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17 May 2022

Permanent Manager: Technical Accounting Wanted

Bradshaw LeRoux Consulting – Posted by JobWire24 Gauteng, South Africa

Job Description

Manager: Technical Accounting Wanted

Location: Gauteng

Job Type: Permanent

Company/Employer: Bradshaw LeRoux Consulting

Job Title: Manager: Technical Accounting Wanted

Vacancy Details

  • Core purpose of the Job
  • Working closely with the company Executive Leadership Team and the Opco CEOs, the With the rapid growth of business in GlobalConnect (GC) – Fixed and Mobility Executive: Group and incorporation
  • of FibreCos across African Markets which results in higher volume and complexity of our financial reporting, technical accounting expertise and consolidation needs GC Finance actively seeking a dynamic and experienced Financial Accounting Manager to focus more specific on Financial reporting requirements for Group and external stakeholders, ensure IFRS compliant and report consolidated GC group performance on monthly basis with the additions of new FibreCos in various market as subsidiaries of the group. The role reports to SM Finance GC.
  • This position requires a self-starter who will work to continuously improve financial accounting processes while maintaining a rigorous control environment. The role requires working with multiple internal teams within GC, regular collaborations with Group Finance and Opcos.
  • Key Performance Areas

Key Tasks:

  • Review of all month end entries prior to loading in FCCS by GC
  • Complete monthly disclosure check list and submit to Group Finance
  • Prepare interim, hard close and year end reporting packs
  • Liaise with external auditors to ensure timely completion of the interim, hard close and year end audits
  • Prepare Annual Financial Statements (AFS)
  • Review working documents prepared by GC Finance/FibreCo Finance teams related to IFRS 9, 15 and 16
  • Prepare IFRS 16 accounting entries and post in the system
  • Ensure compliant with all Group accounting standards
  • Regular review of management estimations like fixed asset depreciation policy
  • Consolidation of GC Group actual results on monthly basis ( FibreCo BV, FibreCos in Kenya, Zambia, Ghana and other Opcos with the carveout)
  • Review Intercompany transactions monthly actuals and budgeting
  • Prepare cash flows and recon intercompany matching and loading, review non cash adjustments
  • Accounting of debt funding to Opcos and carry out fair value and impairment assessment
  • Review and approve accounting entries posted by GC Finance team in the system (IFS, Oracle)
  • Support various capital structure reviews and implications for various investments
  • Identify and document key financial risks, issues and dependencies and set mitigation actions in collaboration with Key Finance members in GC including Treasury and Tax
  • Support FibreCos where needed in reviewing their period end activities in line with the frameworks established
  • Provide technical accounting advice to GC Finance and FibreCo teams when needed
  • Review and provide technical accounting view on principal vs agent revenue recognition assessment on new product and services
  • Custodian of the GC Group COA and collaborate with Boost team for any new mapping/re mapping requirements
  • Support various Group Finance ad-hoc requirements time to time
  • Prepare internal financial reports for GC Exco, GC Board and Audit Committee including monthly, quarterly and annual results
  • Prepare formal papers for the board and other stakeholders on technical accounting matters relevant to GC and FibreCos
  • Keeping abreast of latest developments in IFRS and integrate into the Group accounting policies and procedures
  • Continue to keep update GC Finance team on various developments in Group Finance frameworks, policies and IFRS pronouncements and ensure timely implementation
  • Manage and assist with the implementation of changes to the Group accounting policies and new accounting standards in GC & FibreCos
  • Support and review any financial implications related to Opco Fibre Carveouts
  • Coordinate, manage and review special accounting advisory reports received from consultants, auditors at the request GC management
  • Assistance to GC Finance and FibreCo Finance teams on various accounting issues and implementation
  • Accounting for merger and acquisition activity and other variable transactions
  • Analyse and provide input on business requirements for business intelligence and reporting and or master data
  • Required Skills
  • chartered accountant : 5 to 6 years
  • Candidate Requirements
  • Job Requirements
  • Minimum 4-year bachelor’s degree in Finance, Commerce, MBA would be a plus
  • Qualified CA, ACCA
  • Fluent in English and language of country preferable Experience:
  • Minimum of 3 years’ experience in a area of specialisation; with experience in supervising others
  • Previous audit experience in Big 4 is a must
  • Hands on experience in implementing various IFRS impacts across business
  • Technical accounting experience within a telecommunication environment
  • Experience in consolidations and reporting
  • Experience in financial accounting leading practices and trends
  • Must be a self-starter who is able to work independently and interface with all relevant internal teams and external business partners as needed
  • Experience in ERP (Oracle preferred – EPM, FCCS, HFM)
  • Experience working in a medium organization Competencies:
  • Strong interpersonal skills, including written and oral communication skills
  • Critical Finance thinking
  • Strategic thinker
  • IFRS accounting standards, policies and procedures
  • Genuine interest and shows initiative in own professional development i.e. keeping up with best practices, digitalization
  • Exceptional presentation skills including Executive level presentations


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