Consultant - Financial Reporting and Consolidations at MTN

Responsibilities

• The Consultant: Financial Reporting and Consolidations role is responsible to achieve the following objectives:

Strategy Implementation

• Deliver service aligned to the MTN framework, policies, procedures and templates established for Record to Report (R2R)
• Continuously provide input and improve the reporting framework and timelines established 
• Assist Senior Manager in the formulation of tactical approaches, planning activities for the Opcos and Group.
• Support Opcos in completing their period end activities in line with the frameworks established

Operational Delivery

• Perform the consolidation of financial results (financial information) for monthly, quarterly and annual results as well as forecast, high level budgets and business plans.
• Prepare internal financial reports for Group Exco, Group Board and Group Audit Committee including monthly, quarterly and annual results as well as forecast, high level budgets and business plans.
• Prepare external financial results reports for analyst community, press advertisements, JSE and statutory purposes in compliance with IFRS, JSE and King IV principles.
• Define intercompany transactions and account types to be used to account for intercompany transactions.
• Implement and maintain financial consolidation system and processes.
• Support the development / update of intercompany policies and procedures.
• Assist in the preparation, review and distribution of the audit plan and audit instructions. 
• Assist in managing the external audit process by way of obtaining information in a time bound manner to assist in timely completion of the audit.
• Investigate and provide input to audit differences.
• Keep abreast of latest developments in IFRS and integrate into MTN Group accounting policies and procedures.
• Ensure compliance with IFRS and assist in transitioning the Group operations to IFRS.
• Conduct quarterly reporting required in terms of loan and financial covenants, and any other legal/regulatory conditions (e.g. SARB, Stats SA, etc).
• Assist MTN Group operations on accounting issues and implementation of updated processes, standards and reporting parameters.
• Conduct accounting for merger and acquisition activity and other variable transactions. 

Collaboration

• Perform business requirement analysis for master data requirements / business intelligence reporting.
• Assist in transformational initiatives within Finance CoEs, as applicable and drive the required change.
• Collaborate with the Financial Planning and Analysis team for finalising various commentary.
• Collaborate with other Finance CoEs, as applicable for reporting requirements.

Continuous Improvement 

• Drive innovation and optimization initiatives within finance systems, implementing changes that enhance data accuracy, reliability, and overall system efficacy.
• Analyse potential issues and risks to enable early resolution and course corrections.
• Analyse the business requirement for master data requirements / business intelligence reporting.

Key Deliverables

• Consolidated financial results
• Internal and external reporting inputs
• Audit planning and preparation
• Intercompany transaction categorisation

Role Dependencies

• Understanding of business strategy 
• Financial Accounting objectives
• Finance operations and practices

Collaboration

Responsibility towards: 

Internal Stakeholders: 

• Executive: Financial Operations and Controls
• Financial Operations and Controls and RAFM Leadership
• Finance Business Partners
• OpCo Finance Teams
• Manco Functions

Qualifications

Education:

• Minimum 4-year degree in Finance
• CA (SA)

Experience:

• Minimum 3 – 5 years’ professional experience.
• Experience in consolidations and reporting and supporting systems. 
• Experience in the service management of business operations.
• Experience in leading change / transformation (financial accounting).
• Experience in continuous improvement through the implementation of best practices (financial accounting and record to reporting).
• Experience in financial accounting leading practices and trends.
• Proven success in delivery of high-quality analytics.
• Experience in working with various stakeholders.
• Experience in working under pressure and delivering under tight deadlines.

Capabilities:

• Conceptual Thinker, Problem Solver, Improvement Driver 
• Culture and Change Champion, Supportive People Manager, Relationship Manager
• Results Achieve, Operationally Astute

Functional Competencies:

• Accounting Standards, Policies and Procedures
• Financial Consolidation
• Specialised Finance
• IFRS, GAAP & King IV
• JSE Regulations

Skills: 

• Business/ Financial Acumen
• Accounting and Reporting
• Finance Operation / Process Mindset
• Project Management
• Organisational Awareness
• Problem Solving
• Data Presentation and Communication