Senior Manager - Treasury Operations and Support at MTN Nigeria

Division: Finance

Mission:

• To preserve shareholders 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.  

Description:

• Evaluate credit portfolio of various SBUs and ensure strategic alignment to MTNN objectives
• Ensure debt to revenue ratio meet MTNN strategic objectives and effectively manage/ reduce MTNN exposure to bad debt risk
• Responsible for working capital management, risk management and efficient running of treasury operations and controls with the objective of achieving MTN corporate and financial objectives
• Drive processes to ensure accounting of all treasury transactions on ERP and ensure completeness and accuracy of ledger entries on the ERP dashboard
• 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 constantly 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 with articulating a clear and compelling vision and translate strategy into a roadmap for success for Treasury Operations, Credit management and Working capital management 
• Responsible for managing the value chain that supports the settlements of third-party obligations  
• Ensure compliance to all exchange control processes, monetary processes and international trade policies 
• Oversee the establishing of 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 and Credit Management functions in MTNN 
• Ensure prompt settlement of Third-party bills and obligations 
• Management of exchange control process for all foreign obligation settlement to 3rd parties
• Review the performance of individual team members and complete appraisals in accordance with the employee performance appraisal procedures and time schedules
• Identify training requirements of team members and develop program to address knowledge gaps
• Lead in the development of new processes and improvement of existing ones as appropriate
• Coach and train Treasury Operations and Credit management teams to ensure understanding of the objectives and goals of the department, awareness of set targets/requirements and regularly review their training needs

Education:

• A first degree in a finance, Banking or accounting related social science discipline 
• A professional accounting qualification, CFA chartered holder, ACI dealing certificate 
• MBA is advantageous  
• Fluent in English and language of country preferable

Experience:

9-17 years’ work experience which includes the following: 

• Manager track record of 5 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  
• Corporate Treasury Experience is mandatory  
• Knowledge in front office treasury, money market and Fx structuring  
• 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.