Manager - Banking and Cash Management at MTN Nigeria

Mission

• To manage MTNN banking relationships, cash management and short-term investments and maximize financial returns on MTNN assets and mitigate financial risk.

Description

• Support the development and maintenance of systems projects to manage and improve cash flow and banking information
• Prepare board paper and memoranda as it relates to banking and other related projects.
• Develop and obtain approvals for implementing appropriate policies and procedures. 
• Manage Cash or Liquidity:
• Control cash exposure for bank accounts; inclusive of setting appropriate risk ratings and levels.
• Direct payments via appropriate bank account channels.
• Ensure cash availability in banks meet MTNN’s operational needs.
• Monitor inter-bank transfers, cash sweeps and other transfers.
• Articulate a broad based knowledge of the basics of the different company functions, cause and effect across these functions in terms of financial and treasury decisions taken
• Take appropriate managerial action to ensure targets are met or exceeded when routinely monitored (sales, trend, and profitability analysis, profit margins, return on investment (ROI), market share and value). 
• Manage MTNN short term local and offshore investment placements applying ‘SLY’ principle for MTNN and its subsidiaries.
• Ensure that MTNN optimizes its returns based on agreed Weighted Average returns on Maturity.
• Manage liquidity and concentration risk across MTNN banks.
• Mitigate MTNN exposure to financial institution. 
• Advise and provide internal consulting service to General Manager Treasury and other parties within Finance. 
• Review performance of individual team members and complete appraisals in accordance with the employee performance appraisal procedures and time schedules.

Education:

• First degree in Accounting, Economics, or any other Finance related discipline.
• A professional Finance or Accounting qualification (ICAN, ACCA, CPA, CIMA,).
• A post graduate degree is an added advantageous.
• Fluent in English.

Experience:

• 6 - 13 years’ experience which includes:
• Minimum of 3 years’ experience in an area of specialization; with experience in supervising/managing others.
• Experience working in a medium to large organization.
• Experience in a treasury function in a reputable organization in the financial services sector or multinational corporate treasury experience.
• Experience in international trade finance, foreign exchange activities and cash management.
• Extensive bank reconciliation experience.
• Cash, interest rate, foreign exchange and derivative market experience.