MTN Vacancy (5)

Job Title: Senior Treasury Manager

Department: Finance

Location: Lagos

Job Description:


* Create external relationships and networks that increase the image, standing and effectiveness of the organisation i.e with banks, credit rating agencies, CBN, SEC, NSE and the government. This is to ensure long term financial viability
* Ensure compliance with MTF covenants and terms
* Manage balance sheet / financial structure to meet international efficiency norms and Group gearing strategy compliance
* Ensure treasury decisions are based on most up to date data on market prices and external developments
* Establish processes that support the identification of financial risks and exposure and the undertaking of appropriate foreign exchange and interest rate hedging decisions
* Develop and implement strategies that meet MTNN’s financing needs while supporting achievement of financial objectives, including minimization of financing expense
* Raise funds at optimum rates as required by the business from sources available
* Manage various activities related to the management of corporate cash, borrowings and investments, maintenance of banking relationships
* Responsible for long term foreign exchange strategy, risk management, analysis and reporting
* Responsible for managing bank account structure, cash management and day to day banking relationships
* Analyse and report on investment portfolio strategy, yields and investment instruments
* Coordinate periodic reviews of investment and foreign exchange policies; benchmark policies with other companies
* Provide a variety of ad hoc analyses and various iterations of financial modelling for methods of potential acquisitions or other ventures
* Oversees management of liquidity and investments
* Cooperation with CEO and CFO in making recommendations for capital appropriation, and development of operating units in line with driving the strategic vision for MTNN
* Responsible for development and implementation of a treasury policy and relationship management with banks. Drives all corporate finance related activities

* Work closely with Group treasurer on all issues relating to MTN Group’s funding and currency management, and to implement and execute the group’s financing strategy

Job Conditions: Normal MTN N working conditions Extended working hours International and Local travel as required

Reporting To: Chief Financial Officer

Required Skills:
# 10 years treasury and/or finance experience with emphasis on foreign exchange and cash management in an international, multi-currency business environment
# Minimum of 5 years management experience with proven leadership skills in multinational corporate environment
# Experience with interest rate swaps, debt instruments and investment management and cash forecasting. Experience with equity, hybrid or debt investments either at a corporation, investment bank, or accounting, law, tax, or investor relations firm preferred
# Capital markets and financial investment securities experience or similar
# Experience in deal structuring, portfolio management, or stocks and options trade execution
# Experience in emerging markets
# Experience in raising funds on a project finance basis

Employment Status : Permanent

Qualification: A first degree in a finance or accounting related discipline, Postgraduate qualification - MBA is desirable, A professional Accounting degree (ICAN, ACCA, CPA)

This vacancy expires on 11/22/2007

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