About the Job
About the Company
OVID Construction Plc, established in 2013, is a Design and Build (DB) company with G -1 building construction license. It is legally registered and operates in Ethiopia, Djibouti, and Kenya having over 7,000 permanent and temporary employees including highly experienced staff from different areas of specialization. The founder has brought in vast industrial experience and knowledge and values a cost-effective yet efficient approach to construction.
OVID Construction has introduced several advanced building technology systems, which makes the company different and unique from other construction companies. Our company is the pioneer in introducing Ready-Mix concrete, Magnesium board/panel technology, Light Gauge Steel, K Span, and Kum Kang building system to Ethiopia and maybe East Africa.
This guarantees customer satisfaction and trust by providing high-quality products, high service that is useful, safe, and reliable.
Location: Addis Ababa Project
Duties & Responsibilities
Project Financial Planning & Budgeting
Prepare project budget in coordination with Project Manager
Forecast project cash flow requirements
Plan fund allocation for materials, labor, and subcontractors
Ensure financial alignment with project timelines
Cost Control & Monitoring
Track project expenses against budget
Analyze variances and identify cost overruns
Implement cost-saving measures without compromising quality
Review and approve site expense requests
Cash Flow Management
Ensure timely availability of funds for project operations
Monitor cash inflows from client payments
Approve disbursements for material, labor, and subcontractors
Prevent cash shortages that may delay project execution
Accounts & Reporting
Oversee project accounting and ensure accurate record-keeping
Prepare monthly project financial reports (P&L, cost report, cash flow)
Analyze project profitability
Report financial status to management regularly
Procurement & Payment Oversight
Review and approve payments to suppliers and subcontractors
Ensure procurement follows approved budgets and procedures
Coordinate with project purchaser and cashier for payment workflow
Compliance & Taxation
Ensure compliance with local tax laws (VAT, withholding tax, payroll tax)
Maintain financial records for audit
Coordinate internal and external audits for the project
Ensure adherence to company financial policies
Risk Management
Identify financial risks and potential cost overruns
Advise project management on financial decisions
Develop contingency plans for budget and cash flow challenges
Implement internal controls to prevent fraud or mismanagement
Team Supervision
Supervise project accountant, junior accountant, and cashier
Assign tasks and monitor performance
Train team on company procedures and reporting standards
About You
Key Skills Required
Strong financial analysis and accounting knowledge
Construction project accounting experience
Budgeting and cost control expertise
ERP and accounting software knowledge (SAP, Tally, QuickBooks)
Leadership and team management skills
Integrity, accuracy, and attention to detail
BA in Accounting, Accounting and Finance and Related
10 (Ten) Years’ experience and (04) Years relevant
Requirement Skill
Accounting
Account Managment
How To Apply
Interested and qualified applicants can apply through ethiojobs
To apply for this job please visit ethiojobs.net.
