Career Opportunities: Financial Analyst (11582)

Requisition ID 11582 – Posted 06/06/2023 – Content Finance – Cont Ent Finance: Content – GP – Auckland Park

Job Title: Financial Analyst: Content

Reporting line   : Financial Manager: Content

Division             : Group Finance

Scale Code       : 401

Position ID        : 60017720

CLOSING DATE: 12 JUNE 2023

REPORTING TO FINANCIAL MANAGER: CONTENT: To provide efficient and effective financial services to TV Division, these services will constitute; providing accurate timeous and relevant financial information with regard to budgets, income, expenditure and balance sheet.

DUTIES AND RESPONSIBILITIES:

1. DEVELOPMENT AND IMPLEMENTATION OF STRATEGY

•  Optimise the utilization of SABC resources.
• Proactively provide financial advice and support to ensure. strategic business objectives are achieved.
• Drive the implementation of cost saving initiatives in the division

2.  BUSINESS OPERATIONAL EFFICIENCY

•  Perform special projects accounting.
• Provide accurate and timely financial information with minimal manual intervention.
• Provide support with compilations of annual budgets.
• Ensure completeness and accuracy on expenditure.
• Proactively provide financial advice and support to line managers to ensure strategic business objectives are achieved.
• Ensure adherence to the “delegation of authority framework”.
• Produce and deliberate on monthly financial reports with line managers.
• Prepare Monthly pack for Executive management.
• Review and analyse variances and obtain reasons from line managers.
• Ensure adherence to financial policies, principles, and procedures.
• Propose cost saving measures to Business Units.
• Provide monthly report which reflects financial results and performance of the respective business unit.
• Ensure that the Sport month end amortization processing is accurate and is done timeously.
• Download and Supply Media Assets Report to Platforms for review of possible impairments.
• Work with Financial Analyst Platforms and process impairments in the system
• Reconcile the monthly content payments and alert business as to unpaid content payments.
• Attend meetings as and when required.
• Preparation of ad hoc requests from the Manager: Broadcasting and Senior Management

3.  GOVERNANCE, RISK AND COMPLIANCE

•  Ensure adherence to all relevant SABC Policies and Procedures, SABC’s Delegation of Authority and acts including PFMA.
• Implement and maintain internal controls.
• Implement and maintain sound financial systems.

4.  STAKEHOLDER MANAGEMENT

•  Explore and make recommendations on current Operational processes to streamline and improve it for better efficiency and effectiveness.
• Create and maintain cross functional communication with internal stakeholders.
• Effective discussion, coaching and communication with all levels of management to set proper budgets & forecasts.
• Handle all the complaints and queries from internal and external stakeholder.
• Provide financial support to the business unit.
• Follow up with business units regarding queries of un-licenced contracts.
• Following with business units regarding TVBMS and transmission queries
• Liaise with internal stakeholders on behalf of the Financial Manager and maintain an effective, professional interface relationship.
• Provide necessary assistance during audit period to auditors.

5. LEADERSHIP AND PEOPLE MANAGEMENT

•  Manage, direct, guide, motivate and develop the team.
• Ensure effective communication within the department and division and promote effective communication channels.
• Provide direction on the attraction and retention of staff.

INHERENT/MINIMUM REQUIREMENTS

QUALIFICATIONS

• National Diploma in Finance or relevant qualification. (NQF Level 6).

• Knowledge of SAP financial application would be an added advantage.

EXPERIENCE

• 5 years’ experience in finance or accounting environment with 2 years at a supervisory level

•KNOWLEDGE

• Business Planning
• Budget management
• Ability to deal with all levels of staff, management, external parties.
• Self-Starter
• Must pay attention to detail.
• Must have an analytical mind.
• Financial management and reporting
• Understanding of PFMA, relevant National Treasury regulations and other legislative frameworks
• IFRS knowledge
• Understanding of the different role players in the broadcasting landscape
• HR Business Processes and Systems understanding.

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