Job Opportunity: Chief Finance Officer (CFO)-OVID HOLDING position available at OVID HOLDING in Addis Ababa. Accounting and Finance jobs in Ethiopia are in high demand. Apply now through GeezJobs - Ethiopia's leading job portal.

Position Overview / Scope of Role

The Chief Finance Officer (CFO) is a key C-suite executive who drives the financial vision, resilience, and transformation of OVID Holding. Overseeing the Group’s multi-sector portfolio—spanning real estate, construction, manufacturing, infrastructure, and smart city ventures—the CFO plays a central role in ensuring fiscal discipline, capital efficiency, compliance, and growth enablement. This role is instrumental in supporting strategic expansion, enhancing investor confidence, and enabling enterprise-wide execution through strong financial governance and performance analytics. The CFO is the financial architect behind Vision 2030 and ensures that OVID Holding is financially robust, investor-ready, and positioned for sustainable national and global growth.

Top Roles and Responsibilities

1. Financial Strategy & Capital Structuring

• Develop and lead OVID’s long-term financial strategy aligned with enterprise growth, innovation, and transformation programs.

• Optimize capital allocation across subsidiaries and major investments including REITs, joint ventures, and blended finance structures.

• Ensure resilience in the Group’s capital structure and liquidity during different business cycles.

• Oversee financial modeling and sensitivity analysis to support project viability and board decisions.

2. Financial Operations & Group-wide Control

• Supervise core finance functions: accounting, treasury, audit, taxation, consolidation, and regulatory compliance.

• Standardize financial reporting, policies, and internal controls across all OVID subsidiaries.

• Ensure timely preparation of monthly, quarterly, and annual financial reports for internal and external stakeholders, including the board and regulatory bodies.

3. Performance Management & Profitability Oversight

• Design and implement enterprise-wide financial dashboards, KPIs, and real-time reporting frameworks.

• Drive operational efficiency through cost containment, overhead optimization, and working capital management.

• Collaborate closely with the COO, CHR, CTO, and CCO to ensure financial discipline in operations, hiring, procurement, and sales functions.

• Lead Group budgeting, reforecasting, and financial review sessions with business unit leaders.

4. Fundraising, Investment & Investor Relations

• Lead debt and equity fundraising efforts through local and international financial markets, DFIs, and PE firms.

• Structure innovative financing models (PPP, asset-backed securities, blended finance, bond issues, REITs, and capital injections) tailored to OVID’s strategic projects.

• Manage institutional investor relationships and prepare investor decks, disclosures, and due diligence materials.

• Support deal negotiation, term sheet evaluation, and capital structuring in joint ventures and capital partnerships.

5. Risk Management, Governance & Compliance

• Develop and maintain a robust enterprise risk management (ERM) framework.

• Lead external and internal audits, tax strategy, compliance audits, and reporting for Ethiopian and international regulatory requirements.

• Ensure accurate IFRS-compliant financial reporting and risk-adjusted controls across all entities.

6. Team Leadership & Talent Development

• Build and lead a future-ready finance leadership team at both the Group and subsidiary levels.

• Establish finance business partnering across departments (sales, engineering, HR, procurement, legal).

• Promote ethics, transparency, financial literacy, and execution discipline across the finance ecosystem.

7. Strategic Projects & Transformation Initiatives

• Serve as a senior executive contributor to enterprise-wide transformation initiatives, including ERP implementation, M&A evaluations, digital finance systems, and shared service development.

• Provide strategic input on large-scale infrastructure programs, smart city initiatives, and flagship developments.

• Support the execution and financial health of Vision 2030 and Project Phoenix.

• Perform other related duties as assigned by the Group CEO.

Key Interfaces & Collaboration

• Internal: CEO, COO, CTO, CCO, CHR, PMO, Strategy, Audit Committee

• External: Banks, Auditors, DFIs, Institutional Investors, Tax Authorities, Legal Advisors

Educational Qualification:

• Bachelor’s degree in Finance, Accounting, Economics, or related fields (Required)

• Master’s degree (MBA, MSc in Finance, or related field) is strongly preferred

• CPA, ACCA, CFA or similar professional certification is highly desirable

Experience:

• Minimum of 15 years of progressive financial leadership experience

• At least 7 years in a CFO or Group Financial Controller role within a large, multi-entity, or complex organization

• Sector exposure to real estate, infrastructure, manufacturing, or construction is highly advantageous

• Strong experience in capital raising, investor relations, IFRS, and corporate finance structuring

Critical Criteria / Skills to Be Successful in This Role

• Strategic financial planning and capital optimization

• Group-level budgeting, consolidation, and fiscal governance

• Strong command of Ethiopian tax law and IFRS

• Advanced financial modeling and forecasting

• Board-level reporting and stakeholder engagement

• ERP systems, data dashboards, and digital finance tools

• Risk management, audit readiness, and regulatory compliance

Key Performance Indicators (KPIs)

• Group EBITDA and profitability improvement

• Accuracy and timeliness of financial reporting and audits

• Cash flow stability and working capital efficiency

• Fundraising success and capital structure health

• Investor satisfaction and strategic alignment

• Cost optimization across group operations

How To Apply

We invite enthusiastic and qualified individuals to apply for our open positions. To be considered, please submit your CV as a single PDF file to hr@ovid-holding.com. Ensure you mention the position you are applying for in the subject line of your email.

We value every application and appreciate your interest in joining our team. Due to the high volume of applications we receive, only candidates who meet our criteria will be contacted for further steps.

We look forward to reviewing your application and thank you for considering a career with OVID Holding!