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Company Background
Glorious PLC is one of the leading electronics and home appliances importer and distributor in Ethiopia. Presently, the company is undergoing major restructuring to increase its efficiency and market presence. It is now looking forward to recruit highly competent management and staff that can implement the business plan and take the company to higher levels.
Position: Funds, Investments and Treasury (FIT) Manager
Reports to: Deputy General Manager
The FIT manager will be involved in business planning, raising capital, managing investments and closely monitor the working capital of the company. S/He will be responsible for networking and developing relations with third party partners (including banks, investee companies, Insurance companies, company consultant etc.)
Key duties and responsibilities
Secure the necessary working capital which is expected to grow over time
Secure as necessary loan funds on the strength of internal funds
Research and prepare for new investment/business opportunities
Enable profitable placement of funds in short and long term investments , manage the portfolio and ensure liquidity of the company
Undertake export business investments to ensure availability of foreign currency
Conduct and oversee due diligence, financial projection reviews, company valuations, and business plan reviews
Lead and negotiate investment deals
Prepare reports on financial risks and opportunities to immediate supervisor
Undertake and execute assignments from the immediate supervisor
Ensure that no payments are executed out of the financial budget and business plan
Minimum of 5 years’ experience in financial management and preferably in investment
Track record of leading projects or transactions in corporate finance or consultancy
Strong analytical skills and financial modelling/analysis capability
Excellent communication and report writing skills
Good interpersonal and public relation skills
Excellent MS Office working knowledge
Language: Fluent Amharic and English
Education
BA or MA- in Acounting , Finance or related fields
Salary and benefits
Negotiable- highly competitive with performance based incentives
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