Job Description
The Finance Manager will oversee and manage all financial operations of a multi-outlet restaurant business, ensuring accurate reporting, compliance with Ethiopian financial regulations, and effective financial planning. The role is based in Addis Ababa at the central finance office, coordinating with outlet managers and the executive team.
Key Responsibilities
Financial Planning & Analysis
- Develop annual budgets and financial forecasts for the company and individual outlets.
- Monitor financial performance against budgets and provide variance analysis.
- Conduct profitability analysis of outlets and recommend cost optimization strategies.
Accounting & Reporting
- Oversee daily accounting operations at the central office.
- Ensure timely preparation of monthly, quarterly, and annual financial statements.
- Consolidate financial data from all outlets into central reports.
- Maintain compliance with Ethiopian tax laws, accounting standards, and regulatory requirements.
Cash Flow & Treasury Management
- Monitor cash flow across outlets and central operations.
- Manage banking relationships and oversee deposits, payments, and reconciliations.
- Ensure adequate liquidity for operational needs and expansion projects.
Internal Controls & Compliance
- Establish and enforce internal financial controls across outlets.
- Conduct audits of outlet financial records to ensure accuracy and prevent fraud.
- Ensure compliance with Ethiopian Revenue and Customs Authority (ERCA) regulations.
Payroll & HR Finance
- Supervise payroll processing for central office and outlets.
- Ensure compliance with labor laws and statutory deductions.
- Support HR in financial aspects of employee benefits and compensation.
Strategic Support
- Provide financial insights to support expansion decisions (new outlets, renovations, franchising).
- Advise management on investment opportunities and financing options.
- Support negotiations with suppliers and landlords by providing financial analysis.
- Close annual finance statements and auditing summary accurately
Team Leadership
- Lead and mentor the central finance team.
- Coordinate with outlet managers to ensure proper financial reporting.
- Train outlet staff on basic financial procedures and compliance
Requirements
- Proven experience in financial management, accounting, and financial reporting
- Experience in budgeting, financial forecasting, and variance analysis
- Strong knowledge of Ethiopian tax laws, accounting standards, and regulatory requirements
- Experience in cash flow management, banking operations, and financial reconciliations
- Experience in establishing and maintaining internal controls and conducting financial audits
- Familiarity with Ethiopian Revenue and Customs Authority (ERCA) regulations
- Experience in payroll processing and compliance with labor laws and statutory deductions
- Ability to analyze financial performance and provide strategic recommendations
- Experience in consolidating financial data and preparing financial statements
- Proven ability to lead, mentor, and manage a finance team
- Strong coordination skills to work with multiple outlets and departments
How To Apply
interested and qualified applicants should submit their updated CV here on the website or through email to “[email protected]” using the subject line “Finance Manager”
