Background
Company History
Icon Management and Finance Solutions PLC was established on July 2009 registered as per the Ethiopian law to conduct consultancy and training service. The company was established with limited liability partnership of three Ethiopians with experiences in the areas of Finance, Management and Business Consultancy. At the outset the company started its operation as an acco
unting firm with its main focus in the air travel industry. As an entry strategy the company purposed to operate in one industry and gradually expand to other industries and also into the business and management consultancy. What we do
The major activities of ICON are categorized into the following;
1. Management and Business consultancy,
3. Trainings
5. Accounting/financial monitoring and consultancy service, and
6. Tax consultancy
Vision, Mission and Values (VMV)
Vision Statement
Increasing organizations efficiency in Ethiopia and developing countries through consultancy, trainings and Business Process Outsourcing. Mission Statement
Contributing to the progressive growth of businesses through high standard business advisory, accounting and financial reporting, enhancing qualified staff and fostering BPO for focused growth. Value
Personal Responsibility: “We are responsible for the change in the Ethiopian business environment”
Respect: “We recognize and value the mission, purpose and strategies of the client and the etiquette of the profession.”
Integrity: “We do the right thing, even when no one is watching us.”
Determination: “we work hard and smart no matter what, because we are going to be successful.”
Excellence: “we initiate the best of change, no matter what the situation.”
Business objectives
The business objectives as stated in the organizational formation documents are as follows
1. Undertaking outsourced Financial services of organizations
2. Payroll administration
3. Undertaking credit collection and receivable administration service of organizations;
4. Undertaking property administration and management of organizations;
5. Undertaking of marketing and sales activities of organizations
6. Rendering support service to organizations;
7. Giving Training in the areas of accounting, management, leadership, human resource management, sales and marketing;
8. Setting up financial systems of organizations;
9. Setting up organizations;
10. Undertaking Outsourcing domestic or offshore Procurement activities including Identifying suppliers;
11. Undertaking Company Business Process Reengineering (BPR) or operation restructuring, Work-flow automation, Business process Automation (BPA) and solution development
12. Undertaking various activities through Business Process Outsourcing BPO)
13. Rendering management, business, tax and financial consultancy services
14. Undertaking Airline GDS (Global Distribution System) cost recovery service in collaboration with Global service providers
15. Undertaking other activities helpful for the attainment of the aforementioned objectives. Management and staffing
Icon employees 25 permanent full time employees. Our employee’s qualifications are as follows
• Masters in Business Leadership
• Masters in Marketing Management
• Chartered Certified Accountant from UK
• BA in Accounting, Management, Economics and Marketing
• BSC in Information Science
Our competencies
The following are our areas of competencies. We have either been involved in the areas or our staff have been working and gained competencies in this areas
• Design and operations of financial services appropriate for medium and large enterprises
• Design and provision of non-financial services needed by existing businesses and by new start-ups
• Value chain development and supply chain analysis
• Facilitation of access to national, regional and international markets by local enterprises
• Organizational capacity assessment and strategy development
• Project feasibility study and project design
• Association development and leadership training
• Preparation of organizational development manuals, including operational and administrative guidelines for businesses and non-profit organizations
• Business plan development, access to markets and market intelligence services and access to supplies and infrastructure by businesses
• Accounting system design and implementation for various organization (both manual and automated)
• Training in various areas. Few of them
o Organizational leadership
o Business plan preparation
o Supply chain management
o Project management
o Problem solving and decision making
o Finance for managers with non finance background
