JOB TITLE: Revenue Reporting Accountant
DEPARTMENT: Finance
VACANCY: Revenue Reporting Accountant
LEVEL: 5
LOCATION: Lusaka
JOB PURPOSE
The role is key to providing support on Revenue Accounting and Debtors management for Credit, Bank Guarantee, Corporate & Postpaid accounts and Site rentals.
REPORTING TO THE CHANNEL ACCOUNTING MANAGER, THE MAIN DUTIES WILL BE:
Prepaid and postpaid Revenue reporting
Provide RA validated Revenue reporting inputs from IT and Marketing to ACE for prepaid and postpaid and Review of revenue output from ACE team
Prepare and analyze revenue, monthly/quarterly revenue review
Ensure compliance with report input SLA
Debt Management
Proactive monitoring of potential bad debt and follow up with sales and commercial to expedite collections for Credit customers, Corporate, Partners & Postpaid debtors.
Liaison with Customer Service team & Credit Collection team on collections and representation at collections meetings held regularly.
Timely follow up on settlement of dues from collection partners.
Ensure completeness of bad debt provision every month end in line with SOP.
Distributor claims management
Monthly validation of Distributor Incentives calculation versus targets in liaison with S & D.
Ensure completeness of Incentive processing to avert omissions and inaccuracies.
Tracking and approval of Incentive orders duly validated by tax team through Order Management System and S&D portal are within SLA.
Ensure credit notes are passed based on Incentive schedule as incentive stock orders are booked to prevent debit balances on accounts.
Liaison with SCM/FR & AP for timely payment of incentives where applicable.
Responsible for accurate Target Incentive provisioning monthly to reflect true balance of Incentives Payable
Credit Management – Distributor debtors
Approval of distributor orders for credit accounts and Bank Guarantee to line with credit policy and within billing SLA
Provide twice weekly reconciliation of debtors to sales, marketing and Enterprise departments to facilitate timely collections on credit accounts
Daily review of age analysis for appropriate action.
Ensure compliance with terms & conditions of Bank guarantees & performance bonds held as security i.e. overdue amounts, limits, validity & release instructions from banks where applicable.
Initiation of timely reminders for renewal of security in line with Credit Policy.
Seeking waivers from group where in breach of policies to ensure smooth business operations and mitigate audit findings
Aligning of payment terms in place with those reflected in S&D portal and ASI
Overall management of bad debt on the portfolio to ensure no incremental provision is booked.
Daily monitoring of Bank Guarantee accounts
Dealer reconciliation & confirmation
Responsible for reconciliation of dealer accounts in line with SOP & distributor categorization.
Confirmation and sign off of balances for portfolio accounts
Obtaining No due certificates on all accounts
Report unusual transactions and discrepancies to Channel Accounting Manager
Balance Sheet Integrity
Reconciliation of revenue, deferred revenue accounts and debtors accounts.
Review and closure unreconciled items within SOP
Analyze various balance sheet accounts and reconcile monthly
Controls & Compliance
Adherence to SOPs in revenue accounting and reporting
Ensure compliance with SOP, credit policy and bad debt provisioning guidelines.
REQUIRED SKILLS & KNOWLEDGE
REQUIREMENTS
Bachelor’s Degree in Accounting or Finance and/Must have completed Part two of ACCA/CIMA
3 + years in accounting
Strong analytical skills and problem solving skills
Excellent planning skills
PERSONAL BEHAVIOUR REQUIRED IN THE POST.
Strong personal commitment to meet deadlines and ability to align other contributors in the organization
Strong Communication Skills – written and oral
Ability to function under pressure
Proactive
Ability to network and leverage on network to deliver results
CLOSING DATE
Suitable candidates are required to send their application & Curriculum vitae to jobs@zm.airtel.com. Closing date for applications is Friday 9th December, 2016.
Please note that due to the high volume of applications received, only shortlisted candidates will be contacted.
DEPARTMENT: Finance
VACANCY: Revenue Reporting Accountant
LEVEL: 5
LOCATION: Lusaka
JOB PURPOSE
The role is key to providing support on Revenue Accounting and Debtors management for Credit, Bank Guarantee, Corporate & Postpaid accounts and Site rentals.
REPORTING TO THE CHANNEL ACCOUNTING MANAGER, THE MAIN DUTIES WILL BE:
Prepaid and postpaid Revenue reporting
Provide RA validated Revenue reporting inputs from IT and Marketing to ACE for prepaid and postpaid and Review of revenue output from ACE team
Prepare and analyze revenue, monthly/quarterly revenue review
Ensure compliance with report input SLA
Debt Management
Proactive monitoring of potential bad debt and follow up with sales and commercial to expedite collections for Credit customers, Corporate, Partners & Postpaid debtors.
Liaison with Customer Service team & Credit Collection team on collections and representation at collections meetings held regularly.
Timely follow up on settlement of dues from collection partners.
Ensure completeness of bad debt provision every month end in line with SOP.
Distributor claims management
Monthly validation of Distributor Incentives calculation versus targets in liaison with S & D.
Ensure completeness of Incentive processing to avert omissions and inaccuracies.
Tracking and approval of Incentive orders duly validated by tax team through Order Management System and S&D portal are within SLA.
Ensure credit notes are passed based on Incentive schedule as incentive stock orders are booked to prevent debit balances on accounts.
Liaison with SCM/FR & AP for timely payment of incentives where applicable.
Responsible for accurate Target Incentive provisioning monthly to reflect true balance of Incentives Payable
Credit Management – Distributor debtors
Approval of distributor orders for credit accounts and Bank Guarantee to line with credit policy and within billing SLA
Provide twice weekly reconciliation of debtors to sales, marketing and Enterprise departments to facilitate timely collections on credit accounts
Daily review of age analysis for appropriate action.
Ensure compliance with terms & conditions of Bank guarantees & performance bonds held as security i.e. overdue amounts, limits, validity & release instructions from banks where applicable.
Initiation of timely reminders for renewal of security in line with Credit Policy.
Seeking waivers from group where in breach of policies to ensure smooth business operations and mitigate audit findings
Aligning of payment terms in place with those reflected in S&D portal and ASI
Overall management of bad debt on the portfolio to ensure no incremental provision is booked.
Daily monitoring of Bank Guarantee accounts
Dealer reconciliation & confirmation
Responsible for reconciliation of dealer accounts in line with SOP & distributor categorization.
Confirmation and sign off of balances for portfolio accounts
Obtaining No due certificates on all accounts
Report unusual transactions and discrepancies to Channel Accounting Manager
Balance Sheet Integrity
Reconciliation of revenue, deferred revenue accounts and debtors accounts.
Review and closure unreconciled items within SOP
Analyze various balance sheet accounts and reconcile monthly
Controls & Compliance
Adherence to SOPs in revenue accounting and reporting
Ensure compliance with SOP, credit policy and bad debt provisioning guidelines.
REQUIRED SKILLS & KNOWLEDGE
REQUIREMENTS
Bachelor’s Degree in Accounting or Finance and/Must have completed Part two of ACCA/CIMA
3 + years in accounting
Strong analytical skills and problem solving skills
Excellent planning skills
PERSONAL BEHAVIOUR REQUIRED IN THE POST.
Strong personal commitment to meet deadlines and ability to align other contributors in the organization
Strong Communication Skills – written and oral
Ability to function under pressure
Proactive
Ability to network and leverage on network to deliver results
CLOSING DATE
Suitable candidates are required to send their application & Curriculum vitae to jobs@zm.airtel.com. Closing date for applications is Friday 9th December, 2016.
Please note that due to the high volume of applications received, only shortlisted candidates will be contacted.
