Role purpose:
- Lead the Infrastructure Acceleration strategy in the Finance workstream within Vodacom Tanzania Plc
- Alignment with Vodacom Group Infrastructure strategy
- Support in the creation of the infrastructure special purpose vehicles (SPV’s) in Tanzania; Vodacom Fibre Company and Vodacom Rural Tower Company
- Lead the development of the optimal Finance operating model for the SPVs
- Drive cross departmental partnerships between work streams to achieve deliverables
- End to end execution of all special projects within Finance
- Develop a robust Governance structure and drive full compliance with the DoA requirements
- Provide appropriate accounting guidance to ensure that the arrangement is setup in a manner that supports the strategic objectives of the project.
- Provide the accounting implications of the proposed transaction per IFRS.
- Provide the financial effects of the proposed transaction to VTPLC (the “Company” and the “Group”) over the Long Range Plan.
Key Responsibilities
a. Planning
- Identify assets in scope for the separation program, ensure full reconciliation is done back to all supporting documents and take all steps necessary to support the verification of the assets.
- Develop an optimal finance structure and resourcing plan
- Develop the finance human resourcing structure for the SPV’s and synchronize with the human resource
- Support the finalization of the business plan based on network plans
- Finalize the business plan overlay, drive the decision making process and clearly provide scenario based outcomes.
- Provide the financial effects of the proposed transaction to VTPLC over the LRP and FibreCo
- Develop appropriate finance processes and policies aligned with best practice, finance operating model and system requirements.
- Scope out accounting system requirements and detailed activities required to support implementation.
- Vendor engagement, selection and onboarding.
- Risk register and mitigation actions (financial and non-financial)
b. Execution
- Drive asset separation program for existing assets – in conjunction with the PMO
- Setup and manage “virtual data rooms” (VDR’s) for existing Vodacom assets and all activities within Finance.
- Structure and resourcing in place for the SPVs.
- Detailed execution plan with clear timelines and dependencies are in place.
- Monitoring processes with clear KPI’s
c. Legal and Regulatory
- Provide all necessary inputs to secure licenses and approvals such as business license, TIN, VAT, network facilities license
- Support and constructively challenge the review of the Shareholder agreements, Master lease agreements and all related legal drafting’s
d. Governance
- Lead regular work stream meetings and ensure outcomes are attained per deliverables across all areas.
- Regular updates to the work stream members, Head of FinOps and PMO.
- All Vodacom EXCO approvals, Vodacom Group and Vodafone approvals as per Delegation of Authority (DoA)
- Work closely with the PMO to secure Local and Group Board approvals.
Qualifications, Competencies, Knowledge and Experience
- A minimum of 5 years’ experience
- Demonstrated experience in managing key project transitions or implementation will be an added advantage.
- Degree in Accounting and a CPA holder (essential)
- In depth knowledge of mobile and fibre networks
- Knowledge of Project Management tools and techniques;
- Stakeholder management and relationship management
- Leadership and People management skills