Finance Manager 3 views

About the Job

The Finance Manager leads the organization’s financial strategy, planning, and overall performance to ensure sustainable growth and strong financial governance. The role is responsible for budgeting, directing, and controlling all financial activities, including financial reporting, cash-flow management, and internal controls while ensuring full compliance with accounting standards, tax regulations, and legal regulatory requirements.

Key Responsibilities

Financial Planning & Reporting

• Lead the organization’s financial strategy (financial forecasts and long-term financial plans), planning and budgeting process
• Monitor financial performance, profitability, and cost optimization initiatives
• Produce weekly, monthly, and quarterly financial management reports.
• Review income statements, balance sheets, cash flow statements, and performance dashboards.
• Analyze operating costs, gross margins, profitability trends, and business performance.
• Present financial insights to senior management for strategic and operational decisions.
• Lead annual audits and coordinate with external auditors and stakeholders

Accounting & Internal Controls

• Maintain accurate and up-to-date books of accounts, general ledger, and subsidiary ledgers.
• Ensure month-end closing procedures are completed accurately and on time.
• Implement and improve internal controls, accounting processes, and financial policies.
• Identify outdated procedures and propose process improvements to enhance efficiency.
• Manage tax compliance including VAT, withholding taxes, and pension/social security filings.

Inventory, Stock Control & Reconciliation

• Oversee proper tracking of stock movements, GRVs, supplier invoices, and warehouse documentation.
• Conduct weekly and monthly reconciliations between physical stock, warehouse records, and accounting systems.
• Investigate inventory variances, shrinkage, and mismatch issues and implement corrective actions.
• Ensure strong collaboration between the warehouse, operations, procurement, and finance teams.

Cash Flow, Working Capital & Liquidity Management

• Monitor daily cash balances, bank positions, and liquidity requirements.
• Manage cash flow planning, budgeting, and working capital controls.
• Monitor receivables, payables, and AR ageing; escalate overdue balances and ensure timely settlements.
• Follow up all rent are collected timely
• Reconcile bank accounts monthly and resolve discrepancies immediately.

Audits, Tax & Regulatory Compliance

• Ensure statutory and regulatory compliance with Ethiopian accounting standards and tax laws.
• Coordinate internal and external audits and respond to audit inquiries.
• Prepare and provide audit files, schedules, financial statements, and data as required.
• Implement recommendations from audits to strengthen system controls and governance.

Team Leadership & Stakeholder Collaboration

• Supervise, train, and evaluate finance and accounting team members.
• Collaborate with warehouse, sales, rent , procurement, and operations teams to ensure financial discipline.
• Provide financial insights and guidance to management for business growth and operational decisions.

Weekly / Monthly Performance Deliverables

• Weekly reporting: Cash flow position, inventory variance report, receivables/payables update.
• Monthly stock reconciliation report with variance explanation and corrective actions.
• Monthly management accounts package with budget vs actual variance analysis.
• Monthly tax filing, payroll reconciliation, and bank reconciliation.
• Perform other duty when and as by the your supervisor .

• Bachelor’s Degree in Finance, Accounting, or related field.
• Minimum 6 years of relevant finance experience, ideally within trading industry.
• Proven experience in budgeting, financial reporting, and cash-flow management
• Strong knowledge of accounting standards and financial regulations
• Experience managing audits, tax compliance, and statutory reporting
• Strong financial systems knowledge, MS Excel proficiency, and accounting/ERP system experience.
• Experience with ERP/accounting systems