Head of Finance

Announced Date:  2019-09-03
Last Deadline:  2019-09-30
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Organization: Afghan Wireless Communication Company (AWCC)
City: Kabul
Job Location: Kabul
Job Category: Facilities
Vacancy No: AWCC/HR/19/VA/022
Employeement: FullTime
No of Job(s): 1
Experience: 10 Years
Education: Bachelor Degree (Master degree preferred)
Contract Duration: Long term
Salary Scale: Based on Company Salary Scale
Nationality: Afghan
Gender: Male/Female
Deadline: 2019-09-30
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About Afghan Wireless Communication Company (AWCC)

AWCC is the first and biggest GSM Operator of Afghanistan. For more info please visit: www.afghan-wireless.com

 

Job Description

Job Summary:

  • Responsible for developing and implementing of My Money financial and accounting  systems, processes, proceedures and reporting in order to ensure effective control, monitoring, evaluation of  ABMMC Money business activities.    

Job Context:

  • Oversee setting of annual MM business revenue projections and ensure close monitoring of performance visa a vis the the approved business plan.
  • Responsible for the budgeting, monitoring and evaluation of ABMMC’s overall Operational  ( OPEX) and Capital Expenditure ( CAPEX) to ensure optimal cost control for the My Money business activities.
  • Ensure timely compilation of financial reports and submission of periodic updates by the MM Finance team regaring the business performance vis a vis set targets.
  • Work closely with the MM Head Of Operations, CCO and CEO to develop and implement ABMMC’s annual business plan and actively contribute towards the implementation of the agreed upon milestones and activities.
  • Responsible for creation and  implementation of My Money financial and accounting processes, procedures and work instructions in accordance with professional and international financial management standards.
  • Approve My Money pricing structure including customer tariffs or discounts and Agent/Partner commissions, fee-share as per business plan.  
  • Ensure close monitoring and evaluation of all incoming MM revenue from the various business streams by the Finance team and timely reporting of areas of business improvement.
  • In charge of establishing a cordial working relationship with all partner banks and financial institutions that work with ABMMC-My Money and attending regular business meetings with them.
  • Oversee setting up and financial management, reconciliation and reporting of all MM Bank and institutional wallets accounts including float, disbursement, revenue and operational accounts on the MM platform and with various financial institutions countywide.
  • Responsible for finance verification and approvals of opening and linking of ABMMC bank accounts, standing orders, interbank funds transfers, ABMMC & Institutional business wallet account creation.    
  • Ensure timely posting of accounting entries into the ACCPAC system and continuous verification of systemic transactions on the mobile money system by the Finance team on a day to day basis
  • Oversee the budgeting, facilitation, monitoring and evaluation of ABMMC’s operational and capital expenditure to ensure optimum cost control for the My Money business activities.
  • Approve orders for MM logistics including POS terminals, NFC stickers, and stationery, marketing and branding materials.  
  • Approve vendor and supplier payments in accordance with the signed agreements. 
  • Approve monthly payments of ABMMC Super and Master Agent and E-Topup Distributor commissions in accordance with the signed partner contracts. 
  • Oversee the timely generation of institutional client invoices and ensure collection of accounts receivable by the designated business managers.
  • Responsible for overseeing the generation of Journal Vouchers (JV) by the MM Finance team on a day to day basis in accordance with the generally accepted accounting principles.
  • Ensure regular update of records of the MM technical, administrative, financial and operational inventory by the Finance team.
  • Oversee computation of tax returns and ensure timely submission of the tax reports and securing of the necessary tax clearance letter for ABMMC on an on-going basis.
  • Confirm finance input to various Requests for Proposals (RFPs) and ensure that bids submitted are competitive, but profitable.
  • In charge of verifying and submitting of  monthly MM financial reports including Profit & Loss, Balance Sheet, Cash flow Statements, EMI transaction and dashboard reports and their timely submission to ABMMC / AWCC management and Da Afghanistan Bank.
  • Facilitate external auditors and ensure that all finance inputs are provided to enable the various reviews by authorized professional firms and Da Afghanistan Bank.
  • Train, manage and supervise the designated staff members and ensure their compliance with professional standards and overall performance of the My Money Finance Department.
  • Work very closely and provide financial support to MM- Head of Operations to ensure maximum compliance with Da Afghanistan Bank - EMI regulations and achievement of annual business plan.
  • Provide motivational leadership to the MM staff in their day to day business management of ABMMC.
  • Any other duties as May assigned by the Chief Executive Officer or Group CFO

Job Requirement

  • Minimum of Degree or Diploma in Finance, Accounting, ACCA, Audit or a related field.
  • Minimum 10 years’ experience at Finance Management and leadership level in a related environment.
  • Computer Knowledge in MS Excel, Word, Power Point, Digital Payments Systems.

Competencies:

  • Must have a high level of integrity, be a team player and adhere to time keeping.
  • Experience in Finance Management and Digital Financial Services is an added advantage.
  • Able to communicate complicated Finance and accounting issues, with effective presentation skills.
  • Self-motivated, flexible and able to work with negligible supervision.
  • Excellent written and verbal communication skills.
  • Should have analytical skills to evaluate different kinds of business activties.
  • Should be a motivational leader with strong training and team mentorship skills.
  • Able to deal with a wide range of people from different backgrounds.
  • Able to work under pressure and promptly meet deadlines. 

Submission Guideline

The interested candidates should submit their resume email to:

jobs@afghan-wireless.com

Kindly mention the position title in the subject line of your e-mail:

(Head of Finance/AWCC/HR/19/VA/022) Otherwise your application will not be acceptable.

AWCC regrettably cannot respond to individual queries in relation to job or on the status of individual applications due to high numbers of applicants. If you have not been contacted within 2 weeks after the closing date, then please assume that your application has not been successful.

Submission E-mail

jobs@afghan-wireless.com