MTN Nigeria Recruits Corporate Finance Manager MTN Nigeria is part of the MTN Group, Africa's leading cellular telecommunications company, and a top... [[ This is a content summary only. Job Title:
Corporate Finance Manager
Department: Finance
Location: Lagos
Employment Status: Permanent
Reporting To: Senior Manager Treasury
Job Description:
* Implement optimal Financing structure
* Source for debts (i.e. Long and short term)
* Renegotiate existing facilities with a view of maintaining target cost of debt
* Review financial documents and agreement from advisers
* Review proposal and select financial advisers for management approval
* Ensure that Conditions precedent are completed and met and no breach occurs
* Monitor banking covenants and reporting to the relevant agents as may be specified in the loan docs.
* Review Fees that are proposed and make recommendations to management
* Manage Loans and Facilities administration
* Ensure all interest and fees are paid as at when due
* Review and approve Accruals for month and Year End as it relates to loan and facilities
* Ensure all necessary reports are submitted to Common and Local Agent as and when due
* Act as MTNN custodian of the medium term financing portfolio and ensure that all certifications, disclosures, representations, financial documentation, financial covenants are complied with.
* Assist in designing and implementing optimal dividend policy
* Ensure all required approvals from regulatory authorities are in place (CAC ,SEC,NSE and CBN Trade and Exchange department
* Make recommendations to management on the optimal type of dividend payable to shareholders
* Manage shareholders distribution (loans and dividend) effectively
* Manage Concentration and pricing risk relating to dividend and shareholders loan
* Make recommendation on Strategic acquisitions and Divestment
* Prepare initial dossier on the intended investment
* Determine the need for Financial Advisers
* Review any financial Analysis and make recommendations on strategic Investments
* Make recommendation on strategic Investments
* Manage supplier credit and liaise with Export credit guarantee agencies
* Manage and implement an efficient Cash flow forecast tool for MTNN operations
* Manage MTNN shareholder’s recapitalization process as it relates to Treasury
* Analyse economic conditions, the financial climate, and changes in corporate requirements in order to pre-empt and manage exposure
* Work closely with senior treasury manager on special projects especially relating to managing debt and equity gearing for the company
* Analyse inter-company transactions, loan positions and coordinate execution of documentation
* Assist in the preparation of Board Paper and memoranda submissions
* Group and Stake holders reporting on corporate finance
Required Skills:
At least 8 years work experience which includes:
* At least 6 years cash management / foreign exchange experience
* At least 2 years in the corporate finance function of a reputable organisation in the Financial Services Sector or multinational corporate treasury experience
* Experience in international trade finance, foreign exchange activities, and cash management.
* Familiarity with capital markets and financial investment securities
* Experience with equity, hybrid or debt investments either at a corporation, investment bank, or accounting, law, tax, or investor relations firm
* Experience in a managerial/ supervisory role
Qualification:
* A first degree in Accounting, Economics or any other Finance related discipline
* A professional Accounting degree (ACA, ACCA, CFA, CIMA
Job Conditions:
* Normal MTNN working conditions.
* Extended working hours
Application Deadline
10th February, 2011
Method of Application
Interested and qualified candidates should apply using the link below:
Click here to apply online
