About This Role
This role anchors the financial backbone of a growing multi-outlet restaurant operation in Addis Ababa. It suits a finance professional who thrives on operational complexity—balancing central office oversight with hands-on coordination across individual outlets. The position demands someone who can translate financial data into actionable strategies for cost control and profitability in a competitive hospitality market.
What the Requirements Say About This Role
The employer is seeking a hybrid profile: a strategic planner who is equally comfortable managing daily accounting workflows and conducting deep-dive profitability analyses. The emphasis on variance analysis and outlet-level performance suggests the company values proactive problem-solving over routine reporting. Experience with multi-location businesses, especially in hospitality or retail, will likely be a decisive advantage.
How to Approach This Application
Tailor your application to demonstrate how you’ve improved financial performance across multiple business units, not just maintained records. Highlight specific examples of budgeting, cost optimization, or regulatory compliance in Ethiopia’s food service or retail sectors. Emphasize your ability to communicate financial insights to non-finance managers—restaurant owners and outlet heads will depend on your clarity.
Who This Role Suits
This role is ideal for a seasoned finance manager with 5+ years in multi-site operations, particularly in hospitality or FMCG. Expect moderate competition, as the hospitality sector in Addis is growing but specialized talent with this exact mix of skills is harder to find.
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 “deborah.eshetu@ethiojobs.net” using the subject line “Finance Manager”
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