Manager - Technical Accounting at MTN Nigeria

Reports To: Senior Manager - Technical Accounting

Division: Finance

Mission:

• The Manager Technical Accounting will ensure financial integrity, compliance, and transparency for the respective Opco by adhering to the accounting standards. The role will play a pivotal part in ensuring that the financial reporting remains accurate and consistent by conducting meticulous reviews.
• The role will also focus on promoting consistency in accounting treatments by collaborating with internal stakeholders, developing, and implementing robust accounting policies, and performing post implementation reviews of new accounting standards.
• The incumbent for the role will also stay abreast with regulatory changes and emerging accounting developments and will provide timely guidance and essential training to the relevant team members, ensuring they are equipped to navigate and implement necessary adjustments effectively.

Description:

• Accounting Pronouncements: 
  •  Identify, maintain, and communicate all current and upcoming accounting pronouncements relevant to the Opco's financial statements
• Position Papers: 
  •  Develop well-supported position papers required to present draft conclusions to the Group and Opco CFO and management 
• Revenue Recognition and Other Accounting Standards Compliance:
  • Collaborate with cross-functional teams to ensure adherence to the relevant standards
  • Review contracts and assess their impact on revenue recognition and other financial statements line items
  • Provide guidance on complex technical accounting scenarios, including multiple-element arrangements and contract modifications
• Mergers and Acquisitions (M&A):
  • Evaluate accounting implications related to business combinations, purchase price allocations, and goodwill impairment assessments.
  • Assist in integrating financial reporting systems and processes post-acquisition
  • Technical Accounting Research:
  • Conduct in-depth research on accounting issues, including complex transactions, non-standard arrangements, and emerging topics.
  • Prepare technical memos documenting conclusions and recommendations.
  • Provide inputs into various board committee submissions detailing accounting implications of proposed transactions
• Financial statements 
  • Review FS templates  and update disclosure on new accounting standards
  • With the aid of IFRS disclosure checklist, review annual and interim FSs to ensure disclosures are adequate and presentation complies with IFRS
  • Collaborate with external auditors and internal stakeholders in restating financial statements (where such is required)
  • Investigate and rectify any accounting errors or misstatements
• Policy Development and Implementation:
  • Assist in developing and updating accounting policies and procedures
  • Complete post-implementation reviews following the implementation of new accounting standards
  • Ensure consistent application of accounting policies across the Opco
• Training and Education:
  • Develop training materials and resources to support ongoing education.
  • Deliver periodic IFRS refresher and update training sessions to finance and accounting teams 
  • Foster a culture of continuous learning and awareness

Education:

• Fluent in English and language of country preferable
• First degree in accounting or related area of study
• ICAN or International Equivalent. (ACCA, ICAEW, CIMA)

Experience:

6 - 13 years’ experience which includes:

• Minimum of 3 years of experience in technical accounting 
• Experience in financial reporting is desirable
• Familiarity with financial accounting concepts for both public and private companies
• In-depth knowledge of IFRS accounting standards and their application to telecommunications companies
• Proven track record of leading technical accounting teams, demonstrating expertise in regulatory compliance and financial reporting
• Experience in providing guidance and support to finance teams on complex technical accounting matters, including revenue recognition, lease accounting, and impairment assessments
• Experience in monitoring and interpreting accounting standard changes
• Prior experience Financial Services preferred, with experience within the telecom industry 
• Strong analytical and problem-solving skills, with the ability to interpret complex accounting issues and provide practical solutions
• Proficiency in conducting technical accounting research and preparing well-supported position papers to guide decision-making at senior management levels