Accountant at Multinational Telecommunications Company

We are a leading multinational telecommunications organization with Headquarters in Lagos Nigeria requiring a number of well experienced candidates to fill the vacant positions below.

Ref: ADM-SPT-TEL-ACT-FIN-2023

Job Description

We are seeking an experienced, qualified accountant to join Telecoms Finance Department focusing on Segment Financial Reporting & Compliance activities for our Telecommunications business in Nigeria.

The successful candidates will be part of the segment-level team that handles accounting, compliance (IFRS) and assurance over segment financials reported both internally and externally. It is a critical team within Telecoms Finance, responsible for ensuring that segment results are prepared in a timely, accurately and world-class manner, as can be expected from one of the largest telecommunications companies in Africa.

You will be accountable for preparation and submission of segment level financial reports, insights,  review of all the overall segments’ and business units financials statements (focusing on P&L and Balance Sheet) and notes to senior management, while ensuring robust controls over financial reporting processes.

As you will be overseeing segment level financials and associated processes, you are required to exhibit strong interpersonal skills, as you are dealing with multiple stakeholders, initiate and lead segment wide process improvement opportunities, and promote consistent application of group policy.

The role provides exposure to senior management as well as the opportunity to get involved in wide ranging financial activities associated with business planning, monthly and quarterly reporting, long-term planning, investment decisions, price and tariff development and negotiations.

Overall, this is a fantastic, and high profile, role that will allow the successful applicant market-leading career opportunities.

Responsibilities

The successful candidates will perform a broad spectrum of financial accounting activities, ensuring that financial accounts are prepared in a timely and world-class manner. 

• Assists in budget development cycles. Set, monitor and allocate budgets in coordination with the business and Finance.
• Participate in the consolidation and reconciliation of financial figures reported to executive management to finalize the business line financial reports at both actual and planning events
• Prepare monthly and quarterly financial statement analytical review at business unit level
• Ensure timely and accurate recognition of provisions relating to installations, legal and asset retirement obligations
• Provide the organization advice on technical accounting issues
• Identify and implement preventative and detective controls on key financial processes
• Establish and maintain reconciliation controls on balance sheet accounts
• Coordinate, maintain, and resolve outstanding audit exceptions for both internal and external auditing
• Coordinate with various internal company financial stakeholders and compliance such as Treasury, Accounting Policy, Tax, Pricing, Financial Accounting, External Reporting, Enterprise Risk, Audit, and Affiliates Support for the business.
• Oversee the implementation of cost-effective internal controls for results-oriented management; assess the adequacy of internal controls; identify needed improvements and take corresponding corrective action; and report annually on the internal controls through management assurance statements.
• Develop product and regional segment financial statements.
• Support the performance management team in key deliverables such as business planning, monthly and quarterly business reviews and forecasting our financial results. Also, exploiting optimization opportunity, building business case and support in implementing such opportunity. Support business development activities ranging from capital projects to upgrades.
• Support business systems architecture and ERP for financial functions initiatives.
• Develop and/or review financial models (mainly in relations to the impairment testing, tariffs, and tax related activities)

Education & Experience Requirements

• A Bachelor’s degree in a Business or Finance discipline.
• Accounting / Finance professional designation (ACCA, CPA, CMA, CIMA, CA, CFA, or equivalent).
• 12 years of experience in the Finance and reporting related activities. Preferably, 5+ years of this experience will be in the Telecoms.
• Previous experience in implementing financial controls.
• Solid understanding of IFRS in relation to Telecoms
• Ability to work with incomplete data and drive conclusions and recommendations to senior management
• Working knowledge of SAP or other ERP Finance Modules.
• In depth knowledge in one or more of the following areas: trade accounting, impairment, asset accounting, cost reallocations, revenue accounting, transfer pricing, financial consolidation and group reporting requirements
• Strong modelling experience would be considered an asset as it allows you to be active in an even broader suite of responsibilities.