Senior Manager: eCommerce Finance Lead

MoMo from MTN; Johannesburg; On-site; ZAR 1,000,000 - 1,500,000; Full time

Job summary

A leading fintech company, MoMo from MTN, seeks a Senior Manager: eCommerce Finance Lead to oversee finance operations, ensuring compliance and strategic alignment while managing capital investments and financial reporting. This role demands robust experience in fintech and leadership capabilities to drive financial performance.

Qualifications

• Experience in Corporate performance management models essential.
• Minimum three years in startup business in Fintech and technology required.
• Experience as a direct report to CFO preferred.

Responsibilities

• Lead financial operations and ensure compliance throughout the organisation.
• Develop and implement financial strategy aligned with eCommerce goals.
• Provide financial reporting and risk management frameworks.

Skills

Financial and Accounting knowledge

Telecoms & FinTech knowledge

Financial modeling

Regulatory knowledge

Education

B.Com or HND in Economics or related area of study

Minimum 4 year qualification in Commerce

Tools

Business Intelligence Systems

ERP Systems

Job description

Context

Fintech is entering a new phase where operational and commercial excellence has become critical for success. We at MTN 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 Senior Manager: eCommerce Finance Lead, you will be:

• The Senior Manager: eCommerce Finance Lead will be managing, building, and directing the Finance Operations for eCommerce, responsible for the provision of accurate and high-quality financial information for the senior management team, the board, and external stakeholders to support decision making, business planning and compliance throughout the organisation.
• Deliver excellent accounting services from Capital Investments, Financial Accounting, Inventory Management/Stock Accounting and Accounts Payable functions while implementing and maintaining strong financial controls.
• Assist with record keeping, business and analysis, business planning and executing instructions from the larger Group Fintech Finance team to support E-Commerce finance operations.
• Monitor and control financial risk through ensuring the availability of accurate current financial data, and the provision of financial reporting systems that conform to business and governance requirements.
• The position holder will also be responsible for ensuring that procedures are followed to support correct accounting and controls that will result in a flawless audit.

Strategy Development and Implementation

• Lead the creation of the Finance strategy in line with the overarching business goals of eCommerce
• Ensure effective implementation of the strategy by means of providing direction, structure, frameworks, models, plans and roadmaps
• Oversee forecasting and budgeting of CAPEX and OPEX to support demand delivery and optimize resource utilization
• Define and communicate overall Finance Strategy and lead Business Plan development with respective stakeholders on an annual basis and its ongoing monitoring
• Identify and mitigate risks related to resource and capacity constraints, ensuring continuity of delivery for all financial programs and initiatives. Risk assessment and contingency planning for all projects under their responsibility
• Establish financial policies, cost controls, and risk management frameworks
• Encourage adoption of financial technology for automation and efficiency
• Represent eCommerce in key stakeholder engagements, including investors, regulators, and partners
• Define processes, policies & implement process improvements & best practices for inter-company transactions in line with Group FinTech policies & requirements

Operational Delivery

• Provide update on financial implications in forums such Exco and Operational Review
• Update CFO on progress against Business plan and Financial status of business.
• Ensure the startup new business follow Group policies procedures and processes
• Provision of timeous, accurate and relevant financial information
• Assists in the business tracking of financial and operational performance KPI’s to support the decision and planning process for the function / organisation
• To ensure proper execution of governance activities for the function / organisation through the understanding of the business road-map of the organisation
• Acts as financial liaison across the business with regards to implementation and/or interpretation of actual performance against set financial ratios and KPI’s
• May act as an interface between the Group Fin-Commerce project teams and relevant internal and external stakeholders, providing regular project reports / updates through the tracking of project progress
• Manager of self to problem solve operational challenges.
• Working with Fintech and GSM functions and local intercompany support.
• Highlight risk and long-term financial effect of company decisions taken (through financial scenario analysis)
• Performance management against set Financial targets.
• Ability to highlight cash flow needs of the Fintech business with available cash.
• Ensure cohesive working of the Finance team and assist team members in overcoming work obstacles
• Assist team with meeting targets/ deadlines as set out in operational plan.
• Assist to convert Business plan into measurable Operational plan.
• Provide information to the Fintech Group and OpCo CEO on work accomplishments, individual / team challenges
• Ensure compliance to MTN policies, processes and procedures
• Support to develop Finance skills, competency and best practice initiatives in the Opco
• Provision of financial modeling and scenario analysis against set targets.
• Assist to formalize contractual relationships with key bankers, merchants, logistic partners & GSM/MOMO operations
• Monitoring of financial best practices throughout organisation
• Monitoring of new PPP’s and system financial effectiveness
• Monitoring of financial margins for end-to-end sales process.
• Failure to secure beneficial terms with strategic Vendors
• Uncertainty of margin per product and delivery fees.
• Failure to provide accurate cashflow forecasting against set targets
• Failure to provide adequately protection of Financial Model integrity
• Incorrect financial information provided to stakeholders as basis of decision making
• Uncertainty of changing market conditions of new business initiative.

Leadership and stakeholder engagement

• Build credibility, establish rapport and maintain communication with stakeholders at multiple levels
• Prepare leadership reports for use in strategic decision-making forums
• Ensure that essential communication takes place at all levels of eCommerce
• Engage the relevant commercial operations business teams to communicate project strategy and project benefit to stakeholders
• Co-ordinate multiple internal and external development teams to meet special projects, commercial operations business requirements

The “Must-haves” we look for in an incumbent

Education:

• B.Com or HND Economics or related area of study.
• Minimum of 4 year Qualification in Commerce in related field

Experience:

• Three years in startup business in Fintech and technology industry
• Three years as direct report to CFO preferably in Telecoms/Fintech business
• Financial Accounts management
• Experience in Corporate performance management models
• Business Planning and Financial Modelling experience
• Experience on implementing BI and ERP and System automation

What will give an edge to your application

Functional Knowledge

• Financial and Accounting knowledge
• Telecoms & FinTech knowledge
• International Accounting standards
• Income Tax Act
• Industry knowledge
• Regulatory knowledge
• Product and Services knowledge

Closing date: 27 June 2025. Late applications will not be accepted.

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

Ready to make and drive the change with us. Apply now!