Job Expired
Credit and Collection Controller
Awash Wine Share company
Finance
Accounting
Addis Ababa
5 years - 8 years
Position
2021-09-07
to
2021-09-16
Full Time
Share
Job Description
About Awash Wine
Wine making has been a part of the Ethiopian culture for more than a millennium, dating back to the Axumite era. Although this traditional method has survived all that time, the methods, quality and variety stayed the same. In 1943 GC (1936 Ethiopian Calendar), a Greek family started the first winery in Ethiopia around followed by an Italian family who established their winery at Mekanisa. The two ventures where nationalized in 1973 and regrouped in one entity that was named Awash Wine. Since that time, we have grown to be one of the country’s most loved brands-a market leader that is interwoven with the cultural fabric of the county
Purpose of the Job
Manage / oversee and responsible the for Order to Cash Credit, Collection, incentive and reporting finance processes and activities, including credit policy management (incl. credit collection), customer incentive determination and settlement, litigation/debt recovery, in accordance with the Company statutory (IFRS) and tax guidelines policies and objectives, in order to achieve the best performance and business partnering to the Company`s commerce team as well as Customers, while contributing to ongoing continuous improvement, process standardization in the entire Order to Cash Processes
Main Responsibilities
- Manage/oversee and responsible for day to day performing generic collections, pre due process, credit limit exceeded process (incl. Validate monthly), overdue process for customer, incentive and target setting process, incentive target achievement validation and settlement process
- Validate every sales transactions that are invoiced and processed without cash payment and empty returns, validate credit sales invoices with respective credit agreement and motive, related financial accounting and reporting activities, preparing local consolidation and define elimination postings, posting the approved elimination postings, perform the reconciliation of credit and customer balances, communicate respective balances to each customer and reconcile and possible disputes, review or determine action on GL Codes in relation to bad debt provision, account receivable, customer incentive, and related.
- Make sure that product issued to direct sales drivers are settled on the same date with a maximum of two days.
- Manage the month end timetable, by liaising with the Commerce team, to ensure proper integration of activities and timings, timely settlement of any post-dated cheques, closing of open in transit transactions and incentive process etc
- Escalate and report, on time and in full, all none documented, authorized, substantiated and noncompliant transaction (eg. credit sales without credit agreement signed and authorized by the right delegate, changes in the credit limit without proper authorization and credit agreement, inaccurate or incomplete documentation for customer incentive, etc)
- Monitor and review process controls, compliance, and take the appropriate action when controls have not been followed according to the defined procedure, if there a gap in the procedure and process, drive the improvement and update of the procedures and controls. Validate and confirm any credit limit change and update in Syspro in the customer master data process; and document all authorization and documents for such changes.
Job Requirements
Education
- University degree, preferably in Finance, Accounting, Management, or related subject from a reputable institution
Experience
- 5 - 8 years of experience in Collections Operations, preferably within a beverages FMCG company
- Ability to understand service performance measurement and reporting, including use of PPIs and Service levels
- Good understanding of ERP Accounting Systems, Order to Cash processes, Workflow, etc.)
- Ability to understand and supervise the application of Ethiopian Tax and statutory requirements
How to Apply
All Qualified and interested candidates can apply online through Ethiojobs by sending an application letter and CV on or before September 16, 2021
Related Jobs
about 13 hours left
Agar Healthcare Trading PLC
Accountant and Office Admin
Accountant
Full Time
2 yrs
1 Position
Bachelor’s degree in Accounting, Business Management, or in a related field of study with relecant work expereince Duties & Responsibilites: - Maintain accurate and up-to-date employee records, including contracts, attendance, and leave management. - Coordinate staff recruitment, onboarding, and orientation processes. - Support performance appraisal processes and enforce clinic HR policies. - Manage clinic office operations including supplies, facilities, and logistics. - Coordinate administrative support across departments and ensure proper filing systems. - Assist management in scheduling meetings, preparing internal communications, and handling correspondence. - Income tax - Withholding tax - Pension contributions
3 days left
Pixel Import and Export
Finance Officer
Finance Officer
Full Time
1 - 2 yrs
1 Position
Bachelor's Degree in Accounting, Finance or in a related field of study with relevant work expereince Required Gender: Female Only Duties & Responsibilites: - Prepare and submit weekly bank reconciliation reports and actuals to management. - Ensure timely submission and payment of statutory obligations, including VAT, income tax, and pension contributions. - Conduct regular meetings with the finance supervisor to align on tasks and priorities. - Develop weekly plans for the finance department and communicate them effectively to the team. - Prepare payroll, ensuring accuracy and adherence to company policies and legal requirements. Technical Skills: - Proficiency in financial software and Microsoft Office Suite, particularly Excel. - Strong understanding of financial reporting, reconciliation, and compliance requirements. - Familiarity with VAT, income tax, and pension regulations
4 days left
Sunny Steel Pipe Manufacturing PLC
Internal Auditor
Auditor
Full Time
4 - 5 yrs
1 Position
Master’s or Bachelor’s Degree in Accounting, Management, Economics, or in a related field of study with relevant work expereince, out of which 3 years in financial and operational audit roles Duties & Responsibilites: - Support the Internal Audit & Inspection Manager in planning and executing the Financial & Operational Audit Plan - Ensure strict adherence to audit procedures, including issue identification, evidence analysis, and documentation - Review and validate audit reports prepared by financial and operational audit staff - Recommend improvements to strengthen the internal control system - Supervise the work of financial and operational audit analysts Required Skills: - Preferably experienced in manufacturing, steel, or utilities industries - Strong understanding of financial controls, IFRS, and regulatory standards - Familiarity with fraud indicators and audit trail review - Experience with ERP systems, Peachtree, or similar accounting software
5 days left
Oda Hulle General Hospital
General Accountant
Accountant
Full Time
10 yrs
1 Position
MA or BA Degree in Accounting, Banking and Finance or in a related field of study with relevant work experience Duties and Responsibilities: - Posting and processing journal entries to ensure all business transactions are accurately recorded in the accounting system. - Preparing balance sheets, income statements, profit and loss statements, and other financial reports to reflect the company’s financial position. - Reconciling accounts payable and receivable, bank statements, and clearing accounts to ensure accuracy and completeness of financial data.
5 days left
Oda Hulle General Hospital
Finance and Accounts Manager
Finance Manager
Full Time
15 yrs
1 Position
MA or BA Degree in Accounting, Banking and Finance or in a related field of study with relevant work experience, out of which 3-5 years in hospital finance leadership area. Duties and Responsibilities: - Manage day-to-day finance and accounting activities such as maintaining the general ledger, accounts payable and receivable, payroll, fixed assets, and business license tax programs. - Ensure accurate recording of transactions and compliance with accounting standards and legal requirements. - Prepare and review financial statements, including monthly, quarterly, and annual reports.
5 days left
Oda Hulle General Hospital
Senior Accountant
Senior Accountant
Full Time
7 - 10 yrs
1 Position
BA Degree in Accounting, Banking and Finance or in a related field of study with relevant work experience Duties and Responsibilities: - Prepare and analyze complex financial reports, including monthly, quarterly, and annual financial statements. - Perform variance analyses and account reconciliations. - Produce error-free accounting reports and present financial status summaries to senior management. - Develop revenue projections, forecasts, and budget preparation. - Analyze financial information to identify errors and recommend improvements for efficiency and spending.