Senior Manager - Capex Allocation and Profitability Analysis Group Finance at MTN

RESPONSIBILITIES

• As the Operational Lead in the Group Business Finance team, the role is accountable to manage and operationalize the Group Capital Management Strategy. Key performance areas of this role include, but not limited to the following: 
• Assist the Lead Group Capital Management in developing and effectively implementing the capital management strategy, associated framework, policies, governance and operational models to support execution of the strategy. This includes, but is not limited: 
• Standards, principles and agreed-upon methods for group-wide investment/capital identification, evaluation, measurement and analytics models to ensure consistency in executing capital allocation and utilization strategies across the Group.
• Standardized processes and integrated monitoring of capital projects (from the project design phase to its final delivery) for traceability, continuous monitoring of returns and minimization controls over budgetary fluctuations.
• Standard Global and Local Reporting, Dashboard and Metrics formats, templates, computational standards and guidelines for Capital and Investment projects/initiatives/programs (Portfolio Level and Individual Project Level).
• Defined business drivers and recommended capital mix based on strategic imperatives and financial goals.
• Standard Capital /Investment evaluation criteria, financial & performance estimation models applicable to difference investment categories. 
• Bespoke continuous monitoring metrics for critical/long term projects at Group and Opcos 
• Unified cross-platform financial performance management approach across capital projects/investment life cycles. 
• Support the Lead Group Capital Management in continuous improvement practices including coordinating and managing research, advanced financial data modelling practices, industry benchmarking of capital allocation and performance metrics.
• Responsible to collaborate with Group finance operations, finance business partnering and FP&A teams to establish clear capital cost and revenue allocation principles, agreements and conditions to ensure accurate and consistent financial reporting over capital. Ensure adoption of the principles across the Group, businesses and Opcos.
• Serve as a Subject Matter Expert and provide advisory support to Local Finance Teams and Local Capital Management Committees to improve local capital management, including but not limited:
• Capex/Investment Planning and Budgeting
• Capital Allocation guidance, target setting and utilization practices
• Recommended utilization, profitability and returns metrics for various capex categories
• Evaluation of new business opportunities using appropriate valuation methodologies
• Provide independent council and review of high value/niche/complex new strategic initiatives  proposed by the Opcos and assess return on investments
• Manage and maintain financial profiles of critical/high value projects (based on defined thresholds / strategic priority) in Manco and Opcos (as required) with respect to the quality of the estimates, the variability of cash flows, and the payback profile over time.
• Manage evaluation of Group Capital decisions with project financial modelling, share option valuations, return on investment assessments, cost of capital calculations and business valuations and group recharge models. Provide inputs to breakeven values of critical variables that must be achieved for the capital project/decisions to generate value.
• Manage assessment of key investment projects (Group and Critical Local Investments) based on defined criteria such as strategic profile (growth potential and fitment with the overall business strategy), financial profile (expected project return and short-term impact on EBIT), risk profile (payback time and assessment of market risks), and resource profile (fitment with existing capabilities).
• Review and evaluate out-of-budget capital projects (as per thresholds) and provide independent insights to the Capital Committee for final approval / recommendation.
• Review and provide inputs to local and Group FP&A teams with regards to Opco business plans to validate and conduct scenario analysis for capital decisions. Provide recommendation on adjustments (if required).
• Assist Group Finance and M&A team members in strategic capex/investment transaction, including leading Finance / Accounting in commercial due diligence, valuations and recommendations for impairments / goodwill.
• Promote and apply risk-management tools systematically across the capital management value chain. Use advanced modelling techniques to identify risks and propose mitigation/conditional measures which maybe inherent in high investment proposals.
• Represent and support the various Capital Management Governance teams (Group and Opco) as required, on behalf of the Lead, Group Capital Management.
•  Collaborate with respective Group Finance teams to ensure strong alignment between OpEx and CapEx interdependencies to increase accuracy of targets and budgets. 
• Maintain and promote collaborative practices, ways of work and service level agreements with the Forecasting, Planning & Analytics team, Business Partnering, Group Financial Operations & Controls, Group Tax/Treasury teams to ensure accuracy and completeness of Capital Management processes.
• Facilitate interactive data, information sharing, and collaboration throughout the capital management process and its integration across MTN Businesses and Opcos.
• Identify automation opportunities and implement standard automation tools for streamlining planning, submissions, and controls to monitor capital expenditure. Further extended these solutions in enabling effective capital management processes.
• Implement feedback loops to ensure learning and adaptation from previous projects is available in a centralized repository across the Group and help build better investment skills within the MTN Opcos. 
• Responsible for Group Reporting on Consolidated Capital Management. Ensure regular and accurate reporting based on standardised metrics, KPIs and other agreed goals.
• Manage a high performing team by providing supervisory oversight, role clarity, training, performance and career development. 
• Set key performance indicators (KPIs) and provide regular performance feedback through a well-defined and implemented performance review program. 
• Develop and implement a training plan in order to build and develop skills within the team. 
• Promote a ‘MTN centric’ and ‘partnership approach’ to develop strong relationships with other working groups and ensure adherence to Group governance.

QUALIFICATIONS

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/Accounting/Corporate Finance bodies.

Experience: 

• 5 years senior management experience or more; with at least 3 years in the ICT Industry-Finance domain (understanding emerging markets advantageous).
• Experience working in a global/multinational enterprise in a medium to large enterprise.
• Worked across diverse cultures and geographies.
• Experience in managing a large team made up of mainly highly qualified individuals. 
• Subject Matter Expertise and Leading Practice thought leader in Business Finance Management, Corporate Performance Management and Advanced Financial Modelling