Finance Division Head (Re-advertised)

Accounting and Finance
Addis Ababa 

Job Description

TAF Oil P.L.C is seeking an experienced and professional Finance division Head from and within internal source. This position will play a key role in the organizations.



  • Maintain a documented system of accounting policies and procedures
  • Manage outsourced functions
  • Oversee the operations of the divisions, including the design of an  organizational structure  adequate for achieving the department's goals and objectives
  • Present potential scenarios and outcomes to management team
  • Manage the preparation and publication of departmental and organization financial documents
  • Examine financial and legal documents to verify accuracy and adherence to financial regulations and acceptable financial principles
  • Develop or recommend solutions for problems or situations

Funds Management

  • Forecast cash flow positions, related borrowing needs, and available funds for investment
  • Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
  • Use  hedging  to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its  foreign exchange  positions
  • Maintain banking relationships
  • Assist in determining the company's proper  capital structure


  • Manage the preparation of the company's budget
  • Report to management on variances from the established budget, and the reasons for those variances
  • Assist management in the formulation of its overall strategic direction

Financial Analysis

  • Engage in ongoing cost reduction analyses in all areas of the company
  • Engage in benchmarking studies to establish areas of potential operational improvement
  • Interpret the company's financial results to management and recommend improvement activities
  • Review company  bottlenecks  and recommend changes to improve the overall level of company  throughput
  • Perform a variety of advanced financial analyses to determine present and forecasted financial health of the company
  • Create additional analyses and reports as requested by management

Job Requirements

Required skills and knowledge

  • A creative mindset with an ability to suggest improvements
  • Strong leadership and decision making skills
  • Strong skills and confidence to lead and motivate a team
  • Strong ability to manage own workload and supervise the work of others concurrently
  • Excellent time management skills and ability to multi-task and prioritize work under pressure
  • Attention to detail and problem solving skills
  • Excellent interpersonal, oral and written communication skills
  • Strong organizational and planning skills
  • Familiarity with email scheduling tools, like Email Scheduler  and proficiency in MS Office  (MS Word, Excel and PowerPoint)
  • Familiarity with ACCPAC is a plus

How to Apply

Interested applicants who fulfill the requirements can submit non returnable copies of their CV, application letter and other testimonial documents within 6 calendar days of this announcement to HR department in person through the following  Address: –

Wollo Sefer, TAF Oil Head Quarter, in Front of Tebaber Berta Building

Tel:- 0115- 580686/87 Ext-139 or 0911718788
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