Senior Manager: Gross Margin

1 week ago


Midrand, South Africa SoluGrowth (Pty) Ltd. Full time

SoluGrowth is looking for a Senior Manager: Gross Margin & Accounts Receivables:

- To manage the correct performance of all accounting activities related to billing of traffic and hardware sales and inventory
- Manage month end accounting closing and ensure the consistency of revenue direct cost/ accruals and inventory reported on the trial balance
- Ensure commissions are calculated and paid
- Manage the accounts receivable process from billing until collections
- Manage the teams under his/her responsibility
- To provide problem-solving, coaching, direction, and guidance to the staff/team
- To manage the day-to-day interaction of the staff/team, with clearly defined goals for guidance

**RESPONSIBILITY**

**Billing and Invoicing Management (AR)**
- Manage and validate the data generated by company’s rating systems preliminary to invoice issue
- Authorise the issue of invoices and bill run towards customers, wholesalers, virtual operators, interconnecting and roaming partners after evaluating the correctness of data.
- Manage the reconciliation of sales reported on accounting and statistical reports including stock inventory.
- Responsible for the IFRS 9 model. Collate and review all data provided.
- Review the IFRS 9 model for validity, accuracy and completeness
- Ensure the necessary journal entries for the ECL account are posted
- Review the ECL balance sheet account reconciliation
- Receive, review and authorize the payment for all the passive invoices related directly to traffic sales

**Accounts Receivable**
- Review of monthly age analysis for all clients and ensure collections are in line with credit terms
- Escalate any long outstanding items to executives
- Perform quarterly review on all long outstanding items and advise management if there is need for legal intervention and/or write off needed
- Address client queries if escalated by the Accounts Receivable team
- Review all balance sheet accounts and ensure all items are cleared within 90 days
- Review all discounts
- Review all related party transactions monthly
- Ensure all nettings are done with suppliers on time monthly
- Review customer reconciliations on a rotational basis

**Interconnect/Roaming Activities**
- Manage the accounting activities related to interconnection and roaming.

**Wholesale and MVNO**
- Review the monthly MVNO revenue and cost accruals.
- Analyse monthly revenue and cost trends and follow up on abnormal variance

**WASPs**
- Review the monthly WASP revenue and cost accruals.
- Implement/understand the processes required to produce bulk SMS and WASP revenue information on a monthly basis.
- Determine and implement control indicators to validate monthly information during reporting period.

**Commissions**
- Ensure commissions are calculated and paid timeously
- Ensure the system is updated to account for any business rule adjustmentsReview all IAS documents and ensure they are implemented on time.
- Review and authorize all changes to commissions prior to submissions to execs and ensuring all changes are authorized before implementation.
- Ensure all queries are dealt with adequately
- Review final monthly figures and authorize payments.

**QUALIFICATIONS AND EXPERIENCE**
- BCompt, Honours (Accounting) Degree with Articles
- CA(SA) qualification - preferable
- 5 + years accounting/audit experience
- 3 + years inclusive management experience
- Strong accounting and Financial Background
- Billings, commissions, and contract knowledge is a definite advantage.
- Experience in Telecommunications industry will be an added advantage.

**CORE COMPETENCIES & ATTRIBUTES**
- Emotional Intelligence (EQ)
- Diversity and Inclusion
- Influencing with Integrity & Ethics
- Agile Leadership
- Change and Innovation
- Outcome-Based Orientation



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