Job Description
- MTN is entering a new phase in its lifecycle where operational and commercial excellence has become critical for success.
- With Ambition 2025, the urgency for change has become more heightened amidst increased competitive intensity across all markets in which MTN operates.
The role must therefore ensure the successful delivery in context of:
- An expertise-based multicultural organisation
- A dynamic and evolving field of Telecommunications and transformation into a Tech Co
- Management of executive and local shareholder expectations across MTN Opco
- Achievement of top quartile operating efficiency and effectiveness through scale and common policies and processes
- Dynamic Tax, legal and regulatory environment within South Africa and across the Opcos
- Convergence in markets and exploration of non-traditional revenue streams requiring complex interpretation and tax structuring
- Evolving industry sector constantly presenting new challenges and opportunities to the core businesses
- Rapid horizontal and vertical expansion of MTN, in terms of size, products, customers and geographic distribution
- At MTN, we are a purpose and value-led organisation and believe that understanding the needs and aspirations of our people is key to creating experiences that delight you at work, daily. We are committed to fostering an environment where every member of our Y’ello Family is heard, understood, and empowered to live an inspired life.
- Our values keep us grounded and moving in the right direction. Most importantly, they keep us honest. It is not something we claim to be. It is in our DNA.
- Our commitments go beyond an organisational promise. It is in our leadership and managerial ethos to meaningfully partner with our employees, customers, and stakeholders with a vision to realise our shared goals.
Our LIVE Y’ello values , are the cornerstone of our culture.
- Lead with Care
- Can-do with Integrity
- Collaborate with Agility
- Serve with Respect
- Act with Inclusion
Responsibilities
As part of the Group Technical Accounting team, Accountant - Tier 3 Technical Accounting is responsible for delivering:
Strategy Development and Implementation
- Assist in the execution of strategies for ensuring compliance with Accounting Standards and incorporating accounting developments for OHADA/ IFRS that may impact the Opco (Tier 3)
- Help in executing recommendations shared by Group Technical accounting team for the respective Opco (Tier 3)
Operational Delivery
Monitoring Accounting Standards:
- Aid in the adoption and implementation of emerging accounting developments for OHADA / IFRS that may impact the Opco
- Offer hands-on support and training for staff regarding new accounting changes, ensuring they are well-prepared to handle updates
- Assist in conducting post implementation evaluations of new accounting standards
Collaboration and Support:
- Collaborate with respective MTN Tier 3 Opco Finance team and respective business units to address OHADA / IFRS technical accounting queries, projects, and reviews
- Ensure consistency in accounting treatment across the Opco by collaborating closely with the relevant group and opco internal stakeholders
Accounting Pronouncements:
- Help implement, maintain, and communicate all current and upcoming accounting pronouncements relevant to the Opco's financial statements
Revenue Recognition and Other Accounting Standards Compliance:
- Collaborate with cross-functional teams to ensure adherence to the relevant standards
- Assist in reviewing contracts and assessing their impact on revenue recognition
Mergers and Acquisitions (M&A):
- Assist in evaluating accounting implications related to business combinations, purchase price allocations, and goodwill impairment assessments
- Help in integrating financial reporting systems and processes post-acquisition
Technical Accounting Research:
- Conduct research on accounting issues, including non-standard arrangements, and emerging topics
- Support in preparing technical memos documenting conclusions and recommendations
Financial statements:
- Support in developing FS templates to update for the disclosure impact of new accounting standards
- Assist in developing annual and interim FSs to ensure disclosure and presentation complies with IFRS
Policy Development and Implementation:
- Assist in developing and operationalizing accounting policies and procedures
- Aid in completing post-implementation reviews following the implementation of new accounting standards
Training and Education:
- Participate actively in training sessions for finance and accounting teams on technical accounting matters
Governance
- Participate and provide inputs in ad hoc meetings
- Execute day-to-day operations
- Escalate queries according to the defined query escalation process
- Escalate issues that will result in severe time, scope, productivity, and cost or resource or reputational impact
Performance & Reporting
- Ensure execution in alignment with functional strategy
- Consistent execution of work against goals and targets set out between you and leadership, alignment to the business objectives while cognisant of the execution constraints
- Identify and report on projects risks, and impact and develop contingency plans to monitor and manage risks
- Report on an ad hoc basis on specific projects, as required
Qualifications
Education:
- Education: bachelor’s degree in accounting, Finance, Business, or related fields
- Honors /Postgraduate or master’s degrees in accounting, Finance, Business, or related fields (Advantageous)
- Relevant certifications such as CA(SA) (Chartered Accountant South Africa) (Advantageous)
Experience:
- At least 1-2 years of experience in technical accounting
- Experience in financial reporting is desirable
- Familiarity with financial accounting concepts for both public and private companies
- Knowledge of OHADA/ IFRS accounting standards and their application to telecommunications companies
- Hands on experience of working in a technical accounting team, demonstrating expertise in regulatory compliance and financial reporting
- Prior experience Financial Services preferred, with experience within the telecom industry
- Worked across diverse cultures and geographies
- Pan Africa multi-cultural experience is advantageous
- Proficiency in Microsoft excel for financial analysis, modelling and reporting
- Proficient in English
Competencies:
- Technical Accounting Knowledge
- Analytical Skills
- Attention to Detail
- Communication
- Problem- solving
- Adaptability
- Collaboration
Ethics and Integrity
- Skills
- Business Acumen
- Analytics and Interpretation
- Strategic Thinking
- Organizational Agility
- Digital mind-set
- Dealing with ambiguity and complexity
- Conflict Management
- Financial and Numerical acumen
- Project Management
- People Management
- Executive Presentation
Behavioural Qualities
- Adaptable
- Complete candor
- Culturally aware
- Innovation
- Leadership
- Team Player
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