Job Description

Infinity Advanced Technology Solutions P.L.C. (IATS) is a leading medical equipment distributor and technical service provider in Ethiopia. Currently the company needs to hire a qualified personnel for the following vacancy:

Payment/ Disbursement Accountant

Number of positions: Two (02)

Duties and responsibilities:

Summary of the job:

 Disbursement

 Job Summary: This positions primary responsibility is to process the daily payments and cash disbursement transactions as well as other responsibilities as assigned. This position will also provide backup to cash receipt transaction processing as needed.

 Roles and Responsibilities:

Vendor’s Payment process

 ~ Post payment transactions to journals, ledgers and other records in the accounting software or direct the staff assigned to do this task

~ Complete ERCA templates, for tax summaries, complete forms and prepare payments along with internal templates

~ Track expenses and process expense reports

~ Reconcile accounts payable transactions, prepare analysis of accounts and monitor accounts to ensure payments are up to date

~ Verifies expense records at the ledger against bank statement records for payments

~ Produce monthly payment reports, assist with month end closing

~ Maintain vendor files, correspond with vendors, monitor accounts and respond/address to inquiries

~ Provide supporting documentation for audits

 Petty cash & Operational/working advance payment, replenishment and advance clearance

 ~ Process advance clearance document, collect amount due for infinity or prepare payment for the staff for balance over spent

~ Posting the payment /replenishment transaction to journals/ledgers and filling petty cash expense report document in a systematic and cross referencing way or direct the posting work to the staff assigned

 Bank accounts payment

~ Work on and forecast cash needs for upcoming payments (forecast report)

~ Generate reports on bank balances and cash need forecast for payments

~ Prepare Bank margin request report

~ Provide input for bank related reports

 Payment process management and staff support tasks

~       Ensures quality delivery of services through front desk reception, direct support and timely processing of payments 

~       Manages local /international procurement related payments or arrangements, business travel payments, contract related payments and commitments etc and provides management reporting on such type of payments.

~       Supervises disbursement staff and fosters a positive work environment, serves as liaison to cash disbursement team, take a lead in considering process and procedural changes, resolves disbursement process challenges and queries 

Provides backup support for senior accountants/ finance manager re payment management and disbursements

Job Requirements

Qualifications Required

 Education: Degree in Financial Accounting or Financial Management

 Experience: Two years of work experience in payment/disbursement or related tasks 

Competencies:

• Work independently.  
• Be a team player within the department and organization. 
• Think analytically and be a problem solver. 
• Communicate effectively, both in writing and in speaking, with customers, co-workers, and various business contacts in a courteous and professional manner.  
• Work completely and accurately under time constraints and deadlines.  
• Work in a fast pace environment and prioritize multiple work assignments. - Provide excellent customer service. 

How to Apply

Interested and qualified candidates shall submit their motivation letter along with their non-returnable recent CV and credentials within seven (07) days of this announcement via Email: recruitment@infinity-et.com or hand delivery to the company’s office located in Bole Sub-City behind Friendship City Center next to Jupiter Hotel; 

 Note: - Please make sure you mention the vacancy title and attach application (motivation) letter, CV and educational credentials. Applications without these will not be considered. 

Only short listed applicants will be contacted.