Finance Business Partner

Location: Cape Town - Hybrid model (2-3 days in the office)

Contract Type: Permanent

Working Hours: 10:00AM : 18:30PM (SAST)

Role summary

• Responsible for transactions and balances in all banking (receipts and payments), fixed assets, intercompany and SG&A accounts across all group in scope
• Contributes to the control environment of the group

• A relevant tertiary qualification
• 3-5 years experience working in a finance team using ERP systems (Oracle, SAP, NetSuite or Microsoft Business Central experience is advantageous)
• Experience with group reporting is advantageous
• Excellent Excel skills
• Have an analytical and problem-solving mindset with an ability to generate clear, well presented and accurate insight
• Good communication, negotiation and interpersonal skills
• Ability to handle conflict and work under pressure
• Affinity for people and a track record of collaboration

Tasks:

• Own the process mapping for these 2 processes within the SOP:
• Purchase to pay
• Record to report (SG&A and balance sheet)
• On a daily basis, perform the following tasks:
• Capture bank account deposits and direct bank account payments for all bank accounts
• Perform daily bank reconciliations for all bank accounts 
• Capture approved AP invoices received, paying attention to their allocation and due dates
• On a weekly basis, perform the following tasks:
• Process weekly expense payment runs and present to the relevant FM for review
• Process weekly AP payment runs and present to the FM or FD for review
• Update the Fixed asset register for new purchases where applicable
• On a monthly basis, perform the following tasks:
• Process IFRS adjustment journals in the relevant entities
• Update Depreciation calculations and post the relevant journals.  Prepare monthly fixed asset reconciliations and present to the FD for review
• Prepare intercompany account reconciliations and present to the FM / FD for review
• Maintain and update the monthly insurance schedule and present to the FM / FD for review
• Update monthly exchange rates on NetSuite
• Review the AP ageing across all entities and present to the FD for review
• Own the GL reconciliation process to ensure that all balance sheet accounts are reconciled and only ‘open’ items are shown in the ledger reports. 
• Own completion of the monthly management accounts, investigate significant variances between actual and plan (as directed by the FD) to ensure timely submission to OES
• Review the balance sheet with the FD prior to finalisation of monthly management accounts.
• On an ad hoc basis, perform the following tasks:
• Oversee the annual budgeting process as directed by the FD
• Support the FMs with information and analysis as required to fulfil statutory and tax compliance requirements, as directed by the FD
• Provide any other ad hoc reporting, as directed by the FD or FMs

These are some of the perks you can expect when you join the team:

• Flexible working hours
• Generous annual leave policy
• Paid maternity, parental, and study leave benefits in line with policy
• Learning and development opportunities within a global team
• Fun events organized by the Construct Social Committee

ABOUT CONSTRUCT EDUCATION

Construct Education is a strategic digital learning solutions company specializing in the design of innovative, impactful, and bespoke digital learning experiences. As a wholly-owned subsidiary of OES, a global leader in education solutions, we continue to push the boundaries of online education.

Construct Education is a fee-for-service partner to institutions, and organizations worldwide, creating digital learning experiences that empower both learners and educators. We are committed to redefining online education in a way that prepares learners for real-world challenges and helps them succeed in their careers.

We are on a mission to transform online learning and bridge the gap between education and employment. Our vision is for everyone to have access to meaningful education through superior online programs.