Executive Head of Finance Business Partnering Nexio Midrand, Gauteng – topjobseeker.com


Job Details
Division
Finance
Minimum experience
Associate
Company primary industry
Information Technology and Services
Job functional area
Information Technology

Job Description
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 and as a Level 1 BBBEE we put to practice our commitment to South Africa’s transformation agenda, 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 opportunity to work with 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 to ensure 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. To 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 (Regions, Costs centres, Contracts, sales segments and Service units) management so in order to able to challenge the business to achieve its objective and generate value for the company and assist in bring consistency across all the business units in terms of decision support presentation.
Enable improved decision making and identify and drive focused corrective actions.
Challenge the business to drive sustainable value proactively through informed and insightful decision making by analysing actual results
Evaluate product performance
Support sales segment offerings in Nexio and support the EHOD FP&A in driving Technology Efficiency Programme initiatives.
Post implementation reviews (capex, contract, and product) and developing the enablement processes to make corrections to products

Develop accounting strategy
Investigate and analyse the International Financial Reporting Standards (IFRS) and the strategy of the Group to determine possible accounting implications on Nexio
Evaluate the impact on the accounting of new products/services offered and new contracts entered by the Nexio
Identify the finance operational activities that could impact on the accounting of the Group; Determine the IFRS guidance and international benchmarks that impacts on the accounting policies
Manage external audits
Prepare and agree the annual auditing schedule with the relevant business units and external auditors
Agree the objectives and deliverables of the audit with the external auditors in accordance with IFRS requirements
Contract the deliverables and target dates with the audit team members in accordance with the audit plan
Schedule the audit in accordance with the audit plan together with the relevant role players
Compile the appropriate documentation on conclusion of the audit i.e. annual financial statements
Conduct the generic follow-up actions in accordance with the external audit findings and contract the specific follow-up actions. Monitor line to ensure that the audit findings are addressed
Manage external audits in accordance with policies and procedures and within the allocated time frame.
Statutory compliance
Identify the applicable statutory requirements utilising the relevant resources
Guidelines Legislation and Legislative interpretation Industry Specialist External Auditors Highlight the interpretation of the applicable IFRS guidelines to the relevant role players
Manage and review the implementation of the necessary changes or amendments in accordance with the IFRS guidelines
Monitor the compliance to IFRS to ensure statutory compliance is achieved; and Ensure statutory compliance actions are completed within the allocated time frame.
Annual Financial Statements
Taxation Compliance
Submission of annual returns
Management of the record to report process
Development and management of accounting policies and operational procedures
Project Accounting
Contract Accounting
Balance Sheet management
Fixed Assets Management
Inter Company process Management
Support FP&A with budget process
Tax Management
Treasury management
Banking relationship management
Banking master data management
Relationship with Group Treasury team
Nexio Cash management
Foreign currency management
Cash Flow management and forecasting
Management of corporate credit cards
Management of Petty cash process and governance
Proactive management of Nexio free cash flow through decision support to business
Management of banking master data and governance, aligned to Nexio DOA
Management of Payroll team
Ownership of payroll controls and procedures
Oversight of payroll banking files
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 by introducing innovative controls through automation and RPA
Business ownership of Nexio ERP and complementary applications

Evaluate the impact of new initiatives (Products, delivery models, etc) and implement measures to reduce risks and variances.

Provide structured Business Cases and specify Capex and Opex needs:

Gather all inputs from commercial and Solutions departments & external references
Provide relevant methodology
Review business case
Challenge divisions by proposing alternatives to drive value
Present trade-offs and rank alternatives
Support senior management to take the appropriate decision
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
Diversity Management
Commercial Acumen
Strong analytical skills
Compelling communication and influencing skills
Resilience
Ability to build effective teams
Ownership and drive for impact
Planning and Organising
Motivating and Developing Others
Attention to Detail – must be able to analyse and translate data into logical patterns for use by business

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.

Important:
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Executive Head of Finance Business Partnering
Nexio
Midrand, Gauteng
Permanent
Closing Date 09 June 2024



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