Advisor - Banking Services 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: Advisor - Banking Services

Job Identification: 4447
Location: Ikoyi, Lagos
Schedule: Full-time

Mission

• To monitor the banking services provided to MTNN and ensure compliance across board with the Service Level Agreements (SLAs) between MTNN and banks.

Description

• Collate and analyze data on cash movements, bank charges, interest rates, exchange rate movements, and placements.
• Set up and manage MTN bank accounts, monitoring bank tariffs and price books for bank charges.
• Verify all general ledger balances relating to bank accounts, identifying banking service gaps across the business units that interface with banks.
• Monitor sweeps from various sub accounts to main accounts for compliance, ensuring credit interest is accurately entered and applied every month as agreed by the various banks.
• Review banking Service Level Agreements (SLAs) in line with changes in the banking environment, ensuring compliance issues and complaints relating to banking services are followed up and resolved.
• Implement Treasury policies, processes, and procedures, maintaining Treasury records and audit trails in strict compliance with MTNN policies and procedures.
• Coordinate the monthly reconciliation meeting, providing banking reports for the year-end audit as they relate to Treasury.
• Conduct research and compile data, benchmarking Treasury and banking services.
• Obtain feedback and recommendations from banks on service issues and standards, while monitoring and reporting on the quality of banking services.
• Manage information flow, ensuring clear correspondence and up-to-date communication with banks at all times.
• Interface with bankers and financial institutions on behalf of the Treasury department.

Requirements
Education:

• First Degree in Accounting, Economics, or any Finance related discipline.
• Fluent in English
• A full qualification or membership in a professional accounting association (ACA, ACCA, ACMA, ACT, CFA) will be an added advantage.

Experience:
3–7 years’ experience in an area of specialization, with experience working with others:

• Experience working in a medium-sized organization.
• Experience in a financial environment in Treasury or banking.
• Familiarity with good accounting practices and the Nigerian policy environment.
• Extensive bank reconciliation experience.
• Audit, compliance, and/or internal control experience.
• Knowledge of banking processes and products.
• Customer service or performance management experience will be an added advantage.

Application Closing Date
14th June, 2024.