UAE JOBS Required Accountant: Financial Planning and Analysis
Title:
Accountant: Financial Planning and Analysis
Location:
Dubai
Organisation Name:
MTN Dubai Limited
Department:
Finance Division
MTN Level:
Level 2
Mission/ Core purpose of the Job
The Accountant Financial Planning & Analysis role is accountable to support the Consultant Financial Planning & Analysis with insights-driven financial performance analytics for MTN Dubai .
The position would support Financial Planning, Budgeting, and Monitoring Enterprise Performance Management.
Key Performance Areas: Core, essential responsibilities / outputs of the position (KPA’s)
Operational Delivery
Business planning, Financial Reporting, External Audit and Year-end reporting Activities
Business Planning Activities (Quarterly forecast& Annual Budget)
- Oversee the end-to-end development of the business plan based on assumptions and key inputs.
- Ensure the input of relevant RO stakeholders are considered in the drafted business plans
- Support quarterly forecasting and annual budget process
- Assist the production of 3 periodic forecasts
- Time to time consultation and advise to line managers regarding budgets
- Confirm that forecasts financial reports meet the quality criteria of the applicable policies and procedures
- Ensure correct process management of annual operational budget
- Matching the forecast and budgets loaded by OPCOs and performing reconciliations on each business cycle for all MTN Dubai related entities
- Loading of forecast and budgets for MTN Group reporting purposes (EPBCS, FCCS, HFM)
Reporting
Interim Reporting
- Preparation of draft reporting packs for MTN Dubai related head office entities and resolve queries from manager
- Provide support for signoff and submission of reporting packs to Group Finance
- Provide support to Group Finance in consolidation
Hard-close Reporting
- Preparation of draft reporting packs for MTN Dubai related head office entities and resolve queries from manager
- Provide support for signoff and submission of reporting packs to Group Finance
- Provide support to Group Finance in consolidation
Year-end Reporting
- Preparation of draft reporting packs for MTN Dubai related head office entities and resolve queries from manager
- Provide support for signoff and submission of reporting packs to Group Finance
Annual Financial statement (AFS)
- Assist in the preparation of MTN Dubai related head office entities draft AFS and resolve queries from manager
- Assist in the Group Technical Accounting review of AFS
- Resolve all query raised from Group Technical accounting on all AFS
- Provide support for signoff and submission of AFS to Group Finance
Reporting Support Activities
- Time to time acting in capacity of acting manager Financial Planning and Analysis
- Preparation of BOD and internal management reports for presentation to Senior management Review of monthly financial overview for MTN Dubai senior management review. This to be prepared in format which is aligned with Group finance reporting for easier consolidation
- Work closely with Senior Management within MTND to manage information flow for both month-end accruals and variance explanations between actual vs. plan
- Ensure that all necessary reporting and recommended actions are provided to management timely and accurately to assist in the decision making process
- Assistance to other internal departments on various MTN Group projects
- Managing ad hoc projects sponsored by management
- Compliance to the applicable statutes, policies, procedures & group guidelines
- Accountable for accuracy of information and compliance to IFRS, GAAP & applicable MTN Group guidelines
- Compile MTN Group financial reporting according to standards, procedures and timelines.
- Assistance to other internal departments on various MTN Group projects
- Ensure that all necessary reporting and recommended actions are provided to management timely and accurately to assist in the decision making process
- Contribute to the month-end and year-end accounting close process to ensure company deadlines are met
External Audits
- Prepare for and ensure a clean and timely year end audit and Oversee the audit processes; interim and annual and compile supporting schedules and financial reports
Treasury and cash management
- Responsible for the management the organization’ s bank accounts and report to relevant authorities
- Facilitate funds transferring process between different banks
- Receive and record bank statement for reconciliation and validation
- Prepare and publish budgeted cash flows
- Responsible to ensure that intercompany balances are aligned at period end
- Check DOA authorization of payments on an ongoing basis
Secretarial Services and other support
- Onsite support for sourcing entities secretarial support which includes assistance in renewal of license, lease renewal, submission of annual return and providing assistance in annual DIFC inspection
- Preforming disaster recovery testing of MTN Dubai and all other head office entities
Accounts Receivable
- Perform activities on intercompany tool relating to all intercompany payable transactions on HFM/FCC
- Run the intercompany balance confirmation process independently and support the manager
- Intercompany Invoicing for Management fee, Interest, Oracle, professional fees & Oncharges
- Booking of the Receipts for all MTN Dubai and related HO Entities
Operational Delivery – Accounts Payable (Financial Services)
Account Payable
- Ensure accuracy and validation of supplier invoices
- Monitor and review the organization’s expenditures
- Prepare and document approved forex payment to submit to the local bank for processing
- Manage and oversee the audit exercise of AP documentation
Business advances and petty cash
- Work as the custodian of petty cash at the RO
- Monitor and validate the nature of expenses for repayments
- Manage and oversee the cash amounts paid through petty cash
- Perform periodic reconciliation of petty cash and vouchers
- Oversee the documentation and recording of all petty cash expenses
- Perform activities of employees traveling process and ensure validation of claims
Job Requirements (Education, Experience and Competencies)
Education:
- Minimum of 3-year tertiary degree
- Qualified Chartered Accountant/Chartered Finance Analyst/Relevant Financial Management Professional Qualification (preferred)
- Relevant certification / accreditation / membership with professional body in Finance, Accounting, Corporate Finance bodies
Experience:
- Minimum of 3 years’ experience in management of Business Finance Planning/FP&A/Financial Analytics and Reporting/External Reporting
- Worked across diverse cultures and geographies advantageous
- Experience in continuous improvement through the implementation of best practices
- Experience working in a global/multinational enterprise (understanding emerging markets advantageous)
- Worked across diverse cultures and geographies
- Abreast of global mind-set and best practice
Functional Competencies:
- Financial Planning, Forecasting and Budgeting
- ICT Business
- Financial Modelling, Analytics and Reporting
- Advanced Analytics and Modelling Techniques
- Financial Operations and Research
- Benchmarking and Metrics
- Financial Data Management
- Risk Management
- Decision support
- Financial reporting and dashboarding
- Executive Presentations
Behavioral Competencies:
- Empathy
- Accountable
- Adaptable
- Agile
- Communication
- Culturally aware
- Gets work done
- Innovative
Skills:
- Organizational Agility
- Digital Mind-set
- Dealing with ambiguity and complexity
- Conflict Management
- Negotiation skills
Other Notes:
Regional and international travel (if required)
