Reports To: Chief Financial Officer - CFO
Division: Finance
Mission:
Dedicated to maximizing profitability by ensuring the precision and compliance of financial transactions, while also implementing robust measures for fraud prevention and financial risk management.
Description:
- Initiating and implementing mid to long-term enhancements in financial integrity and identifying novel revenue streams, in compliance with corporate governance and other financial strategies.
- Advancing the overall risk maturity framework from level 3 to 5, constantly evaluating and updating the risk maturity model to reflect industry best practices.
- Vigilantly identifying potential risks associated with fraud and revenue loss and adapting both immediate and long-term strategies to these risks.
- Supervising the handling of fraud concerns related to mobile services, as well as and delivering pertinent security reports to law enforcement agencies.
- Leading the reassessment of Business Processes, including workforce, process, and business optimization, to achieve a minimum of 5% annual reduction in the division's budget.
- Driving contract negotiations to diminish costs while upholding MTN's Value Creation Philosophy.
- Discerning technological and telecommunications trends, integrating necessary control measures into corporate strategies, and supplying business intelligence to inform revenue-focused strategic decisions.
- Ensuring transparency and management insight into all financial-related matters, overseeing the preparation of audit committee reports on fraud, strategy, and losses for MTN Nigeria, while meeting all compliance and reporting deadlines.
- Upholding all internal procedures' adherence to revenue management policies and practices, and ensuring that marketing promotions, such as Customer Lifecycle Management (CLM) campaigns, are executed seamlessly and punctually.
- Executing vigilant monitoring and assurance within a constrained budget and pioneering inventive methods to consistently provide business intelligence promptly.
- Providing technical guidance for the creation and enforcement of revenue assurance frameworks, policies, and guidelines, ensuring operational compliance with MTN's policies and procedures.
- Actively managing and refining departmental tools, like the Fraud Management System (FMS), leakage detection systems, Anti-spam tools, etc., to optimize benefits for MTNN and Law Enforcement Agencies.
- Managing the development and enforcement of legal intercept policies and procedures in accordance with legislative mandates.
- Ensuring the business's integrity during system upgrades and the integration of new products, hardware, and software, validating revenue figures reported in financial statements, and conducting post-implementation reviews of external audit recommendations.
- Leading in the identification of business trends and potential alterations to the Group's or Company's business operating models, and assessing the impact on finance.
- Collaborating with various business units to craft business models for MTNN and developing measurement strategies that underpin ongoing strategy refinement and project enhancement.
- Craft strategies that foster a customer-focused ethos throughout the organization and cultivate or enhance relationships with MTNN's internal and external stakeholders to secure and boost MTNN's revenues.
- Engaging with MTN’s audit committee, along with internal and external audit entities, to ensure the right mix and enactment of standards and policies. Act as a liaison with various MTN departments and external entities, including government authorities and third-party partners.
- Establishing and nurturing relationships with key vendors, stakeholders, and users; aiming to reduce nationwide costs and inefficiencies through more effective procurement strategies.
- Mentoring and coaching the team to align their understanding with the department's aims and responsibilities, and to take full advantage of the human resources development programs for their career progression. Recognizing and monitoring the developmental needs and performance of the team, offering them opportunities to maximize the company's investment in their training and increase productivity.
Education:
- A first degree in Engineering, Business Management, or a related discipline
- A Master’s degree, preferably an MBA, will be an advantage. Fluent in English
Experience:
A minimum of 12 years of working experience, which includes:
- Manager track record of 5 years or more, with at least 3 years in the relevant sector or industry
- 3 years’ experience in business performance reporting, financial analysis, and business development
- Work experience across diverse cultures and geographies is advantageous.
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