SM, Financial Operations (Fixed Asset) at MTN Nigeria

Job Details

• To provide an access point for the company’s Fixed Asset information, thus safeguarding the company’s assets and having control on their movement -generally promoting ownership spirit within the company.
• To develop and implement a strategy that ensures CAPEX is within approved budget and detect any variance.
• 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.
• Develop strategic approach for managing fixed asset in MTNN and design framework to integrate all fixed asset related activities throughout the organization.

Job Description

• Provide guidance to MTNN management on in preparation and maintenance of strategic plans and fixed asset related accounting standards.
• Coordinate the development, improvement and implementation of internationally compliant policies and procedures regarding accounting and management of MTNN fixed assets.
• Develop and implement strategy that ensures CAPEX is within approved budget and that detect any variance.
• Review strategy for implementation of Reverse logistics process and coordinate the process for obtaining all necessary statutory certification as relates to MTNN fixed assets.
• Establish and implement process for identification and test of impairment indicators on MTNN assets.
• Coordinate periodic review of Asset Retirement Provision assumptions.
• Manage and control fixed asset register to provide precise and dependable information on MTNN fixed assets as well as its verification and audits, duly.
• Develop short and long term strategy for safeguarding MTNN fixed assets and promoting ownership spirit within the company.
• Interface with all internal/external stakeholders and auditors on all issues pertaining to the accounting and management of MTNN fixed assets.
• Coordinate the review and selection of appropriate depreciation methods, useful life and residual value for MTNN fixed assets.
• Ensure conformance of all company’s capital projects to company’s PPP’s on project execution.
• Develop and coordinate process of obtaining all necessary statutory certification as relate to MTNN fixed assets.
• Evaluate efficiency of systems being used in all fixed asset related activities.
• Provide a variety of adhoc reports for management decision making as regards assets of the company.

Job condition    

• Normal MTNN working conditions
• May be required to work extended hours
• Deals with a lot of paper work
• Move around locally to have a firsthand view of what is on site

Experience & Training

• Fluent in English and language of country preferable
• A first degree in a computer or business related discipline, but a finance related degree is desirable
• A professional accounting qualification (ACA, CPA, ACCA, CIMA)
• At least 10 years work experience comprising:
• Manager track record of 3 years or more; with at least 3 years in relevant sector/ industry  (i.e. Telecoms / Manufacturing/Oil and Gas) i
• Worked across diverse cultures and geographies advantageous
• At least 2 years’ experience in fixed asset management preferably within the within the telecommunication  / Manufacturing/Oil and Gas industry
• Experience in working with fixed asset management system and Enterprise Financial System.
• Knowledge of applicable International Accounting standards
• International Financial Reporting Standard
• Asset management in telecommunication industry
• Conversant with telecom equipment

Minimum qualification

BA, BEd, BSc, BTech or HND