Rainbow Foam and Mattress factory Chief Financial Officer Jobs in Ethiopia

Rainbow Foam and Mattress factory Chief Financial Officer Jobs in Ethiopia


Job Description

  • The Chief Financial Officer (CFO) of a company has primary responsibility for the planning, implementation, managing and running of all the finance activities of a company, including business planning, budgeting, forecasting and negotiations.

    Duties and Responsibilities

  • Provide strategic direction and management of the Finance and Accounting functions and ensures alignment to company's goals leading to value creation

  • Participate in 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 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

  • 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

  • Conduct/review financial feasibility studies of new projects to assure that those projects are in line with company's investment/business strategy

  • 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 company's operations.

  • Identify and plan for foreign exchange requirements and currency exposure

    Job Requirements

    Qualifications and Requirements

  • Bachelor of Arts in Business Management, Business Administration or relevant field; MSc/MA is a plus

  • Experience 10+ years and minimum of 5 years in Manufacturing Managerial positions

  • Experience in planning and budgeting

  • Knowledge of business process and functions (finance, HR, procurement, operations etc.

  • Strong analytical ability

  • Excellent communication skills

  • Outstanding organizational and leadership and problem-solving skills

    How to Apply

  • Applicants please send your cv to rainbow@ethiojobs.net or online at Ethiojobs.net

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