Head of External & IFRS Reporting

The Company

VEON is a Nasdaq-listed global digital operator that serves nearly 160m customers with connectivity a total base of 110 million monthly active users with digital services in some of the world’s most exciting frontier markets. Operating across six countries that are home to nearly 520 million people, in other words more than 7% of the world’s population, VEON transforms lives through technology-driven services that empower individuals and drive economic growth. With VEON’s Digital Operator 1440 vision and strategy, VEON Group companies redefine the engagement that telecom operators have with their customers, providing the best digital experience to customers up to 1440 minutes in a day. We transform not only the daily experience of the final users, but also support the growth of enterprises and industries as a whole by using cutting-edge technologies in AI, big-data and cloud services to serve our business customers . This is all underpinned by a commitment to sustainability, ensuring VEON’s operations are run safely and ethically while fostering digital entrepreneurship and greater digital skills and literacy in the communities in which VEON operates. VEON’s values-based approach works to strengthen trust by building a responsible and sustainable business that benefits customers, employees, communities, and shareholders. VEON’s international leadership team is drawn from experienced executives from around the world and has been led by CEO Kaan Terzioğlu since July 2021.

Position Summary

• The Head of External Reporting is is responsible for the financial data and reporting of the consolidated financial statements of VEON. To support the Director ERCA on managing the external audits and the process for preparation and publication of all external reports, disclosures, press releases and other supporting materials for external reporting, both for the Group in order to provide reports and recommendations on VEON’s financial performance, ensuring VEON external reporting is compliance and correct and to give recommendations to the GEC, Audit Committee allowing them to make informed decisions.

Key Responsibilities

• The Head of External Reporting and IFRS leads the External Reporting teams to manage the last mile of finance and ensure compliance with US reporting requirements. The Head of ER effectively leads a team of 3 finance professionals, including 1 team members in the Shared Service
• He/she will develop a strong relationship with the company Senior Management, external providers and company auditor to drive VEON Group Reporting and Accounting matters.
• In addition, he/she will provide support to the Accounting and reporting managers and team in the ERCA function to realize a clear and well communicated Accounting and reporting strategy throughout the HQ and Group supported by up to date policies and procedures.
• External reporting in the US (SEC), including management of inputs from other functions (Treasury, Tax, Legal) and stakeholder management (Group CFO, Board Audit Committee)
• Review and obtain approval from Director ERCA of a number of key external and internal reports, ensuring they provide a fair representation of the financial situation
• The Head of External reporting promotes and facilitates a culture of transparency and risk awareness and financial reporting controls

External Reporting- Manage the timely and accurate preparation of financial documentation for external reporting purposes at the Group and BU level including the preparation of quarterly press releases (in alignment with investor relations function)

• Identify critical issues at the Group and BU level and escalate to enable report submission
• Support the Director ERCA with:
• Capital market transactions (e.g. IPOs and debt issuances), M&A transactions (inc. group restructuring, acquisitions and disposals) and Corporate Finance, Investor Relations and other teams.
• Valuations, inc. financial modeling (e.g. for impairments, PPAs etc. reviewing business plans and adjacent value drivers)

IFRS and Accounting Manual, Policies and Procedures- IFRS methodology and compliance across the VEON group including the VEON Accounting Manual

• Training preparation in alignment with the quarterly accounting forum External Audits: - Support the Director ERCA on ensuring an effective management of the auditing process performed by external auditors
• Ensure Sarbanes-Oxley controls are effective/maintained in external reporting process
• Escalate and ensure solutions to all technical accounting and audit-related matters
• Support the Director ERCA on all critical accounting position papers for the Group Special Projects:- Lead and participate in any special projects as requested by Director ERCA

Tooling : - Custodian of the ER tools utilized at HQ (Workiva) managing relationship with the vendors, contract and maintenance of the tools.