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Manager – Dealer Management (Finance)

Safaricom Telecommunications Ethiopia PLC

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Finance

Financial Management

Addis Ababa

Position

2021-09-25

to

2021-10-02

Required Skills
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Full Time

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Job Description

About Us

Safaricom Telecommunications Ethiopia Plc is a company supporting Ethiopia’s digital transformation. As a member of the Vodacom family, we have a wealth of experience connecting over 334 million people globally and over 180 million people in Africa across our network. We look forward to partnering with Ethiopians as we build a new network in Ethiopia.

We are setting the groundwork in readiness for the launch of our services next year and are looking to work with purpose-led teams that put the community at the heart of service.

Safaricom Ethiopia is offering a wide range of careers, whether you’re looking to join our technology, commercial or corporate teams. If you would like a challenge and the promise of a digital future for the people of Ethiopia, we are looking for you. 

We are pleased to announce the following vacancy for Manager – Dealer Management (Finance) within Finance Function in Ethiopia. In keeping with our current business needs, we are looking for a person who meets the criteria indicated below.

Detailed Description

Reporting to the Executive Head -Financial Controller, the role holder will be responsible for

Efficient management of Safaricom Telecommunication Ethiopia PLC distributors cash and payment for all distributors in the company.

Efficient management of accounts receivable operations including distributor support and financial management ensuring the distribution channel is properly supported on all the financial aspects.

Ensure proper controls in the accounts receivable section, looking for opportunities to reduce manual operations whilst ensuring all transactions are reported as per accounting standards guidelines.

Job Responsibilities

  • Review all accounts receivable processes and ensuring they are frequently updated to address any emerging challenges.
  • Ensure preparation of sub ledger to ledger reconciliation of all the accounts receivable and resolve any variances identified.
  • Monitor dealer account statements daily confirming that they are operating within the approved credit limits
  • Guide distributors in obtaining credit limit security documents and ensuring these instruments are enforced in-case of any breach in the terms
  • Provide regular performance reports to management on the sales movement to dealers calling out trends and insights
  • Contact and follow up on the collection of debts from dealers
  • Prepare accurate monthly profit and loss for accounts receivable section and ensuring they are properly supported and explained
  • Investigate and resolve all finance matters raised by the distributors ensuring they are closed in minimum time.
  • Reconcile daily sales to cash collections ensuring that all sales are supported by cash collected in the bank.
  • Explore various ways of automating processes to reduce manual intervention while ensuring dealer get best in class experience.
  • Carry out an annual review of accounts receivable policy to ensure full alignment with Safaricom group policy and to strengthen or reformulate the policy if necessary (based on operating feedback)
  • Implement AR policies ensuring that department are adhered to.
  • Ensure and monitor the adherence to the laid down procedures for approval of the transactions, dealer payments, checking, and transfer of the electronic files are strictly adhered to and report any breach of any part of the process to management.
  • Report variances and explain them between forecast and actual cash flow to measure level of forecasting accuracy

Job Requirements

Requirements

  • Qualified Accountant CPA /ACCA/CIMA/ACA and a member of a professional body with a finance or related Honors degree from a recognized university 
  • 3-5 years Accounting experience in a well-run company
  • At least 2 years at a supervisory level with experience in managing a distribution channel
  • Experience in building complex financial models to evaluate various financial plans.

How to Apply

If you feel that you are up to the challenge and possess the necessary qualification and experience, kindly proceed to update your candidate profile on Ethiojobs.net 

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