Analyst - Corporate Finance, 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: Analyst - Corporate Finance, Finance

Job Identification: 4643
Location: Ikoyi, Lagos
Employment Type: Full Time
Reports To: Manager - Corporate Finance
Division: Finance

Mission

• Assist MTNN in meeting its financial and regulatory obligations to its lenders and other counterparties and prepare analysis that will aid long-term liquidity management.

Description

• Prepare Treasury yearly budget, forecasts, monthly budget variance report with Manager Corporate Finance.
• Analyze and prepare Treasury reports such as cash collection reports, FOREX exposure reports by purchase order, monthly cash disbursement reports to aid financial management decision.
• Gather and analyze data on expenditures relating to CAPEX and OPEX to optimize cash forecast.
• Act as a focal point for Treasury Accounting responsibilities, carrying out monthly verification of credit interest and bank charges, booking of banking investments, funds transfers, and income, reviewing reports on dealer and postpaid collection sweeps, and compiling necessary documents for the year-end audit.
• Facilitate the administration and settlement of MTF-related payments (principal repayment, interest, and fees as they relate to borrowing).
• Monitor and confirm the completeness and accuracy of corporate finance-related General Ledger postings.
• Facilitate settlement and administration of shareholders’ dividend distribution by assisting with all exchange control approvals needed, confirming settlement to the company secretary, and ensuring accurate posting on Oracle.
• Maintain financing records and an audit trail in strict compliance with MTNN policies and procedures.
• Collate information relating to MTNN business for updating the Supplemental Information Memorandum to the lenders.
• Maintain best practices as they relate to corporate finance policies, processes, and procedures. 
• Prepare monthly journals (accruals and amortization schedules) and ensure they are in line with accounting standards.
• Distribute all authorized reports to lenders and financial institutions.

Requirements
Education:

• First Degree in Accounting, Economics or any Finance related discipline.
• Professional qualification (ACA, ACCA, ACMA)
• Fluent in English.

Experience:
3 – 7 years’ experience including:

• Experience in the financial environment in corporate finance, accounting, and financial statement analysis
• Strong knowledge of ERP (IFS)
• Knowledge of Trade Finance
• Experience in Management Information Reporting Application (OFA)
• Experience in good accounting practices and the Nigerian policy environment
• Experience in Cash Management and Corporate Finance
• Experience in the corporate treasury environment
• Up-to-date knowledge of the money and capital markets

Application Closing Date
1st August, 2024.