Manager Finance Business Partner at MTN

Core purpose of the Job: 

To provide support to the Senior Manager: Commercial Finance Business Partner in conducting financial analysis, monitoring performance and results, generating in-depth analysis, insights and challenges for the Commercial Business Unit.

Key Job Responsibilities:

Decision Making and Business Case Management

• Assist in conducting financial modelling to support and govern all key commercial / financial activities across products/channels
• Maintain consistency for all business case / financial modelling (including modelling of price plans and products and services)
•  Provide input into the post implementation review analysis for every project / market propositions flighted to enable business pick up learning points
• Collaborate with the SM: Commercial Finance Business Partner in tracking the performance of promotions, products and services
• Provide advisory support on various proposals for investments, CAPEX and OPEX items aligned with Group practices
•  Monitor compliance of sub-division activities, models and business cases to the Group and Opco governance protocols and policies
•  Liaise with functional unit’s heads to agree on SLAs and manage the allocated Business Finance resources

Business Finance

• Work with the SM: Commercial Finance Business Partner in providing insight and recommendations into improving revenue performance across segments
• Understand and utilise the recommendations made into improving revenue performance across segments
• Provide financial data to business cases developed within units, monitor and report on progress of budget, plans and forecasts
• Participate in identifying commercial, business and risk issues identified and recommend solutions
• Ensure adherence to CAPEX governance processes

Acquisition and Retention

• Maintain the process for connection incentives (Acquisition costs) to enable the business to control the allocation/reallocation of acquisition costs
• Monitor the process of producing insightful analysis for Retention costs to enable optimal costs allocation for customer retention
• Report, manage and coordinate the Cost to Connect for the relevant (Prepaid / Postpaid / Digital) products / channels and ensure execution of ensuing decisions
• Support the forecasting and planning CBU A&R revenue and costs involved

Finance Performance Analysis and Management

• Use scenario analysis and modelling to arrive at realistic and planned targets for achievement
• Provide data to be used in the development of the Profit and Loss (P&L) for each Channel to enable assessment of standalone performance of each Sales Channel
• Work with the product team to manage product costs profile through life cycle and pipeline
• Monitor the commissions payment across all products/channels to ensure consistency and reflection of each channel peculiarities
• Conduct forecasting, planning and reporting for all products/channel on an ongoing basis and providing reporting insights
• Monitor the position of working capital elements for the channel

Governance

Tactical meetings

• Participate and provide input into tactical meetings
• Report and engage at General Manager level
• Participate in any other cross-functional tactical meetings

Escalations

• Provide input and recommendations / escalate serious issues to ensure all actions are aligned to the business plan and strategic intent
• Escalate complex issues that will result in significant time, scope, employee/customer or cost impacts if not resolved
• Contribute towards generating solutions to issues that require formal resolution

Reporting

• Assume responsibility for daily, weekly and monthly revenue and non-financial performance reporting for products/channels
• Oversee overall financial commentaries based on business commentaries, and recommend value-adding solutions to problem areas identified
• Execute standard KPI reports for the product/channel
• Develop and submit reports for the Senior Manager(SM) addressing periodic activity, budget compliance, feedback and key departmental results to facilitate decision making

Risk Identification

•  Analyse commercial contracts and identify potential risks for the business
• Ensure that policies, procedures and guidelines are being followed by the business
• Contribute towards ways of reducing business risk
•  Assist BU to implement and deploy an operational risk strategy, which may include services such as: operational risk governance/framework development, risk and control self-assessments and key risk indicator processes
• Recommend methods to improve internal risk systems and models in the business unit

Minimum & Preferred Requirements

Education / Business Degree:

• Minimum of 4 year degree in Commerce/Finance or related
• CA / ACMA (CIMA) / Actuarial Science preferred
• MBA / Masters advantageous

Work Experience

• Minimum of 5 years’ experience in Finance and commercial functions
• Sound Telecommunications commercial knowledge and experience
• Planning, Reporting and Performance Management experience
• Experience working in a medium to large organisation

Any other specifications:

Advanced knowledge of Excel, power-point and financial systems

IFRS / GAAP knowledge essential