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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.
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Responsible for the creation and implementation of My Money financial and accounting processes, procedures, and work instructions under professional and international financial management standards.
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Approve My Money pricing structure, including customer tariffs or discounts, agent/partner commissions, and fee-share as per the business plan.
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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.
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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.
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Oversee setting up and financial management, reconciliation, and reporting of all MM Bank and institutional wallet accounts, including float, disbursement, revenue, and operational accounts on the MM platform and with various financial institutions countywide.
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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.
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Ensure timely posting of accounting entries into the ACCPAC system and continuous verification of system transactions on the mobile money system by the finance team on a day-to-day basis.
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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.
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Approve orders for MM logistics, including POS terminals, NFC stickers, stationery, marketing, and branding materials.
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Approve vendor and supplier payments as per the signed agreements.
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Approve monthly payments of ABMMC Super and Master Agent and E-Top-up Distributor commissions as per the signed partner contracts.
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Oversee the timely generation of institutional client invoices and ensure the collection of accounts receivable by the designated business managers.
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Responsible for overseeing the generation of Journal Vouchers (JV) by the MM Finance team on a day-to-day basis as per the generally accepted accounting principles.
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Ensure regular updates of records of the MM technical, administrative, financial, and operational inventory by the finance team.
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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 ongoing basis.
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Confirm finance input to various Requests for Proposals (RFPs) and ensure that bids submitted are competitive, but profitable.
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In charge of verifying and submitting monthly MM financial reports including Profit & Loss, Balance Sheet, Cash flow Statements, EMI transactions, and dashboard reports and their timely submission to ABMMC / AWCC management and Da Afghanistan Bank.
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Facilitate external auditors and ensure that all finance inputs are provided to enable the various reviews by authorized professional firms and Da Afghanistan Bank.
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Train, manage and supervise the designated staff members and ensure their compliance with professional standards and the overall performance of the My Money Finance Department.
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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 the annual business plan.
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Provide motivational leadership to the MM staff in their day-to-day business management of ABMMC.
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Adherence to all company policies, procedures and business ethical conduct.
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Ensure all accounting records and procedures are aligned to IFRS, DAB regulatory policies and AWCC group accounting policies to facilitate accounting consolidation and reporting.
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Discuss and align all ABMMC finance operational activities with AWCC finance to ensure full scope considerations before implementations.
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Ensure regular three-way reconciliation of MM transactions on the platform, from the bank, and in the accounting records.
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Any other duties as assigned by the Management.
