Analyst – Financial Planning and Budgeting

Main Purpose:

Develop and implement all financial planning, financial reporting and analysis processes and exercises. The main function of this position is to support in preparations of the budget, forecast and reporting exercises in accordance with MTN’s company policies, procedures, and contractual obligations. The Analyst, Financial Planning and Budgeting reports to the Manager, Financial Planning and Budgeting. The position will interface with Oracle workflows and non-Oracle workflows to ensure effective and efficient operations of the above.

MTN Uganda Limited is an equal opportunity employer and is seeking to recruit a competent individual to fill the following position.

Job Title: Analyst – Financial Planning & Budgeting

Reports to: Manager – Financial Planning & Budgeting

No. of Vacancies: 1

Main Job Functions:

Strategy Implementation

• Lead creation of sub-divisional strategy in line with overarching divisional goals
• Ensure effective implementation of company and sub-divisional strategy by means of providing
• direction, structure, business plans and support.
• Ensure accurate and timely reporting to enable the regular review of the functional strategy,
• roadmap and performance to ensure its alignment with the changing dynamics of the internal and external ecosystem.

Operational Delivery

• Gather assumptions and business drivers critical for defining the business plan
• Prepare the business plan based on assumptions and other key inputs such as proposed strategic
• initiatives and market assessment
• Gather business drivers and assumptions required for financial budget/forecast preparation
• Identify stakeholders responsible for providing budgeting inputs in time based on shared SLA
• Collect information from relevant functions/ departments for budget and forecast exercise
• Prepare the planning, budgeting and forecast process for the Operation.
• Ensure adequate reconciliations are performed prior to formal upload of financial budgets and
• forecast and communication of approved budgets to relevant stakeholders.
• Partake in the financial loading exercise of the budgets, forecast as per agreed SLA into the financial system.
• Provide insights and challenge the process to ensure that business plans are more commercially
• robust from initiation stage
• Guide and advise internal clients on financial implication of actions / decisions taken
• Provide appropriate finance support to the Business operation to create competitive advantage and enhance shareholder value
• Provides guidance to support to the Business operation from a finance perspective.
• Collaborates with Finance Centers of excellence (CoE) and Opco stakeholders to develop and
• implement an integrated financial planning strategy
• Ensures compliance to external regulatory requirements (e.g., disclosure and reporting)
• Foster a conducive customer-focused environment and MTN culture

Communicate and liaison with the various operational Functions and Lines of Business

• Liaising with divisional heads and managers to understand specific requirements relating to financial planning.
• Support business as the first point of contact for various Finance operational activities including
• taxation, payment processing, etc.
• Assist Business segment head in budget estimations and monitoring.
• Prepare and update Line and Business heads with key analytics to enable decision making.
• Obtain operational feedback on Finance services from Business Segment Heads
• Assist in gathering, collating and consolidating learning and development needs of the Business
• Segment for improving learning initiatives.
• Provide financial assistance and support services as maybe requested from the Business Segment / Employee on a case-to-case basis.

Continuous Monitoring of Budgets

• Conduct periodic review of business plans and budgets to evaluate actual vs. budgeted performance.
• Analyze discrepancies and determine root cause for deviations in consultation with relevant
• stakeholders.
• Formulate corrective measures to be incorporated into plans and budgets.
• Propose revision of budgets and business plans based on outcome of actual vs. budget analysis.

Reporting

• Prepare and analyze operational reports to management on a monthly, quarterly, annually relating to progress made within the operation and in accordance with the measurement metrics set by the organization.
• Prepare and analyze reports on specific projects as per the defined timelines.
• Provide report on performance of the operation as per agreed operational guidelines and SLA.

Exceptions Handling and Reporting

• Perform root cause analysis for SLA non-compliance and take corrective action.
• Identify potential sensitive issues and escalate it to the appropriate level.

Governance

Ad hoc and Operational Meetings

• Set up / participate in ad hoc and operational meetings.
• Report at process and functional level

Escalations

• Manage and resolve escalations that have impact on critical path of service delivery.
• Escalate issues that will result in significant time, scope, employee/client or cost impact if not resolved.
• Manage and provide solutions to issues that require formal resolution.

Operational

• Set up, manage and deliver action points related to financial planning project status meetings.
• Review and identify key risks, issues and dependencies and set mitigation actions in financial planning.
• Manage monthly operational reporting/ budgets/forecasts and any operational business plan related activities

Performance

• Analyze and prepare performance of the operation to management on a monthly, quarterly, annual basis
• Monitor and make suggestions for continuous improvement of performance.
• Provide report on performance of the operation as per agreed operational guidelines and SLA.

Education

• Bachelor’s degree in finance, accounting, or related field
• Relevant professional qualification e.g., Chartered Accountant or Certified Public Accountant would be advantageous).

Work Experience

• 2-5 years of relevant experience in Financial Management in a multinational business environment,
• Telecommunications industry experience preferred.
• Experience in similar leadership role with a global/ multi-site organization, ERP (Oracle), MS Office
• (Word, Excel, and Outlook), GAAP (Generally Accepted Accounting Principles), IFRS (International
• Financial Reporting Standards).
• Experience in continuous improvement through the implementation of best practices (Finance).
• Experience in Finance leading practices and trends.

Knowledge

• Ambiguity in the workplace
• Budgeting
• Complexity and ambiguity within the workplace
• Conflict management
• ERP (Oracle preferred)
• Financial planning
• GAAP (Generally Accepted Accounting Principles)
• IFRS (International Financial Reporting Standards)
• Influencing others
• Information processing
• Agility and Problem solving
• Risk management
• Telecommunications industry
• Fosters innovation and inquisitiveness
• Identifies, recognizes & builds future talent

Skills

• Accounting
• Analytical
• Communication
• Continuous improvement
• Data interpretation
• Judgment
• Planning and organizational skills
• Presentation
• Reporting
• Research & Development

Behavioral Attributes

• Accountable
• Adaptable
• Agile
• Communication
• Culturally aware and adaptable
• Get it done.
• Innovative
• Inquisitive