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Assistant Finance Manager- Treasury Operations

Habesha Breweries S.C. HQ

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Finance

Accounting

Addis Ababa

6 years

1 Position

2024-01-12

to

2024-01-15

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

Accounting

Accounting & Finance

Full Time

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Job Description

About Habesha Breweries S.C.

Would you like to be part of a Great Family? We are growing very fast with a team that is highly passionate about the beer industry. We value all our people and their desire to grow personally and professionally and their dedication to brewing the best Ethiopian beer! We care about having a company where our people love what they do and consider themselves the ultimate consumers of their own Habesha Beer. As such, we aspire to create a work environment that is equally fun and a place where happiness can be felt with the teams that we form through time. We hire for attitude and skill as much as a passion for our industry.

If the above describes who you are, then our brewery is a place where you can prosper as a leader if you put learning and excellent execution as your practice in the work environment. Join us!

Habesha Breweries S.C. is looking for an Assistant Finance Manager- Treasury Operations.

The Role

  • Ensure the company’s local and foreign financial needs are fulfilled.

  • Make sure all properties of the company are covered with appropriate insurance policies and renewed timely.

  • Manage effective banking relationships and administer the company’s loan

Result Areas & Responsibilities

Effective liquidity management and provision of foreign currency 

  •  Fulfill financial requirements of the company by facilitating and providing bank loans.

  • Provide foreign currency of 7 million Euro/as per the agreed plan for different needs of the company.

  • Provide loan scheme for employees of Habesha by corresponding with banks.

  • Ensure efficient utilization of cash by executing cash transfers from bank to bank. 

  • Prepare cash position reports and trend analysis weekly. 

Cash flow management and financing cost minimization 

  • Manage cash flow 

  • Minimize financing costs by implementing various financing cost minimization methods.  

Bank relationship management

  • Facilitate relationships between the top management of Habesha and banks.

  • Build effective banking relationships with key decision-makers for the provision of loans and foreign currency..

Shareholder transaction management 

  • Journalize shareholder transactions & reconcile every month with shareholder office.

  • Prepare and send transfer letters to banks for account-to-account dividend payments.

Property insurance management

Renew all property insurance providing all the necessary data to the insurance company.Buy a new type of insurance coverage 

Company loan managementPrepare loan applications and compile necessary documentation.Submit loan applications and required documents to banks and follow up for approval.Administer property registration after the loan approval.Prepare principal and interest schedules and follow up for timely repayment.Journalize interest, currency devaluation/revaluation accruals, and repayments.Perform reconciliation of loan accounts

Job Requirements

Education and Experience

  • Bachelor’s Degree in Finance, Accounting or business required

  • 6 years of experience

  • Strong knowledge of financial instruments, credit facilities, and treasury best practices

  • Knowledge of general treasury, forecasting, budgeting, and related accounting

  • Strong financial modeling

  • Strong written and oral communication skills, including presentation skills.

  • Strong analytical skills and attention to detail

  • Strong problem-solving and organizational skills

  • Excellent verbal and written communication skills

  • Ability to lead collaboratively

  • Excellent communication skills in dealing with internal and external customers and business partners

  • Strong analytical, financial, and systems skills, including advanced spreadsheet and modeling skills

  • Strong experience with bank reconciliations

  • Knowledge of banking systems and experience 

How to Apply

Qualified applicants should submit their applications through THIS LINK

References will be taken, and background checks will be carried out in conformity with Habesha’s HR Policy. Habesha Breweries S.C. operates within an equal opportunity policy and actively encourages diversity, welcoming applications from all persons meeting the skills and experiences required

Fields Of Study

Accounting

Accounting & Finance

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