Financial Operations Opex Specialist | Vodacom

Vodacom Vacancies – Financial Operations Opex Specialist

We are seeking a diligent and detail-oriented Financial Operations Opex Specialist to ensure precise and comprehensive Opex-related accounting within our operational sites. This pivotal role involves managing ledger entries, overseeing month-end closures, and facilitating Financial Year End reporting. Additionally, you will provide vital support for compliance with IFRS and Group Policies, assisting in the implementation and review of financial Policies and Procedures, SOX Controls, and other Internal Control Standards pertaining to Opex.

Key Responsibilities:

Operational Expenditure:

• Conduct monthly analysis of operational accounts to detect trends and anomalies.
• Provide journal recommendations based on thorough analysis to ensure accuracy and completeness of expenditure.
• Reconcile ERP data with source information systems for all recorded entries.

Reporting:

• Analyze reported data to identify key trends and anomalies, promptly investigating and resolving exceptions reported to senior management.
• Report actual costs at the site level, ensuring timely identification and reporting of material risks and opportunities.
• Assist in month-end management reporting, including Cost Center level reporting and Cashflow reporting, while preparing SOX controls.

Month-End Closing (MEC) Daily:

• Oversee daily, weekly, and monthly activities performed by a shared services center, ensuring accuracy and completeness of operational expenditure through bi-monthly analysis.
• Verify completeness and accuracy of depreciation and interest.
• Post additional journals and adjustments to maintain accurate and complete records, including Opex accruals, reallocation journals, and intercompany journals.
• Ensure completeness and accuracy of the balance sheet through thorough review of balance sheet reconciliations.
• Provide necessary information to tax and offer support as required.

Internal Control Environment:

• Support the implementation of a robust control environment, ensuring adherence to all relevant group policies.
• Assist in implementing appropriate SOX controls, internal controls, and compliance requirements concerning the month-end close and reporting process.

Ideal Candidate Profile:

Qualifications:

• Minimum of 2+ years of relevant experience.
• Experience in Technology and Telco sectors would be advantageous.
• Proficient understanding of Accounting principles.
• Excellent proficiency in MS Office, particularly Advanced Excel, Word, and PowerPoint.
• Familiarity with SAP ERP and HFM would be beneficial.

Core Competencies:

• Effective Planning, Execution, and Delivery of Quality Results.
• Strong Communication, Teamwork, and Collaboration skills.
• Sound Judgement, Decision Making, and Integrity.
• Ability to engage proficiently with the senior leadership team.
• Capability to manage internal and external relationships with key stakeholders effectively.

What We Offer:

• Attractive incentive programs and competitive benefit packages.
• Exclusive 13th cheque.
• Retirement funds, risk benefits, and medical aid benefits.
• Cell phone and data benefits, discounts on fiber connections, and exclusive staff discounts in collaboration with partner companies.

If you are a proactive professional seeking a challenging role in financial operations, apply now to join our dynamic team and make a significant impact!