Our group operates two complementary business entities in Ethiopia: a manufacturing facility specializing in the production of oxygen gas cylinders and a diverse range of industrial and specialty gases, and a trading and distribution company specializing in the import and distribution of LPG.
The Finance Manager will serve as the senior financial steward across both entities, providing the Board with reliable, timely, and insightful financial information.
ROLE SUMMARY
The Finance Manager is responsible for the full cycle of financial management across the manufacturing and trading entities from day-to-day bookkeeping and cost control to period-end reporting and cash flow management. The role demands a strong command of industrial cost accounting, the ability to allocate direct and indirect costs across product lines, and the analytical capability to translate financial data into actionable business intelligence for group leadership.
KEY RESPONSIBILITIES
A. Financial Reporting
Prepare accurate and timely monthly, quarterly, and annual financial statements (Income Statement, Balance Sheet, Statement of Cash Flows) for both the factory and trading company.
Consolidate and present group-level financial reports to the Board.
Ensure compliance with applicable accounting standards and local regulatory requirements (Ethiopian GAAP / IFRS as applicable).
Maintain a consistent reporting calendar and ensure zero-tolerance for material reporting errors.
B. Cost Accounting & Cost Allocation
Design and maintain a robust cost accounting system for the manufacturing entity covering raw materials, direct labor, factory overhead, and utilities.
Perform cost allocation across product lines (oxygen cylinders, other gas cylinders, specialty gases) using appropriate costing methods (job costing, process costing, or activity-based costing).
Analyze production variances (material, labor, overhead) and present findings with corrective recommendations.
Calculate unit cost per cylinder and per gas type to support pricing decisions and profitability analysis.
Differentiate and track cost behavior (fixed, variable, semi-variable) to support break-even and contribution margin analysis.
C. Cash Flow & Treasury Management
Prepare weekly and monthly cash flow forecasts for both entities and maintain real-time visibility of the group’s liquidity position.
Manage accounts payable and receivable cycles to optimize the cash conversion cycle.
Coordinate with banks for day-to-day banking operations and assist in preparing documentation for credit or trade finance facilities.
D. Internal Controls & Compliance
Establish and enforce internal financial controls and approval workflows appropriate for a manufacturing environment.
Oversee inventory valuation, fixed asset register, and depreciation schedules for plant, machinery, and cylinders.
Ensure timely filing of tax returns and compliance with Ethiopian tax regulations (VAT, withholding tax, corporate income tax).
Liaise with external auditors and facilitate the annual audit process.
Reporting To: Board of Directors
Industry: Industrial Gas Manufacturing & Trading
Employment Type: Full-Time
Languages Required: English
CORE REPORTING DELIVERABLES TO BOARD OF DIRECTORS
Report
Frequency
Scope
Income Statement (P&L)
Monthly / Quarterly / Annual
Factory + Trading (separate & consolidated)
Balance Sheet
Monthly / Annual
Both entities
Cash Flow Statement
Monthly / Annual
Both entities
Cost Report
Monthly
By product line / gas type
Production Cost Variance Report
Monthly
Material, Labor, Overhead variances
Cash Flow Forecast
Weekly / Monthly
14-day & 3-month rolling
Accounts Receivable Aging
Monthly
Trading company
Tax & Compliance Filing Summary
Quarterly
VAT, WHT, CIT
About You
REQUIRED QUALIFICATIONS
Academic Background
Bachelor’s degree in Accounting, Finance, or a related field (mandatory).
Master’s degree in Finance, Business Administration (MBA), or equivalent (preferred).
Professional certification: CPA, CMA, ACCA, or equivalent internationally recognized qualification (preferred).
Experience
Minimum 7 years of progressive financial management experience, with at least 3 years in a Finance Manager or Senior Finance role.
Demonstrated hands-on experience in a manufacturing or industrial environment — experience in gas, chemical, or heavy industry is a distinct advantage.
Proven track record in cost accounting, cost allocation, and factory costing systems.
Experience in managing financial reporting for multiple legal entities or a group structure.
Prior experience in Ethiopia or East Africa is preferred; understanding of Ethiopian tax and regulatory environment is an advantage.
Technical Skills
Strong command of financial reporting standards (IFRS or Ethiopian GAAP).
Advanced proficiency in Microsoft Excel (financial modelling, pivot tables, scenario analysis).
Experience with ERP systems (SAP, Oracle, Odoo, or similar); ability to implement or improve accounting systems.
Sound knowledge of cost accounting methodologies: standard costing, job/process costing, activity-based costing.
Solid understanding of tax regulations and statutory compliance requirements in Ethiopia.
Method of Application
Apply on [email protected] or send your cv on telegram +251954985698
or in person Office Address: 3rd Floor, the new building located near the former Yod Abyssinia, the same building where Agrishare is located, Addis Ababa. Bole Bras \
within Fifteen working days from the date the vacant post is announced
For further information and clarification call on 0954 985698