Job Title

Channel Finance Specialist

South Africa, Gauteng
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R60000 - R90000 Per Month
Area: South Africa, Gauteng
Sector: FinTech
Posted: 24 May 2024

Job Details

A FinTech solutions group providing financial B2B and B2C services across Southern Africa, is looking for a Channel Finance Specialist to play a critical role in managing and optimising the financial performance of the company’s ATM business. This position requires a deep understanding of device mix, financial modelling, and strategic financial planning to support the sales and distribution channels. 

 

DUTIES WILL INCLUDE, BUT ARE NOT LIMITED TO: 

  • Financial Analysis & Reporting 
    • Analyse financial data related to ATM sales and transactions to identify trends, opportunities, and areas for improvement 
    • Prepare detailed financial reports and presentations for senior management and stakeholders 
  • Financial Modelling  
    • Develop and maintain financial models to forecast revenue, costs, and profitability for different device mixes and business scenarios 
    • Evaluate the financial impact of new business opportunities, pricing strategies, and promotional activities 
  • Channel Support  
    • Collaborate with sales and distribution teams to provide financial insights and support for channel strategies 
    • Monitor and analyse the performance of different sales channels, recommending actions to enhance profitability and efficiency 
  • Commission & Incentive Management 
    • Oversee the calculation and distribution of commissions based on device sales and ATM transactions 
    • Ensure timely and accurate commission payments, adhering to company policies and contractual agreements 
    • Develop and implement incentive programs to drive channel partner performance 
  • Budgeting & Forecasting 
    • Assist in the development of annual budgets and financial forecasts for the ATM business 
    • Track and report on budget performance, identifying variances and implementing corrective actions as needed 
  • Process Improvement 
    • Identify and implement process improvements to enhance financial reporting, forecasting, and analysis 
    • Develop and maintain standardized tools and templates for financial analysis and reporting 
  • Strategic Planning 
    • Contribute to the development of strategic plans for channel growth and expansion 
    • Conduct financial modelling and scenario analysis to support decision-making 
    • Provide financial insights and recommendations to support business strategies and objectives 
  • Compliance & Controls 
    • Ensure compliance with internal financial policies and procedures 
    • Implement and maintain effective financial controls to safeguard company assets 
    • Assist in the preparation of audits and ensure adherence to regulatory requirements 

REQUIREMENTS  

  • Bachelor’s degree in finance, Accounting, Economics, or a related field. MBA or relevant certification (e.g., CFA, CPA) is a plus 
  • Minimum of 3-5 years of experience in finance, preferably within the ATM or financial services industry 
  • Strong proficiency in financial modelling, analysis, and reporting 
  • Excellent analytical and problem-solving skills 
  • Advanced proficiency in Microsoft Excel and financial software applications  
  • Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams 
  • Detail-oriented with a high degree of accuracy in work 
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment 
  • A valid driver’s license 
  • Own reliable transport 
  • Clear criminal and credit record 
  • Contactable via own mobile phone 
  • Available for work to weekends and public holidays when required