Senior Manager, Treasury Operations and Support at MTN Nigeria

Job Details

• To preserve shareholder value through effective and efficient running of the treasury back office & support and position Treasury at the heart of Strategic business Units of the company
• Extract value from what we already have through divisional focused commercial activities such as: divisional business optimisation projects, contracts review and negotiation, capital/budget efficiency activities within division, etc.
• Innovation – identifying and taking advantage of new business opportunities, e.g., through stimulating new business opportunities, divisional products launched, division product/process innovation, structural changes within division, etc.
• Maintain leadership in the ICT/Digital industry by influencing state/local legislations & policies, participating in local level industry think-tanks, building & extending national B-2-B and similar relationships, etc.
• Enhance/expand MTN’s role in the larger national and ecosystem through participation as a thought leader, executing local CSR projects, involvement in local industry non-ICT policy & think-tank activities etc.
• Divisional people leadership activities: coaching, staff development and motivation through intra staff coaching, employee networks mentorship/support, own division employee engagement projects, faculty roles, inter/intra talent mentorship, etc.
• Generic activities necessary for positive business outcomes such as: supporting recruitment, thought leadership as internal (interview/disciplinary) panel member, influencing next level leaders (e.g., at BPR) etc.
• Drive processes to ensure accounting of all treasury transactions on ERP and ensure completeness and accuracy of ledger entries on the ERP dashboard.

Job Description

• Drive consistent application of MTN credit policy, collections and bad debts write offs across all revenue channels and ensure alignment with Board Approvals,
• Evaluate, develop and implement cash management systems to optimize efficiencies and continually explore opportunities to maximize funds and working capital
• Ensure timely and accurate production and analysis of monthly liquidity measurements, liquidity transfer pricing charges and cash position and advise management on the liquidity aspects of its short- and long-range planning
• Maintain in-depth understanding of industry trends relative to treasury risk and loss avoidance.
• Support the GM Treasury in articulating a clear and compelling vision and translate strategy into a roadmap for success for Treasury Operations, insurance and Credit management
• Manage the value chain that supports the settlements of third party obligations
• Coordinate the administration of MTNN’s insurance policies and advise management accordingly
• Ensure compliance with all exchange control processes, monetary processes and international trade policies
• Establish appropriate treasury operations and credit management policies and procedures and ensure continuous review and update of the unit's PPPs as changing conditions warrant and the business grows
• Ensure timely preparation of board papers
• Develop short/Medium term strategy for the Treasury Operations, Credit and Insurance functions in MTNN

Job condition    
General working conditions

Experience & Training    

• A first degree in a finance, Banking  or accounting related discipline
• A professional accounting, credit and Insurance  qualification
• Advanced degree (MBA) or ACCA, CIMA, IRM
• Fluent in English and language of country preferable
• 10 years’ work experience which includes the following:
• Manager track record of 3 years or more; with at least 3 years in relevant sector/ industry
• Worked across diverse cultures and geographies advantageous
• Understanding of risk management practices, financial market instruments and regulatory requirements in a Commercial bank/ Multinational Telecoms company  and insurance Company
• Treasury Operations and Insurable risk management
• Knowledge in Back office support for a corporate Treasury
• Knowledge about Credit management and administration
• Extensive experience in liquidity management and accounts payable settlement
• Knowledge of investment portfolio strategy, banking, and financial instruments.
• General knowledge of GAAP and SEC reporting requirements for investments and other financial instruments.
• Treasury, Financial controls and management
• Financial markets and investment grade instruments
• Foreign exchange, swaps, derivatives and options
• Banking operations and Trade financing
• Conversant with up to date treasury products, policies and accounting rules
• Understanding of IFRS and Sarbanes Oxley Act, King 3
• Basel III regulations and provisions

Minimum qualification    

BA, BSc, BTech, BEd or HND