Position Title: Chief Financial Officer
Employer: Reportage Properties LLC
Employment: Full-Time | Permanent
Place of Work: Addis Abeba - Ethiopia
Posted date: 2 weeks ago
Deadline: Submission date is over
About Us:
We are a leading real estate development company, recognized for delivering exceptional projects globally and setting new benchmarks in the industry. We are seeking a strategic Chief Financial Officer (CFO) to lead all financial operations and drive growth for our large-scale real estate ventures in Ethiopia. You will be responsible for developing and executing the company’s financial strategy, ensuring alignment with overall business goals.
Key Responsibilities:
Financial Strategy & Leadership
- Develop and execute the company’s financial strategy in alignment with overall business goals and growth targets in Ethiopia.
- Lead long-term financial planning, budgeting, forecasting, and modeling for large-scale real estate projects.
- Evaluate investment opportunities, mergers, acquisitions, and joint ventures from a financial perspective.
Capital Management & Fundraising
- Design and manage capital structure to optimize liquidity and support aggressive growth.
- Secure financing from local and international sources (banks, private equity, DFIs, capital markets).
- Manage relationships with investors, lenders, and financial institutions.
Financial Operations & Control
- Oversee all accounting operations, financial reporting, and internal controls in compliance with IFRS and Ethiopian law.
- Ensure timely and accurate monthly, quarterly, and annual financial statements.
- Implement robust financial systems, ERP, and digital tools to enhance efficiency and transparency.
Treasury, Risk & Compliance
- Manage cash flow, working capital, and treasury functions across multiple projects and entities.
- Identify, assess, and mitigate financial, operational, and market risks.
- Ensure full compliance with National Bank of Ethiopia regulations, tax authorities, and corporate governance standards.
Project Financial Management
- Oversee financial feasibility studies, project budgeting, cost control, and profitability analysis for all developments.
- Monitor project financial performance and provide actionable insights to the CEO and project teams.
Team Leadership & Development
- Lead and mentor the finance, accounting, and treasury teams.
- Foster a culture of accuracy, accountability, and continuous improvement within the finance department.
Group Governance & Head Office Alignment
- Report directly to the Head Office Group CFO and maintain regular financial and performance reporting.
- Ensure full alignment with Head Office financial policies, procedures, controls, and reporting standards.
- Implement and enforce Group-wide governance frameworks, compliance requirements, and best practices at the branch level.
- Coordinate with Head Office on budgeting, forecasting, audits, funding, and strategic initiatives.
Required Qualification and Experience:
- Master’s degree in finance, Accounting, Business Administration, or related field.
- Professional certification, such as ACCA, CPA, CFA, or CMA, is mandatory.
- Minimum 12 years of progressive finance experience, with at least 5 years in a senior financial leadership role (CFO, Finance Director) within real estate, construction, or infrastructure.
- Proven track record in fundraising, financial modelling, and managing large project finance in an emerging market context; experience in Ethiopia or East Africa is highly preferred.
- Deep understanding of Ethiopian financial regulations, tax laws, and reporting requirements.
- Hands-on experience with ERP systems (e.g., Oracle, SAP, Microsoft Dynamics) and advanced Excel/financial modelling.
- Strategic thinker with strong analytical and decision-making skills.
- Excellent negotiation and communication skills, with the ability to present to boards and investors.
- High integrity and ethical standards.
- Fluent in English; proficiency in Amharic is a strong advantage.
- Ability to thrive in a fast-paced, growth-oriented environment.
What We Offer:
- Competitive salary and commission-based incentives.
- A dynamic and professional work environment.
- Career growth opportunities in a leading real estate firm.
