Eagle Hills Ethiopia Head of Finance Jobs in Ethiopia
Eagle Hills Ethiopia Head of Finance Jobs in Ethiopia
Job Id: 199081
Category: Accounting and Finance, Management
Location: Addis Ababa, Addis Ababa
Career Level: Managerial Level (Manager, Supervisor, Director)
Employment Type: Full time
Salary:
Job DescriptionJob Title: Head of Finance
Performance Level: Management
Reports To: General Manager
Location: Ethiopia
Department/ Section: Finance
Job PurposeResponsible for all financial, technology, risk management, business process and purchasing activities within the country by implementing overall financial strategy of Eagle Hills, leading financial activities related to projects, monitoring and reporting on financial performance of country and projects.
Lead financial activities related to project development and execution and ensure appropriate control and reporting on project financial performance.
Job DimensionsNumber of Staff Supervised
Direct Reports:3
Indirect Reports:0
Financial Dimensions: As per Delegation of Authority
Key AccountabilityResponsibilities Define the country’s finance strategy in line with the company’s overall strategy and mission
Implement the Finance function’s strategy in the country in alignment with the company’s strategy in order to achieve financial and investment targets
Develop the country’s annual budget, CAPEX and OPEX in collaboration with the CFO and in alignment with the overall company’s budget.
Review country and projects budgets to ensure alignment with Eagle Hills’ financial targets
Provide senior management with data, analysis and expert advice to make informed decisions on critical issues
Implement and adapt to local requirements the company’s finance and accounting policies, procedures and principles within the country and projects
Develop finance policies and processes when not provided by Head Office
Responsible for implementing the Country’s Delegation of Authority
Lead the finance function and direct the finance function at country levels
Establish the Finance function as a key service provider and partner to the business in support of the country and projects financial strategy
Ensure corporate financial and controls are adhered to within the country and projects
Establish processes and systems in order to monitor and report on financial performance of the country and its projects
Monitor and report on projects financials against approved budgets to ensure delivery of targeted financial returns
Implement internal control framework to effectively manage financial risks and safeguard the company’s assets
In conjunction with Corporate Finance, develop and implement a strategy for raising funds aimed at minimizing the company’s exposure to risks
Engage with relevant internal and external stakeholders
Provide timely and accurate financial reports, summaries, and forecasts are provided to shareholders, management, banks, and auditors when required
Maintain effective working relations with bankers, auditors, and other key external stakeholders
Manage financial resources to satisfy the Company’s commitments to shareholders and creditors
Review and monitor financial activities for projects
Oversee all financial aspects of development activities including financial modelling, feasibility analysis, funding, structuring and taxation
Review
research of market conditions, tax regulations, and regulatory regimes and assess impact on project budget, funding and revenues
Prepare project budgets while ensuring alignment with the company’s strategy, revenue targets, and investment strategy
Develop a funding strategy for projects to maximize profits
Develop funding strategies for products in alignment with the overall project funding strategy
Review project feasibility studies to make sure they are in line with company’s strategies and objectives and will deliver projected financial returns
Contribute to negotiations with 3rd party and preparation of MoUs, Joint Ventures and partnership agreements
Review and advise on various strategies that have a financial impact on the project (development strategy, phasing strategy, procurement strategy, cost plans, sales and marketing plans) by providing market and financial information as required
Provide timely updates on financial data for each country and project
Prepare month-end closing financial performance reports and project reports
Escalate financial issues to the CFO when required
Approve large value payments for suppliers, contractors and consultants in-line with Company’s Authority Matrix, and seek approval from the CFO when needed
Align the procurement and IT strategic in line with the company’s overall strategy and mission
Ensure IT and procurement structure is positioned as a key service provider and partner to the business as per Eagle Hills’ long term technical operating strategy
Monitor the IT and procurement budget, technology investments, IT and procurement roadmap, governance and business partners
Ensure IT security, data management, ERP, network and digital requirements and services implement the required infrastructure, applications, technology and resources
Ensure procurement Oracle, purchasing and contract requirements are aligned with DoA
Span of Communication
Internal: Finance (HO), Business Development, Development, Contracts, Procurement
External: Banks, subsidiary and associate companies, and third party customers
Job Relevant Information (Boundaries & Decision Making Authority)
In accordance with job responsibilities and established delegation of authority
Job Requirements
Qualifications, Experience, & Skills
Required Qualifications:
Bachelor’s Degree in Economics, Finance or Accounting
Qualified accountant CA, ACCA, CPA or equivalent
Preferred Experience:
10 - 12 years of experience in finance for a real estate development / construction
8 years of experience in a managerial position
Job Specific Skills:
Excellent and proven financial and business acumen
Proven experience leading large and complex financial portfolio
Exposure to investment, real estate and emerging sectors
Competencies
Key Performance Indicator (KPI)
Operations Management
Planning & Organizing Work
Communication & Influence
People Management & Development
Delivers Results
Continuous Improvement
% variation from country budget (forecasted versus actual)
Average ratio of actual to planned project profit
Number of amendments to project budget
How to Apply
Application procedure
Applicants can send their application letter and CV via ethiojobs.
Only short listed candidates will be contacted.
Eagle Hills Ethiopia Head of Finance Jobs in Ethiopia
