Vacancy Announcement

Position Title: Finance Operation Manager

Department/Program: Finance Operations Function: Finance       

Department/Program: Social Enterprise

Division: Enterprise Fund  

Level: D2

Reports to: GM, Income Generating Activity

Direct Reports:  Treasury Management

                             Inventory Management

                             Accountant and reporting

Based in: Addis Ababa  

Duration of contract: Indefinite based on performance and availability of fund

Remuneration: As per organization pay scale plus other PSI/Ethiopia staff benefits

Application Deadline: December 30, 2019  

Who we are?

We’re Population Services International (PSI), the world’s leading non‐profit social marketing organization. We work to make it easier for people in the developing world to lead healthier lives and plan the families they desire by marketing affordable products and services that range from mosquito nets to contraceptives to HIV testing. We are a $560m enterprise based in Washington, DC, operating in the private and public sectors in more than 65 countries.

Join us!

There are over 9,000 “PSI’ers” around the world. It’s a diverse group of entrepreneurs and professionals with an unusually wide range of backgrounds - from the medical industry to the music business - all with unique skills we bring to the job.

PSI/Ethiopia wants reimagine healthcare, put the consumer at the center, and whenever possible, bring quality care to the front door.  We achieve health impact in Ethiopia by working with both government and private partners and harvesting technology innovation to bring quality care closer to communities, schools, and homes.   We empower consumers by including them in the design of healthcare solutions, offering them more healthcare choices, and helping them to have a voice in influencing national priorities.  We work with all market actors in the health system to understand their needs, designing and delivering solutions so that market systems can sustainably serve consumers for the long term, helping to support the Government of Ethiopia in achieving Universal Health Coverage. 

We are looking for an analytical, reliable and solutions-oriented Finance Operation Manager that establishes a reliable accounting and reporting system that enhance the financial decision-making process of PSI Ethiopia’s IGA by (i) monitoring accurate recording of transactions, and timely preparations of financial reports; appropriate tax filing and (ii) conducting a close follow-up on the organization’s compliance with all financial and regulatory obligations.

Sounds like you? Read on!

Key Result Areas:

• Finance operation management
• Timely financial reporting
• Tax reporting compliance
• Cash flow management
• Inventory management
• Office and facility management

Main Duties and Responsibilities:

• Oversee the operations of the Finance and accounting including Treasury, sales and A/R, and inventory management and archive and documentation, fixed asset and vendor payments, and chart of accounts.
• Lead the development, dissemination and implementation of goals, policies, priorities, and procedures relating to financial management and accounting.
• Maintain sound financial systems and policies in line with IFRS for SMEs, PSI policy, partner contractual obligations, statutory regulations, and local relevant laws and directives.
• Supervise the preparation of monthly tax filing and declaration including all supporting schedules and the reconciled trial balance.
• Ensure timely submission of all statutory reports including tax returns.
• Ensure that accounting entries and financial reports comply with IFRS, PSI policy, funder regulations and contractual obligation with partners, relevant local laws and directives.
• Manage cash flow of the IGA wing and maintain relationships with local banks.
• Prepare financial statement for annual, ERCA, ACSO and external audits as required and manage the audit process.

Generic Duties of the Position:

• Develop and implement the IGA’s plans and objectives.
• prepare bank reconciliation for the bank account designated for IGA cash management.
• Ensure month and year end inventory count in all warehouses and prepare a report.
• Monitor and ensure proper utilization of the IGA’s budgets.
• Identify human resources requirements of the IGA wing and develop plan for meeting the requirements.
• Lead the development, implementation and review of relevant policies and procedures.
• Review, approve and submit reports to relevant organs.
• Support the development of subordinates through periodic performance evaluations, coaching, mentoring, ongoing performance dialogue and feedback.
• Represent the PSI/E’s IGA in external relationships related with the unit.

• Participate in group decision making processes by forming part of different groups/committees

What are we looking for? The basics

• Master’s degree in Accounting, Finance, Business Management, or related fields with Five (7) years of demonstrated experience out of which two (5) years at a Managerial level

OR

• Bachelor’s degree in Accounting, Finance, Business Management, Banking and Finance or related fields with seven (10) years of demonstrated experience out of which three (7) years at Managerial level

• Certified in adoption and implementation of IFRS

What would get us excited?

• Working knowledge of accounting of entities in supply chain, business entities and regulations for cooperative agreements, international and domestic trade relations

• Exposure to supply systems of health supplies and commodities

• FMCG experiance

• Proficient in MS office applications and advanced financial analysis tools

• FMCG knowledge and experience

• Proficient in English and local languages, both written and verbal communication