MTN Nigeria Vacancy: Corporate Finance Manager

MTN’s overriding mission is to be a catalyst for Nigeria’s economic growth and development, helping to unleash Nigeria’s strong developmental potential not only through the provision of world class communications but also through innovative and sustainable corporate social responsibility initiatives. MTN Nigeria recruits Corporate Finance Manager

Job Title
Corporate Finance Manager
Department:
Finance
Location:
Lagos

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
Job Conditions: •Normal MTNN working conditions •Extended working hours
Reporting To: Senior Manager Treasury

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
Employment Status :
Permanent

Job Qualification:
•A first degree in Accounting, Economics or any other Finance related discipline •A professional Accounting degree (ACA, ACCA, CFA, CIMA)

This vacancy expires on 2/11/2011

Click here to view Job and Apply Online