Senior Manager – Treasury Management, Finance at MTN Nigeria

MTN Nigeria – The leader in telecommunications in Nigeria, and a part of a diverse community in Africa and the Middle East, our brand is instantly recognisable. It is through our compelling brand that we are able to attract the right talents who we carefully nurture by continuously improving our employment offerings even beyond reward and recognition.

We are recruiting to fill the position below:

Job Title: Senior Manager – Treasury Management, Finance

Job Identification: 1367
Location: Ikoyi, Lagos
Job Schedule: Full time
Job Category: MTN Level 3H
Reports To: General Manager Treasury
Division: Finance

Description

• Drive processes to ensure accounting of all treasury transactions on ERP and ensure completeness and accuracy of ledger entries on the ERP dashboard
• Drive consistent application of MTN credit policy, collections and bad debts write offs across all revenue channels and ensure alignment with Board Approvals
• Evaluate, develop and implement cash management systems to optimize efficiencies and constantly explore opportunities to maximize funds and working capital
• Ensure timely and accurate production and analysis of monthly liquidity measurements, liquidity transfer pricing charges and cash position and advise management on the liquidity aspects of its short- and long-range planning
• Maintain in-depth understanding of industry trends relative to treasury risk and loss avoidance
• Support the GM Treasury with articulating a clear and compelling vision and translate strategy into a roadmap for success for Treasury Operations, insurance and Credit management
• Responsible for managing the value chain that supports the settlements of third party obligations
• Coordinate the administration of MTNN’s insurance policies and advise management accordingly
• Ensure compliance to all exchange control processes, monetary processes and international trade policies
• Oversee the establishing of appropriate treasury operations and credit management policies and procedures and ensure continuous review and update of the unit’s PPPs as changing conditions warrant and the business grows
• Ensure timely preparation of board papers
• Develop short/Medium term strategy for the Treasury Operations, Credit and Insurance functions in MTNN
• Responsible for creating optimal structure for Forex management, structuring and execution
• Establishing an integrated process for effective Cash and Liquidity management, fixed income trading and portfolio management
• Facilitating shared value creation between MTNN and its Financial Services partners and ecosystem
• Ensuring that there is alignment between MTNN subsidiaries Treasury activities to MTNN corporate Treasury strategic objectives
• Establishing Financial risk management framework for managing interest rate risk and currency volatility
• Network and build solid relationships with internal units and relevant third parties (e.g. strategic investors, technical and finance partners, business consultants etc.) and develop a close working relationship with relevant information sources to provide an integrated service
• Management of exchange control process for all foreign obligation settlement to 3rd parties
• Represent Treasury in various  management committees
• Coach and train Treasury Operations, Credit management and Insurance team to ensure understanding of the objectives and goals of the department, awareness of set targets/requirements and regularly review their training needs
• Review the performance of individual team members and complete appraisals in accordance with the employee performance appraisal procedures and time schedules.

Education

• A First Degree in a Finance, Banking or Accounting related discipline
• A professional accounting qualification, CFA chartered holder, ACI dealing certificate
• An MBA is advantageous
• Fluent in English.

Experience:
9 – 17 years’ experience which includes:

• Manager track record of 3 years or more; with at least 3 years in relevant sector/industry
• Corporate Treasury Experience is mandatory
• Knowledge of front office treasury, money market and Fx structuring
• Extensive experience in liquidity management and accounts payable settlement
• Knowledge of investment portfolio strategy, banking, and financial instruments
• Understanding of risk management practices, financial market instruments and regulatory requirements in a Commercial bank/Multinational Telecoms company  and insurance Company
• General knowledge of GAAP and SEC reporting requirements for investments and other financial instruments
• Worked across diverse cultures and geographies advantageous.

Application Closing Date
3rd June, 2022 at 23:59.