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Chief Financial Officer

  • Location:
  • Salary:
    negotiable
  • Job type:
    Full Time
  • Posted:
    3 years ago
  • Category:
    Accounting & Finance
  • Deadline:
    October 8, 2021

MISSION/CORE PURPOSE:

To monitor and control financial risk through ensuring the availability of accurate current financial data, and the provision of financial reporting systems that conform to business and governance requirements.

Context: (Global influences, environmental / industry demands, organizational mission, etc.)

  • Business cycle influences
  • National economic conditions and regulatory
  • Changes Management of corporate governance

CORE RESPONSIBILITIES:

Role Complexity:

  • Advise on financial implication in forms such as Broad meetings meetings. ManCom,
  • Operational Review Ensure adequate company funding when required
  • Advising CEO and other executives
  • Initiation of projects and sponsors

Task Complexity:

  • Provision of timeous, accurate and relevant financial information
  • Ensure conformance of company policy to regulations
  • Custodian of company assets (control, loss protection, internal controls)
  • Manage risk and return of company financial resources
  • Enforce corporate governance in company financial decision making
  • Provision of long- term financial plan for MTN funding

Direct company procurement function

  • Provides financial leadership to commercial operations, manages credit and foreign currency exposure
  • Ensure that all commercial arrangements are in line with financial objectives of the organization.

Manage expenditure, CAPEX and OPEX.

  • Manages relationship with other departments ensuring appropriate financial advice is provided to support departmental decision
  • Managers relationships with legal and regulatory bodies such as Customs Department, Income tax department and External Auditors
  • Manage relationship with banks
  • Ensure compliance with regulatory requirements and tax and commercial laws
  • Ensures full compliance with all group accounting and reporting requirements

Supervisory /Managerial/Leadership Complexity:

  • Management of reports, succession planning performance management

LATERAL DIMENSION OF THE POSITION

Creativities (improvement/innovation inherent)

  • Provision of financial modeling and scenario analysis that maximizes shareholder wealth Creation of strategic relationships with Creation relationship with key bankers
  • Implementation of financial best practices throughout organization

Vulnerabilities

  • Incorrect financial information
  • Failure to secure beneficial
  • Conditions Uncertainty of interest rates
  • Failure to provide adequately for cash resources and protection of company assets

Responsibility towards:

Direct reports: Managers, Financial Planning and Control, Procurement, Accounting

Matrix reports: MTN Group

Key customers: Board, Audit committee, Board subcommittee

Key suppliers: Providers of financial services, banks

Relations, etc:

Independent thought and Judgment:

  • Setting of delegation of authority
  • Proposal of counter signatory system and thresholds
  • Proposals on the funding to be approved
  • Disclosure of financial results and declaration of profit
  • Adoption of appropriate accounting practice for business environment and company context
  • Development of contingency plan for medium tern funding

QUALIFICATION AND EXPERIENCE:

Educations:

  • B.Sc. or HND Accounting or related area of study
  • Chartered Accountant with articles
  • MBA or Masters advantageous

Experience:

  • Senior Management tract of 5 years or more with a least 3 years’ experience in relevant sector/industry as per relevant role
  • Experience in working in a global/multinational enterprise (understanding emerging markets is advantageous organization
  • Worked across diverse cultures and geographies

Training:

  • Product and Services Knowledge
  • Financial and Accounting knowledge
  • Telecom Knowledge
  • International Accounting Standard
  • Reserve bank and local banking industry
  • Income Tax Act
  • Industry Knowledge
  • Regulatory knowledge
  • Product and Services Knowledge

CORE COMPETENCIES

Important competencies required for the position:

Must be a Role Model of ethical practices by living the MTN Values of : Leadership ; Innovation ; Relationship ; Integrity ; Can Do & adopt the MTN Vital Behaviours of : Complete Candour ; Complete Accountability ; Active Collaboration; Get-It-Done; for others to follow

Skills/physical Competencies:

  • Strategy formulator– formulates individuals strategies aligned to overarching strategies for executive
  • Decisive Problem Solver-Has the mental agility to understand complex business challenges and provide effective solutions
  • Innovative Value Creator- Creates an environment for commercial and enterprise innovation (MTN Value)
  • Culture and Change Champion- Drives business practices by holding others for demonstrating the (MTN values and Vital behaviours)
  • Inspiring People Leader- Is self-aware and leads/coaches other to develop capabilities for realizing individual potential (MTN Value)
  • Relationship Builder- Collaborates across teams and builds networks and relationships with internal external stakeholders (MTN Value)
  • Result Achiever- Produces sustainable enterprise result (MTN Values)
  • Operationally Astute-Plans, organizes and sets controls in place for delivery of strategies

Behavioral Qualities:

  • Assertiveness
  • Integrity

How to apply:

Send your application to: hrvacancy.lr@mtn.com or apply through the system below.

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