Financial Controller Record to Report The OrganisationThe MultiChoice Group is a broad-based multinational media and entertainment group headquartered in South Africa, Dubai and Netherlands with principal operations in pay television, video entertainment, advertising and content security serving rapidly growing base of 13.5 million households. Eminent brands within the group include DSTV, GOTv, SuperSport, M-net, DSTVnow, Showmax and Europe based content security leader Irdeto. Key areas of operations are:
Storytelling ranging from content creation, production and aggregation including the best global general entertainment, sport and eminent African content library, delivered to customers
Pay Television: direct-to-home satellite and digital terrestrial television services;
SVOD: subscription video on demand services across multiple online platforms with a focus on library and local content in developing markets, and
Advertising: providing dynamic media solutions; handling commercial airtime, on-air sponsorships, content integration, and online sales across a variety of 130+ channel brands on linear TV, VOD, social media, and digital platforms.
The group’s strength lies in its focus on local language and culture, its entrepreneurial spirit and the quality of its workforce. MultiChoice Group (MCG) has a successful history of identifying trends early, adapting them for the markets in which it operates and leveraging them to maximum advantage. The group generates revenues primarily through subscription model, with a growing contribution from advertising revenue. Its key objectives are to:
Expand Pay TV, SVOD subscriber base and advertising sales
Focus on investment and technology
Maintain a local approach
Provide quality service
Attract innovative and motivated employeesPosition NameFinancial Controller Record to ReportPosition IDReports toFinancial ManagerDirect Reports3DivisionFinance Shared ServicesDepartmentFinance Shared Services Record to ReportKey CustomersInternal: Finance Business Partners, Group Reporting TeamLocationBased in South Africa, Johannesburg, RandburgPurpose of the Position
To take responsibility for the fixed assets processes, governance and reporting.Key Performance ObjectivesTasksGovernance, Controls & PoliciesTake responsibility for the development, implementation and maintenance of robust controls, procedures and policies
Ensure relevant processes implemented and documented for all fixed assets activities
Compile and update risk control matrix and ensure relevant controls implemented to mitigate these risks
Identification of control weaknesses and recommendations for improvements
Monitor compliance to accounting policies
Ensure compliance to policies, internal controls and external audits
Support internal audits and ensure that any findings are resolved
Ensure that all external audit findings are addressed and relevant controls/remediations are implemented
Assist in the improvement and development of processes and systems for accounting purposes
Work with cross functional teams within Shared Services and the business to ensure compliance, accuracy and efficiency in financial areas
Enforce governance of the Fixed Assets policy and recommend policy enhancements
Support the Finance Shared Services Innovation team in governance initiativesMonth end and Year endResponsible for asset accounting
Responsible for the month end and year end reporting
Provide direction, oversight and management to the team
Ensure accuracy and completenss of fixed assets regiseter. Alignment to tax asset register
Work with business partners and other Finance Shared Services departments to ensure an accurate and efficient month end close for fixed assets
Responsible for reviewing and approving journals and ensure accurate processing in SAP
Manage the monthly HFM process including Loading, Validations, Disclosures for fixed assets – Ensure fixed assets accurately reported in Income Statement, Balance Sheet and Cashflow
Responsible for accurate lease accounting
Provide relevant asset repoting to business
Ensure that Balance Sheet accounts are accurately recorded and reconciled as per the reconciliation policy. Review balance sheet reconciliations, ensure relevant supporting documentation to substantiate the balances, identify issues and action plans to resolve
Develop value added reports to provide to Finance Business Partners
Review reports prepared by the team and send them to the applicable Head of Finance
Resolve queries received from business partners
Consult with the Tax Team on applicable matters related to month end close
Support the Annual Financial Statement and Statutory Pack process. Provide relevant fixed assets disclosures
Manage external audit queries and assist auditors
Work with cross functional teams in the shared services and business to ensure compliance, accuracy and efficiency in financial areasOperationalSocialise policies and procedures with business. Provide necessary support to guide the business
Develop and distribute relevant fixed assets reports
Monthly meeting with various business units to understand requirements
Timely & relevant delivery of analysis, insight and actions
Drive and monitor KPIs and implement initiatives to ensure improvements. Ensure that all relevant and strategic KPIs are reported
Initiate and manage the improvement of processes
Standardisation of processes across the BUs.
Automation and streamlining of processesGeneralAssist the Record to Report Senior Manager on strategic finance projects as determined by the Head of Finance Shared Services
Ad hoc projects that arise on a continuing basis
Analysis and financial modelling
Attend to business partner queries
Manage, improve and develop relationships with internal & external stakeholders
Consider the impact of solutions on other areas of Finance and the business, as well as the interdependency of units
Support the Finance Shared Services Innovation team on projectsQualifications
CA (SA)Experience & Skills
Minimum 1 year relevant experience in a similar roleBehavioural Competencies
Accountability
Teamwork
Delegation
Interpersonal Support
Perserverance
Motivating
Prioritisation
Analytical Thinking
Attention to detail
Ability to prioritise in order to meet multiple deadlines
Ability to work under tight deadlines and pressured situationsTechnical Competencies
Systematic and analytical skills
SAP system experience
Hyperion Financial Management
Advanced excel skills
Reporting experience would be advantageous
Job: Functional
Primary Location: ZAF-GT-Randburg
Organization: Shared Services
Schedule: Full-time
Job Posting: 10-09-2020
Closing Date (Period for Applying) - External: 17-09-2020
