Job Expired

company-logo

Finance Manager Assistance

TAF Oil Ethiopia

job-description-icon

Finance

Accounting

------

6 years - 8 years

Position

2020-02-13

to

2020-02-22

Required Skills
Required skills have not yet been specified for this position this job
Fields of study
No fields of study

Full Time

Share

Job Description

Job Description

TAF OIL P.L.C is seeking an experienced and professional Assistance Finance Manager to join our team. This position will play a key role in the organizations.

Job Purpose:

The Purpose of the Assistance Finance Manager position is to lead and provide a pro-active, efficient, timely and relevant finance service to all departments at a level of detail necessary to manage budgets effectively.

The incumbent is responsible for ensuring proper books of account are maintained in compliance with government regulations, Accounting and financial standards and the Finance manual of TAF OIL PLC. S/he is also responsible for timely preparation of management and financial accounting reports, sharing information with internal and external sources as appropriate, building employee capacity in financial management and accounting.

Specific Duties and Responsibilities

Management

  • Maintain a documented system of accounting policies and procedures
  • Manage outsourced functions
  • Oversee the operations of the divisions, including the design of an organizational structure adequate for achieving the department's goals and objectives
  • Present potential scenarios and outcomes to management team
  • Manage the preparation and publication of departmental and organization financial documents
  • Examine financial and legal documents to verify accuracy and adherence to financial regulations and acceptable financial principles
  • Develop or recommend solutions for problems or situations

Funds Management

  • Forecast cash flow positions, related borrowing needs, and available funds for investment
  • Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
  • Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
  • Maintain banking relationships
  • Assist in determining the company's proper capital structure

Budgeting

  • Manage the preparation of the company's budget
  • Report to management on variances from the established budget, and the reasons for those variances
  • Assist management in the formulation of its overall strategic direction

Financial Analysis

  • Engage in ongoing cost reduction analyses in all areas of the company
  • Engage in bench-marking studies to establish areas of potential operational improvement
  • Interpret the company's financial results to management and recommend improvement activities
  • Prepares and reviews financial statements, financial reports, special analyses, and information reports which summarize and forecast the company’s activity and financial position in areas of income, expenses, cash flow, and projected expenditure, etc
  • Review company bottlenecks and recommend changes to improve the overall level of company throughput
  • Perform a variety of advanced financial analyses to determine present and forecasted financial health of the company
  • Create additional analyses and reports as requested by management

 Required skills and knowledge

  • A creative mindset with an ability to suggest improvements
  • Strong leadership and decision making skills
  • Strong skills and confidence to lead and motivate a team
  • Strong ability to manage own workload and supervise the work of others concurrently
  • Excellent time management skills and ability to multi-task and prioritize work under pressure
  • Attention to detail and problem solving skills
  • Excellent interpersonal, oral and written communication skills
  • Strong organizational and planning skills
  • Familiarity with email and proficiency in MS Office (MS Word, Excel and PowerPoint)

Number of the vacant posts - 1

Job Requirements

Required qualification

  • BA/MA Degree in Accounting and other related study

Relevant experience

  • For BA 8 years progressively responsible experience 
  • For MA 6 years progressively responsible experience

How to Apply

Interested applicants who fulfill the requirements can submit non returnable copies of their CV, application letter and other testimonial documents within 10 calendar days of this announcement in person through the following  Address: -

 

WolloSefer, TAF Oil Head Quarter, in Front of Tebaber Berta Building

Tel:- 0115- 580686/87 Ext-139

Related Jobs

2 days left

Nablis Healthcare Technologies plc

Junior Accountant (Urgent)

Accountant

time-icon

Full Time

1 yrs

1 Position


Bachelor's Degree in Accounting, Finance or in a related field of study with relevant work experience in the medical industry accounting practice Duties & Responsibilites: - Assist with financial reports - Process invoices, receipts, and payments - Assist in preparing financial statements and reports. - Record daily financial transactions in accounting software. - Reconcile bank statements and company accounts. - Support in processing invoices, payments, and expense claims. Required Skills: - Basic knowledge of accounting principles - Proficiency in MS Excel and accounting software - Experience with Revenue System websites

Addis Ababa

6 days left

Ombrix Trading

Senior Accountant

Senior Accountant

time-icon

Full Time

3 - 5 yrs

1 Position


Education Background in a related field of study with relevant work experience Required Gender: Female Duties & Responsibilites: - Contribute to the company's financial operations - Lead the month-end and year-end closing processes - Ensuring compliance with accounting standards and regulatory requirements Required Skills: - Proficiency in supplementary software such as MS office, Peachtree and others - Has prior experience in Construction Company

Addis Ababa

8 days left

Consortium of Ethiopian Human Rights Organizations(CEHRO)

Term of Reference (ToR) - Finance Coordinator

Finance Specialist

time-icon

Full Time

7 yrs

1 Position


Bachelor's Degree in Accounting, Finance or in a related field of study with relevant work experince in Finance out of which 4 years of experience working on related position desired and minimum of 5 years of experience working with NGO/INGO of grant compliance management, budgeting and accounting Duties & Responsibilites: - Reviews accounting reports, including Cash and Bank Transaction Journals, Cash and Bank Reconciliations, and Bank Statement ensuring correctness and completeness of the records. - Categories payments correctly under the appropriate expediter codes. - Ensure that HR procedures and policies are in line with CEHRO guidelines and the Ethiopia labour law. - Ensure that impartial recruitment procedures for staff are followed. - Creates the necessary file management and personnel evaluation systems that will ensure the efficiency of program activities; - Assists the Operations and Finance Manager in staff recruitment process and general oversight;

Addis Ababa

8 days left

Matilda Business Group Plc

Senior Accountant

Senior Accountant

time-icon

Full Time

3 - 4 yrs

1 Position


Bachelor's Degree in Accounting, Finance or in a related field of study with relevant work experience Duties & Responsibilites - Oversee daily accounting operations, including accounts payable, receivable, and general ledger. - Prepare and review monthly, quarterly, and annual financial statements. - Ensure compliance with financial regulations, standards (e.g., GAAP or IFRS), and internal policies. - Lead month-end and year-end closing processes. - Analyze financial data and provide insights to support business decisions. Required Skills: - Proficient in ERP methods. - Proficient in MS Excel. - Strong verbal and written communication skills. - Ability to multitask and internal controls. - Hardworking and honest - Excellent problem-solving and decision-making skills

Addis Ababa

12 days left

Grand Coffee

Junior Accountant

Accountant

time-icon

Full Time

1 - 2 yrs

1 Position


Bachelor's Degree in Accounting or in a related field of study with relevant work experience (Experience as a cashier or store keeper is preferred) Residency Close to Figa Required Gender: Female Duties & Responsibilties: - Process accounts payable/receivable (invoice verification, payment runs) - Reconcile bank statements and credit card transactions - Maintain general ledger entries and assist with journal postings - Prepare draft financial reports (balance sheets, P&L statements) - Help execute month-end closing procedures

Addis Ababa

17 days left

Virtual Equb

Credit Controller

Credit Officer

time-icon

Full Time

2 yrs

1 Position


Bachelor's Degree in Finance, Accounting, or in a related field of study with relevant work experience Duties & Responsibilties: - Assess the creditworthiness of new and existing customers. - Generating and sending invoices to cMonitoring and tracking pending invoices. - Addressing and resolving payment discrepancies, disputes and billing issues. - Debt collection and collaborating with debt collection agencies when required. - Maintaining accurate records of customers' payment history and debt recovery efforts. Required Skills: - Strong understanding of credit risk assessment and collections processes. - Excellent communication and negotiation skills. - Proficiency in financial software and basic knowledge of MS Excel. - Detail-oriented, organized, and capable of meeting deadlines.

Addis Ababa