Consultant - Financial Reporting and Consolidations

4 weeks ago


Johannesburg, Gauteng, South Africa MTN Full time
Job title : Consultant - Financial Reporting and ConsolidationsJob Location : Gauteng, JohannesburgDeadline : March 13, 2025Quick Recommended Links
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Responsibilities

  • The Consultant: Financial Reporting and Consolidations role is responsible to achieve the following objectives:

Strategy Implementation

  • Deliver service aligned to the MTN framework, policies, procedures and templates established for Record to Report (R2R)
  • Continuously provide input and improve the reporting framework and timelines established 
  • Assist Senior Manager in the formulation of tactical approaches, planning activities for the Opcos and Group.
  • Support Opcos in completing their period end activities in line with the frameworks established

Operational Delivery

  • Perform the consolidation of financial results (financial information) for monthly, quarterly and annual results as well as forecast, high level budgets and business plans.
  • Prepare internal financial reports for Group Exco, Group Board and Group Audit Committee including monthly, quarterly and annual results as well as forecast, high level budgets and business plans.
  • Prepare external financial results reports for analyst community, press advertisements, JSE and statutory purposes in compliance with IFRS, JSE and King IV principles.
  • Define intercompany transactions and account types to be used to account for intercompany transactions.
  • Implement and maintain financial consolidation system and processes.
  • Support the development / update of intercompany policies and procedures.
  • Assist in the preparation, review and distribution of the audit plan and audit instructions. 
  • Assist in managing the external audit process by way of obtaining information in a time bound manner to assist in timely completion of the audit.
  • Investigate and provide input to audit differences.
  • Keep abreast of latest developments in IFRS and integrate into MTN Group accounting policies and procedures.
  • Ensure compliance with IFRS and assist in transitioning the Group operations to IFRS.
  • Conduct quarterly reporting required in terms of loan and financial covenants, and any other legal/regulatory conditions (e.g. SARB, Stats SA, etc).
  • Assist MTN Group operations on accounting issues and implementation of updated processes, standards and reporting parameters.
  • Conduct accounting for merger and acquisition activity and other variable transactions. 

Collaboration

  • Perform business requirement analysis for master data requirements / business intelligence reporting.
  • Assist in transformational initiatives within Finance CoEs, as applicable and drive the required change.
  • Collaborate with the Financial Planning and Analysis team for finalising various commentary.
  • Collaborate with other Finance CoEs, as applicable for reporting requirements.

Continuous Improvement 

  • Drive innovation and optimization initiatives within finance systems, implementing changes that enhance data accuracy, reliability, and overall system efficacy.
  • Analyse potential issues and risks to enable early resolution and course corrections.
  • Analyse the business requirement for master data requirements / business intelligence reporting.

Key Deliverables

  • Consolidated financial results
  • Internal and external reporting inputs
  • Audit planning and preparation
  • Intercompany transaction categorisation

Role Dependencies

  • Understanding of business strategy 
  • Financial Accounting objectives
  • Finance operations and practices

Collaboration

Responsibility towards: 

Internal Stakeholders: 

  • Executive: Financial Operations and Controls
  • Financial Operations and Controls and RAFM Leadership
  • Finance Business Partners
  • OpCo Finance Teams
  • Manco Functions

Qualifications

Education:

  • Minimum 4-year degree in Finance
  • CA (SA)

Experience:

  • Minimum 3 – 5 years' professional experience.
  • Experience in consolidations and reporting and supporting systems. 
  • Experience in the service management of business operations.
  • Experience in leading change / transformation (financial accounting).
  • Experience in continuous improvement through the implementation of best practices (financial accounting and record to reporting).
  • Experience in financial accounting leading practices and trends.
  • Proven success in delivery of high-quality analytics.
  • Experience in working with various stakeholders.
  • Experience in working under pressure and delivering under tight deadlines.

Capabilities:

  • Conceptual Thinker, Problem Solver, Improvement Driver 
  • Culture and Change Champion, Supportive People Manager, Relationship Manager
  • Results Achieve, Operationally Astute

Functional Competencies:

  • Accounting Standards, Policies and Procedures
  • Financial Consolidation
  • Specialised Finance
  • IFRS, GAAP & King IV
  • JSE Regulations

Skills: 

  • Business/ Financial Acumen
  • Accounting and Reporting
  • Finance Operation / Process Mindset
  • Project Management
  • Organisational Awareness
  • Problem Solving
  • Data Presentation and Communication
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