Senior Finance Officer

Job Description

The Internal Auditor will be responsible for assessing the effectiveness of internal controls, operational processes, risk management practices, and compliance across the organization, with a particular focus on manufacturing and plant operations.

The role will identify control weaknesses, operational risks, process inefficiencies, and compliance gaps, and provide practical recommendations to strengthen governance, accountability, and operational performance.

Key Responsibilities

• Conduct risk-based internal audits across manufacturing, plant operations, finance, procurement, inventory, supply chain, HR, and other business functions.
• Evaluate the effectiveness of internal controls, policies, procedures, and operational processes.
• Conduct operational and process audits within manufacturing and plant environments.
• Review controls relating to raw materials, inventory, production processes, wastage, scrap, finished goods, and equipment utilization.
• Identify control weaknesses, financial and operational risks, process gaps, and areas of non-compliance.
• Assess adherence to approved SOPs, company policies, and delegated authorities.
• Prepare detailed audit findings, recommendations, and reports for management.
• Follow up on audit findings and monitor implementation of agreed corrective actions.
• Support risk assessment and maintenance of the company risk register.
• Provide practical recommendations to improve processes, controls, efficiency, and accountability.
• Prepare periodic internal audit reports and present key findings to senior management.
• Work closely with plant management and department heads to strengthen internal controls and operational efficiency.
• Maintain appropriate audit documentation and working papers.

Senior Cost Controller

   Location: Ramada by Wyndham, Addis Ababa, Ethiopia
   Employment Type: Full-Time
   Application Deadline:  15 days

Job Summary

The Senior Cost Controller is responsible for monitoring, analyzing, and controlling the hotel’s food, beverage, operational, and other departmental costs to ensure efficient financial performance. The position works closely with the Finance, Food & Beverage, Purchasing, Stores, Kitchen, and Operations teams to maintain accurate cost records, identify variances, and implement effective cost-control measures.

Key Responsibilities

• Monitor and control food, beverage, and operational costs to ensure they remain within approved budgets and targets.
• Conduct daily and monthly cost analysis and variance reporting for Food & Beverage and other operational departments.
• Review food and beverage consumption, wastage, spoilage, transfers, and complimentary items.
• Conduct regular and month-end physical inventory counts and reconcile results with accounting records.
• Investigate discrepancies between physical stock and system balances and recommend corrective actions.
• · Calculate and monitor food and beverage cost percentages, gross profit margins, and departmental profitability.

Company Background

Pagumen Tour and Travel Share Company established with a total capital investment of 4 million USD by innovative entrepreneurs who want to transform the Ethiopian tourism sector. Pagumen is going to be one of the largest tours and travel operation business in Ethiopia. It aims to be state of the art and world standard company, to satisfy customers by providing high standard services with more value for money. The company currently provides the following services specifically: -

• Tour Operation
• Ticketing Agent
• Car Rental and Transportation
• Event management and commissioning services and
• Trading

The company would like to invite highly competent, motivated and qualified candidates to apply for the following position:

1. Job Title: Finance and Investment Manager

Duty Station: Addis Ababa, Head Office 
Employment Type: Full-Time

Salary: Negotiable

Job Purpose

The Finance & Investment plays a pivotal role in shaping a company’s financial strategy and ensuring long-term stability. This leadership position involves overseeing budgeting, forecasting, and investment planning to optimize financial performance. By carefully analyzing market trends and economic risks, they help organizations make informed decisions that drive growth.

Beyond managing financial operations, the manager of finance also ensures compliance with regulatory standards and implements policies to safeguard company assets. They work closely with executives and stakeholders to align financial goals, fostering a culture of transparency and accountability.

Key Responsibilities

1. Financial Planning and Strategy

A finance & investment Manager is responsible for developing long-term financial strategies that align with business goals and drive profitability. They analyze market trends, company performance, and economic conditions to create financial plans that ensure sustainable growth. By setting clear objectives and financial targets, they help organizations stay competitive and financially stable.

They also collaborate with executive leadership to align financial strategies with broader business initiatives. Their role involves forecasting potential risks, identifying new revenue streams, and ensuring optimal resource allocation. By continuously refining financial strategies, they support business expansion and long-term success.

1. Budgeting and Forecasting

The finance & Investment Manager oversees the budgeting process, ensuring that all departments operate within financial limits while meeting business objectives. They develop comprehensive financial models that forecast revenue, expenses, and profitability to guide strategic decision-making. By implementing accurate budgeting processes, they help maintain financial stability and growth.

Regular forecasting allows them to adjust financial plans based on market trends and company performance. They analyze past financial data, predict future outcomes, and provide recommendations to optimize spending. Through detailed financial oversight, they ensure that businesses remain agile and prepared for economic fluctuations.

1. Risk Management and Compliance

Managing financial risk is a key responsibility of the finance manager, as they identify potential threats that could impact company stability. They assess risks related to investments, cash flow, and market conditions to implement proactive mitigation strategies. By developing strong internal controls, they protect company assets and ensure financial security.

Compliance is equally important, as it ensures the organization adheres to financial regulations and reporting standards. They stay updated on tax laws, industry regulations, and corporate governance policies to avoid legal penalties. By enforcing strict compliance measures, they safeguard the company’s reputation and financial integrity. 

1. Financial Reporting and Analysis

A Finance & Investment is accountable for producing accurate financial reports that provide insights into company performance. They oversee the preparation of balance sheets, income statements, and cash flow reports to ensure transparency. By delivering detailed financial analysis, they support data-driven decision-making for executives and stakeholders.

Beyond reporting, they analyze financial trends to identify areas for improvement and cost-saving opportunities. They track key performance indicators (KPIs) and present recommendations that enhance financial efficiency. Through consistent monitoring and reporting, they help businesses achieve financial health and operational success.

1. Cash Flow Management

Maintaining a healthy cash flow is essential for business stability, and the manager of finance ensures there are sufficient funds for daily operations. They monitor cash inflows and outflows, optimizing working capital to prevent liquidity issues. By managing receivables, payables, and investments efficiently, they ensure smooth financial operations.

They also implement strategies to improve cash flow, such as renegotiating supplier terms or optimizing debt management. By forecasting cash flow trends, they help prevent shortfalls and ensure financial agility. Effective cash flow management allows companies to invest in growth opportunities while maintaining financial stability.

1. Business Growth and Innovation

The Finance & Investment plays a key role in driving business growth by identifying new financial opportunities. They assess potential markets, investment trends, and revenue streams to expand company operations. By leveraging financial insights, they help businesses capitalize on emerging opportunities.