RENEW - Chief Finance Officer - CA plus MBA background Job Title: CFO Type: Full-time position Primary Location: Addis Ababa Reports To: CEO of METAD PLC RENEW is helping METAD, a portfolio company, to recruit for the CFO position. METAD is an Ethiopian specialty coffee company with a headquarter in Addis Ababa. METAD strives to operate on a basis of sustainable and profitable growth, increasing value for its investors, and prosperity for its workers and their families. METAD is committed to growing and sourcing the best coffees in the world. METAD is looking for a well-qualified individual to fill the following position. The Chief Financial Officer (CFO) is responsible for all financial and fiscal management aspects of the Company's operations and will assist on strategic and tactical matters as they relate to financial management and their impact to the business operations. The objective of the position is to provide strategic financial leadership, business planning, forecasting, and accounting and budgeting processes, tax, and risk management and optimize returns to the shareholders. SKILL REQUIREMENT: - Good oral and written communication skills, self-motivation, initiative, ability to work as part of a team and strong multicultural awareness. - Excellent problem solving, analytical, technical and numerical abilities are crucial. - Experience in analyzing and presenting financials on the granular level (segment level, common-size, and trend analysis, AR aging and aany other relevant analysis) QUALIFICATIONS/EXPERIENCE: - Chartered Accountant plus MBA - Demonstrated experience as a business partner and co-pilot of the Managing Director in driving controls and compliance - Experienced CFO/Finance Director with a minimum of five years of experience leading the finance function (including supply chain finance, commercial finance, financial controls, decision support, reporting, and others), preferably in a mid-size export-oriented agricultural/farm business (Agro-industry). - Exposed to best practices and global standards and their application in emerging and frontier markets, who knows how to balance global standards and local approaches in order to attain targets/outcomes while maintaining controls, compliance and performance agendas - Knowledgeable of IFRS along with its right application - Meaningful exposure to different ERPs - Ample experience leading and working across functions a business partner while keeping the finance rigor and accountability - Experience leading Information, Systems &amp; Technology and Risk &amp; Assurance (Internal Audit) departments. Ensuring the proactive and progressive attainment of the business objective CORE RESPONSIBILITIES: - Provide strategic direction and management of the Finance and Accounting functions and ensures alignment to METAD's goals leading to value creation - Participate in the preparation of the Annual Plan and Strategic Business Plans that improve the efficiency and long-term profitability of the business - Ensure the design of a robust business-decision-making framework, driving through process improvements and change initiatives that enable the budgeting, forecasting and reporting to be carried out in a consistent and effective manner - Proactively participate in benchmarking studies of coffee peers including but not limited to pricing, COGS, overheads, processing costs along with cash flows and balance sheet ratios - Ensure compliance with the company's policies, procedures, and local statutory regulations. Manage Statutory and Internal Auditors IMPLEMENTS/SUPERVISES INTERNAL CONTROLS: - Protects and preserve the company's assets to comply with financial reporting and control requirements - Establish company-wide standards for systems, data, and processes and initiate periodic updates of financial policies and procedures FINANCIAL PLANNING: - Conduct/review financial feasibility studies of new projects to assure that those projects are in line with the company's investment/business strategy TREASURY: - Build constructive relationships with key financial institutions and assure that all loan covenants are compiled with - Review the daily bank status reports and cash flow forecasts and initiate the necessary directive to optimize the use of cash across the company's operations - Identify and plan for foreign exchange requirements and currency exposure BUDGETING CONTROL: - Issue the annual comprehensive budget guidelines to all company's departments - Review periodic budget control reports of each department to assure that - Advise and follow-up on effective implementation of corrective actions based on budget control performance reports INTERNAL PERFORMANCE &amp; REPORTING: - Assure monthly financial statements are generated with quality within the specified deadlines along with been properly analyzed and in line with profitability and liquidity targets, and recommend corrective actions if needed to bring performance on course; - Assure timely and complete year-end closing in preparation for the annual audit. - Provide/review financial projections on cash budgets (i.e. monthly, annually) EXTERNAL AUDITS: - Coordinate with external auditors in planning effective and efficient audit programs; - Monitor execution of annual audits in all departments to assure their timeliness and effectiveness; - Review draft external audit reports and provide the necessary commentaries for finalizing timely; - Assure that the management letter is received from the external auditors - Assure that the recommendations in each point of management letter are adequately attended to by the respective Department Managers. - Technical Support &amp; Business Partnering competence of both the Finance and IT functions through the continuous training, development, and coaching of employees

Overseas/International

Africa

RENEW - Chief Finance Officer  

RENEW - Chief Finance Officer   ,Job Description for RENEW - Chief Finance Officer   in Renew LLC in  Overseas/International Africa for (5-15) years of experience. Apply Now!

Job Description for RENEW - Chief Finance Officer   in Renew LLC in  Overseas/International Africa for (5-15) years of experience. Apply Now!