Finance Head

at Getasew Ayalew Import Export
Location Bahir Dar /TOP EDIBLE OIL FACTORY/, Amhara, Ethiopia
Date Posted July 3, 2021
Category Accounting
Job Type Full-time
Currency ETB


Job post for Finance Head

Main purpose of the job: To ensure that support Finance department by structuring and managing, organizing relationships between a diverse group of constituents, and in performing operational and finance related duties.

Main Duties and Responsibilities:


  • Maintain a documented system of accounting policies and procedures
  • Manage outsourced functions
  • Oversee the operations of the treasury department, including the design of an organizational structure adequate for achieving the department's goals and objectives

Funds Management

  • Forecast cash flow positions, related borrowing needs, and available funds for investment
  • Ensure that sufficient funds are available to meet on-going operational and capital investment requirements
  • Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
  • Maintain banking relationships
  • Assist in determining the company's proper capital structure
  • Arrange for equity and debt financing
  • Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows


  • Manage the preparation of the company's budget
  • Report to management on variances from the established budget, and the reasons for those variances
  • Assist management in the formulation of its overall strategic direction

Financial Analysis

  • Engage in on-going cost reduction analyses in all areas of the company
  • Review the performance of competitors and report on key issues to management
  • Engage in benchmarking studies to establish areas of potential operational improvement
  • Interpret the company's financial results to management and recommend improvement activities
  • Review company bottlenecks and recommend changes to improve the overall level of company throughput
  • Participate in target costing activities to create products that meeting predetermined price goals
  • Assist in the determination of product pricing in relation to features offered and competitor pricing
  • Compile key business metrics and report on them to management
  •  Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis
  • Create additional analyses and reports as requested by management
  • Other activities and duties as instructed by immediate supervisor

Essential Competencies:

  • Energetic, self-starter, organized and ability to work under pressure.
  • Good organizational, interpersonal and time management skills.
  • Excellent written and verbal communication skills.
  • Demonstrated ability to work effectively with others at all levels.
  • Ability to prioritize and manage multiple functions (documentation of minutes and summaries, follow up on issues, attending meetings, planning and handling of logistics, etc.)
  • Ability in the application of computer packages and typing skills.
  • Firm belief in teamwork and gender equality
  • Commitment to values and working styles of TOP.

Reporting to: Factory GM

Section:  Finance

Job Requirements

Education, Experience and Skills/Person Specification:

  •  Minimum .Degree in Finance and Accounting.
  • Experience: 6 years of experience in FMCG sector and 2 years in managerial positions. 


Applying Instructions

Interested candidates are invited to submit their application  letter enclosed with only detail CV written in English through or via our e-mail address, by  July 7th  2021 at the latest, referring the position title and Vacancy number in the subject line of your email; no photocopies of educational/training certificates is required at this stage.

 Only shortlisted candidates will be contacted.

We strongly encourage qualified women to apply!

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