Manager – Financial Reporting Finance at MTN

Job Description

The purpose of this role is to ensure the accurate and timely financial reporting of MTN SA and subsidiary results

RESPONSIBILITIES

Strategic Input

Contribute towards long-term forecasts and predictions (2-5 years), and input into the assessment of the feasibility of the 5 year financial plan
Ensure that the strategic objectives of each business and functional unit are consistent with and aligned to the overall strategic objective set by the Board. Compile an overall summation
Input into reviewing organisational activities and assist in recommending corrective actions if necessary. Monitor compliance against rules and macro parameters

Operational Planning

Ensure translation of all business rules into system updates requirements to ensure strong adherence to business rules
Ensure the integration of all financial systems
Consider the impact of solutions on other areas of the business, as well as the interdependency of units
Drive best practice, continuous improvement and innovation at process and procedure level within the unit
Implement / fine-tune methods, processes / systems to enhance effectiveness / meet organisational goals
Manage resources (people, finances and products), taking local conditions into consideration

Financial Reporting

Implement financial accounting and reporting policies for company wide financial reporting
Maintain MTN SA Financial Reporting Manual
Responsible for the consolidation of MTN SA results – support the hyperion loading team in ensuring that the consolidation is correct.
Responsible for the integrity of the reported numbers – vis. The reported segment information (eg. CBU, EBU, Wholesale, Financial KPI’s (such as ARPU’s etc.)
Define opex allocation methodologies for reporting of segmented financial reporting.
Maintain mapping of accounts from the chart of accounts providing input and advisory to other business units for recording of expenses.
Review commentaries to be issued out by Group investor relations in order to ensure accuracy and story line to the market.
Ensuring the results of the company are presented internally and externally in accordance with IFRS, Companies Act and any other statutory and regulatory requirement
Ensuring the appropriate accounting treatment for new and/or complex transactions.
Review and managed disclosure requirements for the annual financial statements.
Facilitate insightful commentaries in reporting packs to actuals and budget.
Define PPP’s for the appropriate complex financial provisions.
Review reasonability and accounting robustness of judgemental provisions and accruals to ensure alignment with the relevant IFRS requirements
Actively manage the design, implementation and ongoing integrity of the chart of accounts
Managing reporting queries from stakeholders, including Exco, other functional units, Manco, Investor Relations, Regulatory departments and others.
Facilitate insightful competitor analysis on results of significant competitors.
Ensure the integrity of reported numbers on Dashboards managed by Finance

Information Management

Assist in incorporating other systems such as Hyperion, Oracle, EDW, review that the data is accurate and correct.

Customer Satisfaction

Build, develop and maintain customer relationships and fine tune systems accordingly
Manage and ensure the resolution of escalated queries
Provide advice on the best approach to reach the best results, taking local conditions, best practice and competitor activity into account
Ensure customer needs and requirements (internal) are satisfied through appropriate systems / processes / procedures, and by sourcing the most optimal solution to finance-related problems identified
Consider the implications of actions (long and short-term) to be taken for the customer / the effect of actions on the customer
Drive continuous improvement as an important element of service delivery
Identify trends / patterns pertaining to customer queries (internal) and needs to continually improve all aspects of service delivery

Project Management

Develop and drive the execution of agreed projects
Drive the implementation, tracking, monitoring and compliance of Projects
Contract management in line with Procurement Policies
Co-ordinate project reporting
Ensure effective implementation of the integrated project management model
Risk management

Business Analysis

Perform Business Analysis MTN SA Business Analysis in line with the methodology and guidelines
Identify ways to fine tune policies, processes and systems in line with changing work practices
Determine, document, and review requirements for projects within the scope of the value stream or impacting processes and systems
Design, analyse and document workflow and make appropriate recommendations that will positively impact operational effectiveness
Identify Business Improvement and Optimisation opportunities that will result in improvement of process performance
Ensure that benchmarking is conducted with other companies and organizations within and outside the industry.
Construct business cases for initiations proposed by the business. Research and consider best practice, local conditions, trends, as well as competitor activity
Identify and implement innovative ways to use minimum resources to achieve maximum outputs

QUALIFICATIONS

Matric plus CA (SA)

Minimum of 5 years’ experience in finance/reporting
Experience working in a medium to large organization