Chief Financial Officer.4

2 weeks ago

Johannesburg, Gauteng, South Africa MTN Nigeria Full time

Mission/ Core purpose of the Job

  • To acts as a chief financial advisor and strategic finance advisor, providing financial support to the ICT CoE & senior management while overseeing the financial operations of the company and making decisions to improve the overall financial health of the company
  • To ensures the financial growth, profitability and viability of the organisation through building confidence in the investor community, driving organic & inorganic growth, appropriate administration of the business, effective working capital management, and proactively managing the financial performance of the company
  • To lead set up of financial systems and structures and assumes full responsibility and authority for operations of the function. To lead, coordinate and manage the financial resources, ensuring that operational efficiencies and cost optimization strategies are developed in line with OpCo objectives
  • To produce accurate financial statements to report to key stakeholders (consolidated financial and nonfinancial reporting for the company)
  • To assist with the success of ICT CoE growth as a startup

Job Outcomes/Results

  • Improved strategic alignment
  • Support for the financial targets set
  • Increased and consistent value creation
  • Manage financial controls and accounting procedures
  • Provide transparency over the financial performance of the ICT CoE
  • Driving the company's financial planning
  • Performing risk management
  • Ensure cash flow is appropriate for ICT CoE operations
  • Ensure compliance with legal and regulatory requirements.

Key Activities & Responsibilities

Strategy Development and Implementation

  • Cascade the Group strategy to create functional strategy aligned with the overarching business goals, under oversight of the ICT CoE Executive
  • Monitor and align the direction, strategy and results of the Finance vertical, collectively and as individual work areas in the OpCo, ensuring that the Group guidelines are duly complied with
  • Ensure effective implementation of the functional strategy by means of providing direction, structure, frameworks, models, plans and roadmaps
  • Oversee regular review of the functional strategy and roadmap, under oversight of the MD/CEO, to ensure its alignment with the changing dynamics of the internal and external ecosystem

Operational Delivery Leadership

  • Cascade the ICT CoE budget, analytics and reporting framework in the Function
  • Act as chief advisor and strategist providing needed support to the ICT CoE with respect to the identification of financial risk and longterm financial effect of business decisions (through Financial Scenario Analysis)
  • Representation and management of related committees
  • Risk & Audit Committee, Capex committee
  • Monitor & Oversee maintenance of integrity of the financial data, financial processes, procedures and financial controls in line with established accounting processes, regulations governing the business and internal control policies
  • Implement forecasting, budgeting and financial planning process for the ICT CoE and ensure all budgets adequately reflect periodic resource requirements and revenue estimates for the business, communicate the same to the Group
  • Responsible for the review, approval and / or update of business plans, budgets and forecasts of the function
  • Advise and provide support for the resolution of issues in forums such as Board meetings, Operational Review, etc
  • Support the ICT CoE Executive with funding requirements where required by liaising with external Financial Services organizations as may be required
  • Manage cash flow of the company ensuring generation of sufficient funds for daytoday operations and CAPEX spend; monitor actual spending and ensure financial compliance with all business transactions
  • Ensure that accounting KPIs are reported to ICT CoE Executive regularly and any deviations from the budget are reported
  • Review and Approve all finance & accounting transactions and ensure processes/procedures are effective and comply with regulatory and statutory requirements and Group Finance policies and directives
  • Ensure adequate training is provided on tax reporting cloud systems
  • Ensure effective implementation of tax risk management strategies and review all computations and submissions in alignment with the risk framework
  • Manage all transfer pricing controversies and disputes, resolving/escalating issues, as required. Additionally, oversee preparation of transfer pricing documents for all intragroup transactions and receive signoff from group team
  • Review monthly financial reports and budgets for the Group Exco to support the financial decisionmaking process
  • Oversee the implementation of system automation and digitization programs, margin improvement programs, cost control tools (including budgetary controls) to drive cost efficiency improvements across the organization
  • Oversee procurement activities and resolve issues, if any.
  • Oversee th

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