Finance Head - Balezaf Alcohol and Liquor Factory PLC

About the Company

Balezaf Alcohol and Liquor Factory PLC is a prominent private manufacturing enterprise based in Addis Ababa, Ethiopia, with a long-standing reputation in the beverage industry. Located near the historic Abune Petros Square, the company specializes in the production, bottling, and distribution of high-quality spirits and liquors. Balezaf is recognized for its commitment to blending traditional distilling craftsmanship with modern manufacturing standards. As a significant player in the Ethiopian liquor market, the factory focuses on operational excellence, quality control, and sustainable growth, contributing to the local economy through job creation and the supply of diverse beverage products to retailers and wholesalers across the region.

Position Summary

The Finance Head serves as a vital member of the senior management team, responsible for the strategic leadership and day-to-day oversight of the company’s financial health. This role goes beyond traditional accounting; it requires a proactive professional who can navigate the complexities of the manufacturing sector, from meticulous production cost analysis to high-level financial forecasting. The Finance Head is tasked with ensuring full compliance with International Financial Reporting Standards (IFRS) and local tax regulations while optimizing the use of financial software like Peachtree. By providing data-driven insights and rigorous budget management, the successful candidate will play a decisive role in guiding the factory's investment decisions and ensuring long-term fiscal stability in a competitive market.

Key Duties and Responsibilities

Financial Strategy & Planning

• Oversee comprehensive financial planning and strategy to ensure long-term business sustainability.
• Prepare, monitor, and manage annual company budgets and departmental forecasts.
• Conduct detailed cost analysis and variance reporting to optimize production efficiency.

Daily Operational Management

• Supervise daily financial operations, including production costs, sales revenue, and expenditure tracking.
• Manage the invoicing process and oversee supply chain financial transactions.
• Maintain and optimize accounting software systems (Peachtree) to ensure data integrity.

Reporting & Analysis

• Prepare and analyze monthly, quarterly, and annual financial reports for executive review.
• Provide high-level financial analysis and data-driven insights to guide business development.
• Ensure management has access to accurate, real-time information for critical decision-making.

Compliance & Internal Control

• Ensure full compliance with IFRS (International Financial Reporting Standards) and local tax laws.
• Manage legal and regulatory financial requirements to mitigate company risk.
• Coordinate with internal and external auditors as necessary.

Job Requirements

Education & Experience

• Qualification: BA Degree in Accounting or a related financial field.
• Experience: A minimum of 5 years of professional experience.
• Industry Preference: Experience within the manufacturing sector is highly preferred.

Technical Skills

• Advanced proficiency in Peachtree (Sage 50) accounting software.
• Expert-level skills in Microsoft Excel for complex data modeling and reporting.
• Comprehensive knowledge and practical application of IFRS.

Employment Details

• Term of Employment: Permanent
• Salary: Negotiable and highly attractive based on experience.
• Place of Work: Addis Ababa, Ethiopia.

How To Apply

Interested and qualified applicants are invited to submit their non-returnable application letter, CV, and copies of supporting documents through our website or to the email: “nahom.solomon@ethiojobs.net” using the subject line “Finance Head - Balezaf Alcohol and Liquor Factory PLC”