Finance LOS Business partner – Consulting and Risk Services

PwC
Johannesburg
ZAR 400 000 - 500 000
Job description

Management Level

Manager

Job Description & Summary

At PwC, our people in deals focus on providing strategic advice and support to clients in areas such as mergers and acquisitions, divestitures, and restructuring. They help clients navigate complex transactions and maximise value in their business deals.

Those in corporate finance at PwC will provide strategic financial advice and solutions to help clients navigate complex business transactions and optimise their capital structure. You will analyse financial data, conduct due diligence, and assist in mergers, acquisitions, and divestitures.

Enhancing your leadership style, you motivate, develop and inspire others to deliver quality. You are responsible for coaching, leveraging team member’s unique strengths, and managing performance to deliver on client expectations. With your growing knowledge of how business works, you play an important role in identifying opportunities that contribute to the success of our Firm. You are expected to lead with integrity and authenticity, articulating our purpose and values in a meaningful way. You embrace technology and innovation to enhance your delivery and encourage others to do the same.

Examples of the skills, knowledge, and experiences you need to lead and deliver value at this level include but are not limited to:

  • Analyse and identify the linkages and interactions between the component parts of an entire system.
  • Take ownership of projects, ensuring their successful planning, budgeting, execution, and completion.
  • Partner with team leadership to ensure collective ownership of quality, timelines, and deliverables.
  • Develop skills outside your comfort zone, and encourage others to do the same.
  • Effectively mentor others.
  • Use the review of work as an opportunity to deepen the expertise of team members.
  • Address conflicts or issues, engaging in difficult conversations with clients, team members and other stakeholders, escalating where appropriate.
  • Uphold and reinforce professional and technical standards (e.g. refer to specific PwC tax and audit guidance), the Firm's code of conduct, and independence requirements.

Purpose of Job

To support the Consulting and Risk Services Finance lead on delivery of Line of Service business strategy, while being effective and demonstrating proficiency across financial performance management, decision support and business planning and forecasting.

Role Description

Responsibilities:

  • Plan, budget and forecast at sub-LoS and Cost Centre level.
  • Provide support on opportunity pricing and budgeting.
  • Liaise with the CoE (Centre of Excellence) and/or In-country finance lead on complex and cross border transactions such as withholding tax, exchange control, etc.
  • Provide commentary and analysis on LoS management and engagement reports e.g., Operating Statements, WIP (Work in Progress), Debtors, etc.
  • Act in the capacity as the liaison for billing and project setup, maintenance, provisions and adjustments for the assigned LoS (s).
  • Be the subject matter expert and consultant to the LoS on issues such as contract and project creation, WIP valuations and general NIC management.
  • Update project budgets in Oracle.
  • Oversee the local finance project support role to ensure procurement and region/cost centre specific financial administration is up to date.
  • Drive communication and collaboration between the Line of Service and the different finance teams.
  • Report and analyse on project, contract, Partner, LoS, Cost centre and client levels.
  • Conduct ad-hoc tasks/projects to support business requirements.
  • Develop an intermediate knowledge of the financial reporting systems, controls and processes that operate across business within the business at LoS and Cost Centre level.
  • Develop an understanding of the business’s financial reporting policies and risk management frameworks in order to assess compliance and guide interpretation and training in relevant areas.
  • Ensure alignment of processes with organisational strategy and take accountability for relevant processes within the area of responsibility and ensure delivery and maintenance of standardised processes and controls.
  • Support engagement teams on finance aspects throughout the engagement life cycle from pricing of project through to collections.
  • Support engagement teams with and resolve complex Oracle queries (Projects, Contracts & Invoicing).
  • Support LoSFL with generation & distribution of Business Unit, Network (Competency/Industry), Regional & Country Schedules.
  • Support engagement teams with WIP & AR Management (Set up meetings with EPs/EMs).
  • Support staff in business with Timesheet management (Outstanding timesheets, Charge out Rates, etc.).
  • Support engagement teams with Days in Investment Management.
  • Monitor and report on collections & Billings.
  • Support with on-boarding Basic Oracle Training.
  • Support with completion of bulk upload templates.
  • Support with Client & Employee Data Quality & Maintenance (Peoplesoft, Salesforce, Oracle and rate card management).
  • Conduct ad-hoc tasks/projects to support business requirements.
  • Initiating, obtaining approval and processing of charges between chargeable and non-chargeable project codes where relevant.

Resources and Accountabilities

Geographical span

  • South Africa

Key Competencies and Attributes

Knowledge, skills and abilities

  • Advanced skills in financial planning and strategy development.
  • Skills in profitability management.
  • Financial performance reporting skills.
  • Advanced analytical, organizational, and interpersonal skills.
  • Proficiency with financial software systems (knowledge or previous experience of Oracle).
  • Excellent computer literacy skills, including advanced MS Office skills.
  • Practical and technical knowledge of legal and regulatory issues affecting contracts, financial policies and procedures.
  • Experience leading, coaching and developing staff.
  • Ability to liaise and widely communicate (written and verbal) with internal, external stakeholders and PwC network contacts.

Qualification & Experience

Requirements

  • Minimum of 5 years’ experience in financial management in a professional services environment.
  • Minimum of first degree in Accounting, Finance, Economics or any related discipline.
  • Relevant professional certifications e.g., Chartered Financial Analyst (CFA), CA (SA), Association of Certified and Chartered Accountants (ACCA), or its equivalent is an advantage.

Travel Requirements

Up to 20%

Available for Work Visa Sponsorship?

No

Job Posting End Date

December 14, 2024
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