Job Description
Company Background
Pagumen Tour and Travel Share Company established with a total capital investment of 4 million USD by innovative entrepreneurs who want to transform the Ethiopian tourism sector. Pagumen is going to be one of the largest tours and travel operation business in Ethiopia. It aims to be state of the art and world standard company, to satisfy customers by providing high standard services with more value for money. The company currently provides the following services specifically: -
The company would like to invite highly competent, motivated and qualified candidates to apply for the following position:
Job Title: Finance and Investment Manager
Duty Station: Addis Ababa, Head Office
Employment Type: Full-Time
Salary: Negotiable
Job Purpose
The Finance & Investment plays a pivotal role in shaping a company’s financial strategy and ensuring long-term stability. This leadership position involves overseeing budgeting, forecasting, and investment planning to optimize financial performance. By carefully analyzing market trends and economic risks, they help organizations make informed decisions that drive growth.
Beyond managing financial operations, the manager of finance also ensures compliance with regulatory standards and implements policies to safeguard company assets. They work closely with executives and stakeholders to align financial goals, fostering a culture of transparency and accountability.
Key Responsibilities
Financial Planning and Strategy
A finance & investment Manager is responsible for developing long-term financial strategies that align with business goals and drive profitability. They analyze market trends, company performance, and economic conditions to create financial plans that ensure sustainable growth. By setting clear objectives and financial targets, they help organizations stay competitive and financially stable.
They also collaborate with executive leadership to align financial strategies with broader business initiatives. Their role involves forecasting potential risks, identifying new revenue streams, and ensuring optimal resource allocation. By continuously refining financial strategies, they support business expansion and long-term success.
Budgeting and Forecasting
The finance & Investment Manager oversees the budgeting process, ensuring that all departments operate within financial limits while meeting business objectives. They develop comprehensive financial models that forecast revenue, expenses, and profitability to guide strategic decision-making. By implementing accurate budgeting processes, they help maintain financial stability and growth.
Regular forecasting allows them to adjust financial plans based on market trends and company performance. They analyze past financial data, predict future outcomes, and provide recommendations to optimize spending. Through detailed financial oversight, they ensure that businesses remain agile and prepared for economic fluctuations.
Risk Management and Compliance
Managing financial risk is a key responsibility of the finance manager, as they identify potential threats that could impact company stability. They assess risks related to investments, cash flow, and market conditions to implement proactive mitigation strategies. By developing strong internal controls, they protect company assets and ensure financial security.
Compliance is equally important, as it ensures the organization adheres to financial regulations and reporting standards. They stay updated on tax laws, industry regulations, and corporate governance policies to avoid legal penalties. By enforcing strict compliance measures, they safeguard the company’s reputation and financial integrity.
Financial Reporting and Analysis
A Finance & Investment is accountable for producing accurate financial reports that provide insights into company performance. They oversee the preparation of balance sheets, income statements, and cash flow reports to ensure transparency. By delivering detailed financial analysis, they support data-driven decision-making for executives and stakeholders.
Beyond reporting, they analyze financial trends to identify areas for improvement and cost-saving opportunities. They track key performance indicators (KPIs) and present recommendations that enhance financial efficiency. Through consistent monitoring and reporting, they help businesses achieve financial health and operational success.
Cash Flow Management
Maintaining a healthy cash flow is essential for business stability, and the manager of finance ensures there are sufficient funds for daily operations. They monitor cash inflows and outflows, optimizing working capital to prevent liquidity issues. By managing receivables, payables, and investments efficiently, they ensure smooth financial operations.
They also implement strategies to improve cash flow, such as renegotiating supplier terms or optimizing debt management. By forecasting cash flow trends, they help prevent shortfalls and ensure financial agility. Effective cash flow management allows companies to invest in growth opportunities while maintaining financial stability.
Business Growth and Innovation
The Finance & Investment plays a key role in driving business growth by identifying new financial opportunities. They assess potential markets, investment trends, and revenue streams to expand company operations. By leveraging financial insights, they help businesses capitalize on emerging opportunities.
Job Requirements
Quantities: 1
Qualification: BA Degree in Accounting, Accounting and Finance. or MA Degree in Accounting, Accounting and Finance and related Fields.
Experience: 10 years tangible work experience in finance and at least 5 years’ experience as Finance Manager
How To Apply
Interested applicants fulfilling the above requirements are invited to submit their written application and CVs with photocopies of non-returnable supporting credentials net next 7 working days for the following email or physical address:
Email hr@pagumen.com
22 Haile Gebreselassie Street Comet Building 1st floor office No 107; Next to Axum Hotel
Tel: 0116 686062 or 0930794444
Addis Ababa
Learn about us: www.pagumen.com
Don't miss this opportunity to join our dynamic and innovative team!
