Finance Director

About the Job:

Millennium Healthcare Enterprise is a public enterprise organized and existing under the laws of Ethiopia. It is a business firm that addresses unmet health needs, market demands, and social and environmental problems of a society and community at large. It uses a state-of-the-art laboratory facility equipped with the latest technologies to provide accurate, reliable and timely patient results with reasonable pricing model. This JV Diagnostic Laboratory Center (JV DLC) was established and operated under the Joint Venture Engagement of Millennium Healthcare Enterprise and Retina Pharmaceuticals. It strives to maximize reasonable revenues while also maximizing positive health impacts on the community and the environment. The JV DLC will offer a comprehensive range of services for patients, researchers and academicians and will contribute to meet the unmet need of the healthcare system in the country.

Job Overview:

The Finance Directorate will be responsible for overseeing all financial aspects of the Joint Venture Diagnostic Laboratory Center. This role will require a strong understanding of accounting principles, financial analysis, and budgeting. The Finance Director will be responsible for ensuring the financial health of the laboratory and providing strategic financial guidance to the management team.

Roles and Responsibilities:

• Develop and implement comprehensive financial plans, budgets, and forecasts.

• Analyze financial performance and identify areas for improvement.

• Prepare financial reports and statements, including income statements, balance sheets, and cash flow statements.

• Conduct financial feasibility studies for new projects and initiatives.

• Ensure accurate and timely recording of financial transactions.

• Oversee the general ledger and accounts receivable/payable functions.

• Prepare and file tax returns.

• Comply with all relevant accounting standards and regulations.

• Identify and assess financial risks.

• Implement strategies to mitigate financial risks.

• Manage insurance policies and claims.

• Establish and maintain internal controls to safeguard assets and prevent fraud.

• Monitor financial performance against budget and identify variances.

• Implement cost-saving measures.

• Manage cash flow to ensure adequate liquidity.

• Optimize working capital.

• Perform other duties as assigned by the General Director

Department: Finance Directorate

Reports To: General Director

Salary; - Negotiable

Qualifications:

• Bachelor's degree in Economics, Accounting, or a related field.

• Minimum of 5 years of experience in financial management, preferably in the healthcare industry.

• Strong understanding of accounting principles like IFRS & GAAP and financial analysis.

• Excellent analytical and problem-solving skills.

• Proficiency in financial software (e.g Oracle)

• Strong communication and interpersonal skills.

• Ability to work effectively in a fast-paced environment.

Additional Skills:

• Experience in joint venture management.

• Knowledge of healthcare industry regulations and compliance requirements.

• Experience with financial modeling and forecasting.

• Ability to work independently and as part of a team.

How To Apply

Please submit your academic certificate, resume and cover letter in PDF copies in a zipped doc to mhcenterprisejv@retina-pharma.com.