Manager - Technical Accounting at MTN Nigeria

Reports To: Senior Manager - Technical Accounting

Division: Finance

Mission:


The Manager Technical Accounting will ensure financial integrity, compliance, and transparency for the respective Opco by adhering to the accounting standards. The role will play a pivotal part in ensuring that the financial reporting remains accurate and consistent by conducting meticulous reviews.
The role will also focus on promoting consistency in accounting treatments by collaborating with internal stakeholders, developing, and implementing robust accounting policies, and performing post implementation reviews of new accounting standards.
The incumbent for the role will also stay abreast with regulatory changes and emerging accounting developments and will provide timely guidance and essential training to the relevant team members, ensuring they are equipped to navigate and implement necessary adjustments effectively.


Description:


Accounting Pronouncements:

Identify, maintain, and communicate all current and upcoming accounting pronouncements relevant to the Opco's financial statements


Position Papers:

Develop well-supported position papers required to present draft conclusions to the Group and Opco CFO and management


Revenue Recognition and Other Accounting Standards Compliance:

Collaborate with cross-functional teams to ensure adherence to the relevant standards
Review contracts and assess their impact on revenue recognition and other financial statements line items
Provide guidance on complex technical accounting scenarios, including multiple-element arrangements and contract modifications


Mergers and Acquisitions (M&A):

Evaluate accounting implications related to business combinations, purchase price allocations, and goodwill impairment assessments.
Assist in integrating financial reporting systems and processes post-acquisition
Technical Accounting Research:
Conduct in-depth research on accounting issues, including complex transactions, non-standard arrangements, and emerging topics.
Prepare technical memos documenting conclusions and recommendations.
Provide inputs into various board committee submissions detailing accounting implications of proposed transactions


Financial statements

Review FS templates and update disclosure on new accounting standards
With the aid of IFRS disclosure checklist, review annual and interim FSs to ensure disclosures are adequate and presentation complies with IFRS
Collaborate with external auditors and internal stakeholders in restating financial statements (where such is required)
Investigate and rectify any accounting errors or misstatements


Policy Development and Implementation:

Assist in developing and updating accounting policies and procedures
Complete post-implementation reviews following the implementation of new accounting standards
Ensure consistent application of accounting policies across the Opco


Training and Education:

Develop training materials and resources to support ongoing education.
Deliver periodic IFRS refresher and update training sessions to finance and accounting teams
Foster a culture of continuous learning and awareness




Education:


Fluent in English and language of country preferable
First degree in accounting or related area of study
ICAN or International Equivalent. (ACCA, ICAEW, CIMA)


Experience:

6 - 13 years' experience which includes:


Minimum of 3 years of experience in technical accounting
Experience in financial reporting is desirable
Familiarity with financial accounting concepts for both public and private companies
In-depth knowledge of IFRS accounting standards and their application to telecommunications companies
Proven track record of leading technical accounting teams, demonstrating expertise in regulatory compliance and financial reporting
Experience in providing guidance and support to finance teams on complex technical accounting matters, including revenue recognition, lease accounting, and impairment assessments
Experience in monitoring and interpreting accounting standard changes
Prior experience Financial Services preferred, with experience within the telecom industry
Strong analytical and problem-solving skills, with the ability to interpret complex accounting issues and provide practical solutions
Proficiency in conducting technical accounting research and preparing well-supported position papers to guide decision-making at senior management levels