Job Summary

Hadero coffee company, has established coffee roasting factory at Jackros (Bole Sub City) , Addis Ababa, Ethiopia. Hadero adds value on green coffee and supply to local and international market. hadero is looking for highly motivated and experience personnel to fill the following position

Post Title:  Assistant Finance Manager

Place of work: Addis Ababa

Salary : Based on Company scale 

Required : One

Term of employment: Indefinite period (Permanent)

Scope and General Purpose:

Assistant Finance manager will provide the financial expertise to enable the successful implementation of the service strategy and corporate initiatives while ensuring excellent financial performance. As a manager of Finance you will be responsible for achieving financial goals within the company. You will develop and implement company-wide strategies that deliver products and services to meet or exceed the needs and expectations of the customers. You will also create and execute a business plan that goes hand in hand with the corporate image and focus on the execution of financial and accounting activity.

Main Duties:

• Supervises and directs the financial activities of the company, safeguards the assets, and prepares all financial reports in accordance with generally accepted accounting principles and Hadero’s standards.
• Maintain effective cash control system with audits and reports for each period.
• Review security over assets and auditing inventories.
• To take a strategic lead on the financial aspects of capital applications.
• To prepare the financial forecast and ensure that it is an integral part of the strategic plan. 
• To lead on the preparation of the annual budget for submission to the board for their approval. 
• Monitor and update the progress of the organization towards meeting its key financial objectives.
• Reviews, analyzes, modifies, and implements efficient and effective accounts receivable processes, policies, and procedures.
• To provide appropriate professional advice to the Senior Leadership Team 
• To represent the management on all relevant issues with external agencies and stakeholders 
•  Manage ongoing banking relationships for maximum efficiency.
• Develop cash flow forecasting and maintain a long term cash forecast.
• Oversee the annual insurance renewal process and ensure appropriate coverage is maintained at all times.
• Ensure appropriate legal review of contracts and solicit external legal advice as required.
• Manage the financial system, ensuing maximum productivity and that it meets the needs of the business today and the future.
• Oversee the continuous improvement of accounting and financial processes and the development of the team with the goal to achieve best practices and optimal output.
• Develop and oversee accounting policies and procedures to meet both current and future business models.
• Oversee the external audit, review and analyze results and recommend for approval of audited financial statements.
• Prepare the financial section of the annual corporate report.
• To ensure that the most suitably qualified personnel are felled in the event of a vacancy - wherever possible this should be an internal promotion.
• Carry out strict control over all pertinent leases, contracts, agreements, and restrictions.
• Knowledge & follow up of local & regional tax laws and laws dealing with production company.
• Prepare special financial analysis as needed and /or requested by the General Manager.
• Work on practical solutions from a cost vs. benefits viewpoint.
• Actively participate in management Committee and staff meetings.
• Assist Finance manager in analysing statements and other financial data.
• Support and comply with Hadero standards and corporate standard operating procedures’ (SOP).
• Schedule and coordinate the preparation and presentation of the annual operating budget.
• Coordinate all aspects of the capital expenditures budget according to SOP.
• Review financial statements for inaccurate data and make corrections within the following period.
• Inform the Finance Manager and/or General Manager about current and potential financial problems.
• Keep management informed of sales and profit attainment throughout the period.
• Coordinate the property's finance department labour management system.
• Approve all major accounts for credit as defined by Hadero policy.
• Conduct credit and write-off meetings as requested.
• Submit accurate and timely critiques and credit loss reports as required.
• Review all major banquet functions and group accounts for proper account settlement prior to arrival.
• Aggressively fulfill the accounts receivable management responsibilities to maximize receivable realizations.
• Complete financial required reports and requests from sister companies. Establish other reports or documents, outside of SOP's as needed.
• Work with Department Managers to control inventory balances according to established realistic pars.
• Maintain and update job descriptions and standards for the department.
• To act as Finance Manager when required.
• To attend Management Meetings as required and conduct monthly departmental meeting with his/her employees.
• To ensure accurate and on time submission of all reports and administrative work.
• To monitor updates and scan the environment and seasons within the industry and make suggestions how these could be implemented so that the company will maximize the benefits.
• To display a high degree of professionalism and integrity as befitting a member of management.
• To establish and maintain close working relationships with all departments of the company to ensure maximum cooperation, productivity, morale and guest service.
• To display fair treatment with respect to disciplinary action and provide supportive documentations
• To support and participate in all company programs, policies and procedures with special emphasis on the orientation of new employees.
• To hold regular performance appraisals with all staff, identifying areas for development and training needs and ensuring that this training is effect.
• To carry out or ensure that regular On-the-Job training is taking place to the required standards
• Performs other job-related duties as required.

Job Requirements

• B.A degree in Accounting & Finance
• Minimum of 5 years of experience out of which at least 2 years in senior/supervisory position in any business organization

Additional requirements:

• Team working skills
• Communication skills
• Leadership skills
• Willing to work long hours

How to Apply

Application Procedure

Interested candidates shall provide Up-to-date CV with (Salary history; Daytime telephone number and or an e-mail address) through one of the following address until January 09, 2020:

E-mail: hc.manager@hadero.com

In person to Addis Ababa, company’s main location around Jakros next to Meta.

For further information, please contact HC department using +251-6670708

NB: Only the short listed applicants will be contacted prior to the interview