Senior Manager: Financial Reporting at MTN

Core purpose of the Job:

• Provide financial reporting, specialising in system support, leadership to the MTN Group to ensure:
• Standardization of reporting processes and procedures across the Group
• Timely and accurate preparation of consolidated monthly, quarterly and annual financial results
• Implementation and maintenance of appropriate financial reporting systems

Context:

• A highly skilled and multicultural organisation
• A dynamic and evolving field of Telecommunications
• More detailed reporting on Corporate Governance in line with King II and IFRS
• Dynamic legal and regulatory environment, including GAAP, IAS, Tax rules, Companies’ Act and other legislation which impacts the business
• Evolving industry sector constantly presenting new challenges and opportunities to the core businesses
• Rapid expansion of the Group, both in terms of size and geographic distribution

Key Performance Areas: Core, essential responsibilities / outputs of the position (KPA's)

Task Complexity:

• Manage the overall preparation and consolidation of monthly, quarterly and annual financial results
• Review and guide the Group company financial operations.
• Review and verify the Group company accounting activities in compliance with IFRS and local statutory requirements.
• Prepare monthly financial reports and budgets for the Group Exco to support the financial decision making process.
• Designs and implements Group wide controls for financial reporting and budgets.
• Analyse the Financial accounting implications and advise accordingly. This may also include certain tax matters.
• Input to financial accounting submissions of Group holdings and subsidiary companies.
• Supervise the preparation of half year and annual reports in compliance with IFRS, JSE and King III requirements
• Liaise with Group external auditors to finalise both half year and full year reporting and present outcomes to the Group Audit Committee.
• Supervisory / Leadership / Managerial Complexity:
• Directing and advising operating units re Group financial reporting policies and processes
• Supporting, influencing and directing team members,
• Leading and motivating employees to ensure business needs are delivered.
• Creating and managing the objectives for the direct reports

Role Complexity:

• Divisional management, and submission of accurate, timeous and relevant financial information from all operational unit financial functions.
• Manage IT component, as financial reporting systems will be critical in the ability for this individual to meet their objectives

Vulnerabilities:

• Manipulation of figures/ lack of integrity of underlying data reported to Group Finance
• Late submission of required inputs by any of the Group’s operations
• Critical skills provision to all operations re business planning and reporting
• Unscheduled international travel
• Unscheduled reporting requirements e.g. analysts, management
• Fluctuating reporting formats
• Budget constraints

Minimum Requirements: Minimum necessary, and not the ideal / preferred should be included.

Education:

• Chartered Accountant (SA)

Experience:

• 5 years’ experience in leading Group Consolidations function of a large multinational company
• 5 years post article experience preferably in a telecom’s environment
• Experience in accounting for complex consolidations in a multinational environment.
• Experience in managing a highly qualified team of technical accountants

Knowledge:

• Minimum necessary
• Knowledge of Telecommunications
• Financial analysis
• High-level accounting knowledge (GAAP, IAS,etc)
• Financial markets knowledge, including JSE reporting requirements

Skills / physical competencies:

• Minimum necessary
• Strong business acumen
• Thorough Application and understanding of financial Processes
• Intellectual Versatility
• Thorough knowledge and Application of Hyperion in a multinational company
• Excellent interpersonal skills, people management and cross-cultural skills
• Ability to adapt to changing requirements of clients

Behavioural qualities:

• Minimum necessary
• Dedication to get the job done
• Improvise in unknown situations
• High level of integrity
• High tolerance to diverse cultures and changing situations
• Output and achieving successes orientated
• Ability to perform well under pressure in order to meet frequent and challenging deadlines