MTN Bénin SA recrute
Title of position: Manager Financial Services
Location of the job: Finance
Context:
We are a leading telecommunications company that is in the process of transforming into a technology
company, and build the largest and most valuable platforms, drive industry leading connectivity, create
shared value and accelerate our portfolio transformation. Our goal is to create a culture that values
innovation, agility, and learning, where everyone feels included and where data is leveraged to create
value for our customers, in order to support delivery of our ambition.
Mission/ Core purpose of the Job:
• Lead and have oversight of the sub-functions within Financial Services, namely General Ledger
and Reporting, Treasury and Cash Management, Fixed Assets, Accounts Payable, Accounts Re-
ceivable and Petty Cash Administration.
• Communicate financial plans, budgets, and report on financial performance to required stake-
holders.
• Partner with MTN Group to ensure effective and efficient operations via Oracle and non-pro-
cess workflows as applicable.
Strategy development & Implementation :
- Assist in the definition of the sub-divisional strategy in line with overarching divisional goals with
emphasis on client experience (internal & external)
- Ensure effective implementation of the sub-divisional strategy by means of providing direction,
structure, business plans and support.
• Staff Leadership & Management :
- Source, induct, and manage talent in accordance with legislatives guidelines
- Ensure open communication channels with staff and implement change management interven-
tions where necessary
- Provide definition of roles, responsibilities, individuals goals and performance objectives for the
team
- Set KPIs and provide regular performance feedback through a well- defined and implemented
performance review program
- Develop and implement a training plan to build and develop skills within the team
- Teal performance management in accordance with HR policy and legislation where necessary
- Actively participate in leadership team and develop skills of own team
- Promote a “MTN Centric” and partnership approach to develop strong relationships with other
working groups and ensure adherence to Group governance.
• Governance :
- Facilitating sharing of best practices and lessons across the company
- Supporting the staff in its duties by ensuring that it has adequate resources to perform its duties
and providing it with access to information required.
• Operational Delivery :
✓ Financial Services:
- Ensure establishment of robust financial accounting systems to provide timely, accurate and
consistent inputs for management reporting
- Ensure preparation and maintenance of financial and accounting policies & procedures for the
OpCo
- Supervise the maintenance of the books of accounts as per the standard accounting practices
- Oversee OpCo site support functions. Ensure operational work related to fund mobilisation, ac-
counting, cash handling & disbursements, bookkeeping
- and timely payment to vendors are as per defined service levels
- Work closely with the site support team to reconcile the bills raised by the contractors, vendors,
suppliers and ensure timely payments as per the contractual conditions
- Ensure minimal lead times for rendering support to the internal customers and ensure minimal
process/operational breakdowns
- Responsible for intercompany relations and transactions relating to financial matters like fund
transfer, etc.
✓ Treasury & Cash Management:
- Direct and effective cash flow management in alignment with MTN guidelines, suggest corrective
actions in case of process deviations and escalate issues in a timely manner,
- Ensure management of cash and bank funds receipts and its approval
- Responsible for approving and sanctioning the bank related vouchers, reconciliation statements
etc, as applicable
- Responsible for providing support to the treasury activities of the organisation to ensure gain of
returns on the corporate level investments
✓ Taxation
- Oversee tax function and ensure adherence to all related compliance requirements per local laws
- Drive and guide the tax planning of direct and indirect taxation that will assist in commercial
decision-making
- Ensure compliance with respect to statutory requirements as applicable
- Period End activities (covering all period end activities across all accounts and business units)
- Manage month-end closure and ensure timely reporting by providing guidance to interdepart-
mental managers with necessary
- Streamline financial reports to ensure that they are aligned to the accounting system
- Prepare financial statements in line with the reporting requirements
- Comply with the DoA for access to the approved financial statements prior to publishing
- Responsible for monthly, quarterly, etc. commentaries, as well as commentaries to the ARC and
Board.
✓ Statutory and external audits:
- Manage the statutory and external audits,
- Analyse and investigate audit differences in line with audit instructions and SLAs defined
- Respond to audit queries based on necessary approvals obtained from OpCo CFO and defined
DoA
- Prepare a list of unadjusted and adjusted differences
- Recommend changes in the existing policies and procedures based on the materiality pf audit
findings
✓ Define Business Plan:
- Define templates, drivers, targets as per MTN policy on performance management
- Evaluate environmental variables and markets conditions to develop long term strategies to sup-
port current and future customer needs
- Manage the preparation of budgets, forecasts and long-term plans for the entity, in coordination
with the entity decision support and management teams
- Review the annual operational budget and projection of expenses
- Ensure direction and proper understanding of all cost centers, departments in developing budget
plans
- Develop guidelines for developing the budget for the entity
- Analyse and prepare budget estimate for the organization, obtain appropriate approval from the
Board as applicable
- Ensure finalisation of budgets for various departments and business units with support from the
respective heads.
✓ Manage and improve business performance:
- Ensure adherence to enterprise performance calendar and timely completion of all phases of the
appraisal cycle for the department
- Manage the reporting of results on a monthly basis with all the identified stakeholders, providing
appropriate commentary and explanation as required
- Present financial performance reports to Executive Committee and Senior Management
- Review results in line with the business plan along with corresponding Board commentary
- Conduct meetings with respective heads to track and monitor work and ensure smooth function-
ing
MTN HR Manager Financial Services Page 4 of 5
✓ Financial Planning, Budgeting and Reporting:
- Review and provide inputs for financial planning, budgeting process and control process
- Validate if financial planning and budgeting of the entity is in line with strategic plans, initiatives,
and policies of the entity and the Group
- Review financial reports for accuracy and validate adherence to MTN and regulatory require-
ment
- Communicate and ensure adherence to all standards, statutory policies, procedures, and guide-
lines pertaining to Finance and Tax, conduct meetings for review and timely action.
Minimum Requirements: Minimum necessary, and not the ideal / preferred should be included.
• Education
− Master’s degree in Finance, Accounting, or related field
− Fluent in French and English
− Proof of continuing education through courses, personal development, and seminars
− Any FinTech business related training/certification
• Experience
− Minimum of five (05) years in similar position in relevant industries
− Demonstrated commitment to getting the job done
− Worked across diverse cultures and geographies advantageous
• Skills
− An analytical mind
− Negotiation skills and the ability to develop strong working relationships
− Fintech business awareness
− Good communication skills – both written and verbal
− A keen eye for detail and desire to probe further into data
− Ability to stick to time constraints
− Opened mind, flexible and business objectives oriented
General working conditions:
(E.g. shift work, driver license, specific tools, special clothing, environmental requirements, etc.)
• Normal MTN Mobile Money Benin working conditions
• May be required to work extended hours
• Anywhere/Anytime work
CANDIDATURE
Send your CV to the email address: recrutement@mtn.bj before April 21, 2024
NB: Female applications are strongly encouraged!