Consultant - Sea Technical Accounting.group

As part of the Group Technical Accounting team, Consultant: Technical Accounting is responsible for delivering:
**Strategy Development and Implementation**
- Support in execution of strategies for ensuring compliance with Accounting Standards and incorporating accounting developments for OHADA/ IFRS that may impact the opco
- Formulate and operationalize internal accounting policies and procedures to ensure compliance with regulations and implement changes as necessary to maintain compliance
- Implement reporting frameworks that align with regulatory requirements and best practices
- Execute recommendations shared by Group Technical accounting team for the respective Opco
- Collaborate with Group Internal Audit for critical internal financial controls and risk mitigation requirements

**Operational Delivery**

**Monitoring Accounting Standards**:

- Implement new accounting developments for OHADA / IFRS that may impact the Opco (s)
- Offer hands-on support and training for staff regarding new accounting changes, ensuring they are well-prepared to handle updates
- Support in performing post implementation reviews of new accounting standards
- Stay updated on new accounting developments for OHADA/IFRS that impact the Opco, providing necessary training and support for implementation

**Collaboration and Support**:

- Collaborate with MTN Opco Finance team and business units to address OHADA / IFRS technical accounting queries, projects, and reviews
- Ensure consistency in accounting treatment across the Opco by collaborating closely with the internal stakeholders
- Work closely with the treasury team to ensure that the accounting implications of changes in hedging instruments/strategies are considered and understood

**Special Projects and Initiatives**:

- Assist with special accounting projects as needed, contributing technical accounting expertise, and ensuring project outcomes align with accounting standards

**Accounting Pronouncements**:

- Implement, maintain, and communicate all current and upcoming accounting pronouncements relevant to the Opco's financial statements

**Position Papers**:

- Support technical accounting senior manager to develop position papers to present draft conclusions to the Group and Opco CFO and management

**Revenue Recognition and Other Accounting Standards Compliance**:

- Collaborate with cross-functional teams to ensure adherence to the relevant standards
- Assist in reviewing contracts and assessing their impact on revenue recognition
- Provide guidance on complex technical accounting scenarios, including multiple-element arrangements and contract modifications

**Mergers and Acquisitions (M&A)**:

- Assist in evaluating accounting implications related to business combinations, purchase price allocations, and goodwill impairment assessments.
- Assist in integrating financial reporting systems and processes post-acquisition

**Technical Accounting Research**:

- Conduct in-depth research on accounting issues, including complex transactions, non-standard arrangements, and emerging topics.
- Support in preparing technical memos documenting conclusions and recommendations.

**Financial statements**:

- Develop FS templates to update for the disclosure impact of new accounting standards
- Support in developing annual and interim FSs to ensure disclosure and presentation complies with IFRS
- Collaborate with internal stakeholders in restating financial statements
- Identify and rectify any accounting errors or misstatements

**Policy Development and Implementation**:

- Assist in developing and operationalizing accounting policies and procedures
- Aid in completing post-implementation reviews following the implementation of new accounting standards

**Training and Education**:

- Facilitate training sessions for finance and accounting teams on technical accounting matters

**Collaboration with External Auditors**:

- Work closely with external auditors during interim reviews and annual audits
- Support Senior Manager for Technical accounting in addressing audit inquiries related to technical accounting matter

**Governance**:

- Provide input in strategic meetings when required
- Provide inputs into the risk mitigation and controls
- Provide input into the preparation of proposal on change initiatives, policies, and procedures
- Escalate issues that will result in severe time, scope, productivity, and cost or resource impact
- Provide solutions to escalations that have impact on multiple processes / functions
- Provide input into establishing objectives, targets for the function as applicable
- Identify and document key risks, issues and dependencies and set mitigation actions
- Prepare documentation required for sign-off / making decisions regarding tactical changes

**Performance & Reporting**:

- Ensure execution in alignment with functional strategy
- Continuous performance monitoring and adjust strategy and actions to deliver targets
- Identify and report on projects risks