Company: Novel Industrial Groups (NIG) Location: Legetafo, Sheger City, Ethiopia Employment: Full-time, On-site
Reports to: Deputy General Manager / General Manager
Salary: Competitive, based on experience and capability
About NIG
Novel Industrial Groups (NIG) is an Ethiopian manufacturing company engaged in the production of personal care products, baby diapers, and medical supplies.
NIG is strengthening its management team to support business growth, strengthen market presence, and improve commercial performance.
Key Responsibilities
- Lead financial planning, budgeting, forecasting, and cash-flow management, including maintaining a reliable rolling cash-flow forecast.
- Monitor cash requirements for materials, payroll, suppliers, and other operating commitments and identify potential funding gaps early.
- Oversee manufacturing costing and product profitability, covering materials, labor, energy, packaging, and overhead costs.
- Analyze actual production costs against standards and identify the financial impact of waste, rejects, overtime, downtime, and underutilized capacity.
- Provide financial analysis to support pricing, purchasing, investment, expansion, and other management decisions.
- Oversee accurate accounting records, timely month-end and year-end closing, reconciliations, and preparation of management financial reports.
- Monitor accounts receivable, collections, supplier balances, working capital, and customer credit exposure.
- Coordinate inventory accounting and physical stock counts for raw materials, work in progress, and finished goods, and investigate significant discrepancies.
- Establish and strengthen practical internal controls covering purchasing, payments, cash, payroll, inventory, and company assets.
- Ensure compliance with applicable Ethiopian tax, payroll, pension, statutory reporting, and accounting requirements.
- Coordinate external audits and follow up on audit findings and corrective actions.
- Lead, coach, and monitor the performance of the finance team and strengthen finance processes, systems, and reporting.
- Work closely with Production, Procurement, Sales, and other departments to improve cost control, profitability, cash management, and operational decision-making.
The Ideal Candidate
We are looking for a hands-on, commercially driven, and results-oriented manager who can build markets, strengthen distribution channels, develop high-performing sales teams, and deliver sustainable revenue and profitable growth.