Specialist: Corporate Performance Management - N/A08936
Code/Reference:
N/A08936
Applications accepted until:
2019-02-14
Number of Openings
1

Company Overview

eastern, central and southern Africa. It supplies fibre optic, satellite and international carrier services to Africa's largest mobile network operators, ISPs and businesses of all sizes. It also provides payment solutions to financial institutions and retailers, as well as award winning data storage and communication solutions to businesses across Africa and beyond. Put simply, we connect people.

We started out by questioning the way things are done and being single-minded in our determination to improve them. Everything we do is driven by a simple yet powerful belief that everyone in Africa has the right to be connected. Over the last decade, this vision has helped us change the face of communications in the region.

Our future-focused approach to new product development makes our services enduringly adaptable.

€œWe have to focus on services of the future and new revenue streams not as a side show to infrastructure but as the main show leveraging off the infrastructure which we have.€ - Nic Rudnick

Our flexible and dynamic business model keeps us at the forefront of telecoms innovation. And by listening to customers, we ensure that our solutions are constantly evolving to meet their needs. In June 2017, Liquid Telecom raised $700m in a bond and term-loan issue that will help Liquid Telecom refinance debt and provide a war chest for further acquisitions.

Our Beliefs

At the very core of our business is our belief that every individual on the continent has the right to be connected. We believe that the power of technology will create better and brighter lives for everyone.

We're for everyone - Being connected shouldn't just be for the privileged few. We believe it's for everyone and this was recognised at the AfricaCom Awards 2013 when we won an award for Best Cost Efficiency Solution. The sense of doing the right thing runs through every aspect of our business.

Integrity - Having integrity in everything we do has made us what we are today. We are all encouraged to play our part and take responsibility for doing things right €“ and doing the right thing.

Only The Best Will Do - We're constantly striving to deliver the best communications technology to everyone €“ from the smallest communities to the biggest businesses in the region.

Don€™t Talk Do - We listen carefully to our customers, then we deliver beyond their expectations. This €˜can do' attitude is key to our success.

In It For The Long Run - We've invested heavily in our own network and technology. We created the largest single fibre network in the region, which stretches over 18,000km across borders to connect people locally, nationally and internationally. We're not stopping there €“ we're continuing to invest so we can connect people all over Africa.

Further information can be found at www.Liquidtelecom.com

Location

Johannesburg

Job Purpose:

To analyse and present key financial data on the overall direct cost and opex expenditure of the company. Oversee accounting procedures and prepare forecasts, budgets and risk analysis on opex related cost.

The objective is to contribute to the decision-making process of management that will ensure business sustainability, growth and long-term success.

Minimum Requirements of Job

1.1 Qualifications

Formal Qualifications Required

Essential / Desirable

B-tech Degree/ BCom/ or Honours Degree

Essential

CIMA Operational Level

Essential

1.2 Experience

Job Related Experience Required

Time Span

Essential / Desirable

Finance and Costing

5 years

Essential

Understanding of IFRS

1 year

Essential

Opex and funding

5 years

Essential

Previous experience in Technology space as a Business Partner

3 years

Desirable

1.3 Knowledge Areas

Job Related Knowledge Required

Essential / Desirable

Knowledge of IFRS application and interpretation

Essential

Knowledge of ERP systems i.e. SAP and Hyperion

Essential

Microsoft Office i.e. Excel advance

Essential

Relevant certification (e.g. CIMA)

Desirable

 

 

1.4 Skills


Job Related Skills Required

Essential / Desirable

 

 

A problem-solver with attention to detail

Essential

Effective communication and report writing skills.

Essential

Effectively collaborates and communicates with all levels of management and cross-functional teams

Essential

Proactive and organised, able to prioritize

Essential

Ability to adapt and excel in a fast-paced and rapidly changing environment.

Essential

Ability to plan and manage multiple projects while meeting set deadlines of team deliverables

Essential

Ability to make sound, fact-based decisions and recommendations

Essential

Possess strong understanding of application of Opex and Capex accounting standards

Essential

Experience as a team player, proven record of successfully implementing and executing strategic objectives of the department, up manage and influence various business unit leaders

Essential

 

 

Key Outputs:

1 - Key Performance AREA (Objective): Weight: 20%

 

 

 

Key Performance INDICATORS

Performance Standards/Targets

 

Opex (Operational Expenditure)

 

1

Create the Opex structures in SAP to Ring fence various Opex funds separately for Various Business Units

Accurate allocation and segmentation

2

Process/ Allocated all the Opex funding requirements in SAP

Accurate and timely capturing

3

Release Opex PR€™s in SAP, and ensure that projects are Captured / Allocated in the correct Buckets

Verify and measure against budget and allocated approvals

4

Re-allocate Opex funds between buckets within the same Business units

Accurate re-allocations and timeous processing

5

Ensure the Correct Documentation is attached to all the Opex special projects required for approval

Accuracy and review of documents

6

Load any additional Opex structure & Costs from newly approved Business Cases

Accurate re-allocations and timeous processing

 

 

 

 

2. Key Performance AREA (Objective): Weight: 20%

 

 

 

Key Performance INDICATORS

Performance Standards/Targets

 

Opex OPCO Reporting

 

1

Prepare & Present Direct cost and Opex Slides on time for OPCO reporting

Accurate and in time information

2

Provide Commentary on the Analysis of Actual Spent vs Budget

Accurate and in time information

3

Update the Company Scorecard for OPCO reporting

Accurate and in time information

4

Preparing monthly Opex reporting pack.

Accurate and in time information

5

Review monthly Opex reporting received from Finance Operations to ensure reporting is accurate and to monitor Opex against budget.

Accurate and in time information

6

Communicate reports to Chiefs as well as resolving queries or provide further detail as required.

Accurate and in time information

7

Gathering and analysing financial information for internal use

 

Accurate and in time information

 


3. Key Performance AREA (Objective): Weight: 20%

 

 

 

Key Performance INDICATORS

Performance Standards/Targets

 

Customer first: Business Unit Requirements

 

1

Distribute Opex Reports to various Business Heads/ Chiefs to incorporate in their reporting.

Accurate and in time information

2

Highlight all the misallocations in the processing of Opex requests

Accurate and in time information

3

Assist and guide the Accruals with BU and process them

Accurate and in time information

4

Attend the CTO Manco on behalf of CPM, and present the numbers on request

Accurate and in time information

5

Interrogate the actual spend vs budget and provide commentary

Accurate and in time information

6

Provide the link between BU and Central Finance and provide financial advice to operations. Perform ad hoc analysis on request.

Accurate and in time information

 


4 Key Performance AREA (Objective): Weight: 20%

 

 

 

Key Performance INDICATORS

Performance Standards/Targets

 

Annual Operating Plan

 

1

Actively participate in preparation of 4+8 forecast and 7+5 Budgeting, as well as monthly rolling forecasts.

Accurate and in time information

2

Send out the AOP guidelines and timelines to the BU outlining the process to be followed during the AOP for Opex budgeting

Accurate and in time information

3

Assist the business to understand the Costs and how they can incorporate future assumptions in the AOP for the new period

Accurate and in time information

4

Consolidate the Opex inputs from the BU€™s into the Opex meta data for 4+8 and/7+5

Accurate and in time information

5

Prepare presentation slides required for Opex discussions and approval

Accurate and in time information

6

Supporting budgeting and funding analysis and presentations thereof

Accurate and in time information

7

Assist in forecasts to support business planning and decision-making

Accurate and in time information

8

Load the approved AOP in SAP and Hyperion (HFM system)

Accurate and in time information

9

Reconcile loaded AOP with the submissions from the BU and explain the variances

Accurate and in time information

10

Manage the intercompany reconciliations, administration and   loads in HFM during 4+8, 7+5 and AOP time

Accurate and in time information

 


5. Key Performance AREA (Objective): Weight: 10%

 

 

 

Key Performance INDICATORS

Performance Standards/Targets

1

Cost Optimisation

 

2

Track Actual Opex against approved Business Cases/Update Virtual P&L€™s

Accurate and in time information

3

Assist BU€™s to recognise and/ allocate the right Opex into the correct Buckets

Accurate and in time information

4

Assist BU€™s with adequate financial information and track their Opex cost to support them in achieving their cost cutting initiatives

Accurate and in time information

5

Attend weekly Engineering strategic meeting on Maintenance and Upgrade projects

Accurate and in time information

6

Advise on problems and suggest improvements

Accurate and in time information


6. Key Performance AREA (Objective): Weight: 10%

 

Ad-Hoc Requests

 

Key Performance INDICATORS

Performance Standards/Targets

1

Ad-hoc reporting and functions assigned from time to time

Accurate and in time information

2

To be done and measured in line with Best Practice approach

Accurate and in time information

4

Tracking operational & Financial efficiencies on Ad hoc projects

Accurate and in time information

5

Support the CPM team in implementing a Budgeting, Forecasting and Reporting tool.

Meet DX deadlines and initiatives

 

Key Decisions:

Decides on the accuracy of the allocation of Opex transactions within the LTSA structure and make sure they align to IFRS standards

 

 

Accountable for:

Accountable for monitoring Opex and Direct cost.

Accountable to ensure month end close of Opex expenditure activities are appropriately accounted for, accurately presented in the management accounts and analysis of the financial results are documented and communicated in a timely manner.

Accountable to follow the relevant process and controls around Opex and reporting responsibilities thereof

Equity Statement:

In line with our company transformation policies, preference will be given to EE candidates.