Payroll Accountant

The Organisation

MultiChoice Group (MCG), a subsidiary of Groupe CANAL+, is a leading provider of entertainment and related consumer services. The company has an expanding ecosystem, underpinned by scalable technologies, and track record now spans almost 40 years

.MCG provides video entertainment products and services through its linear and streaming platforms to millions of households across 50 countries on the African continent. Continues to grow by producing and acquiring the best local, sport and international content, offering tiered subscription packages and aggregated streaming services to its customer base

.MCG’s superior technology capabilities enable it to continue innovating around distribution, digital, payment solutions and content security to offer the best customer experience across the continent. Reaching up to 10

0million individuals daily, the MultiChoice Group is using its scale and distribution to expand its platform to include sports betting and interactive entertainment, fin-tech services, household services (focused on internet connectivity with emergency response services) and ed-tech

.Irdeto which is MCG’s technology business, provides platform cybersecurity services which protect over 6 billion devices and applications globally for some of the world’s best media and technology brands, as well as clients in the connected industries.

Key Performance Objectives

Tasks

Payroll Compliance

Payroll compliance is essential to ensure that we meet all legal and regulatory requirements related to payroll accounting practices. Non-compliance can result in fines, legal actions, and damage to the company’s reputation. It also means fair treatment of employees, leading to better morale and trust within the organization.

▪Assist in the development/creation, implementation, and maintenance of system of robust controls, procedures and policies relating to the payroll function.

▪Responsible for monitoring compliance to accounting policies, payroll legislation, internal controls, and policies.

▪Support internal and external audits process and ensure that any findings are resolved.

▪Work with cross functional teams in the shared services and business to ensure compliance, accuracy, and efficiency in financial areas.

▪Review and approve all payments prepared by the payroll teams.

▪Ensure accuracy and compliance of journals, payments and reconciliations through quality assurance reviews and advise team of corrective action to be taken.

▪Ensure SOP’s and internal procedures are adhered to and updated when there is a change.

▪Maintain confidentiality and ensure adherence to POPIA.

Accounting Activities

Preparing, Reviewing, Creating Journals:

▪Extract and balance payroll journal for posting into SAP for the Multichoice Companies

▪Calculate and process leave provisions.

▪Calculate and process bonus provisions

▪Prepare, post, and reconcile the cashbooks.

▪Review and process reallocation journals from business.

▪Recognizing the salary costs of associate companies on SAP and submitting the invoice to the relevant Finance Managers

▪Allocating Payroll deductions to the GL (Income statement, Balance sheet or staff debtor accounts)

▪Ensure SLA requirements are met by posting journals requested on SMAX.

Balance Sheet Reconciliations:

▪Prepare Balance Sheet reconciliations on Blackline (approx. 50).

▪Investigate reconciling items and resolve the current outstanding items (including but not limited to passing adjusting entries, following up with payroll administrators, investigating non-payroll related entries and tracing to the source)

▪Ensure KPI’s are meet by meeting balance sheet reconciliation quality requirements every month.

Income Statement Reconciliations:

▪Prepare monthly Income Statement reconciliation for payroll expense accounts.

Payments:

▪Process confidential payments, as per Management request.

▪Process bursary payments.

▪Maintain debtor’s book for payroll related debt.

SMAX:

▪Ensure adherence of SLAs by monitoring and allocating SMAX calls.

▪Resolving payroll related queries

Payroll Analytics

Payroll Analytics is a value adding activity to ensure accurate payroll data and to provide meaningful report to our customers.

▪Extraction of all month end reports from Sage 300.

▪Analysing payroll data and providing meaningful reports to business.

▪Preparation of month end payroll management reports

▪Extract and distribute cost centre reports.

▪Prepare and request monthly funding for salary costs and agree to costing reports received from various payroll administrators.

▪Supporting customers with payroll analytics

▪Assist in preparing the Monthly Management Packs and Month End Close Packs

▪Distribution of agreed monthly payroll reports.

Innovation and Continuous Improvement

Shared Services drives a culture of continuous improvement and innovation.

▪Ensure standardisation of payroll accounting processes across all countries.

▪Collaboration across teams to streamline processes to improve ways of working.

▪Adhoc projects that arise on a continuing basis.

▪Support Shared Services initiatives of process improvements, people practices, business efficiencies, and improved governance.

Continuous Learning & Development

▪Keep up to date on changes in related legislation.

▪Ensure all company-initiated courses are completed on time.

▪Self-development to stay relevant in the accounting profession.

Qualifications

▪Minimum a B.Com Degree

Experience/Skills

▪Minimum 2 years’ relevant experience in a similar role

▪Sound knowledge of Payroll legislation and Taxation rules

▪SAP experience

▪SAGE 300 payroll experience would be advantageous.

▪Advanced excel skills.

▪PowerPoint skills.

▪PowerBI.

▪Online banking experience