Executive Head of Finance Business Partner

7 months ago

Midrand, South Africa Nexio Full time

**ROLE PURPOSE**
Nexio is a specialist ICT solution provider that helps clients build, support, and manage their IT infrastructures. We have operations in all 9 provinces across the country, over 200 clients and over 500 employees and as a Level 1 BBBEE we put to practice our commitment to South Africa’s transformation agenda, we are at the forefront of digital transformation and cybersecurity. Our solution sets will assist our customers in their digital transformation journey

Our established national footprint coupled with our unrivalled experience in the emerging markets and our exceptional technical offerings achieve our goals of profitability, operational agility, and client satisfaction. By joining our talented Nexio team, you will have the opportunity to become part of our national organization that offers you the opportunity to grow and develop your career.

At Nexio, we have identified five major reasons why our people want to work for us:

- They get rewarded for their efforts
- They have opportunity to work with high energy team
- They form part of the Vodacom/Vodafone Group
- There are opportunities to grow their careers
- They build trust and Lead with a competitive culture

As EHOD Finance Business Partner, you will be responsible to ensure that key business objectives of Nexio are met through providing operational financial support and partnering with business unit segment heads to ensure effective decision making, informed by financial insights and business intelligence. To enhance value creation and deliver the highest quality Profit and Loss planning and management

As Head of FBP you will be responsible for the following functions: Business Unit Decision Support, Financial Accounting, Treasury, Revenue Assurance, Expenses Management, Statutory and Working Capital management

**ROLE REQUIREMENT**
- Provide insightful, timely and value-added input so that BU management teams see Decision Support as a key contributor
- Develop credibility with segment (Regions, Costs centres, Contracts, sales segments and Service units) management so in order to able to challenge the business to achieve its objective and generate value for the company and assist in bring consistency across all the business units in terms of decision support presentation.
- Enable improved decision making and identify and drive focused corrective actions.
- Challenge the business to drive sustainable value proactively through informed and insightful decision making by analysing actual results
- Evaluate product performance
- Support sales segment offerings in Nexio and support the EHOD FP&A in driving Technology Efficiency Programme initiatives.
- Post implementation reviews (capex, contract, and product) and developing the enablement processes to make corrections to products
- ** Develop accounting strategy**
- Investigate and analyse the International Financial Reporting Standards (IFRS) and the strategy of the Group to determine possible accounting implications on Nexio
- Evaluate the impact on the accounting of new products/services offered and new contracts entered by the Nexio
- Identify the finance operational activities that could impact on the accounting of the Group; Determine the IFRS guidance and international benchmarks that impacts on the accounting policies
- ** Manage external audits**
- Prepare and agree the annual auditing schedule with the relevant business units and external auditors
- Agree the objectives and deliverables of the audit with the external auditors in accordance with IFRS requirements
- Contract the deliverables and target dates with the audit team members in accordance with the audit plan
- Schedule the audit in accordance with the audit plan together with the relevant role players
- Compile the appropriate documentation on conclusion of the audit i.e. annual financial statements
- Conduct the generic follow-up actions in accordance with the external audit findings and contract the specific follow-up actions. Monitor line to ensure that the audit findings are addressed
- Manage external audits in accordance with policies and procedures and within the allocated time frame.
- ** Statutory compliance**
- Identify the applicable statutory requirements utilising the relevant resources
- Guidelines Legislation and Legislative interpretation Industry Specialist External Auditors Highlight the interpretation of the applicable IFRS guidelines to the relevant role players
- Manage and review the implementation of the necessary changes or amendments in accordance with the IFRS guidelines
- Monitor the compliance to IFRS to ensure statutory compliance is achieved; and Ensure statutory compliance actions are completed within the allocated time frame.
- Annual Financial Statements
- Taxation Compliance
- Submission of annual returns
- Management of the record to report process
- Development and management of accounting policies and operational procedures
- Project Accounting
- Contract Accounting
- Bala

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