Finance Business Partner

1 month ago

Cape Town, South Africa Construct Education Full time

**Location: Cape Town - Hybrid model (2-3 days in the office)**

**Contract Type: Permanent**

**Working Hours: 10:00AM : 18:30PM (SAST)**

**Role summary**
- Responsible for transactions and balances in all banking (receipts and payments), fixed assets, intercompany and SG&A accounts across all group in scope
- Contributes to the control environment of the group

**Requirements**:

- A relevant tertiary qualification
- 3-5 years experience working in a finance team using ERP systems (Oracle, SAP, NetSuite or Microsoft Business Central experience is advantageous)
- Experience with group reporting is advantageous
- Excellent Excel skills
- Have an analytical and problem-solving mindset with an ability to generate clear, well presented and accurate insight
- Good communication, negotiation and interpersonal skills
- Ability to handle conflict and work under pressure
- Affinity for people and a track record of collaboration

**Tasks**:

- **Own the process mapping for these 2 processes within the SOP**:
- Purchase to pay
- Record to report (SG&A and balance sheet)
- **On a daily basis, perform the following tasks**:
- Capture bank account deposits and direct bank account payments for all bank accounts
- Perform daily bank reconciliations for all bank accounts
- Capture approved AP invoices received, paying attention to their allocation and due dates
- **On a weekly basis, perform the following tasks**:
- Process weekly expense payment runs and present to the relevant FM for review
- Process weekly AP payment runs and present to the FM or FD for review
- Update the Fixed asset register for new purchases where applicable
- **On a monthly basis, perform the following tasks**:
- Process IFRS adjustment journals in the relevant entities
- Update Depreciation calculations and post the relevant journals. Prepare monthly fixed asset reconciliations and present to the FD for review
- Prepare intercompany account reconciliations and present to the FM/FD for review
- Maintain and update the monthly insurance schedule and present to the FM/FD for review
- Update monthly exchange rates on NetSuite
- Review the AP ageing across all entities and present to the FD for review
- Own the GL reconciliation process to ensure that all balance sheet accounts are reconciled and only ‘open’ items are shown in the ledger reports.
- Own completion of the monthly management accounts, investigate significant variances between actual and plan (as directed by the FD) to ensure timely submission to OES
- Review the balance sheet with the FD prior to finalisation of monthly management accounts.
- **On an ad hoc basis, perform the following tasks**:
- Oversee the annual budgeting process as directed by the FD
- Support the FMs with information and analysis as required to fulfil statutory and tax compliance requirements, as directed by the FD
- Provide any other ad hoc reporting, as directed by the FD or FMs

**Benefits**

**These are some of the perks you can expect when you join the team**:

- Flexible working hours
- Generous annual leave policy
- Paid maternity, parental, and study leave benefits in line with policy
- Learning and development opportunities within a global team
- Fun events organized by the Construct Social Committee

**ABOUT CONSTRUCT EDUCATION**

Construct Education is a strategic digital learning solutions company specializing in the design of innovative, impactful, and bespoke digital learning experiences. As a wholly-owned subsidiary of OES, a global leader in education solutions, we continue to push the boundaries of online education.

Construct Education is a fee-for-service partner to institutions, and organizations worldwide, creating digital learning experiences that empower both learners and educators. We are committed to redefining online education in a way that prepares learners for real-world challenges and helps them succeed in their careers.

We are on a mission to transform online learning and bridge the gap between education and employment. Our vision is for everyone to have access to meaningful education through superior online programs.

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