Manager - Banking and Cash 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 of:

Job Title: Manager - Banking and Cash Management, Finance

Job Requisition ID: 2495
Location: Ikoyi, Lagos
Job Type: Full time
Reports To: General Manager - Treasury
Division: Finance

Mission

• To manage MTNN banking relationships, cash management and short-term investments and maximize financial returns on MTNN assets and mitigate financial risk.

Description

• Support the development and maintenance of systems projects to manage and improve cash flow and banking information
• Prepare board paper and memoranda as it relates to banking and other related projects.
• Develop and obtain approvals for implementing appropriate policies and procedures.
• Manage Cash or Liquidity:
  • Control cash exposure for bank accounts; inclusive of setting appropriate risk ratings and levels.
  • Direct payments via appropriate bank account channels.
  • Ensure cash availability in banks meet MTNN’s operational needs.
  • Monitor inter-bank transfers, cash sweeps and other transfers.
• Articulate a broad based knowledge of the basics of the different company functions, cause and effect across these functions in terms of financial and treasury decisions taken
• Take appropriate managerial action to ensure targets are met or exceeded when routinely monitored (sales, trend, and profitability analysis, profit margins, return on investment (ROI), market share and value).
• Manage MTNN short term local and offshore investment placements applying ‘SLY’ principle for MTNN and its subsidiaries.
• Ensure that MTNN optimizes its returns based on agreed Weighted Average returns on Maturity.
• Manage liquidity and concentration risk across MTNN banks.
• Mitigate MTNN exposure to financial institution.
• Advise and provide internal consulting service to General Manager Treasury and other parties within Finance.
• Review performance of individual team members and complete appraisals in accordance with the employee performance appraisal procedures and time schedules.

Requirements
Education:

• First Degree in Accounting, Economics, or any other Finance related discipline.
• A professional Finance or Accounting qualification (ICAN, ACCA, CPA, CIMA,).
• A post graduate degree is an added advantageous.
• Fluent in English.

Experience:
6 - 13 years’ experience which includes:

• Minimum of 3 years’ experience in an area of specialization; with experience in supervising/managing others.
• Experience working in a medium to large organization.
• Experience in a treasury function in a reputable organization in the financial services sector or multinational corporate treasury experience.
• Experience in international trade finance, foreign exchange activities and cash management.
• Extensive bank reconciliation experience.
• Cash, interest rate, foreign exchange and derivative market experience.

Application Closing Date
13th April, 2023 (10:59 PM).