About Us

Safaricom Telecommunications Ethiopia Plc is a company supporting Ethiopia’s digital transformation. As a member of the Vodacom family, we have a wealth of experience connecting over 334 million people globally and over 180 million people in Africa across our network. We look forward to partnering with Ethiopians as we build a new network in Ethiopia.

We are setting the groundwork in readiness for the launch of our services next year and are looking to work with purpose-led teams that put the community at the heart of service.

Safaricom Ethiopia is offering a wide range of careers, whether you’re looking to join our technology, commercial or corporate teams. If you would like a challenge and the promise of a digital future for the people of Ethiopia, we are looking for you. 

We are pleased to announce the following vacancy for Senior Accountant – Inventory within Finance Function in Ethiopia. In keeping with our current business needs, we are looking for a person who meets the criteria indicated below.

Detailed Description

Reporting to the Manager – Fixed Assets, the role holder will be responsible for accounting for all stocks purchased by the business and ensure they are properly recognized and valued for inclusion in the financial ledgers in accordance with the STEP policies and international accounting standards.

Job Responsibilities

• Ensure inventory is aged accurately for all the stock points.
• Consolidate the listing of obsolete and slow-moving stock items for provisioning or write-off.
• Undertaking regular physical verification of the stocks to compare quantities and values against the inventory records and ledger amounts and prepare variances reports to explain differences between expected and physically stocks.
• Monitoring and accounting for spares to ensure they are correctly accounted for in the books; and maintaining a complete spares catalogue in the stock ledger for all spares and ensuring the receipts and issues of spares are processed through Oracle for complete accountability.
• Review all spares in oracle and compare this with reports provided by supply chain and any third-party managing spares ensuring there are no leakages or exposures.
• Facilitate any disposals of inventory at the warehouse ensuring proper documentation and recording of the process is done in the system.
• Review and approval of kitting transactions that emanate from supply chain and ensure kitting charge is loaded to the kitted items.
• Reconciliation of the inventory accounts. Reconcile stock balances in the stock ledger to the control account in the general ledger on an on-going basis and specifically at month end.
• Review of inventory account mapping. In liaison with financial systems team, review and approve all item codes being created in the systems for reporting purposes. Recommend the right accounts for each item in line with reporting requirements.
• End month account preparations including inventory supporting schedules and preparing a stock movement report by quantity, cost and revenues on a monthly basis for the purpose of monthly accounts per stock category.
• Computation of correct cost of sales and match to revenues generated in defined periods. This includes reviewing stock valuation module on an ongoing basis ensuring that all relevant cost elements are captured to guarantee fair stock valuation for all stock items.

Job Requirements

Requirements

• Business related bachelor’s degree from a recognized university.
• Qualified Accountant with CPA /ACCA/CIMA/ACA.
• 3 – 4 years post qualification experience in finance with specialization an area of financial accounting.
• Proficiency in data analytic and visualization tools
• A strategic thinker, shaping processes, people, and systems

How to Apply

If you feel that you are up to the challenge and possess the necessary qualification and experience, kindly proceed to update your candidate profile on Ethiojobs.net