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Our Team

Optimum Audit and Consulting service founding partners are enormous professional experience for more than 20 years in Audit and Consulting services for various clients in various industries.

 

Mekonnen Muluneh-Managing Partner
Tax and Outsourcing Service Leader

Mr. Mekonnen Muluneh is a founding partner and Leads the Tax and Outsourcing Department. He brings more than two decades of expertise in financial operations, auditing, tax advisory, and accounting across multiple industries. His proficiency spans financial reporting, taxation, auditing, and strategic financial management.
His academic journey commenced with an accounting diploma from Addis Ababa Commercial College, followed by earning a Bachelor of Arts in Business Administration and Information Systems from Addis Ababa University. Demonstrating his commitment to professional growth, he become fellow chartered certified accountant from ACCA, in 2015. In 2022, he further enhanced his credentials by obtaining MSc in Financial Management from Heriot Watt University.

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His professional path evolved from his initial role as a junior Accountant to becoming an Audit Manager at Getachew Kassaye & Co, Ethiopia’s pioneer private audit firm. Subsequently, he co-established Debebe & Mekonnen Audit Service Partnership, where he dedicated more than five years to managing the firm’s audit and consulting operations.
Throughout his 22 -year career trajectory, Mekonnen has demonstrated consistent commitment to excellence, maintaining high ethical standards and professional conduct while exceeding expectations. His comprehensive knowledge base and practical experience make him a crucial asset in managing complex financial challenges and driving organizational success.

Expertise

⦁ Taxation
⦁ Audit and Assurance

Education

⦁ MSc, Financial Management from Heriot Watt University, United Kingdom.
⦁ Member in the Association of chartered Certified accountants (ACCA), United Kingdom
⦁ Certificate in international public sector accounting Standards (IPSAS), ACCA
⦁ Diploma in International Financial Reporting Standards (IFRS), ACCA
⦁ B.A Degree in Business Administration and Information system, from Addis Ababa University College of Commerce.
⦁ Diploma in Accounting, from Addis Ababa University College of Commerce, Ethiopia.

Tax and Outsourcing Service

Our Tax team specializes in delivering customized tax services tailored to your unique circumstances across all tax-related areas. Additionally, we offer a wide range of Outsourcing services in various domains to allow you to focus on your core activities.

  • Tax Advisory Service: We provide comprehensive and strategic tax guidance to individuals and businesses, helping them develop personalized strategies aligned with their objectives.
  • Tax Health Check (Pre-Audit Review): Our tax health check service is designed to conduct a thorough assessment and review of businesses’ tax situations. We identify potential issues and opportunities for improvement, focusing on areas like Business Income Taxes, Value Added Taxes, Employment Income Tax Withholding, Excise Taxes, Customs, and more.
  • Tax Audit Assistance and Representation: We represent and assist taxpayers during audits by the tax authorities. Recognizing the complexities of tax laws and regulations, our teams have a deep understanding of the tax landscape and are equipped to handle the audit process effectively and efficiently, representing clients at all levels of the tax system.
  • Regular Tax Compliance (Filing): We offer comprehensive tax preparation and filing services for various tax types, including Business Income Taxes, Value Added Taxes, Employment Income Taxes (PAYE), Excise Taxes, Withholding Taxes, Social Securities, and others.
  • Account Closing and Year-End Service: We assist in finalizing financial accounts and providing year-end reporting services to ensure accurate and timely financial information for businesses and companies.
  • Accounting Review and Support: We provide ongoing monitoring and guidance for the accounting processes, records, and reporting requirements of companies and businesses in Ethiopia.
  • Company Registration and Representation: We handle the registration process of companies and businesses, and we represent them in all official matters.
  • Payroll Management Service: Our comprehensive payroll management services handle the entire payroll process, ensuring accurate and timely payment of salaries, wages, benefits, and tax obligations for businesses and other organizations.
  • Asset Verification and Identification: We conduct physical inspections to verify the existence, condition, and location of assets. We also assist in implementing tagging and labeling systems to uniquely identify and track assets.
  • Fund Management Service: We provide comprehensive fund administration solutions that prioritize proper budget utilization, support project implementation, enhance transparency and accountability, meet reporting requirements, and ensure compliance with local laws and regulations.

Email: mekonnen.m@optimumet.com
Phone: +251-967-08-85-05
Phone: +251-911-51-37-12

Mesfin Seyoum-Managing Partner
Support Service Leader

Mesfin Seyoum is a founding partner, and the current Support Service leader of Optimum Audit and Consulting Service leading a team dedicated to delivering the highest quality of service. His journey in finance spans over 22 years, a testament to his unwavering dedication to the field.

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Mesfin’s story begins with a strong foundation – a Bachelor of Arts in Accounting from Addis Ababa University College of Commerce. He further solidified his expertise by earning the prestigious Association of Chartered Certified Accountants Qualification (UK) in 2010, later becoming a Fellow Chartered Certified Accountant (FCCA). His journey took him from junior auditor to Audit Manager at the former Getachew Kassaye & Co, the first private audit firm in Ethiopia, then being the co-founding member of Eshetu & Mesfin Audit Service Partnership and served the firm’s audit and assurance business for the last 10 years.

Across his professional journey, Mesfin has showcased unwavering dedication to excellence, integrity, and professionalism, consistently surpassing set benchmarks. He is more than just an auditor; he guides clients with clarity and confidence through the ever-evolving financial landscape, he’s a trusted advisor, and a skilled mentor.

Expertise

⦁ Audit and Assurance
⦁ Tax and Outsourcing Service
Education
⦁ BA in Accounting, Addis Ababa University
⦁ Fellow Chartered and Certified Accountant, ACCA

Debebe Yilma-Managing Partner
Business and Finance Advisory Service Leader

Debebe Yilma is a highly proficient Chartered Certified Accountant accredited by the Association of Chartered Certified Accountants (ACCA), boasting over two decades of extensive experience across Banking, Audit, and Business and Finance Consulting domains.

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His proficiency extends across diverse financial realms, encompassing areas such as financial analysis, Organization structure design, feasibility study, Product development, risk management, strategic financial planning, and adherence to regulatory standards.
Across his professional journey, Debebe has showcased unwavering dedication to excellence, integrity, and professionalism, consistently surpassing set benchmarks. His profound expertise and hands-on experience render him an invaluable resource in navigating intricate financial landscapes and steering organizational triumph.

Education
  • BA Degree in Accounting from Addis Ababa University
  •  Chartered Certified accountant (ACCA)
  • IFRS Deploma (IFRDiP)
  • Certified Trainer of MFIs by Frankfurt school
    Expertise
  • Strategy formulation
  • System establishment advisor
  • Financial analysis
  • IFRS Consultant
  • Organization policy developer
  • ERP Functional consultant
  • Micro Finance Technical Expert

Business and Finance Advisory Service
Business and Finance Advisory Services encompass a range of professional services provided to businesses by experts in the fields of business, finance, and accounting. These services aim to assist businesses in making informed decisions, optimizing financial resources, managing risks, and achieving their strategic objectives

Our Services but Not Limited:-
Strategy Formulation and Strategy Implementation Support:

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We provide expert guidance in formulating effective business strategies tailored to your organization’s goals and market conditions. Our consultants work closely with your team to develop comprehensive strategies and provide ongoing support to ensure successful implementation.

IFRS Implementation and Continuous Support:

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Our team of specialists assists businesses in adopting International Financial Reporting Standards (IFRS) for improved financial reporting and compliance. We offer comprehensive implementation support, including training, process alignment, and ongoing guidance to ensure smooth adherence to IFRS requirements.

Due Diligence (Acquisition, Merger, and Business Valuation):

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When engaging in acquisitions, mergers, or business valuations, our due diligence services provide a thorough assessment of the target company’s financial, operational, and legal aspects. Our experienced professionals conduct detailed analyses to help you make informed decisions and mitigate risks.

Feasibility Study and Business Plan:

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Our team conducts feasibility studies to assess the viability of new projects or ventures. We analyze market dynamics, financial projections, and operational factors to provide you with a comprehensive understanding of the potential risks and opportunities. Additionally, we assist in developing detailed business plans to guide your organization’s growth and expansion strategies.

ERP Functional Consultant and Agent:

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As ERP (Enterprise Resource Planning) functional consultants, we offer expertise in implementing and optimizing ERP systems. Our consultants understand various ERP platforms and work closely with your team to ensure seamless integration, process alignment, and efficient utilization of ERP modules to enhance productivity and streamline operations.

Business Valuation Service:

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Our business valuation service provides accurate assessments of the financial worth of your company. Using proven valuation methodologies, we consider various factors such as financial performance, market conditions, industry trends, and asset evaluations to determine the fair value of your business. This information is valuable for mergers, acquisitions, investment decisions, and other strategic purposes.

Email: debebe.y@optimumet.com
Phone: +251-979-03-03-76

Kalid Mohammed-Managing Partner
Audit and Assurance Service Leader

Kalid Mohammed is a founding partner and fellow Chartered Certified Accountant accredited by the Association of Chartered Certified Accountants (ACCA). He is well Experienced practitioner with about 22 years of experience in Audit, Finance Advisory, Tax Advisory, and business consultancy. He has practical and enormous experience in various industries like manufacturing, Trading, Hospitality business, nongovernmental organization and other areas of business.

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He has a Bachelor of Arts Degree in Business Administration and Information Systems from Addis Ababa University College of Commerce. He further solidified his expertise by earning the prestigious Association of Chartered Certified Accountants Qualification (UK) in 2008, later becoming a Fellow Chartered Certified Accountant (FCCA). His journey took him from junior auditor to Audit Manager at the former Getachew Kassaye & Co, the first private audit firm in Ethiopia, worked as a finance manager and opened his own Audit firm and worked for more than 10 years.
He has rich experience during his two decades of experience, He has showcased unwavering dedication to excellence, integrity, and professionalism, consistently surpassing set benchmarks. His profound expertise and hands-on experience render him an invaluable resource in navigating intricate financial landscapes and steering organizational triumph.

Expertise
  • Audit and Assurance Education
  • BA in Business Administration and Information Systems, Addis Ababa University
  • Fellow Chartered and Certified Accountant, ACCA
Audit and Assurance Service

We provide the following quality focused services for our various clients working in all sectors including manufacturing, trading, NGOs, Agriculture, Construction and finance sectors.

Our Expertise
  • Statutory audit of Financial Statements
    We provide an independent examination of a company’s financial statements and records to ensure that they are accurate and complete. It is required by either law or by some lenders and investors.
  • Review of financial statements
    We provide a financial statement review which is a type of audit that is less in-depth than a financial statement audit. It involves reviewing the financial statements to determine whether they are presented fairly in accordance with the accounting principles of the Company.
  • Performance Audit
    We make a systematic examination of the effectiveness and efficiency of an organization’s performance in achieving its objectives. It is a process of evaluating the performance of an organization, program, or activity to determine whether it is meeting its goals and objectives.
  • Compliance Audit
    A compliance audit is a process that businesses use to ensure that they are in compliance with applicable laws, regulations, and standards. The goal of a compliance audit is to identify any areas where the organization may be at risk of non-compliance and to take steps to correct those areas.
  • Investigation/forensic Audit
    It is a valuable tool for businesses and individuals who want to protect themselves from fraud and other criminal activity.
  • Compilation services
    We provide financial statement compilation services to enhance financial reporting quality by preparing financial statements.
  • Internal Audit
    We review accounting systems and internal controls, ensuring compliant financial statements, adherence to policies, review the overall accounting system and operations of the finance department.

Feleke Tesema-Managing Partner
Training and Human Capital Service Leader

Feleke Tesema is a founding partner and fellow Chartered Certified Accountant accredited by the Association of Chartered Certified Accountants (ACCA). He is well experienced practitioner with about 20 years of experience in Audit, Finance Advisory, Tax Advisory, and business consultancy. He has practical and enormous experience in various industries like manufacturing, Trading, Hospitality business, nongovernmental organization and other areas of business.

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He is well experienced in curriculum development, Training & Human resource development, change management & Business re-organization, financial analysis, Business advisory and strategic planning. He has in-depth knowledge in International Financial Reporting Standards (IFRS) and international public sector Accounting Standard (IPSAS) as well as International Standards on Auditing.
He has rich experience during his two decades of experience, He has showcased unwavering dedication to excellence, integrity, and professionalism, consistently surpassing set benchmarks. His profound expertise and hands-on experience render him an invaluable resource in navigating intricate financial landscapes and steering organizational triumph.

Expertise
  • Investment Specialist Training and human capital services
Education
  • Master of Business Administration (MBA)
  • Association of chartered certified Accountant (ACCA) – Fellow
  • International Financial Reporting Standard (IFRDip)
  • Bachelor of Art (BA) in accounting

 

Training and Human Capital Service

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We believe Human resource is a capital for the companies. Well trained mentored and developed human resource is crucial to meet organisation objectives and endeavour success. Well structured & organised companies can be responsive for market reaction and good resource management. Well fit organisational structure supports effective communication, decision-making, and accountability, ultimately contributing to the overall success and sustainability of the organization. As optimum we are well equipped to serve the clients. We offer our expertise to deliver the following human capital service to our clients.

Identify and consult the human resource requirement of the business
  • Organizational assessment and diagnosis
  • Organizational structure design
  • Job evaluation, Job grading, and job description
  • Salary survey and scale determination
  • Training and human resource Development

Email: feleke.t@optimumet.com
Phone: +251-913-18-07-49

Alemayehu Yimer-Managing Partner
Quality Control Department Leader

Alemayehu Yimer is a founding partner and fellow Chartered Certified Accountant accredited by the Association of Chartered Certified Accountants (ACCA)., with more than 19 years of experience. He is Proactive and result oriented with broad experience in all aspects of accounting, financial management and Audit. He has in-depth knowledge and understanding of IFRS, IAS, ISA, Ethiopian Tax Law and other regulations affecting the finance Sector. He gained valuable experience in different accounting systems in charities, private companies, financial institutions and international organizations. He has also strong familiarity with various accounting software and Excel usage to an advanced level.

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He has a Bachelor of Arts Degree in Accounting from Addis Ababa University College of Commerce. He further solidified his expertise by earning the prestigious Association of Chartered Certified Accountants Qualification (UK) in 2019, later becoming a Fellow Chartered Certified Accountant (FCCA)
Across his professional journey, Alemayehu has showcased unwavering dedication to excellence, integrity, and professionalism, consistently surpassing set benchmarks. His profound expertise and hands-on experience render him an invaluable resource in navigating intricate financial landscapes and steering organizational triumph.

Expertise
  • Audit and Assurance
  • Tax and Outsourcing Service
    Education
  • Bachelor of Art (BA) in accounting
  • Fellow Chartered and Certified Accountant, FCCA