ROLE PURPOSE
Nexio is a specialist ICT solution provider that helps clients build, support, and manage their IT infrastructures. We have operations in all 9 provinces across the country, over 200 clients and over 500 employees. As a Level 1 BBBEE, we put to practice our commitment to South Africa's transformation agenda, and we are at the forefront of digital transformation and cybersecurity. Our solution sets will assist our customers in their digital transformation journey.
Our established national footprint, coupled with our unrivalled experience in the emerging markets and our exceptional technical offerings, achieve our goals of profitability, operational agility, and client satisfaction. By joining our talented Nexio team, you will have the opportunity to become part of our national organization that offers you the opportunity to grow and develop your career.
At Nexio, we have identified five major reasons why our people want to work for us:
They get rewarded for their efforts.
They have the opportunity to work with a high-energy team.
They form part of the Vodacom/Vodafone Group.
There are opportunities to grow their careers.
They build trust and lead with a competitive culture.
As EHOD Finance Business Partner, you will be responsible for ensuring that key business objectives of Nexio are met through providing operational financial support and partnering with business unit segment heads to ensure effective decision-making, informed by financial insights and business intelligence. You will enhance value creation and deliver the highest quality Profit and Loss planning and management.
As Head of FBP, you will be responsible for the following functions:
Business Unit Decision Support
Financial Accounting
Treasury
Revenue Assurance
Expenses Management
Statutory and Working Capital Management
ROLE REQUIREMENT
Provide insightful, timely, and value-added input so that BU management teams see Decision Support as a key contributor.
Develop credibility with segment management to challenge the business to achieve its objectives and generate value for the company.
Enable improved decision-making and identify and drive focused corrective actions.
Challenge the business to drive sustainable value through informed and insightful decision-making by analysing actual results.
Evaluate product performance.
Support sales segment offerings and assist in driving Technology Efficiency Programme initiatives.
Conduct post-implementation reviews and develop enablement processes to correct products.
Develop Accounting Strategy
Investigate and analyse the International Financial Reporting Standards (IFRS) and the strategy of the Group to determine accounting implications.
Evaluate the impact on accounting of new products/services and contracts.
Identify finance operational activities that could impact accounting; determine IFRS guidance and international benchmarks affecting accounting policies.
Manage External Audits
Prepare and agree on the annual auditing schedule with business units and external auditors.
Agree on objectives and deliverables of the audit in accordance with IFRS requirements.
Contract deliverables and target dates with audit team members according to the audit plan.
Schedule the audit with relevant role players.
Compile documentation on conclusion of the audit, including annual financial statements.
Conduct follow-up actions according to external audit findings.
Manage external audits in accordance with policies and procedures and within the allocated time frame.
Statutory Compliance
Identify applicable statutory requirements utilizing relevant resources.
Manage and review implementation of necessary changes in accordance with IFRS guidelines.
Monitor compliance to ensure statutory compliance is achieved.
Manage Annual Financial Statements, Taxation Compliance, and submission of annual returns.
Management of the record to report process.
Development and management of accounting policies and operational procedures.
Project Accounting and Contract Accounting.
Balance Sheet management and Fixed Assets Management.
Inter Company process Management.
Support FP&A with budget process.
Tax Management and Treasury management.
Banking relationship management and master data management.
Nexio Cash management and Foreign currency management.
Cash Flow management and forecasting.
Management of corporate credit cards and Petty cash process.
Proactive management of Nexio free cash flow through decision support to business.
Management of Payroll team and ownership of payroll controls and procedures.
Oversight of payroll banking files and interface between HR and payroll management.
Management of ASR and STI processes.
Review and approvals of purchase requisitions/orders in line with DOA.
Ensure business decisions are executed within the governance framework.
Incubate the establishment of Strategic working capital management function.
Ensure management of Operating expenses within Nexio governance framework and budget guidelines.
Enable revenue assurance for Nexio through innovative controls.
Business ownership of Nexio ERP and complementary applications.
Evaluate the impact of new initiatives and implement measures to reduce risks and variances.
Provide structured Business Cases and specify Capex and Opex needs:
Gather inputs from commercial and Solutions departments & external references.
Provide relevant methodology and review business case.
Challenge divisions by proposing alternatives to drive value.
Present trade-offs and rank alternatives.
Support senior management to take appropriate decisions.
Identify ways to track actual results.
Ensure Governance Policies are followed.
JOB COMPETENCIES
External perspective and appreciation of macro-economic environment.
Business leadership and transformation.
Adaptability and Diversity Management.
Commercial Acumen and Strong analytical skills.
Compelling communication and influencing skills.
Resilience and Ability to build effective teams.
Ownership and drive for impact.
Planning and Organising.
Motivating and Developing Others.
Attention to Detail.
QUALIFICATIONS & EXPERIENCE
Minimum CA(SA).
Minimum 6 years' experience in senior finance management role.
Minimum 4 years' finance experience in ICT (System Integration) Industry.
Experience in managing a diverse team.
Experience in group reporting.
Experience in leading engagements with external auditors.
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