Role Purpose
The Specialist: Finance Operations, TCM is based withinInfinity Services Partner Division.
Role purpose:
Performing the Finance Operations and Financial Management activities in a timely and accurate manner, in accordance with defined operating procedures, policies, compliance and business partner service level agreements:
The primary role is the daily Transactional Cash Management activities include, but not limited to:
Bank reconciliation process
Prepare daily cash flow forecast and requirements
Allocation of EFT Payments made by customers into customer accounts on Eppix
Follow up on all unallocated payments and getting details to ensure that payments are allocated to customer accounts
Obtaining daily bank statements from all bank accounts and sending the file to the Billing Team
Prepare and capture payments, including Interaccount transfers, debtor refunds, etc.
Assist Manager: Finance Business Partnering with the bank account administration and maintenance
The successful candidate will be required to interact with banking partners, establish close relationships with the other team leaders across Operational and Technical teams. The individual will enjoy problem solving and striving to improve the metric of the operational excellence and a culture of continuous process improvement will be essential to ensure world class operational performance.
Past achievements will demonstrate an expertise with sub processes, a capacity to work well with people and enjoys solving issues and striving for best practice.
Your responsibilities will include:
Perform month end accounting activities and prepare financial reports for all TCM and Debtor related transactions and balances
Assist to resolve collection and bank account related query management, disputed debit orders, customer refunds, etc.
Maintain internal controls, policies and procedures
Prepare accounts receivable reporting, including ageing, bad debt, etc.
Perform calculations and raise invoices for management & service related fees based on criteria per agreements
Liaise with operational and IT teams to ensure collection process is maintained, e.g. debit order instructions process, over the counter deposits, EFT
Financial Management activities would include, but not limited to, the periodic accounting and financial reporting, preparing information for financial statements and planning , e.g. providing input for budget/long range plans/rolling forecasts.
Provide assistance and back up function for the Specialists Roles responsible for Procure to Pay (PTP) and Record to Report and Financial Management (RTR).
Performance management
Allocation of customer EFT payments into their accounts
Follow up on unallocated payments and obataining relevant missing information
Provide regular updates on performance of the sub process(es)
Follow the escalation path and non-surprise management philosophy
Identify promote and implement initiatives to improve the Finance Operations process
Support the business in resolving operational process and control issues
Supervision of the monthly end closing activities, review and approval of transactions and balance sheet reconciliations, identify gaps and steps to be taken to correct incorrect entries
Compliance and control
Adherence to the relevant policies, laws and regulations; Report breaches in relevant Policies
Ensure that all compliance requirements are met: SARB Regulations, Internal Audit, External Audit, Key control questionnaires, Certifications, Statutory reporting and disclosures
Work with other departments/teams to ensure all cross department issues are resolved.
The ideal candidate for this role will have:
Matric
BCom graduate, in Accountancy or business related field
3 –5 years related financial experience, preferably in a transactional cash management and treasury environment:
Strong Treasury and banking administration knowledge
Ability to work within a team to achieve goals
Working knowledge of Accounting Standards and Financial Reporting requirements (IFRS)
Closing date for Applications: 15 July 2021
The base location for this role is,Centurion, Infinity Services Partner Division
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.
