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Jan 30, 2011

MTN Nigeria Recruits For Corporate Finance Manager

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

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