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Director of Finance

Ethiopian Engineering Corporation

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Finance

Accounting and Finance

------

15 years

Position

2020-12-30

to

2021-01-09

Required Skills
Required skills have not yet been specified for this position this job
Fields of study
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Full Time

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Job Description

Job Summary

Ethiopian Construction Design and Supervision Works Corporation (ECDSW Co.) is transforming and diversifying from the current consultancy business operations. Taking advantage of the existing ECDSW Co.’s strength and maximizing on the newly emerging external opportunities that are being prevalent with the shifts in Ethiopian Economic Policy – the Corporation is aiming to play a significant role to the success of the Ethiopian Construction Industry -by creating a vibrant business institution that will not only fill the gap that is in the current construction industry, but also replace the need for having international construction companies that are dominating the government mega scale projects.

To this, the Corporation is emerging as an Engineering and Investment Group. The proposed name of the Group is ‘’Ethiopian Engineering and Investment Group (EEIG)’’. The Group will comprise of three main operational business units i.e., Consultancy, Construction and Investment.

EEIG-Construction business unit key activities are high-end complex construction projects, predominately high-rise commercial and residential buildings, real-estate; infrastructure (roads, railways and airports) & water and energy sector construction. EEIG-Construction alone would grow into a conglomerate of several business units including Piling, underground and foundation Works, Fit-Out, Energy (Solar Solutions), Electro- Mechanical Solution, Facility Management, Landscape and Construction Materials Production.

EEIG Construction is launched with the vision of being the best construction company in Ethiopia with a strategy of Timeously executing high-end complex projects, by utilizing proactive management skills as a Design and Build Contractor in order to achieve an optimum return and aspiring to be a competitive and preferred choice that can replace the current dependence on international contractors and deliver excellence. EEIG Construction will uphold Courage, Integrity, Reliability, Value for its People and Innovation as its core values.

As its first project – EEIG is going to build a 30 Floors High-rise Headquarter Building in the city center of Addis Ababa – that will be design and build by its inhouse consultancy and construction business units.

Scope:

Director of Finance is responsible for overseeing the financial operations and financial planning of EEIG Construction. He/she – shall ensure the smooth running of EEIG Construction’s finances by assessing financial markets, identifying solutions to financial issues, and preparing reports.

The Director plays an invaluable role – in making EEIG Construction Cash Positive and Profitable at all times- by the proper management of Cashflow.

Responsibilities: 

  • Oversee the financial strategic planning of the company by evaluating its performance and potential risks.
  • Perform regular financial analysis.
  • Develop budgets that meet the requirements of company departments.
  • Establish targets and manage all accounting and finance employees including management accountants and internal auditors.
  • Supervise all audit and internal control processes.
  • Prepare detailed reports on the company’s financial performance.
  • Guarantee compliance with financial laws and guidelines.
  • Recognize patterns in company spending, revenue, and recommend solutions to any problem areas.
  • Coordinate with external financial entities on behalf of the company.
  • Plan, organize and execute financial tasks and projects of the organization.
  • Make estimates of funds required for short and long-term financial objectives of the organization.
  • Complete financial reports, lead month-end closing process and conduct monthly financial forecast.
  • Develop and implement plans for budgeting, forecasting and reporting.
  • Achieve proper mix of equity and debt to minimize cost and maximize operational profit.
  • Strategize on fund procurement through banks and other financial institutions.
  • Prudently make investments on assets that maximize returns.
  • Provide financial insight and analysis to drive the business performance of the organization.
  • Manage and monitor metrics, KPI tracking and reports.
  • Evaluate financial performance of the organization and measure returns on investments.
  • Understand and calculate risks involved in the financial activities of the organization.

Reporting to:      

  • CEO

Job Requirements: 

  • Degree in Finance/Accounting/ Economics or related fields.

Experience:

  • Minimum 15 years proven work experience as a Finance Director, Finance Manager or similar role.
  • The ideal candidate shall have an international experience/or worked with international companies here in Ethiopia – and have a proven track record of the successful management of the mentioned functions.

How to Apply

Interred and qualified applicants can apply through ethiojobs.net 

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