Finance Career Opportunities at MTN Nigeria

Job Details

• To preserve shareholder 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
• 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.
• Drive processes to ensure accounting of all treasury transactions on ERP and ensure completeness and accuracy of ledger entries on the ERP dashboard.

Job Description

• 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 continually 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 in articulating a clear and compelling vision and translate strategy into a roadmap for success for Treasury Operations, insurance and Credit management
• Manage the value chain that supports the settlements of third party obligations
• Coordinate the administration of MTNN’s insurance policies and advise management accordingly
• Ensure compliance with all exchange control processes, monetary processes and international trade policies
• Establish 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, Credit and Insurance functions in MTNN

Job condition    
General working conditions

Experience & Training    

• A first degree in a finance, Banking  or accounting related discipline
• A professional accounting, credit and Insurance  qualification
• Advanced degree (MBA) or ACCA, CIMA, IRM
• Fluent in English and language of country preferable
• 10 years’ work experience which includes the following:
• Manager track record of 3 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  and insurance Company
• Treasury Operations and Insurable risk management
• Knowledge in Back office support for a corporate Treasury
• Knowledge about Credit management and administration
• 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.
• Treasury, Financial controls and management
• Financial markets and investment grade instruments
• Foreign exchange, swaps, derivatives and options
• Banking operations and Trade financing
• Conversant with up to date treasury products, policies and accounting rules
• Understanding of IFRS and Sarbanes Oxley Act, King 3
• Basel III regulations and provisions

Minimum qualification    

BA, BSc, BTech, BEd or HND

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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