Overview
Senior Manager : Consolidation Jobs in City of Johannesburg, Gauteng, South Africa at MultiChoice Group
Title: Senior Manager : Consolidation
Company: MultiChoice Group
Location: City of Johannesburg, Gauteng, South Africa
The Organisation
MultiChoice Group (MCG), a subsidiary of Groupe CANAL+, is a leading provider of entertainment and related consumer services. The company has an expanding ecosystem, underpinned by scalable technologies, and track record now spans almost 40 years. MCG provides video entertainment products and services through its linear and streaming platforms to millions of households across 50 countries on the African continent. Continues to grow by producing and acquiring the best local, sport and international content, offering tiered subscription packages and aggregated streaming services to its customer base. MCG’s superior technology capabilities enable it to continue innovating around distribution, digital, payment solutions and content security to offer the best customer experience across the continent. Reaching up to 100million individuals daily, the MultiChoice Group is using its scale and distribution to expand its platform to include sports betting and interactive entertainment, fin-tech services, household services (focused on internet connectivity with emergency response services) and ed-tech. Irdeto which is MCG’s technology business, provides platform cybersecurity services which protect over 6 billion devices and applications globally for some of the world’s best media and technology brands, as well as clients in the connected industries.
Purpose of the Position:
- To support the Canal+ Africa CFO, Canal+ Africa SVP Financial Services and Canal+ Group and Africa Finance teams
- To manage financial consolidation and accounting across 20+ countries, 8+ clusters and 70+ MCG entities in Africa
- To ensure accurate, complete, and timely reporting of financial figures
- To support standardisation, governance, and financial integrity across MCG systems, processes, entities and markets
- To work closely with the Canal+ Africa Consolidation team responsible for the historic Canal+ International perimeter
- To work closely with the Canal+ Africa FP&A & Reporting team, as well as tax and treasury teams
Key Objectives
Tasks
Financial Consolidation
- Oversee consolidation processes across the MCG Africa entities and markets
- Manage cluster, BU and entity delivery to MCG Consolidation team at Canal+ Africa level
- Support Canal+ Africa MCG subsidiaries (instructions, timelines, training etc.)
- Oversee consolidation for month-end and semi-annual reporting, budgets, RF1 and RF2
- Oversee intercompany reconciliation process
Reporting, Accounting, Tax & Audit
- Ensure IFRS and Group accounting policy compliance, notably in complex areas
- Co-ordinate complex accounting (FX, derivatives, IFRS 2, IFRS 16 etc.)
- Support Canal+ Africa MCG subsidiary teams (accounting best practice etc.)
- Work with tax teams to ensure accurate tax processing in accounts and packages
- Support group disclosures, AFS inputs and audit processes
Systems, Process, Controls & Data Integrity
- Work with Shared Services Centre and clusters to align chart of accounts and mappings
- Implement scope changes (entities added or removed, changes in minorities etc.)
- Ensure effective Internal Financial Controls are embedded within consolidation processes
- Support data quality and automation initiatives to secure process, cost and time efficiencies
- Identify, monitor and remediate reporting and consolidation risks
Qualifications
- CA(SA), DEC or equivalent preferable
- Relevant postgraduate finance qualification advantageous (e.g. CIMA, ACCA)
Experience
- 5-10 years in finance, with extensive group consolidation and reporting exposure
- Financial systems and/or IFRS technical expertise a bonus
- Experience in complex, multi-national / multi-entity / multi-currency environments
- Leadership experience in managing teams and engaging with senior stakeholders