Senior Manager

7 days ago

Lagos, Lagos, Nigeria MTN Nigeria Full time

Mission:

  • The Senior 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 role 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 of 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:

  • Conduct detailed IFRS disclosure and presentation reviews of interim and annual financial statements to ensure the accuracy of earnings press releases, quarterly and annual filings, registration statements, and proxy statements.
  • Identify, maintain, and communicate all current and upcoming accounting pronouncements relevant to Opco's financial statements.
  • Review contracts and assess their impact on revenue recognition.
  • Provide guidance on complex technical accounting scenarios, including multiple-element arrangements and contract modifications.
  • 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
  • Conduct in-depth research on accounting issues, including complex transactions, non-standard arrangements, and emerging topics.
  • Prepare technical memos documenting conclusions and recommendations.
  • Provide input into various board committee submissions detailing the accounting implications of proposed transactions.
  • Participate in strategic meetings, ensure relevant participation, and provide guidance and input in the various discussions. Solicit feedback and input from relevant reporting and analytics teams.
  • Drive adequate risk mitigation and controls and elicit input from relevant parties by closely working with the internal audit team.
  • Escalate issues to the Opco CFO and group technical accounting team that will result in severe time, scope, productivity, and cost or resource impacts.
  • Request relevant budgets for internal projects.

Education:

  • Fluent in English
  • Postgraduate in accounting or a related area of study
  • Chartered Accountant

Experience:

9–17 years' experience, which includes:

  • A minimum of 5 years of experience in the technical accounting department of a big four audit firm or large corporate
  • Experience in financial reporting
  • Familiarity with financial accounting concepts for public companies and requirements for listed companies in Nigeria
  • 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 in the telecom industry and financial services will be an advantage.
  • 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.
  • Experience in conducting training on IFRS standards and the practical application of the standards

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