Asst Director Risk Management and Controls

A. ROLE & CONTEXT

Purpose: Define financial controls for the Group & its OPCOs.

Review compliance.

Liaise with IT to ensure proper definition of requirements and manage financial systems related to the Group financial controls reporting and performance management.

Manage risk management across the group.

Context: The Department of financial control and Risk Management, in consultation with internal audit and the legal departments, ensures that the Group and its operating companies have robust financial procedures and policies in place. The Department also ensures proper compliance to these policies and manages financial systems and their users.

B. ROLE ACCOUNTABILITIES

· Define financial policies and procedures for the Group and operating companies including policies relating to risk management, capital structure, debt and project financing, investment of surplus funds, foreign exchange, interest rates, and liquidity; Consult with internal audit, the legal team, and the operating companies, to ensure proper policies and procedures

· Review and provide comment on financial policies and procedures at Group level

· Ensure compliance with the Group’s financial policies and procedures; Review audit and compliance reports with internal audit, risk management, and finance controls;

· Resolve issues of non-compliance and notify and give advice to key management on status of resolutions

· Maintain database of risk management and financial controls and non-compliance issues for entire Group

· Define financial systems requirements in cooperation with the technology department; Manage users of finance-related IT and IS networks.

C. EXPERIENCE AND QUALIFICATIONS

Minimum Experience & Essential Knowledge

· Accounting policies & principles based on IFRS

· Extensive application system implementation experience, including both Oracle ERP and Cognos environments.

· Track record of successful system implementation, as well as IT Change control

· Previous successful in budgeting and financial controlling of a major company with tangible financial results

· Experience at a major telecommunications company

· Working knowledge of accounting cycle, treasury, and cash management systems

· Knowledge of financial standards and financial management techniques and the ability to give advice on their application in the course of execution of business

· Knowledge of internal audit processes & financial controls

· Knowledge of legal requirements for financial policies and procedures and reporting

· Knowledge of Corporate Governance & Risk Mgmt.

Minimum Entry Qualifications

· Minimum 10 years experience related to the duties and responsibilities specified with at least 5 years experience in the telecommunications industry

· University Degree in Accounting or Finance

· MA and professional qualifications including (CIMA, ACCA, CPA, etc)

· Some IT qualification is preferred, e.g. CISA or BSc Comp. Science

F. SKILLS

Technical

· Skills in financial and business analysis

· Skills in financial modeling

· Skills in setting up financial systems, processes

· Skills in systems implementation (ERP/reporting system/knowledge management)

Behavioural Competencies

· Ability to convince other functional units regarding control matters.

· Strong communication skills

· Ability to work effectively in a multi cultural and diverse community