SM, Financial Operations (Fixed Asset) in Lagos, Nigeria

at MTN Nigeria

Financial Services
Minimum Qualification
Bachelor's Degree
Required Experience
7 - 10 years
Employment Type
Full Time
Male or Female
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Job Description

  • To provide an access point for the company’s Fixed Asset information, thus safeguarding the company’s assets and having control on their movement -generally promoting ownership spirit within the company.
  • To develop and implement a strategy that ensures CAPEX is within approved budget and detect any variance.
  • Extract value from what we already have through divisional focused commercial activities such as: divisional business optimisation projects, contracts review and negotiation, capital/budget efficiency activities within division, etc.
  • Innovation – identifying and taking advantage of new business opportunities, e.g., through stimulating new business opportunities, divisional products launched, division product/process innovation, structural changes within division, etc.
  • Maintain leadership in the ICT/Digital industry by influencing state/local legislations & policies, participating in local level industry think-tanks, building & extending national B-2-B and similar relationships, etc.
  • Enhance/expand MTN’s role in the larger national and ecosystem through participation as a thought leader, executing local CSR projects, involvement in local industry non-ICT policy & think-tank activities etc.
  • Divisional people leadership activities: coaching, staff development and motivation through intra staff coaching, employee networks mentorship/support, own division employee engagement projects, faculty roles, inter/intra talent mentorship, etc.
  • Generic activities necessary for positive business outcomes such as: supporting recruitment, thought leadership as internal (interview/disciplinary) panel member, influencing next level leaders (e.g., at BPR) etc.
  • Develop strategic approach for managing fixed asset in MTNN and design framework to integrate all fixed asset related activities throughout the organization.
  • Provide guidance to MTNN management on in preparation and maintenance of strategic plans and fixed asset related accounting standards.
  • Coordinate the development, improvement and implementation of internationally compliant policies and procedures regarding accounting and management of MTNN fixed assets.
  • Develop and implement strategy that ensures CAPEX is within approved budget and that detect any variance.
  • Review strategy for implementation of Reverse logistics process and coordinate the process for obtaining all necessary statutory certification as relates to MTNN fixed assets.
  • Establish and implement process for identification and test of impairment indicators on MTNN assets.
  • Coordinate periodic review of Asset Retirement Provision assumptions.
  • Manage and control fixed asset register to provide precise and dependable information on MTNN fixed assets as well as its verification and audits, duly.
  • Develop short and long term strategy for safeguarding MTNN fixed assets and promoting ownership spirit within the company.
  • Interface with all internal/external stakeholders and auditors on all issues pertaining to the accounting and management of MTNN fixed assets.
  • Coordinate the review and selection of appropriate depreciation methods, useful life and residual value for MTNN fixed assets.
  • Ensure conformance of all company’s capital projects to company’s PPP’s on project execution.
  • Develop and coordinate process of obtaining all necessary statutory certification as relate to MTNN fixed assets.
  • Evaluate efficiency of systems being used in all fixed asset related activities.
  • Provide a variety of adhoc reports for management decision making as regards assets of the company.

Job Condition:

  • Normal MTNN working conditions
  • May be required to work extended hours
  • Deals with a lot of paper work
  • Move around locally to have a firsthand view of what is on site

Experience & Training     

  • Fluent in English and language of country preferable
  • A first degree in a computer or business related discipline, but a finance related degree is desirable
  • A professional accounting qualification (ACA, CPA, ACCA, CIMA)
  • At least 10 years work experience comprising:
  • Manager track record of 3 years or more; with at least 3 years in relevant sector/ industry  (i.e. Telecoms / Manufacturing/Oil and Gas) i
  • Worked across diverse cultures and geographies advantageous
  • At least 2 years’ experience in fixed asset management preferably within the within the telecommunication  / Manufacturing/Oil and Gas industry
  • Experience in working with fixed asset management system and Enterprise Financial System.
  • Knowledge of applicable International Accounting standards
  • International Financial Reporting Standard
  • Asset management in telecommunication industry
  • Conversant with telecom equipment.



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