Consultant - Forecasting Budgeting and Reporting Group Finance at MTN

Responsibilities

• The Consultant: Forecasting, Budgeting and Reporting role is responsible to achieve the following objectives:

Strategy Implementation

• Assist Senior Manager in the formulation of tactical approaches, budget and planning activities for the Opcos and Group.
• Provide input into the effective implementation of the FP&A objectives by means of providing direction, structure, frameworks, models, plans and roadmaps.

Operational Delivery

Budgeting and forecasting:

• In line with the budgeting timelines, develop different financial scenarios for strategic planning purposes based on provided assumptions and business drivers.
• Develop budget and forecasting templates with guidelines and instructions for Opcos and Group in line with the defined timelines.
• Provide assistance to Opcos when performing budgets and forecasts, addressing queries and providing guidance on requirements, key KPIs and deliverables specific to the Opco and the Group roll-up.
• Consolidate budget and forecast information received from Opcos. Track progress and issue resolution that arise due to the consolidation of these results.

Performance Tracking

• Receive requests and evaluate the requests for performance management reports (e.g. budget versus actual, budget versus forecast, etc.)
• Facilitate the development of new reports.
• Deliver comprehensive financial analysis, guidance, and financial support to the business.
• Demonstrate a proactive approach by closely monitoring business performance, conducting in-depth analyses, and providing valuable insights to inform critical decision-making processes.
• Assist in developing performance measures and KPIs at various levels of the business (operations, products & markets, revenue, margins, profitability etc.).
• Monitor and analyse business risk evaluation and mitigation measures, in conjunction with the risk and compliance function.
• Lead transformational projects for business units, specifically focusing on finance systems enhancement and evolution. 
• Conduct scenario analysis and modelling to arrive at realistic and planned targets for achievement.
• Identify appropriate sources and channels to derive performance-related data.
• Consolidate performance reports received from MTN entities.
• Undertake analysis of the business performance of different Opcos based on the performance reports generated.
• Obtain input from business partners based on the results published (where required).
• Publish and prepare performance reports for stakeholders in line with the defined requirements.

Continuous Improvement  

• Drive innovation and optimization initiatives within finance systems, implementing changes that enhance data accuracy, reliability, and overall system efficacy.
• Analyse potential issues and risks to enable early resolution and course corrections.
• Analyse the business requirement for master data requirements / business intelligence reporting.
• Perform evaluation baseline of Service Level Agreements (SLAs) and key performance indicators (KPIs).

Key Deliverables

• Forecasting, budgeting and monthly reporting
• Analysis and evaluations for business feedback
• Risk and compliance monitoring and reporting
• Innovation and financial system optimisation

Role Dependencies

• Understanding of business strategy 
• Business Finance objectives
• Finance operations and practices

Qualifications

Education:

• Minimum 4-year degree in Finance
• CA (SA) / ACMA (CIMA) preferred 

Experience:

• Minimum 3 – 5 years’ professional experience.
• Experience in financial planning and analysis, P&L, Operational and Cost Management experience.
• Experience in management accounting leading practices and trends.
• Experience using financial systems and various modules.
• Proven success in delivery of high-quality analytics.
• Experience in working with various stakeholders.
• Experience in working under pressure and delivering under tight deadlines.

Capabilities:

• Conceptual Thinker, Problem Solver, Improvement Driver 
• Culture and Change Champion, Supportive People Manager, Relationship Manager
• Results Achieve, Operationally Astute

Functional Competencies:

• Strategic Business Planning
• Budgeting, Forecast and reporting.
• Financial Analysis & Market Intelligence
• KPI & Business Performance monitoring
• Business Case Evaluation & CAPEX Valuations

Skills: 

• Business/ Financial Acumen
• Accounting and Reporting
• Finance Operation / Process Mindset
• Organisational Awareness
• Data Presentation and Communication