Chief Financial Officer (CFO)

Chief Financial Officer (CFO)
Location: Addis Ababa, Ethiopia
Reports to: Chief Executive Officer (CEO)
Direct Reports: Group Finance Managers, Accounting Teams, Treasury, Tax & Compliance
Units
Role Purpose
The Chief Financial Officer (CFO) provides strategic financial leadership and oversight for
the Corporate Office and Group operations. The role is responsible for end-to-end financial
management including strategy, planning, reporting, treasury, governance, and digital
finance transformation.
The CFO acts as a trusted advisor to the CEO and Board, supporting growth, capital
optimization, and risk management while ensuring strong financial controls and compliance
with Ethiopian law and international financial standards.
This role is critical in enabling scalable operations, particularly within construction and
infrastructure development environments, where project finance discipline, cost control,
and cash-flow optimization are essential.
Key Responsibilities
1. Strategic Financial Leadership
• Develop and execute the Group’s financial strategy aligned with corporate objectives
and long-term growth plans.
• Provide high-level financial advice to the CEO and Board on capital structure,
investments, mergers & acquisitions, and expansion initiatives.
• Drive financial sustainability through disciplined cost management and performance
optimization.
• Translate business strategy into measurable financial outcomes.
2. Financial Management & Reporting
• Lead preparation of accurate, timely, and IFRS-compliant consolidated financial
statements.
• Establish strong management reporting frameworks, dashboards, and KPIs.
• Ensure consistency across accounting policies and reporting systems.
• Present financial results and insights to executive leadership and Board committees.
3. Budgeting, Forecasting & Performance Management
• Lead annual budgeting and rolling forecasting processes.
Job Description – Temer Properties
• Monitor financial performance, analyze variances, and recommend corrective
actions.
• Support project costing and profitability analysis, especially for construction and
development portfolios.
• Implement financial planning models for scenario analysis and strategic decision
making.
4. Treasury, Cash Flow & Capital Management
• Oversee cash-flow planning, working capital optimization, and funding strategies.
• Manage banking relationships, credit facilities, and financing arrangements.
• Supervise foreign currency exposure and treasury operations.
• Lead capital expenditure evaluation and investment appraisal.
5. Governance, Risk & Compliance
• Ensure compliance with Ethiopian tax laws, regulatory frameworks, and IFRS
requirements.
• Design and maintain robust internal control systems.
• Lead internal and external audit processes and closure of audit findings.
• Identify, assess, and mitigate financial and operational risks.
• Strengthen corporate governance and financial accountability.
6. Digital Finance & Systems Leadership
• Champion digital transformation across finance operations.
• Lead ERP implementation and optimization (e.g., SAP Business One, Odoo,
QuickBooks, or similar platforms).
• Promote data-driven decision-making using financial analytics and automation
tools.
• Enhance cybersecurity awareness and financial systems integrity.
7. Leadership & Team Development
• Build and mentor high-performing finance teams.
• Promote a culture of professionalism, accountability, and continuous improvement.
• Strengthen financial literacy across non-finance departments.
• Support succession planning within the finance function.
8. Stakeholder Engagement
• Serve as principal financial liaison with shareholders, auditors, banks, regulators,
and strategic partners.
Job Description – Temer Properties
• Support investor relations and funding negotiations.
• Represent the organization in high-level financial engagements.
Required Qualifications & Experience
Education
• Master’s degree in Finance, Accounting, Business Administration, or related
discipline.
Professional Certification (Mandatory)
• Full membership of an IFAC-recognized professional institute (e.g., ACCA, CPA,
CIMA, CA).
Experience
• Minimum 10–15 years of progressive finance leadership experience.
• At least 5 years at CFO or equivalent executive level in a large or complex
organization.
• Strong preference for experience in construction, real estate development, or
infrastructure sectors.
• Proven track record managing large corporate finance operations.
Technical Competencies
• Advanced knowledge of IFRS, Ethiopian tax regulations, and corporate governance
frameworks.
• Strong expertise in financial modeling, treasury management, and investment
analysis.
• High digital literacy with hands-on ERP experience.
• Excellent analytical, communication, and executive presentation skills.
Personal Attributes
• High ethical standards and professional integrity.
• Strategic mindset with strong operational execution.
• Results-driven and resilient under pressure.
• Strong leadership presence and stakeholder management capability.
• Adaptable, collaborative, and business-oriented.
Employment Type
Full-time | Executive Management Position