About Deloitte

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the “Deloitte organization”) serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 312,000 people make an impact that matters at www.deloitte.com. 

About the Division

It takes a high-powered network of internal support professionals to keep Deloitte going strong. The internal services function provides a wide variety of support services to our organisation and people.

Rewarding career opportunities are available in:

·       Human resources

·       Information technology

·       Marketing and Communications

·       Financial support services, and much more.

As with all the functions in Deloitte, a core set of competencies is associated with each internal service area. An overall understanding of value-added client service, the experience to work in multifunctional and cross-border teams, strong business acumen, and the instinct to think and act globally are essential for advancement within Internal Client Services.

Main Purpose of Job

Effective delivers Project Services (PS) administration services to the business (as per dedicated Service Line) for engagements that are simple or small in nature or in support of Service Lines that have large volumes but are less complex in nature

Ensure that PS processes are run correctly.

Key Performance Areas:

Strategic Impact

• Under minimal guidance, supports the team in the delivery of services to clients in line with the defined strategic objectives

Client Impact: External / Internal

• Works collaboratively with own team and that of the client service line/area to deliver quality service in allocated tasks

Operational Effectiveness

• Raises areas of concern related to own/team delivery of service for discussion and resolution

Development/Growth of Team

•   Cultivates ability to give effective development feedback both upwards and to peers

Differentiators for this specific role:

Project Services Accountants will be responsible for the end-to-end management of projects including, but not limited to:

• Assists Business in collating the required information (such as the project plan, billing schedule and resourcing) to open a project code
•  Verifies accuracy and completeness of information required to open project codes
• Enforces compliance of governance requirements in the way that codes are opened
•  Communicates code governance requirements to business as and where needed
• Escalates non-compliance to direct report
• Ensures that the correct contract type is selected in order for the correct revenue recognition methodology to be followed
• Oversees the code opening integration of Phoenix to SAP S/4HANA , and loads any additional information required by SAP
• Ensures timeous and accurate opening and closing of engagement codes (by self or Business if applicable)
• Manages time recording and expenses claims in relation to the pre-loaded project plan
• Manages billing based on the project plan and instruction from Business
• Submit zero rated/ exempt VAT invoices to the Regional Tax Hub for tax compliance checks 
• Tracks unapproved expenses
• Tracks missing time sheets and unapproved overtime
• Reviews forecast revenue based on project plan, in line with firm policy
•  Effect any required adjustments, based on instruction from Business, to the monthly forecast to ensure accurate revenue recognition 
• Initiates credit notes on request from Business and submits to the Business Partner for review
• Ensures profit/loss impact of projects after project completion are reviewed and recognised correctly
• Assists Business with timeous project code closure
• Manages project code closure, with no activity, via a monthly ‘clean-up’ analysis
• Manages replacement of Project Owners (Manager, Billing Partner, Proxy, project leaders or AR Party) on SAP
•  Resolves queries relating to project services data or process
• ·Provides assistance and system training to project leaders on SAP activities relating to WIP and revenue reviews, rebates, provisions and revenue recognition reconciliations
• Manages Project Services close over month-end
• Performs first-level revenue analysis and combined with cost analysis from the General Accounting Accountant, provides feedback to the Country/ Regional/ Service Line Business Partner/s on the results

Governance:

• Communicates and updates the Project Services Specialist on Country/ Regional Project Services movements
• Attends Africa-wide: Project Services team meetings and training
• Complies with standardised processes and controls

Required

• Degree (Finance / Accounting)
• 4 years in finance

Preferred

• Postgraduate qualification in Finance / Accounting
• 5 years in finance

Competencies :

Technical Competencies

• Skilled in field with sound industry and business knowledge
• Demonstrated leadership skills
• Experienced in communication and implementation of strategy
• Proven ability to manage and execute projects
• Experienced in development and delivery of professional presentations
• Good report writing skills
• Good financial knowledge

Behavioural Competencies 

• Excellent communication skills, both written and verbal
• Effective interpersonal and relationship building skills
• Good mentorship and coaching ability with desire to develop self and others
• Strong client delivery focus
• Adaptable, managing change and ambiguity with ease
• Focus on quality and risk
• Effective problem solving ability
• Excellent business acumen

*Please note that this job advertisement provides a summary of the capabilities required and all candidates shortlisted will receive a full list of capabilities