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Role Purpose/Business Unit:

 

The core purpose of this role is to support the CBU LoB FBP team to ensure that key business objectives, effective decision-making, and operational financial planning & insights are met through end-to-end business partnering for the respective LoB on all commercial initiatives impacting Contribution Margin. The individual will be expected to interact with various stakeholders and business partners including Commercial LoB JDTs, S&D, Marketing, Terminals, FINOPs, and VSA FP&A together with the EHOD: CBU LoB FBP. Your responsibilities will include:

 

Business Partnering: support EHOD & FBP team with end-to-end business partnering for LoB including business cases and PIRs on all commercial initiatives impacting the Contribution Margin of LoB and capital investment, where applicable.

MEC & RF process: support EHOD & FBP team with the Month-end-close including Early View & Rolling Forecast process (IBRO to PnL CM) for LoB, trend informing insights, review with business partners providing validation, support, and alignment. 

Budget & LRP: support EHOD & FBP team with the budget and LRP process (IBRO to PnL CM) for LoB, trend informing KPI/KFI insights, review with business partners providing validation, support, and alignment. 

Reporting & Insights:  support EHOD & FBP team with End-to-end LoB specific reporting on Customer Revenue, Direct Costs & A&R for LoB profitability, analysis, and insights to support performance narrative and efficiency targets.  

Data analytics support EHOD & FBP team with the building of models to assist with MEC, RF, Budget, LRP, business cases, and PIRs with support from D&A and commercial aimed at simplifying reporting capabilities, data accuracy, and automated reports/dashboards.

IBRO: support EHOD & FBP team with IBRO at LoB level built up from building block KPIs impacting drivers of LoB contribution margin.

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Teamwork

Support the FBP team and business partner colleagues to ensure team success. Build relationships both internal and external to deliver business results, leveraging and respecting differences.Create positive working relations between the CBU finance team, Vodacom SA Finance, and key internal business partners & stakeholders such as Commercial LoB JDTs (including Pricing, Segment, and CVM teams), S&D, Marketing, Terminals, FINOPs and VSA FP&A.

Communication

Communicate with clarity and impact. The ability to effectively manage the expectations of key stakeholders.Written material must be of the highest quality with clear insights and actions.The ability to prepare and present performance to the FBP team, and line manager and direct ME.

Knowledge and experience

Develop knowledge of key mobile communication products and devicesDevelop knowledge of key channel and distribution agreementsDevelop an understanding of the business drivers and sensitivities.

Innovation and change

Simplify and standardize modelling, reporting, and processes wherever possible whilst ensuring that the requirements of the business are delivered.The ability to use systems tools & technologies to analyse data, such as BI, big data.Look for new and innovative ways of working to strive for continual improvementEssence of the Role/Key Accountabilities

 

1.    Business Case and PIR Development    

Support Business Case (BCA) process and preparation of relevant financial impacts into the BCA, engaging all relevant stakeholders while ensuring BCAs are based on solid business assumptions, the initiatives are in line with company strategy, and generate adequate financial return. Support the Post Implementation Review (PIR) process on all BCAs launched that qualify for a PIR process. Support preparation of relevant financial impacts into the PIR, engaging all relevant stakeholders while ensuring PIRs are based on actual experience.  Measure project results against the BCAs using sound financial and business principles to guide and table recommendations.On all BCAs & PIRs,Perform sensitivity analysis, highlight risk and opportunity, and propose actions to mitigate risks or chase additional opportunities.Evaluate the impact of new & existing initiatives along with market developments. Support the business to follow the appropriate company process in approving new initiatives with Capex spend by providing structured Business Cases and specifying Capex and OPEX needs. Gather all inputs from commercial & technical departments and external references.Provide relevant financial methodology.Challenge divisions by proposing alternatives to drive value.Present trade-offs and rank alternativesSupport senior management in taking the appropriate decision.Identify ways to track actual results. Ensure governance policies are followed.2.    Month-End Close, Forecasting and Budget Process Support the Month-end-close including Early View & Rolling Forecast process (IBRO to PnL CM) for LoB including all KPI/KFI insights to support views.Support the annual Budgeting and Long-Range Planning (LRP) process for LoB including all KPI/KFI insights to support views.Provide the trend informing insights & review with business partners providing validation, support, and alignment.Support preparation of P&L up to Contribution Margin level including Customer Revenue (Service, Network & Non-Service Revenue), Direct Costs, A&R, and KPI/KFI trends to support insights.Support EHOD: FBP LoB & Operational Support in driving clear views into P&L for MEC, RF, Budgeting and LRP process. Support EHOD: FBP LoB & Operational Support in understanding OPEX/CAPEX requirements

 
3.    Commercial Decision Support

Provide insightful, timely, and value-added input so that Commercial teams see FBP as a key contributor.Building commercial insights to support capital investment and advise on the prioritization of capital investment.Develop credibility with segment management while challenging the business to achieve its objective and generate value for the company. Assist in bringing consistency across all the business units in terms of decision support presentation.Enable improved decision-making and identify and drive focused corrective actions.Provide advice and support to the consumer business unit on all business issues:Be an active member of the CBU FBP team and greater finance community.Challenge the business to drive sustainable value pro-actively through informed and insightful decision-making by analysing actual results.Support Distribution Channel policy setting and reviews.Define and improve financial processes, continually striving for simplicity and best practice.Review market information from IR and BI and analyse relevance to drive performance.4.IBRO, Management Reporting and Insights Provide End to end LoB specific reporting on Customer Revenue, Direct Costs & A&R for LoB profitability, analysis, and insights to support performance narrative and efficiency targets.  Provide Performance tracking of operational Business Unit objectives and commercial initiatives.Monthly P&L commentary and analysis at a granular IBRO level to support the variance commentary.Monitoring business unit performance against targetsIdentifying potential issues and carrying out analysis to validate Supporting departments to identify, analyse, validate, and implement remedy actions. Contribute to Management reporting that lands in Exco and Board

5.    Business Intelligence    

Provide insightful management information with a strong focus on anticipating and managing monthly/quarterly results, and on management actions. Strategic alignment

6.    Control, Governance & Modelling     

Maintain an effective operational control environment over financial items, identifying weaknesses and developing solutions, especially on enablement solutions and their rollout.Ensure business decisions are made within the governance framework.Build and maintain models to assist with MEC, RF, Budget, LRP, business cases and PIRs with support from D&A and commercial aimed at simplifying reporting capabilities, data accuracy, and automated reports/dashboards.

 

7.    Team leadership     

Provide financial direction and guidance in strategic and commercial issues.Identify company-wide stakeholders in the new organization structure and understand the requirements.Maintain a creative and inclusive work environment.Be a part of team engagement and enablement.Create a safe and healthy working environmentThe ideal candidate for this role will have:

 

Experience & Qualifications

At least 7 years of financial management experience with Relevant BSc. or BCom. Mathematics, Commerce, Statistics, Econometrics, or relevant financial degreeAdvanced skills in Excel, Word, and PowerPointAdvanced SQL skills are essential.Experience in Analytics tools like Qlik Sense, PowerBIExperience in financial and business analysis ICT industry experience an advantage

 

Person specification - Technical / Professional / Personal Expertise

Strong financial management & analytical skillsUnderstanding of revenues, costs & profitabilityGood communication & presentation skillsStrong Commercial AcumenMultiple-stakeholder Management AbilityDevelop knowledge of the company and competitive industry preferable

 

We make an impact by offering:

Enticing incentive programs and competitive benefit packagesRetirement funds, risk benefits, and medical aid benefitsCell phone and data benefits, advantages fiber connection discounts, and exclusive staff discounts offered in collaboration with partner companies

 

Closing date for Applications: 08 July 2024. 

The base location for this role is Midrand, Vodacom Campus.

The company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
Vodacom is committed to an organisational culture that recognises, appreciates, and values diversity & inclusion.