Job Role: Project Reporting Specialist Salary: R 563 926 Per Annum Location: JHB
Primary Job Purpose:
To create and provide project reports to meet the varying requirements of the various stakeholders in line with company policy. Responsible for all reporting requirements on all Capex project accounting functions for all business units of the organisation.
Context: (Global influences, environmental / industry demands, organisational mission, etc.)
National tax law
CAPEX 2008 policy
Project Tool kit
Capex budget Tool kit
Participative environment highly diverse and team-focused
Ensure that there is overall alignment in terms of meeting financial-orientated objectives for each project
Responsible for the creation and timely provision of all required project accounting reports.
Responsible for the creation and provision of all required project accounting reporting forecasts.
Responsible for the creation and provision of all daily / weekly / monthly; project accounting reporting requirements of actuals against forecasts.
Responsible for the creation and provision of all month end reporting requirements to ensure that the relevant reports are submitted to Finance for the monthly financial pack consolidation.
Continually improve existing project accounting reporting policies, processes and procedures to enhance effectiveness, efficiency and performance
Compile, update and implement relevant reporting policies, processes and procedures (PPP).
Align systems to PPP and assist with automation thereof to ensure compliance.
Recommend and assist the business with budget inputs and forecast reviews as requested by Business Finance.
Manage the implementation of new budgets and forecasts. Ensure that all approved adjustments are reflected on the effected project budgets.
Review departmental project budgets and reports to ensure that budgets are not overspent.
Understand and report on all major variances from the budget
Report on spend vs. forecasts to budget. Analyse cash flow per department and inform finance accordingly.
Ensure implementation of all financial business rules for projects.
Assist in planning budget spending according to situation and standards
Identify areas where money is lost and recommend ways to reduce expenditure where possible.
Ensure the efficient use of financial resources, and that spending remains within budget limits.
Consolidate financial accruals for all work schedules not yet invoiced.
Project Accounting Query Resolution
Address escalated problems relating to project accounting on a case by case basis, ensuring an optimal balance between the response to the situation, the cost of that response and the core purpose of the organisation
Follow clear and linear procedures to diagnose and solve accounting-related problems that are not always obvious
Provide information and knowledge as required to resolve problems
Tailor solutions to suit the problem (within defined parameters)
Take action to prevent the reoccurrence of problems
Make use of available resources to solve the problem
Identify external parties to assist with problem solving as required
Update progress tracking information and reports at project portfolio level
Responsible for the creation & timely provision of all required reporting functions of the project accounting office.
Create and provide all required daily / weekly / monthly project reports.
Compile the month end reporting pack.
Identify and prepare relevant information and data for reporting purposes
Compile ad hoc reporting requirements as and when required by the different business units as well as MTN Group.
Assist business and finance in quarterly forecasts with regards to project costs.