Budget Manager

Job Description

Mission:

• To prepare MTNIrancell annual budgeting and quarterly forecasting, apply fundamental budgetary concepts, practices, and procedures, and ensure it complies with MTN Group and Iranian accounting policies for both the financial and non-financial aspects.

Responsibilities:

• To liaise with other divisions to ensure all divisional budgets, MTNIRANCELL subsidiaries. and forecasts are accurately and promptly prepared and uploaded.
• To manage and control data integration of other systems, such as ERP, BA, and EDW, to ensure their related data is accurate and correct.
• To develop budget preparation instructions and guidelines for use by all MTNIRANCELL divisions and subsidiaries
• To manage final testing and finalize all calculations, budget forms, and worksheets.
• To manage the coordination of MTNIRANCELL’s consolidated annual budget to get it prepared.
• To manage the distribution of budgets and related material; respond to various inquiries regarding budget procedures and information needs from multiple sources.
• To check the accuracy of data received from divisions and MTNIRANCELL subsidiaries, validating submissions from divisions and testing their assumptions against historical performance and other financial ratios to ensure that all submissions are realistic and according to company strategy and make business sense.
• To coach all budget coordinators of divisions on the budget presentation tools, ensuring all division budget coordinators conform to the standard budgetary working policies, processes, and procedures.
• To manage the arrangement of budget training for all budget coordinators on the Budget software.
• To lead critically reviewing and analyzing divisional budget requests and make recommendations for approval or modifications; arrange for budget meetings.
• To respond divisions’ queries regarding budget-related problems and offer solutions to emerging problems.
• To support senior manager in preparing the MTNIRANCELL 3-5 year Business Plan and building the Business Plan in the Budget Software in that the Business Plan becomes automated
• To ensure that Business Plan calculations are accurate and realistic and the formulas used in Budget software are accurate and correct.
• To support senior manager in preparing strategy documents according to internal and external Board requirements and Banks in related areas.
• To compile MTNIRANCELL Business Plan presentation to internal and external Board and calculate all the financial ratios to evaluate if the company is going in the right direction.
• To ensure the final budget pack for each division is sent to all divisions and ExCO members by the end of the Financial Year.
• To monitor approved budget allocations, revenue, and expenditure and manage preparing periodic reports and recommendations for budget adjustments as required.
• To control all financial ratios to ensure they are correct and accurate.
• To support preparing the ABC model and provide required input to management
• To compile the LCO (local company) Budget data for MTN Group, benchmark the data against other MTN OpCos, and suggest any corrective measures to management.
• To support incorporating sub-projects into the Business Plan – scenario running.
• To lead liaison with other divisions to ensure divisional compliance with all deadlines and reporting requirements.