Finance Business Partner

Job Summary

Purpose of the Position

 As a key member of the management team of the company, the Finance Business partner will report to the Finance Manager. The role will have primary day-to-day responsibility for planning, implementing, managing, and controlling all financial-related activities of the company. This will include direct responsibility for accounting, finance, forecasting, legal, property management, deal analysis and negotiations, and partnership compliance and private and institutional financing.

DUTIES AND RESPONSIBILITIES

1. Facilitate the creation of the company’s strategic planning and budget models.
   • Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives. 
   • Ensure credibility of financial reports by providing timely and accurate analysis of budgets, financial trends and forecasts. 
   • Direct and oversee all aspects of the Finance & Accounting functions of the organization. 
   • Evaluates and advises on the impact of long-range planning, introduction of new programs/ strategies and regulatory action. 
   • Establish and maintain strong relationships with senior executives so as to identify their needs and seek full range of business solutions. 
   • Provide executive management with advice on the financial implications of business activities. 
   • Manage processes for financial forecasting, budgets and consolidation and reporting to the Company. 
   • Provide recommendations to strategically enhance financial performance and business opportunities. 
   •  Maintain an up-to-date awareness of fiscal, economic, governmental, and other relevant market drivers and developments.
2. Accounting and Reporting
   • Deliver the monthly financial report for the management including budget/forecast actual variance analysis and recommendations

   • Ensure month-end reports are delivered accurately and on time, with explanations of key trends and variances.

   • Process adherence on NAV system related to General ledger,accruals and related reconciliations

   • Ensure reliability and integrity of accounting records (accounts and cost centers, capex vs opex)

3.  Plan, monitor and control all operational financial activities associated with the company (Accounting, Tax, Cash & Risk management) – The Finance Business partner will work closely with Treasury and tax team to

   • Coordinate yearly financial audit and work with Tax team related to any tax audit.

   • Ensure all relevant policies from Corporate are effectively implemented and adhered to within the finance function.
   • Ensure regulatory compliance on all matters associated with financial activities.
   • Maintain effective risk management practices, insurances, and audit procedures.
   • Maintain optimal Cash management practices.
   • Any other tasks as may be required from time to time.
4. Audits & Due diligence
   • In coordination with Finance teams, apply and put in place recommendations made by internal audit (or financial auditors) to guarantee compliance with financial standards and corporate governance.

   • Coordinate yearly financial audit and work with Tax team related to any tax audit.

5. Effectively lead and develop people in area of responsibility. 
   • Coaches and guides direct reports.
   • Conducts performance appraisal process.
   • Ensures training needs are met and personal development plans are established and monitored.

   • Create a high performing Finance team through leadership and individual/team development plans.

COMPETENCIES: -

Functional competency

FFunctional knowledge of manufacturing finance, Inventory & cost accounting is a must with minimum 7 years of experience with FMCG background. There should be 2 to 3 years of experience in a supervisory role and handling a team of 4 to 8 people.

Other competencies

• Passion 
• Teamwork 
• Knowledge and Skills
• Integrity 
• People managemnet 
• Planning and Organizing 
• Communication

• Analytical Thinking

QUALIFICATIONS REQUIRED

Experience:

• MSc in Finance and Accountion/MBA /Part Qualified Accountant 

• Minimum 7 years financial, commercial & market experience in accounting/analytical roles with FMCG sector experience and experience of managing teams.   

  Must have experience of: 

• Business Performance evaluation 
• Budgeting & Forecasting for multiple business units
• Good internal/external communicator being able to build strong relationships, influencing and presenting at a senior level   Desirable
• Working experience in Ethiopia

• Knowledge of local market environment & trends, government policy and regulatory requirements

Application instruction

Please title your application with subject line: -"Finance Business Partner"

Candidates meeting the above-required qualifications are invited to send their CV through   careers@samanu.com  

Only those applicants who meet the above criteria will be contacted for an interview.

Application deadline: August 6,2024