec, 2022
16 Dec, 2022
Cell C is looking for an experienced Senior Financial Reporting Analyst to join the team.
Job Title: Senior Financial Reporting Analyst
Location: Johannesburg Metropolitan
Duties & Responsibilities:
To support the timely and accurate financial and management reporting processes and rigorous analysis. Represents the department in the company, if required, and coaches and supports the development of junior assigned to him/her.
Financial analysis and Management Reporting:
Preparing financial analysis aimed at understanding the current and expected performance of the company. Such analyses are done in the context of actual performance against plans (Budgets) and forecast and drilling on key problem areas to understand root causes.
Identifying and exploring possible solutions to issues impacting financial performance.
Investigating and answering questions within the scope of the role’s responsibility.
Gathering and validating the integrity of information from different sources (systems and departments) required for financial analysis. Such information include operational KPIs and financial data such as:
Income Statement, Balance Sheet and Cash Flow performance and articulate this in the Monthly Management Report (MMR), Investor, Shareholder and other ad-hoc reporting.
Identify trends and provide appropriate commentary.
Responsibility for Capex, Balance Sheet and Cash Flow variance analysis against budget/forecast and prior periods.
Review significant Balance Sheet accounts to verify the outputs and understand variances affecting financial reporting.
Provide support to the Budgeting and Forecasting processes, ensuring alignment with the Business Plan.
Prepare Reporting related journals, including consolidation journals.
Review complex transactions for appropriate IFRS application including changes in accounting policies.
Gather supporting information for the preparation of Annual Financial Statements.
Supporting the preparation of financial reports such as:
Annual, Quarterly and Monthly financial reports including reporting to Blue Label Telecoms,
Management, shareholder and investors reports
Product Profitability reports such as product, tariffs, channel, IT and NW platforms profitability
Cost Center reporting.
Monitor the activity within operational finance and other relevant areas of the business to ensure that the transactional processing is completed according to predefined timelines for group reporting.
Reviewing the financial reports, identifying and correcting inconsistencies between different data sources, identifying trends, providing appropriate commentary, and ensuring an appropriate level of insight on the performance of the company.
Data Integrity and automation
Ensure that final numbers reported are correctly reflected in the Cell C ERP system (Oracle and Workiva).
Participate in automation of MMR and AFS in Workiva (Reporting Platform). Contribute to the improvement in automation of new reports where appropriate.
Monitor the changes between systems, additions of general ledger accounts and update the mappings to reflect the most up to date data
Key Stakeholders support (Ad hoc reporting)
Support the preparation of information requested for the Cell C Recapitalisation project.
Support the preparation and audit of the Cell C financial reporting for half year and Year end
Provide support to the external tax consultants where needed
Prepare regulatory returns as requested by the relevant authorities (ICASA, SARB, StatsSA, etc.)
Reinforce the following interdependencies:
Operational Finance (Accounting team): Processing of accounting transactions. Obtain information for financial reporting disclosures.
Corporate Finance: Produce Investor and ad-hoc reporting upon request. Obtain information to support preparation of financial statements
Budget & Forecasting: Interact to understand basis of preparation of budget to assist variance analysis
Desired Experience & Qualification:
Degree in BCom Honours, BCompt, or similar
Completed CA Articles or CA (SA) an advantage
4 years minimum experience in financial reporting or financial management
Telecommunications / IT industry experience advantage
Knowledge of ERP systems (Oracle Suite and Workiva an advantage)
Excel proficiency a must
Attention to detail
Ability to work independently and to influence