Organization & Background
OVID Holdings is a multi-sector holding company operating across diverse subsidiaries spanning construction, real estate, manufacturing, furniture, industries, and trading. OVID Holdings is looking to recruit an experienced, energetic, and committed Chief Financial Officer (CFO).
HST, a professional services firm operating in Ethiopia, has been engaged by OVID Holdings to support the recruitment process for this position.
Position: Chief Financial Officer (CFO)
- Job Title: Chief Financial Officer (CFO)
- Employment Type: Permanent
- Location / Place of Work: Addis Ababa, Ethiopia
- Remuneration: Competitive and negotiable
- Application Deadline: August 30, 2026
Position Purpose
The Chief Financial Officer (CFO) is expected to provide strategic financial leadership to consolidate financial oversight, optimize enterprise-wide capital structures, drive corporate-level risk management, and spearhead transformative growth initiatives, including M&A, capital restructuring, and potential future listings to support the successful achievement of OVID Holdings’ business objectives.
Key Duties and Responsibilities
Partner with the Board of Directors and Holdings DCEO to formulate, execute, and scale OVID’s long-term corporate strategy and financial roadmap across all subsidiaries.
- Oversee enterprise-wide capital allocation, determining the optimal distribution of capital and liquidity among high-growth sectors and stabilizing cash generators; lead capital-raising initiatives, structured finance transactions, and strategic debt/equity financing.
- Evaluate major capital expenditure proposals, joint ventures, mergers, acquisitions, and strategic investments across the portfolio; direct financial due diligence and post-merger integration.
- Establish and enforce rigorous, standardized corporate financial policies, controls, and compliance frameworks across all subsidiary operations.
- Oversee corporate-level financial consolidation, budgeting, forecasting, and master reporting to provide the Board with real-time visibility into enterprise health.
- Maintain a high-level review mechanism for subsidiary performance, providing rigorous oversight while empowering independent subsidiary finance teams to manage daily operations; mentor, guide, and collaborate with subsidiary finance teams.
- Design and manage a centralized corporate treasury strategy to optimize Holdings’ liquidity, foreign exchange exposure, and banking relationships with local and international financial institutions.
- Mitigate macro-economic, financial, and operational risks across diverse sectors, implementing robust hedging and internal audit mechanisms; ensure rigorous compliance with statutory financial reporting, IFRS, and tax regulations.
- Serve as the primary financial spokesperson for OVID Holdings with institutional investors, lenders, shareholders, and external stakeholders.
- Drive digital financial transformation, modernizing enterprise resource planning (ERP) systems and Business Intelligence (BI) tools for unified Holdings reporting. Lead capital-raising initiatives, structured finance transactions, and strategic debt/equity financing to fuel the holdings’ expansion.