Specialist: Payment Operations – Acquiring

To ensure that key financial and business objectives of the Acquiring business of the VodaPay vertical within Vodacom Payment Services are met with regards to internal controls, reconciliations, financial reporting and analysis. Provide support to the Commercial and IT teams with regard to the processes and controls required from a financial perspective.

Your Responsibilities Will Include

Process and controls

Assist with the design of recon and billing engine testing (in UAT) and the actual testing for VPS as wholesaler and after implementation ensure that daily, weekly and monthly reconciliations and reporting is performed.

Assist with the design of the financial process and the actual testing (in UAT) including bank reconciliations, merchant accounts receivables and inventory; and after implementation ensure that daily, weekly and monthly reconciliations and reporting is performed.

Ensuring that invoicing, payments, refunds, chargebacks are correct and the allocation thereof is correct in the accounting records

Ensuring that inventory and Capex is correctly accounted for and that the FinOps team has the correct information at their disposal for reporting and disclosure.

Capture signed off/approved reconciliations on to SAP for payment via MJUT

Read and provide feedback on all relevant Business Requirement Specification documents from Business Analysts to ensure FinOps and business partner requirements are covered

Partner with Financial services and any other FinOps departments to ensure that VSA and Vodafone Policies as well as internal audit requirements are followed and where applicable policies implemented in the VFS business unit.

Be involved in the development and flow of processes from QA to Production;

Work together with Financial Services and FinOps teams to ensure that VSA Policies are followed and applicable policies implemented in the VFS business unit with regard to payments.

Reconciliations Track daily transactional reports and reconcile to bank statements;

Perform monthly/weekly reconciliations required for the acquiring business (not SAP or Cadency recons)

Assist in all relevant business reconciliations between various systems used across the business (refer 1 above);

Ad-hoc resolution of queries related to month-end processing.

Reporting

Prepare all necessary reports whether daily, weekly, monthly or exception reports.

Assist in the design of all necessary reports whether daily, weekly, monthly or exception reports.

Ensure that business requirements are implemented and accounted for correctly in the system, including liaising with the commercial business team, business analysts, IT(Scrum Master) and Quality Assurance;

Reviews of reports to ensure accuracy and alignment with expectations based on business knowledge, also to ensure reporting has adequate information for financial recording and review purposes;

Ensure that processes/costs are in line with the approved business case

Ad-hoc reporting requirements.

Analysis and Other

Analysing reported data for key trends and anomalies. exception reporting to be investigated and resolution of exceptions (with the assistance of the various IT and business teams);

Assist the business in assessing new products and the requirements (IT, Commercial, Controls) from a Financial perspective.

Ensure new products and processes comply with FinOps controls and are working properly both in UAT and post production;

Reviews of reports to ensure accuracy and alignment with expectations based on business knowledge, also to ensure reporting has adequate information for financial recording and review purposes;

Review inventory received documentation

Ad-hoc tasks.

The Ideal Candidate For This Role Will Have

Bachelor of Commerce degree – advantageous

Experience

Minimum 3-5 years financial experience – essential

Payments/Financial Services industry knowledge – advantageous

Previous ICT (Information and Communications Technology) industries experience an advantage.

Closing date for application is 7 September 2021

Base location for this role is Midrand, Vodacom Campus

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitmentprocess. As an Equal Opportunities employer, we actively encourage and welcome people with variousdisabilities to apply.

Vodacom is committed to an organisational culture that recognises, appreciates and values diversity &inclusion.