Internship Opportunity: Budgeting Administrator Role

Job Description

The Foschini Group is seeking a detail-oriented Intern Administrator for Budgeting to join their dynamic team. This role involves managing and analyzing financial data related to magazine products, ensuring accurate billing and reporting.

Key Responsibilities

• Inputting monthly billing information (credit base movement, P and L) for assigned magazine products following billing on the 12th of each month.
• Providing regular updates to the senior budget manager on profit, expenses, and income related to each product.
• Updating related portfolio reports, including cost per acquisition (per channel) and profit per member.
• Tracking and managing all accruals on expenses.
• Invoice management including Coupa uploads and receipting.
• Collaborating with the relevant brand manager to understand product sales targets and actual variances, highlighting areas of concern such as cancellations and promotional spend against ROI.
• Working with the brand manager on summaries of product performance, including billings, profit, and expenses.
• Developing strong relationships with internal stakeholders, including the VAS finance team and telemarketing management.
• Weekly reporting to the senior budget manager on all product budget-related matters.
• Variance reporting on income and expenses at regular intervals, including weekly P & L views.
• Ensuring all budget formulas are correctly and consistently applied across the portfolio budgets.

Requirements

Qualifications and Experience

• Degree or Diploma in Finance, Accounting, Budgeting, Business, or a related qualification.
• Strong Excel skills and a deep understanding of budget management.
• Ability to effectively apply financial knowledge to ensure strategic growth of the portfolio.

Skills

• Strong budgeting and financial skills.
• Ability to work effectively as part of a team and independently.
• Skilled in presenting information confidentially when required.
• Deadline-driven and able to work under pressure.

Behaviours

• Adhering to Standards – Ensures quality and compliance in work delivery.
• Commercial Thinking – Leverages market and business insights in work delivery.
• Decision Making – Analyzes complex situations for effective and timely choices.
• Driving & Persevering.
• Meeting Customer Expectations – Consistently delivers exceptional customer service.
• Planning & Organizing – Uses a structured approach to manage tasks effectively.
• Presenting & Communication – Articulates ideas clearly to different audiences.
• Responding to Change – Shows a proactive mindset and navigates changing circumstances effectively.

Preference will be given to candidates from designated groups in terms of the Employment Equity Act.