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leyou Ayalew, Finance And Administration Manager

leyou Ayalew

Finance And Administration Manager·JASBEL Energy

Sierra Leone

Master's degree, Counseling psychology

Work experience

Total years of experience: 10 years, 9 months

Finance And Administration Manager

June 2024 - Present

JASBEL Energy

Freetown, Sierra Leone

June 2024 - Present

- Implemented process improvements that reduced the month-end closing time by 20%.
- Implemented a new financial reporting system that increased reporting efficiency by 30%, facilitating more informed decision-making.
- Generated financial forecasts and projections that were 95% accurate, enabling informed decision-making.
- Optimized cash management strategies, ensuring an average positive cash flow increase of 15% across all departments.

Company industry:
Energy & Renewables
Job role:
Engineering

Finance And Administration Manager

April 2020 - June 2024

Tetra Tech

Addis Ababa, Ethiopia

April 2020 - June 2024

- Led a successful tax audit, which resulted in zero adjustments and penalties for the fiscal year.
- Ensured full compliance with legal and regulatory requirements, as well as funding requirements of the organization, and achieved value for money in utilizing the organization's resources.
- Oversaw procurement processes and managed vendor relationships.
- Liaised with the COP to ensure that project needs were being met in terms of accounting, contracts, human resources, IT, and operations.

Company industry:
General Engineering Consultancy

Accountant

September 2018 - March 2020

BelCash

Addis Ababa, Ethiopia

September 2018 - March 2020

- Oversaw the preparation of timely and accurate financial statements in compliance with regulatory requirements.
- Streamlined accounting procedures, reducing monthly close cycles by 5 days and enhancing the accuracy of reporting.
- Managed the annual audit process, with zero compliance issues identified for three consecutive years. - Implemented robust financial controls and governance, leading to a 10% reduction in operational risks.

Company industry:
Financial Services

Accountant

January 2017 - September 2018

Holt International

Addis Ababa, Ethiopia

January 2017 - September 2018

- Prevented $1 million in potential financial penalties by ensuring compliance with regulatory and donor requirements.
- Improved cash flow management processes, ensuring liquidity for ongoing projects and operations.
- Prepared and supported external audits, consistently achieving clean audit reports with no major findings.

Company industry:
Non-profit Organization

JuniorAccountant

June 2015 - March 2016

Food for the Hungry

Gondar, Ethiopia

June 2015 - March 2016

- Delivered comprehensive monthly financial reports with 100% on-time delivery.
- Enhanced financial model accuracy, resulting in a 15% improvement in cash flow forecasting.
- Collaborated with cross-functional teams to streamline accounting processes and improve efficiency.

Company industry:
Non-profit Organization

JuniorAccountant

December 2014 - June 2015

Ethiopian Water Works Construction Enterprise

Dila, Ethiopia

December 2014 - June 2015

- Achieved 95% accuracy in financial reporting by efficiently posting $200, 000 in journal entries monthly.
- Increased financial accuracy by 20% by conducting precise bank reconciliations and ensuring accurate records.
- Provided support to the accounting team with various administrative tasks as assigned.

Company industry:
Construction & Building

Education

Addis Ababa University

September 2021

September 2021

Master's degree, Counseling psychology

Ethiopia

Addis Ababa University

September 2021

September 2021

Master's degree, Counselling Psychology

Ethiopia

Unity University

August 2014

August 2014

Bachelor's degree, Accounting

Ethiopia

Unity University

August 2014

August 2014

Bachelor's degree, Accounting and Finance

Ethiopia

Skills

FINANCE
Expert
FINANCE
Expert
ADMINISTRATIVE SUPPORT
Expert
ADMINISTRATIVE SUPPORT
Expert
BUDGETING
Expert
BUDGETING
Expert
COMPLIANCE MANAGEMENT
Expert
COMPLIANCE MANAGEMENT
Expert
FINANCIAL PLANNING
Expert
FINANCIAL PLANNING
Expert
ACCOUNTING
Expert
ACCOUNTING
Expert
COMPLIANCE REPORTING
Expert
COMPLIANCE REPORTING
Expert
LEADERSHIP
Expert
LEADERSHIP
Expert
COMPLEX PROBLEM SOLVING
Expert
COMPLEX PROBLEM SOLVING
Expert
FINANCIAL STATEMENTS
Expert
FINANCIAL STATEMENTS
Expert

Languages

English

Expert

Amharic

Native Speaker