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  • Posted: Feb 21, 2022
    Deadline: Not specified
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    MTN Group Limited entered the telecommunications scene at the dawn of South Africa’s democracy, in 1994. In 1998, we began our expansion by acquiring licences in Rwanda, Uganda and Swaziland. Since then, we continued to grow, with a view of bringing world-class telecommunications and digital services to markets across Africa and the Middle East. Throug...
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    Manager: CAPEX & FAR Management

    Key Performance Areas: Core, essential responsibilities / outputs of the position 

    Key Tasks:

    • Custodian of GC Fixed Asset Register / Oracle EAM
    • Implement policy & procedures for fixed assets management
    • Record fixed asset acquisitions and dispositions in IFS / Oracle EAM module and book all corresponding depreciation entries
    • Reconcile monthly the balance in the fixed asset schedule to the general ledger
    • Record journal entries and maintain all supporting documents for future refence and audit purpose
    • Maintain system for capital accruals and work with project managers to ensure completion estimates are accurate.
    • Track capital expenditures for fixed assets in comparison to the capital budget, PO raised, contract signed, and payments made
    • Ensure correct classification of asset as per IFRS and group Finance policies
    • Regularly preforms fixed asset reviews to identify miscoded activity; creates reclass entries with proper documentation to correct
    • Conduct periodic physical asset verification when needed in collaboration with Technical Operation team
    • Conduct periodic impairment reviews for various class of assets in GC and FibreCo
    • Regular review of depreciation policies of GC and fibreCo
    • Support GC Finance team related to various financial reporting submission to Group and external investors
    • Maintain and update schedules related to right of use lease assets
    • Ensure that the fixed asset purchased as per the CAPEX budget approved by the management
    • Support depreciation calculation part of Forecasting and budgeting process
    • Ensure timely capitalization of CWIP asset in to Fixed Asset /Right of use lease asset
    • Provide capex related reports to senior management every month including commitments, actual vs budget,
    • Keep up to date records related to Capex steerco approvals
    • Review and approve PRs, POs related to capex additions
    • Support data migration from existing system to new Oracle EAM module
    • Ensure all fixed assets are adequately insured and provide any fixed asset related details to Group Insurance and technical Operation team
    • Liaise with the internal/external auditors related to provision of fixed asset schedules and supporting documents
    • Support management in providing adhoc information as required

    Education:

    • Minimum 4-year bachelor’s degree in finance, Business
    • Qualified CA, ACCA, CPA
    • Fluent in English and language of country preferable

    Experience:

    • Minimum of 5+ years of experience in Fixed Assets Management and capital projects; with experience in supervising/managing others
    • Previous audit experience would be a plus
    • 3 years of telecom experience
    • Oracle ERP EAM experience
    • Must be a self-starter who is able to work independently and interface with all relevant internal teams and external business partners as needed
    • Sound knowledge on IAS 16, IFRS 16– tangible/ intangible assets and leases
    • Experience working in a medium to large organization

    Competencies:

    • Strong interpersonal skills, including written and oral communication skills
    • Critical Finance thinking
    • Strategic thinker
    • Accounting standards, policies and procedures
    • Genuine interest and shows initiative in own professional development i.e. keeping up with best practices, digitalization
    • Exceptional presentation skills including Executive level presentations
    • Advanced Excel skills
    • Ability to work multiple priorities in parallel
    • Ability to develop relationships and influence
    • People management
    • Organizational Agility
    • Dealing with ambiguity and complexity

    Head

    • Executes tactical plans to achieve strategic requirements
    • Has the mental agility to identify and solve relevant business challenges
    • Executes and identifies opportunities for commercial innovation and continuous improvement

    Heart

    • Role models ethical practices by living the MTN values and vital behaviours for others to follow
    • Is self-aware and supports team capability development through opportunity creation for realising potential
    • Builds professional networks across teams through collaboration and co-operation

    Hands

    • Produces sustainable business results through ethical practices
    • Sets priorities, plans, organizes and co-ordinates the work of others

    Method of Application

    Interested and qualified? Go to MTN on www.mtn.com to apply

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