Leten Admasu
Finance Director
Highest degree :
Masters
Field of study :
According & finance
Location :
Addis Ababa, Ethiopia
Citizenships :
Ethiopian
Experience :
17 Year(s)
Countries :
Ethiopia
Gender :
Male
Sectors :
INGOs
Director of Finance and Grants
Ethiopia
Population Services International Ethiopia
March 2024
-July 2025
Managed financial operations and grants for a $12–$15M annual budget, including $11M in sub-awards and contracts to more than 11 local and international partners. Supervised three departments (Finance Operations, Financial Planning and Analysis and Grants & Contracts), overseeing four direct reports and nine staff members, while fostering a culture of accountability, independent thinking, and ownership. Provided strategic leadership in financial planning, reporting, and compliance to ensure alignment with donor, PSI, and Government of Ethiopia (GoE) regulations. Design and implement budgeting tools, templates, and timelines to streamline processes, enhancing efficiency and standardization across five regional offices. Designed and implemented robust internal controls to safeguard assets, improve operational transparency, and mitigate financial and operational risks. Provide performance management through timely monthly, quarterly, and annual financial reports, including KPIs, variance analysis, and actionable insights for senior leadership and donors. Develop dashboards and visualizations to translate financial trends into strategic recommendations, improving decision-making for C-suite and external stakeholders. Oversaw internal and external audits (global internal, local statutory, and donor audits), developed Management Action Plans (MAPs), and ensured timely resolution of identified risks. Strengthened risk management processes by developing and disseminating finance, grants, and contracts procedures to ensure maximum efficiency and compliance. Approved high-value financial and operational commitments, ensuring adherence to PSI’s responsibility matrix and donor regulations. Empowered team members through SMART objectives, routine coaching, capacity building, and regular performance appraisals, resulting in improved departmental performance and morale. Represented PSI Ethiopia with sub-partners, donors, suppliers and serve as a trusted advisor to senior leadership, providing financial guidance on new initiatives, grant proposals, and partnerships, ensuring sustainability and compliance.
Associate Finance Director and Acting Director of Finance
Ethiopia
Population Services International Ethiopia
September 2019
-March 2024
Directed financial planning, budgeting, and forecasting across headquarters and five regional offices, aligning with PSI standards, donor regulations, and local laws. Developed and implemented financial policies, including cash management and common cost allocation tools, improving operational effectiveness and reporting accuracy. Led the adaptation to IPSAS-based financial reporting standards, ensuring compliance and accurate reporting. Managed monthly financial reporting certification packages, statutory reports, and external audits, ensuring accuracy and resolution of audit findings with Management Action Plans. Coached and trained a multi-country finance team (Ethiopia, Malawi, Sudan and Mozambique, for enhancing skills in QuickBooks Enterprise software applications. Improved customer service by implementing feedback-driven initiatives and represented the organization in decision-making committees.
Finance Manager
Ethiopia
Population Services International Ethiopia
July 2016
-September 2019
Oversee the operations of the Finance Department including A/P and A/R disbursements, cash and other impress funds, fixed asset and inventory management, and chart of accounts. Maintained sound financial systems and policies in line with GAAP, PSI policy, funder regulations, and local law. Lead the platform’s work plan and reporting including monthly management reporting packages, review of monthly financial statements. Ensured that accounting entries and financial reports comply with PSI policy, funder regulations and local law. Managed cash flow in the country office and maintain relationships with local banks. Prepared financial statement for annual ASCO and external audits and manage the audit process. Developed and implemented the Department’s plans and objectives. Monitor and ensure proper utilization of the Department’s budgets. Identify human resources requirements of the Department and develop plan for meeting the requirements. Support the development of direct reports through periodic performance evaluations, coaching, mentoring, ongoing performance dialogue and feedback. Engaged in multiple and complex procurement process evaluation and decision making processes. Provide technical supports for the development of local policies and SOPs for various Internal Departments
MSC in Accounting and Auditing
Addis Ababa
Addis Ababa University
August 2020
-August 2022
Earned Maters Degree in Accounting and Auditing
Accounting
Ethiopia
University of Gonder
September 2005
-July 2007
Graduated with Bachelor of Arts Degree in Accounting
ACCA Qualification
Ethiopia
ACCA
December 2024
-Present
Currently, Studying the ACCA qualification Certificate program
CertIPSAS from ACCA and Addis Ababa University
Ethiopia
ACCA UK and Addis Ababa University
2017
Trainings on Public Sector Accounting System
USAID Financial Rules & Regulations, Grant Management
Ethiopia
Inside NGO
2010
Training on USAID Financial Rules and Regulations as well as Grant Management
Chief Finance Officer (CFO) 100 Certificate.
Ethiopia
Renew Capital
2017
QuickBooks Accounting Software.
Ethiopia
PSI Global
2010
Finance
Financial Analysis
Financial forecasting
Financial Management
Financial Analysis Economic development Insurance management Project Management
Budgeting
Budgeting, Planning & Forecasting
Accounting
Accounting ERP Sysytems
audit
Leadership and Team Management
Risk Management
Capacity building and training
Capacity development and training
Grant Management
Presentation
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