Chief Financial Officer - Midas

MoMo from MTN; Dubai; On-site; AED 900,000 - 1,800,000; Full time

Job summary

MIDAS, a strategic JV between MTN Group Fintech and Alipay, is seeking a Chief Financial Officer to lead the joint venture’s finance function, including planning, governance and reporting across multiple jurisdictions.

The CFO will design the economic model, manage funding and intercompany charges, and defend financial positions with shareholders and authorities while ensuring regulatory compliance and strong internal controls.

Qualifications

• Minimum 4 year tertiary degree in Accounting, Finance, Economics or a related discipline.
• Professional accounting qualification such as CA, ACCA, CPA or CIMA required.
• Minimum 12 to 15 years finance experience, including at least 5 years at senior finance leadership level.
• Experience as a Chief Financial Officer, Finance Director or equivalent in a joint venture, subsidiary or entity with external shareholders.
• Experience of cross border structures, transfer pricing and intercompany charging models.
• Experience in fintech, payments, banking or telecommunications preferred.
• Experience of shareholder reporting, capital calls, audit and statutory obligations in more than one jurisdiction.
• Experience of establishing a finance function and control environment in a new or rapidly scaling entity.
• Experience of negotiating commercial terms with internal customers or affiliates.
• Experience of implementing finance systems and a chart of accounts in a new entity.
• Experience of business partnering technical and engineering functions.

Responsibilities

• Lead financial leadership, economics and fiscal integrity of the JV across planning, platform economics, funding, tax and reporting.
• Own shareholder interface with MTN and Alipay, including funding and commercial terms negotiations.
• Own the charging model for operating companies and ensure transparency and arm's length handling.
• Ensure Dubai establishment substance, transfer pricing documentation and statutory obligations.

Skills

Finance leadership

Cross-border tax

Treasury management

Financial control

Shareholder reporting

Budgeting & forecasting

Transfer pricing

JV/affiliate finance

Strategic finance partner

Financial modelling

Education

4 year tertiary degree in Accounting/Finance/Economics

CA/ACCA/CPA/CIMA qualification

MBA (preferred)

Job description

Chief Financial Officer – Midas

Location: Dubai, United Arab Emirates

MIDAS is a strategic joint venture between MTN Group Fintech and Alipay, established to accelerate the modernisation of MTN Fintech’s digital financial services platform and strengthen the delivery of scalable, secure and customer-centric fintech capabilities across MTN markets.

MIDAS plays a critical role in enabling the next phase of MTN Fintech’s platform transformation by supporting the deployment, stabilisation and ongoing operation of the new digital wallet ecosystem. The joint venture brings together MTN Fintech’s deep market reach across Africa and Alipay’s global technology, platform and digital payments expertise to deliver a more resilient, innovative and future-fit fintech operating model.

We at MIDAS believe this is a game changer in terms of our business strategy. We are looking at an incumbent to join us as we build a successful business together.

As part of your portfolio as Chief Financial Officer - Midas, you will be accountable for.:

• Financial leadership, economics and fiscal integrity of the joint venture. The mandate spans planning and performance, platform economics, funding and treasury, tax and transfer pricing, financial control and reporting, operating company revenue share and settlement, and investment governance.

• Strategic rather than administrative role. A joint venture with two shareholders, three jurisdictions of operation, capital calls, intercompany charging and a platform whose economics must work for fourteen markets cannot be run from a shared service. The incumbent designs the economic model of the business and then defends it to shareholders, markets, auditors and tax authorities.

• Hold the shareholder interface jointly with the Head of Midas, leading on funding, financial performance, economics and shareholder financial reporting to both MTN and Alipay, and is a principal counterparty in any negotiation on commercial terms between them.

• Ownership of the charging model applied to operating companies. This is the mechanism by which Midas is funded from the markets it serves. It must be transparent, arm's length, free of duplication with other Group entities and capable of withstanding challenge from operating company finance teams and tax authorities alike.

The role also carries the fiscal substance of the Dubai establishment, ensuring the free zone position, transfer pricing documentation and statutory obligations hold as the business grows and its activity spreads across three locations.

This is a senior finance leadership role requiring joint venture economics experience, cross border tax and treasury capability, control discipline in a rapidly scaling entity, and the standing to hold commercial and delivery leaders to financial rigour.

The role also carries the credibility of the numbers used to justify the joint venture. Business cases, cost to serve estimates and charging assumptions made at inception will be tested by markets and shareholders as actuals emerge. The incumbent is accountable for closing the gap between what was assumed and what is now known, and for saying so early.

The incumbent must have the following:

• Minimum 4 year tertiary degree in Accounting, Finance, Economics or a related discipline.
• Professional accounting qualification such as CA, ACCA, CPA or CIMA required.
• Minimum 12 to 15 years finance experience, including at least 5 years at senior finance leadership level.
• Experience as a Chief Financial Officer, Finance Director or equivalent in a joint venture, subsidiary or entity with external shareholders.
• Experience of cross border structures, transfer pricing and intercompany charging models.
• Experience in fintech, payments, banking or telecommunications preferred.
• Experience of shareholder reporting, capital calls, audit and statutory obligations in more than one jurisdiction.
• Experience of establishing a finance function and control environment in a new or rapidly scaling entity.
• Experience of negotiating commercial terms with internal customers or affiliates.
• Experience of implementing finance systems and a chart of accounts in a new entity.
• Experience of business partnering technical and engineering functions.

What will give an edge to your application:

• Postgraduate qualification such as an MBA.
• Continuing professional development in transfer pricing, treasury or international tax.
• Certification in treasury, transfer pricing or internal control.

Closing date: 03 November 2026. Late applications will not be accepted.

Should you not hear from us within 2 weeks of closing date, please consider your application unsuccessful.