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VACANCY – FINANCE MANAGER

A. Key Responsibilities

1. FINANCIAL REPORTING, TAX AND AUDIT
  • • Ensures the integrity of financial data processed in the accounting system
  • • Preparation of flash reports in line with group reporting requirements
  • • Prepares Company’s management accounts (monthly, quarterly, half yearly and annually) in line with group reporting and in accordance with International Financial Reporting Standards (IFRS)
  • • Reviews account reconciliations applicable to the mobile money business
  • • Prepares annual financial statements and statutory supporting schedules
  • • Prepares reports, schedules, and files for review by external and internal auditors
  • • Assists the Financial Controller in preparation of technical accounting papers on new accounting standards and/or specific transactions.
  • • Assist the financial controller in effective tax management for mobile financial services

2. FINANCIAL PLANNING AND CONTROL
  • • Prepares annual business plan in line with business strategic direction
  • • Prepares periodic financial forecasts to support financial decisions
  • • Reviews new products and services and provide performance reports
  • • Formulates performance standards and ensures that strategic objectives are pursued and achieved.
  • • Produces cost reports for cost containment and control
  • • Maintains the physical assets of the company
  • • Prepares product performance report of all available use cases

3. MANAGEMENT AND CONTROL OF MOBILE MONEY
  • • Ensures adherence to internal control policies and procedures to safeguard company assets and trust funds.
  • • Perform specific partner and agent account reconciliations, remittances and super agents.
  • • Liaises with operations support teams internally and externally to ensure to ensure timely resolution of reconciling items.
  • • Management of trust balances and ensure necessary sweeping arrangements are implemented.
  • • Reviews daily and monthly mobile money reconciliations
  • • Ensure the accuracy and completeness of mobile money transactions
  • • Prepares regulatory reports and ensure full compliance to regulatory requirements
  • • Monitors partner reimbursements and liquidations and ensure timely execution to maintain partner confidence
  • • Reviews shops float reconciliations and follows up on identified variances

4. LEADERSHIP AND MANAGEMENT
  • • Manages staff performance and skill development requirements

B. Education
  • • Degree in Accountancy or Finance
  • • Professional accounting qualification such as CA, CIMA or ACCA
  • • MBA or MBL will be an added advantage

C. Experience
  • • At least 5 years’ experience 3 of which have been in Accounting, Finance, Corporate Finance or related discipline experience at a senior management level. Experience in mobile financial services an added advantage.

D. Knowledge and Skills
  • • Knowledge of International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) are a prerequisite.
  • • Knowledge of Oracle EBS, Hyperion Financial Management (HFM), Anaplan are an added advantage.
  • • In-depth understanding of financial accounting disciplines
  • • Good analytical, conceptual and diagnostic skills
  • • Good coordination, communication, motivational and interpersonal skills
  • • Should have knowledge of laws applicable to financial services, their interpretation and application in a business environment.
  • • Good spreadsheet and financial modelling skills are a prerequisite.
  • • Computer literacy and proficiency including spreadsheets, PowerPoint, and business modelling tools.
  • • Good analytical, conceptual and diagnostic skills.
  • • Should have a thorough understanding of the different business functions and their interaction towards the achievement of the business objectives.
  • • High degree of professional judgment and discretion.

Please apply via email to: careers@econet.bi or bring your application to HR department, clearly indicating the position being applied for in the subject area. Closing date for all applications is Friday, 20th September
5PM.

Please note only short listed applicants will be responded to.