Manager - Financial Planning Analysis and Reporting Finance at MTN

Responsibilities

Key Performance Areas: 

Financial Modeling: 

• Build and maintain complex financial models to support strategic decision-making, including: 
• Sales model and evaluating the impact of different economic and business scenarios on revenue performance.
• Pricing and profitability analysis: Analyze the impact of pricing changes and product mix on profitability.
• Understand the profitability and growth drivers for the business and ensure that the key insights are well understood

Budgeting 

• Prepare and oversee the company scenario planning and long-term strategy planning in the form of the annual budgeting process
• Collaborate with department heads to gather budget inputs and ensure accurate and timely completion of the budgeting process.

Forecasting: 

• Develop and maintain monthly, quarterly financial forecasts in line with MTN Group guidelines 
• Monitor key performance indicators (KPIs) and track progress against forecast targets.
• Regularly update and refine forecasts based on actual results and changing market conditions.

Financial Performance and Analysis: 

• Work very closely with the Finance Manager and provide insightful analysis on variances to be used at the monthly review by preparing, analysing and reporting on the monthly operational spend, budget income, expenses and cash flow
• Conduct in-depth financial analysis, including variance analysis, trend analysis, and key driver analysis.
• The regular updating of the financial model to prepare insightful reports and presentations summarizing key financial performance metrics.
• Identify and analyze trends, risks, and opportunities impacting the company's financial performance.
• Track the performance of products/channels by developing financial models
•  Develop business cases and other models/frameworks in order to provide support and contribute to business case analysis
• Conduct post implementation analysis for products/channels to identify patterns and learning points
• Provide input into the development of performance measures and KPIs at various levels of the business (operations, products/channels, markets, margins, profitability etc.)
• Oversee the reporting for all channel on an ongoing basis and providing reporting insights
•  Monitor performance deep dive root cause assessments and constructively challenge outcomes as a means to improve performance
• Review and submit reports for the Head of Finance addressing periodic activity, budget compliance, feedback and key departmental results to facilitate decision making
• Prepare month end reports on operational performance and detailed reports for submission to MTN Group by deadline submission date. 
• Contribute towards product pricing, tariffs and product/channel policy decisions
• Understand the pricing points and purchasing patterns in the different products/channels within the portfolio and across products/channels and conduct profitability analysis
• Report and analyse on actual product / channel performance

Cost allocation and cost management 

• Ensure all costs are allocated according to the approved budget
•  Provide early warnings to management as soon as material deviations are detected, identify for the attention of the business and relevant interventions

Board Reporting: 

• Collate and compile financial and operational information from different business units for board meetings.
• Prepare comprehensive financial reports and presentations for the Board of Directors, including actuals vs. budget, actuals vs. forecast, and key financial performance indicators.

Other Duties: 

• Assist with special projects and ad-hoc requests as needed.
• Stay abreast of changes in accounting standards and industry best practices.
• Ensure compliance with IFRS and monitoring of new accounting policy developments
• Provide guidance on complex IFRS transactions across the organization.
• Create and distribute board packs for stakeholders.

People

• Mentor team members to ensure skills transfer and contribute to a positive team culture
• Manage and lead Finance Operations team
• Ensure self and team stay abreast of technical skills and industry developments

Information Management

• Maintains computerized collection and tracking of relevant data. 
• Maintain the definitions of all financial and non-financial data
• Collaborating with IT on the definition of data sourcing and system integration patterns to support downstream data consumers
• Assist in incorporating other systems such as Hyperion, Oracle, EDW, review that the data is accurate and correct.

Customer Satisfaction

• Ensure customer needs and requirements are satisfied through appropriate systems / processes / procedures / reports.
• Put contingency plans in place to prevent delays 
• Adopt a proactive approach to prevent problems from arising in the future
• Initiate change to continually improve all aspects of service delivery
• Manage the successful distribution and communication to the relevant stakeholders.

Qualifications

Education:

• BCom Hons – Account/ Financial Management or the equivalent 
• CA (SA)

Experience 

• Minimum of 5-7 years of experience in a finance role with a strong experience in data modelling.
• Experience working in a medium to large organization 
• Experience with ERP systems (e.g., Sage Evolution) is highly desirable. 
• Advanced proficiency in Excel and data modelling 
• Strong analytical and problem-solving skills. 
• Excellent communication and interpersonal skills. 
• Business Performance analysis experience advantageous
• Detail-oriented with strong organizational and time-management skills. 
• IFRS, IAS, Sage Evolution and Hyperion
• Experience in managing regulatory requirements