Central Accountant

MultiChoice Group; Randburg; On-site; ZAR 300 000 - 500 000; Full time

Job summary

A leading media and entertainment group in South Africa is seeking a Financial Analyst to oversee the month-end and year-end reporting processes. The role involves ensuring compliance with accounting policies, supporting audits, and developing financial reports. Ideal candidates will possess strong analytical skills and experience with SAP and other financial systems. Join a dynamic team dedicated to delivering exceptional customer experiences.

Qualifications

• Minimum 1 years’ relevant experience in a similar role.

Responsibilities

• Responsible for month end and year end reporting.
• Ensure compliance to accounting policies.
• Support internal audits and ensure findings are resolved.

Skills

Analytical skills

Systematic skills

Reporting

Education

Bcom Accounting

Bcom Honours

Tools

SAP

Great Plains

Hyperion Financial Management

Excel

Job description

The MultiChoice Group is a multinational media and entertainment group headquartered in South Africa with presence in amongst others the Netherlands, Dubai and the UK with principal operations in pay television (pay-TV), Subscription Video on Demand (SVOD), advertising and content security. Brands within the MultiChoice Group include DStv, GOtv, SuperSport, M-Net, DStv Media Sales, Showmax and European-based content security leader Irdeto. We’re proud to say we serve 20 million subscribers across more than 50 African markets, with a successful history of identifying and adapting to industry trends, allowing us to continuously deliver the best in entertainment.

By joining our passionate and creative team, you can help us achieve our objectives of expanding our pay-TV and SVOD (Subscription Video On demand) subscriber bases, improving advertising sales, spearheading cutting-edge technology, supporting local content and providing an exceptional customer experience.

Join Africa’s most loved storyteller!

Reports to: Financial Controller Record to report

Direct Reports: 0

Division: Shared Services Centre - Record to Report

Key Customers: Internal: Finance Business Partners, Group Reporting Team

Location: Based in South Africa, Johannesburg, Randburg

Purpose of the Position

• To take responsibility for the reporting process for month end close and year end

Key Performance Objectives

Governance, Controls & Policies

• Provide input into the development, implementation and maintenance of robust controls, procedures and policies
• Ensure relevant processes are implemented and documented for all fixed assets, revenue, subsidy and stock activities
• Provide input into risk control matrix and ensure relevant controls implemented to mitigate these risks
• Identification of control weaknesses and recommendations for improvements
• Compliance to accounting policies
• Ensure compliance to policies, internal controls and external audits
• Support internal audits and ensure that any findings are resolved
• Support on external audit findings and implementation of recommendations
• Assist in the improvement and development of processes and systems for accounting purposes
• Work with cross functional teams within Finance Shared Services and the business to ensure compliance, accuracy and efficiency in financial areas
• Enforce governance of the Revenue, Stock & Subsidy and Fixed Assets policies and recommend policy enhancements
• Support the Finance Shared Services Innovation team in governance initiatives

Month end and Year end

• Responsible for the month end and year end reporting
• Responsible for fixed assets, revenue, subsidy and stock activities accounting
• Provide meaningful analysis to explain trends in fixed assets, revenue, subsidy and stock, as well as explaining variances to Prior month/year actuals
• Prepare schedules or reports of sub systems and ensure these tie back to the GL
• Ensure Revenue interface journals are complete, accurate and reasonable
• Ensure compliance to related policies and procedures e.g. stock obsolescence, stock take procedures, credit management etc.
• Ensure accuracy and completenss of fixed assets register. Alignment to tax asset register
• Perform the monthly HFM process including Loading, Validations, Disclosures (fixed assets) – Ensure fixed assets accurately reported in Income Statement, Balance Sheet and Cashflow
• Review the outcome of stock takes and highlight risk areas
• Work with business partners and other Finance Shared Services departments to ensure an accurate and efficient month end close
• Responsible for parking journals and ensure accurate processing in SAP & GP
• Assist in monthly HFM process including Loading Numbers, Validations, Clearing mismatches, Disclosures and Promotions – Ensure accurate Income Statement, Balance Sheet and Cashflow
• Reconciliation of SAP balances to HFM
• Analyse the trial balance and explanation/commentary for movements compared to previous months. Analyse of GL accounts
• Ensure that Balance Sheet accounts are accurately recorded and reconciled as per the reconciliation policy
• Develop value added reports to provide to Finance Business Partners
• Resolve queries received from business partners
• Consult with the Tax Team on applicable matters related to month end close
• Timely & relevant delivery of analysis, insight and actions
• Assist in the year end pack reporting process and audit for Finance Shared Services
• Preparation of reporting packs and Financial Statements and disclosures at interim and year end. Assess disclosures required, create templates and automated reports
• Preparation of Annual Financial Statement process
• Support the Annual Financial Statement and Statutory Pack process. Provide relevant fixed assets disclosures
• Assist with external audit. Liaison, including audit requirements and follow up
• Assist the auditors in their inquiries
• 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 and work towards standardisation of relevant aspects such as reports, data analysis etc.
• Drive shared service principles, efficiencies and standardisation across the various businesses. Standardisation of processes across the BUs
• Automation and streamlining of fixed assets, revenue, subsidy and stock processes
• Work with cross functional teams in the shared services and business to ensure compliance, accuracy and efficiency in financial areas

General

• Assist the Record to Report Financial Manager and Financial Contoller on finance projects
• 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
• Support the Finance Shared Services Innovation team on projects

Qualifications

• Bcom Accounting
• Bcom Honours preferred

Experience & Skills

• Minimum 1 years’ relevant experience in a similar role

Technical Competencies

• Systematic and analytical skills
• SAP system experience
• Great Plains system experience
• Hyperion Financial Management
• Advanced excel skills
• Reporting experience would be advantageous