CORPORATE FINANCE MANAGER VACANCY AT MTN NIGERIA

MTN Nigeria has job vacancies in the following positions:

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 Divestments
• 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 recapitalisation 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 MTN 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