Our company is looking for a suitably qualified and experienced Business Partner to join our dynamic team.

Purpose of the Job: 

To establish an analytical framework that supports and monitors performance results of the Business, generates in-depth analysis, insights and challenges to support the Business Unit.

Prepare the Budget and Forecasts for Cell C and develop and maintain all necessary controls, systems and processes to ensure the efficient and effective management.

Budgeting and financial control

• Manage, define and execute the budget/forecast process throughout its life cycle. (preparing budget templates, meeting with the departments, updating cost drivers, etc)
• Be the contact point for the department during the processes of budget creation, update and revision
• Consolidate, evaluate, and discuss the divisions’ budgets and prepare the consolidated budget.
• Review outputs and refine costing allocations where necessary.
• Maintain and update the budget model (operational and financial) with actual data, on a monthly basis.
• Ensure that the Company’s budget is in line with approved business plan.
• Analyse planned and realised budget utilization and provide the necessary analysis for reporting and disclosure.
• Review of forecasts based upon historical performance and activity KPI.
• Uploading the budget into the system, and updating the system after each reforecast.
• Verify that revenue, OPEX and CAPEX targets are met.
• Ensure that the correct procedures and controls are followed in the Company.
• Ensure that costs and revenues are accurate and valid in terms of predicted costs.
• On a monthly basis, identify and correct misallocations and other incorrect accounting entries to ensure accurate financial information.
• Identify and correct expense accruals.
• Provide financial information, as accurately and reliable as possible, within the agreed timeframe to management and/or departmental heads, such as monthly variance reports.
• Prepare and present adhoc studies covering all the operational activities of the company.

Financial analysis

• Create business planning models, incorporating strategies and directions provided by all functional areas of Cell C (i.e. market strategy, service strategy, organisational strategy and financial strategy)
• Develop specific financial models incorporating key functional drivers (income, investment, expenses, cash flow etc).
• Provide advice on accounting (IFRS) and tax issues.
• Prepare financial valuations (cash flow, cost of capital, NPV, mix of finance).

Business Case Management

• Establish measurable performance parameters and standardized sources for measurement, to evaluate ongoing success of decisions
• Drive the business plan and forecasts of the Business
• Oversee and drive financial modelling and business case framework that simultaneously leads, supports and governs all key commercial/ financial activities
• Provide strategic inputs regarding the prioritisation of the project initiatives
• Evaluate potential impacts of existing and new business opportunities, products, services, channels etc.
• Provide ongoing support and direction on commercial, business and risk issues identified and recommend solutions

Finance operations

• Collaborate closely with the Accounts Payable team to ensure the complete, accurate and timely accounting of payable transactions relating to the Business
• Ensure all requisitions and receipting is performed on time.
• Oversee the activities of the Business regarding CAPEX spend, asset management and accurate transaction processing
• Understand the key performance drivers of the Business and provide insights across functions
• Maintain the financial relationship with structures within the business and ensure the correct accounting of the related financial activities
• Work closely with the Gross Margin team to resolve any queries from the business and ensure corrective actions are taken to forestall recurrence of identified issues
• Develop and maintain effective cost efficiency plans to reduce cost drivers
• Identify under-performance within the Business and provide improvement recommendations
• Recommend initiatives to the function to implement the proper levers to track and identify business/operational risks in the function
• Ensure that policies, procedures and guidelines are being followed by the business
• Generate management reports detailing analysis, findings and recommendations for Exco, Management Reviews

Qualifications

• Degree in Economics/Finance
• BCom, BCompt, or similar
• Honours degree an advantage

Experience

• 3 +  years minimum experience in budgeting/planning, analysis or in a functional area relevant to Cell C organizational structure
• Experience in Telecommunications industry

Market Related