Position Title: Senior Finance Manager
Employer: CBE Capital Investment Bank
Employment: Full-Time | Permanent
Place of Work: Addis Ababa - Ethiopia
Posted date: 9 months ago
Deadline: Submission date is over
About the job
Job Title: Senior Finance Manager
Reports To: Chief Executive Officer
Location: CBE Capital Investment Bank, Ethiopia
Job Type: Full-time
Role
The Finance Manager is responsible for overseeing financial operations at our investment bank. This role is critical in ensuring financial integrity, optimizing investment strategies, and driving profitability. The ideal candidate will have a strong background in financial management within the capital markets and a deep understanding of Ethiopian financial regulations.
Key Responsibilities
1. Financial planning, budgeting, and forecasting
a. Lead and manage the firm’s financial planning, budgeting, forecasting, vendor management and tax planning/reporting
b. Oversee regulatory compliance with financial laws and reporting requirements in Ethiopia.
c. Proactively identify, analyze, assess and mitigate financial risks
d. Prepare and present financial statements to multiple stakeholders, including senior management and regulatory agencies.
e. Monitor and optimize cash flow management and liquidity strategies.
f. Ensure accurate and timely financial reporting and audits
g. Work closely with traders, investment analysts, and senior executives to guide financial decision-making.
h. Liaise with stakeholders, regulators, and external auditors to ensure best practices
i. Improve operational efficiency and cost-effectiveness within the finance department.
2. Brokerage services and investment banking
a. Manage and reconcile the firm’s client bank account by coordinating with clearing and settlement services providers
b. Work as needed with brokerage services and investment banking teams
c. Report profit and loss statements to various departments on a regular basis
3. Risk management and Compliance
a. Adhere to Ethiopian financial regulations and the guidelines set by the Capital Market Proclamation- No. 1248-2021, Ethiopian Capital Market Authority (ECMA) and Ethiopian Securities Exchange (ESX).
b. Adhere to risk management controls to minimize errors and ensure ethical practices.
c. Maintain accurate records.
4. Team Leadership and Mentorship
a. Contribute to the continuous development of trading systems, policies, and operational procedures.
b. Foster a culture of discipline, integrity, accountability, and performance within the firm.
Qualifications & Experience
· Bachelor’s or Master’s degree in Finance, Accounting, Economics, or Business Administration
· Minimum 7+ years of experience in financial management, preferably in a brokerage or investment firm
· IFRS certification is highly desirable
· Adequate knowledge and understanding of the Ethiopian financial market, investment products, trading, and investment principles
· Strong knowledge of Ethiopian accounting and financial reporting regulations, tax laws, and other relevant regulatory requirements.
· Expertise in financial modeling, risk management, and investment analysis
· Leadership and managerial experience in guiding financial teams and advising executives.
· Proficiency Excel and financial reporting tools such as SAP, Oracle, or similar software.
· Strong analytical skills and attention to detail.
· Excellent communication and writing abilities.
· High motivation, resilience, and ability to thrive in a fast-paced environment.
About CBE Capital
CBE Capital, a pioneer investment bank in Ethiopia’s financial landscape, is committed to innovation and client-centric solutions. Our goal is to empower businesses, institutions, and individuals to seize emerging opportunities across the region by offering best-in-class investment banking and brokerage services. Our team, which has a unique blend of international expertise and deep local understanding, comprises of individuals with extensive experience in global finance, bringing decades of insights into Ethiopia's financial ecosystem.
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