Chief Financial Officer - Midas
MoMo from MTN · Dubai, United Arab Emirates
Tailor my CV for this job — freeChief Financial Officer – Midas
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.Ready to make and drive the change with us? Apply now!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.