Executive Head: Finance Operations

3 weeks ago

Midrand, South Africa Vodafone Full time

**Role purpose**:
The Executive Head of Division (EHOD): FinOps is responsible for effectively leading the teams and implement the FinOps strategy regarding financial cycles, policies, procedures, systems and controls in an agile well-controlled environment for activities managed locally, as well as in the Vodafone Shared Services (_VOIS), within the following FinOps processes:

- Procure to Pay (PTP) including GRIR management and accounting
- Real Estate Contract Management and Accounting (IFRS16)
- Travel & Expenses (T&E)
- Transactional Cash Management (TCM) including Cash Flow Forecasting, Forex and Hedge Accounting
- Operational Expenses Accounting and Reporting (Opex)
- Intercompany and Intra-Group (ICO) including intercompany eliminations for the VSA Group
- Payroll Accounting and
- Staff Cellular (SC) Accounting.

**Your responsibilities will include**:

- Overseeing the end-to-end processes, related accounting activities and projects within each process to accurately reflect the financial position of the organization and to ensure local financial statements are compliant with accounting standards;
- Build and maintain relationships with all relevant internal and external stakeholders, including the _VOIS;
- Lead the development and evolution of processes, including driving continuous improvement, ongoing efficiency and cost reduction initiatives.

**Key accountabilities and decision ownership**
- Financial Reporting Process Lead responsible for coordinating the month end close process and activities for PTP, T&E, TCM including VPS, Intercompany, Opex, Payroll and Staff Cellular Accounting.
- Ensure Core Business Model (CBM) policies & processes and governance/compliance (SOX, Internal and External audit) frameworks are in place and adhered to.
- Collaboration work with various teams within Finance Operations as well as with _VOIS, Group Finance & Treasury, Business Partnering, Auditors, Vendors, Customers and other business partners
- Process innovation and automation projects to ensure continued improvement of the accuracy and timeliness KPI’s within each function
- Develop required policies, procedures and controls for all processes to mitigate financial risk to the Company, providing accurate reporting for statutory and management accounts and maintaining and reviewing procedures that support finance and supply chain requirements.
- Chartered Accountant
- At least 10 relevant experience
- SOX, IFRS and local GAAP knowledge

**Core competencies, knowledge and experience**
- Recognized industry leader in specific area of competence
- Strong communication/influencing and decision making skills - ability to balance conflicting interest
- Operational finance experience
- Deadline & Results driven
- Process improvement mind set
- System knowledge - SAP ERP and HFM

Closing date for Applications**:09 February 2024**

The base location for this role is,** Vodacom Midrand Campus.**

The company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
Vodacom is committed to an organisational culture that recognises, appreciates and values diversity & inclusion.

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