Analyst, Financial Operations Needed at MTN Nigeria

Job Title: Analyst, Financial Operations (Supervisory)

Location: Lagos
Employment status: permanent
Department: Financial Operations

Job Description

• To record all company-wide Financial Operations functions – Fixed Assets, Revenue, Expenditure and General Ledger and support various divisions on financial issues.
• To maintain commercial relationship with suppliers, government agencies, internal and external customers, inter-connect partners, international roaming partners and value added service providers in line with MTN group policies, accounting standards, regulatory and tax requirement pronouncements
• Provide operational support for the division including maintaining the budget, Profit and Loss accounts, special programs and contract analysis.
• Analyse the general Ledger transactions (Capex, Opex and Revenue) and all transactions posted into IFS to ensure proper classification and correction, as well as ageing of all Balance Sheet accounts.
• Prepare trend analysis of Capex, Opex and revenue transactions, all General Ledger/Sub- ledger Accounts reconciliation, as well as weekly and monthly performance reports.
• Conduct in-depth analysis to identify specific trends, explain past performance and recommend opportunities for improvement, within the division
• Provide supporting documents, records and schedules to meet audit and regulatory requirements; and all schedules /reports (including age analysis, assets movement, etc).
• Implement finance policies as well as guarantee compliance with established internal controls, MTN Processes, Policies and Procedure, IFRS, IAS and GAAP in processing all transactions.
• Process and post all account payables and receivables; and all month end deliverables within the monthly reporting timelines.
• Raise and post journal vouchers and other financial transactions in the ERP system, resolve all reconciling items promptly and maintain set departmental filing system.
• Relate with relevant customers and suppliers.
• Relate with other divisions and departments on revenue, expenditure and fixed assets related issues.
• Interaction with marketing division on billing and information systems functions
• Continuously seek self-professional development to sharpen skills and capabilities in a versatile and evolving digital landscape.
• Foster active collaboration and relationships with employees across all levels and divisions in line with MTN’s VB and values.
• Support MTNN assets financial control strategy and ensure CAPEX reduction through efficient monitoring of asset utilization and depreciation plan.
• Ensure compliance to asset tracking processes and procedures in line with the company’s objectives.
• Process cash transactions and analyse divisional cash floats for adequacy; and rectify error.
• Manage appropriately, the databases of Withholding Tax deductions on vendors’ payments, withholding tax (WHT) deductions for remittance and analyse vendor/staff sub-ledgers.
• Ensure efficient reimbursement of the fuel deposit as well as first-line review of departmental accrual submissions.
• Analyse and post/invoice PO’s received; and ensure accurate receipt of Purchase Orders on IFS by user departments.
• Consolidate all MTNN transactions and reconciliations including foreign currency accounting in line with GAAP requirements and other accounting standards.
• Analyse additions for upload into Asset register and depreciation groups as well as ensure prompt update of databases.
• Manage Fixed Assets and record disposals/movements in fixed asset register.
• Interface with management in various departments and post Inter-company transactions, analyse quarterly balance sheet and P & L fluctuation; and assist in inter-company relationship management.
• Provide tax unit with detail analysis of disposed assets for capital gains tax purposes and deferred tax reversal.
• Ensure accuracy of financial statements ,balance sheet accounts reconciliations Month-end/quarter-end /year-end closing , monthly expense variance analysis as well as property, sales and franchise tax returns in accordance with GAAP and compliance to internal policies.

Job Condition:

• Normal MTNN working conditions
• May be required to work extended hours

Requirements, Experience & Training
Education:

• Fluent in English
• First Degree in any discipline, but a finance related degree is desirable.
• Part qualification in any recognised professional accounting examinations (ACA, ACCA, CPA, CIMA, etc) will be an added advantage.

Experience:

• 3 – 7 years of experience in an area of specialisation; with experience working with others
• Experience working in a medium organization
• Experience in using an ERP system is desirable.

Minimum qualification

• BA, BEd, BSc or HND.

Application Closing Date
4th December, 2018.

Click here to apply online