Mission/ Core purpose of the Job: (Short description)

The Manager Forecasting, Planning & Budget leads and directs planning and assessment of OpCos’ business and financial performance. The role leads consolidation and reporting of OpCo’s financial performance to senior management on a periodic basis. When required, the role highlights deviations from expected performance and assists in deep diving to find root causes for the same. The role also supports internal and external audit activities, when required. The role leads the following work areas:

• Forecasting and budgeting
• Financial consolidation and reporting

Detailed Job Description: Operational Delivery

As the sub-functional leader of the Corporate Performance Management vertical, the role is accountable to:

• Align the results of the vertical, collectively and as individual work areas in the OpCo, ensuring that the Group guidelines are duly complied with
• Measure the impact and benefit of the sub-function to OpCo and report the true-value metrics. Drive continuous improvement across all verticalsDelivery Leadership:
• As the delivery leader of the Corporate Performance Management vertical, the role is accountable for the following work area outcomes:
• Strategy & Analytics, Budgeting, Data and Reporting
• Implement and execute policies, procedures and guidelines cascaded by the functional lead and ensure the team complies with the same
• Comply with the set governance mechanisms, under supervision from the functional lead and ensure team does the same
• Cascade the Group Fintech budget, analytics and reporting framework in the sub-function, under direction from the CFO
• Evaluate the efficiency and effectiveness of Corporate Performance Management and propose and offer suggestions for improvements
• Corporate Performance Management Operations
• Support overall financial success of OpCo through financial planning and analysis, budgeting, revenue modeling and scenario modelling
• Manage and drive the Forecasting and budgeting for the Opco
• Manage the business planning and reporting cycles
• Ensure adherence to Group DigiFin Finance frameworks, guidelines and reporting requirements
• Oversee and implement financial consolidation & period end activities in line with the frameworks established by Group DigiFin Finance
• Manage intercompany transactions and account types to be used to account for intercompany transactions
• Review and manage the consolidation of financial results (financial and non-financial information) for monthly, quarterly and annual results as well as forecast, high level budgets and business plans
• Lead and deliver strategic insights and analysis to advise business strategy and decision making; measure and evaluate business performance; supervise progress on key initiatives; benchmarking
• Supervise monthly and annual management reporting activities by providing actual to budget analyses and timely insights on operational highlights affecting future business decision making issues
• Review & Prepare internal financial reports for Exco, Board and Audit Committee including monthly, quarterly, and annual results as well as forecast, high level budgets and business plans
• Lead the development, tracking and analysis of sensitivities around the Opco’s 3 to 5 year financial forecast, under supervision from the group
• Support the tracking and communication of strategic investments, their impact on financial performance and execution status, locally within the OpCo
• Provide management key performance indicator consolidation including company-wide alignment on measurement standards.
• Dive into financial data and becoming a subject matter expert on the key drivers, regulatory structures applicable to the OpCo
• Support in internal and external audit programmes, providing relevant data from a business performance standpoint
• Where required, escalate unsolvable issues to CFO in a timeous manner

Other tasks and duties, as assigned

Managerial / Supervisory Responsibilities

• Accountable for the morale, performance, and development of the function’s human capital
• Cascade and socialize work structure processes to enable adoption by the team
• Coach and mentor direct reports
• Ensure assigned team is led, motivated, and rewarded to achieve KPA’s
• Ensure that coaching / mentoring programs and personal development plans are in place for all staff members
• Ensure effective management of diversity among personnel in the function
• Identify staff training and development needs and implement necessary actions, in collaboration with HR
• Motivate and manage individuals to perform at the highest level, especially in terms of delivery and meeting target deadlines
• Possess the authority, presence, and integrity to command respect from colleagues and from external contacts
• Provide career development for direct reports (counselling, coaching, identifying key performance areas, career planning, and goal setting), in collaboration with HR

Job Requirements:

Education:

• A Degree in Finance or Accounting, management or related field
• Chartered Accountant
• Relevant post graduate qualification is an advantageExperience
• A minimum of 4 to 6 years’ total experience in a similar position with at least 2 years in a managerial role
• Experience in finance or finance operations related roles in a telecom or financial services environment
• Experience in Financial Consolidation & Reporting, Financial Planning & Analysis
• Experience in Fintech, banking or Financial Services is preferred
• Experience working in a global/multinational enterprise with a good understanding emerging markets is preferred

Additional Details:

Skills/ competencies:

• Relationship/people management
• Analytical thinking
• Continuous improvement
• Data interpretation
• Delivery focused
• Presentation
• Relationship building

Knowledge

• Financial Planning & Analysis
• Financial Reporting
• Financial Consolidation
• Consolidation systems (Hyperion Financial Management preferred)
• Financial accounting
• Period end & Closing
• GAAP (Generally Accepted Accounting Principles)
• IFRS (International Financial Reporting Standards)
• Listing Requirements
• Corporate Governance

Email : MTNRecruits.CM@mtn.com

Deadline : 09 February 2022