General Manager - Financial Operations at MTN

Key areas of responsibilities of the role include:

• Ensure timely closure of the financials for month/quarter/year ends in Oracle Fusion and loading of financials in FCCS and HFM 
• Ensure the accuracy and completeness of the entries posted in the System by reviewing and approving journal entries, accounting schedules, reconciliation etc.
• Oversee the Intercompany closing in ARCS (posting and matching) and Cash flow loading are done on time and ensure timely resolution of any mismatches/disputes 
• Accountable and oversee the functions in Bayobab and FibreCo (Bayobab) related to Bill to Cash, Procure to Pay, Technical Accounting and Financial reporting and provide leadership support to the team ensuring compliance, accuracy, and completeness of the financials 
• Oversee the Bill to Cash process including customer onboarding check, monthly invoicing, dispute management, review of various reconciliations and performance reports, accounts receivable, collections and credit management
• Work closely with Opco leadership team in finalizing Opco settlements, review and approve payments as per DOA, engage with Partners and Suppliers senior management to deal with any escalations and dispute managements 
• Provide technical advice, commentary, board papers, points of view with the support of Bayobab SM Technical Accounting team 
• Ensure the provision of on time and accurate reports on financial reporting related metrics, KPIs and other agreed goals to Bayobab CFO
• Review all financial and non-financial reporting packs (Interim, Hard close, Yearend) to ensure accuracy, relevance, and compliance to regulatory requirements before being published
• Drive Internal and External audit process (Bayobab & FibreCos) and ensure all required information for the audit provided on time and closure of any issues/ observations identified 
• Oversee the planning and management of overall Bayobab group interim and annual audit ensuring that all audit issues are cleared, and group annual reports are compliant to IFRS
• Support Bayobab Business Finance team with provision of required information for Business Planning and Forecasting, provide commentary for variances reported in the monthly financials and support Budget consolidation during BP/Forecasting cycles
• Provide consistent, well governed, efficient, and financially conscientious FinOps services to the respective Business Units (Fixed and Mobility) and other FibreCos
• Improve operational efficiency and productivity by appropriately allocating resources to drive financial efficacy and prudence over costs, revenue, and capital, relative to the business
• Continue to monitor and ensure improved working capital position in the business with reduced DSO days and manage DPO days effectively without impacting the business
• Steer Procurement function for Bayobab Group with the support of Regional Manager Procurement including regular review of procurement policy, support business reviewing contracts 
• Ensure effective implementation of Bayobab procurement strategy by means of providing direction, structure, business plans and support
• Keep a close review of all travel related POs and procurement reports from TMC and staff reimbursements 
• Work with group GSSC to build and implement advanced analytics tools for automation and digital procurement
• Where required attend Audit Review Committee (ARC) to present financials, accounting policy changes and seek approvals for any major financial adjustments 
• Custodian of the Oracle Fusion Bayobab CoA and ensure any changes to Bayobab COA, Master Data Management (MDM) is reviewed and vetted. 
• Design and manage the internal financial control model, review accounting policies and controls based on a comprehensive risk assessment of operations, processes, policies, governance practice of financial processes
• Drive process automation and optimization including dashboard views for Senior Management
• Review existing and proposed accounting standards based on change in business dynamics, perform impact assessments, and help develop Bayobab views on these proposals as they relate to Bayobab 
• Ensure all FibreCos follow and consistent with the accounting policies adopted in Bayobab Financial statements
• Ensure all identified financial Operational risks are well documented and risk mitigation plan in place and timely review of the Finance risk register including timely renewal of insurance contracts
• Oversee and review IFRS adjustments (Specially 9, 15, 16 & Goodwill imparment) and submit for Bayobab CFO for approval
• Accountable for the preparation of half year and annual reports in compliance with IFRS
• Review all accounting related publications (e.g., financial statements – Bayobab Separate and Consolidated, investor reports), formal papers prepared for the board, auditors and / or other external parties on compliance with technical accounting matters
• Provide guidance in the development and implementation of financial billing systems integrated into Oracle Fusion, Finance Master Data governance processes to establish and monitor standards and change control
• Oversee the provision of support and resolution of issues arising from the implementation of technical accounting requirements (including information for analysts and investor relations)
• Contribute and provide inputs to Bayobab CFO; work in close collaboration with Business Finance, Bayobab Tax, Bayobab Treasury, Bayobab RAFM to deliver on strategic priorities and day-to-day financial operations
• Establish strong collaborative practices, ways of work and service level agreements with Bayobab Business Finance, Group Finance, FibreCo MD and Finance teams to drive cohesive strategic planning for financial operations and consolidations
• Support FinOps set up in New FibreCos and ensuring all financial process and systems and set up to function seamlessly
• Build and manage a high performing team by providing leadership, role clarity, training, performance, and career development. Source, induct and manage talent in accordance with legislative & Bayobab HR guidelines
• Drive FibreCo set ups in key Tier 1, 2 and 3 markets with close coordination with other cross functions (PMO, HR, Legal, Strategy & Technology) 
• Support Data Centre set up in various markets based on strategic direction 
• Represents in regular senior management meetings of the Company 
• Drive Cost Optimization programme across Bayobab 
• Ensure all Financial risks has been documented, consulted various stakeholders, and taking best effort to minimize the exposure 
• Assists Bayobab CFO in all Financial Operational matters in Bayobab and its subsidiaries 
• Build and manage a high performing team by providing leadership, role clarity, training, and career development 
• Establish and monitor performance benchmarks for financial team in order to ensure ongoing effectiveness of the division
• Attract, retain, and develop a high-performance team 
• Continually develop a culture of strong collaboration and effective team working
• Provide definition of roles, responsibilities, individual goals, and performance objectives for the team. Source, induct and manage talent in accordance with legislative guidelines
• Manage and provide solutions to escalations that have multiple processes / functions impact on critical path of service delivery

Job Requirements 

(Education, Experience and Competencies)

Education:

• Minimum of 4-year tertiary degree in Finance/ Commerce/ Accounting (mandatory)
• Qualified Chartered Accountant/Chartered Finance Analyst/Relevant Financial Management Professional Qualification (preferred)
• Postgraduate qualification/MBA (Advantageous) 
• Relevant certification / accreditation / membership with professional body in Finance, Internal Controls/Technology & Digitization bodies

Experience:

• Minimum of 10 years’ post qualification experience at least 3-5 years in senior leadership role 
• Proven track record in exceptional financial performance 
• Solid experience in setting up entities and processes across African markets 
• Experience in managing a large team made up of mainly highly qualified individuals
• Track records in driving and delivering successful business transformation projects
• High commitment to results and prior experience in driving performance 
• Worked across diverse cultures and geographies
• Abreast of global mind-set and best practice with regards to operations