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Executive Head of Department – Finance Business Partner at Safaricom Telecommunication Ethiopia
Position Title: Executive Head of Department – Finance Business Partner
Employer: Safaricom Telecommunication Ethiopia
Employment: Full-Time | Permanent
Place of Work: Addis Ababa - Ethiopia
Posted date: 7 months ago
Deadline: Submission date is over
Role Purpose
- Act as the trusted advisor to the Chief Finance Officer and the Technology Chief Officers to help them make the best possible commercial and operational decisions.
- Drive Capex and NOPEX decision-making towards a more efficient network build and operations.
- Provide key financial management information and performance indicators to senior management and stakeholders.
- Lead the Technology & Support Functions Finance Business Partnering team across the organization.
Key Accountabilities and Decision Ownership
- Prepare and review forecasts, budgets, LRP, and Business Plans.
- Partner with the Chief Technology Officer to drive cost-efficient network build.
- Ensure compliance with IFRS and Group accounting policies.
- Align capex and NOPEX spend with approved Budgets.
- Collaborate with the Chief Human Resources Officer to optimize employee costs.
- Act as the single point of contact for all technology and support functions finance-related matters.
- Define ROI for all asset categories to drive returns for capital investments.
- Prepare and review financial models and conduct due diligence.
- Lead the organization in efficiency and cost control measures.
- Identify areas for digitization and process improvement.
- Establish agile and project methodologies with stakeholders.
- Define a clear Finance business partnering structure.
- Manage performance management and objective setting processes.
- Ensure staff reskilling and upskilling for succession planning.
- Advocate the Spirit of Safaricom behaviors across the team.
Core Competencies, Knowledge, and Experience
Business Competencies
- Work effectively with others to maximize interactions.
- Identify people's needs to influence decisions.
- Communicate simply to engage people.
- Adapt style to build rapport and work effectively.
- Build strong relationships and networks.
Operational Excellence
- Target efforts on high-value activities.
- Focus on performance and continuous improvement.
- Think cross-functionally about processes and problems.
- Use knowledge to solve problems effectively.
Creativity and Innovation
- Find creative solutions to problems.
- Take risks to push boundaries.
- Experiment with unorthodox approaches.
Business Know-How
- Use data to make robust decisions.
- Balance current and future needs.
- Act like an owner of the business.
- Comply with legal and ethical standards.
Working with Change
- Respond flexibly to changing situations.
- Manage the business aspects of change.
Agile, Project, and Program Management
- Define scope and deliverables.
- Schedule activities and identify resource needs.
- Evaluate progress and mitigate risks.
Functional Competencies
Planning and Control
- Analyze performance trends.
- Steer business performance using strategy.
- Translate strategies into actionable plans.
- Maintain controls within Financial Systems.
Accounting
- Prepares, analyses, and summarizes financial data to support business operations and deliver statutory information
- Ensures the integrity of processes and systems to record and authorize transactions in compliance with Safaricom accounting policies and regulations
Reporting
- Delivers timely and accurate reports to satisfy statutory and business requirements
- Identifies key performance and variances, and provides recommendations
Treasury
- Develops and advises on funding strategies for the business
Must Have Technical / Professional Qualifications:
- Relevant Degree in Accounting, Economics, Finance
- Preferably at least 8 years of experience with a deep knowledge of technology underpinning the telecoms sector
- Preferably at least 12 years of broad, progressive experience in all facets of Finance (i.e., Management Accounting, Forecasting and Planning, Financial Accounting, and Finance Operations)
Key Performance Indicators:
- Ensure timely review of monthly performance for the technology and support functions
- Ensure timely and in-depth reports of key financial models and forecasts for strategic projects
- Demonstrable impact of improvements in cost, efficiency, talent development, and management
- Prepare with Business Unit leadership teams for the monthly performance review
- Ensure funds allocated to projects are spent within budget and deliver returns
- Overview of performance of staff in the department through quarterly and annual reviews
- Implement and address matters raised from Employee Survey
Financial Responsibility:
- Responsible for approval of Capex Spend for the business
- Responsible for the Investment Board
- Approval of budget transfers for all opex expenditure
Direct Reports:
- Manager - Finance Business Partner
- Senior Manager - Decision Support & Partnering (1)
Note: We strongly encourage women to apply and bring their unique perspectives and talents to our diverse and inclusive team.
