Purpose statement

Responsible for Project (CAPEX Expansion), Fixed Assets & other GL accounts control, administration and reporting process. Closely monitors and ensures accurate and up to date accounts and financial records are maintained based on Company financial policy and procedure and a standardized procedure. 

Duties and Responsibility 

• Maintain project-related records and reviews contracts/subcontracts and cross check contracts to ensure they agree the records.

• Collects, reviews, approve & processes subcontractor/supplier monthly project invoices. Needs to ensure all invoices have been accrued properly and timely to the correct cost centers in SAP and phase codes.

• Review and include overseas & local travel expenses that incurred with respect of project into the appropriate project accounts.

• Investigate project variances and submit variance reports to management

• Create and submit government reports and tax returns related to projects

• Provides monthly assistance to Project Management staff in the preparation of monthly billings.

• Prepare project payment control sheet and reconcile with Payment Certificate and contractual agreement documents before payment request.

• Control advance payment, tax and retention account balance related with project expenses

• Responsible to process CIP Transfer to Asset after ensuring all procedures & formalities completed based on Group Project Management Policy.

• Responsible to booking fixed asset transactions (WIP, additions, transfers, disposals) are recorded accurately, consistently and within company policy and budget.

• Maintain Fixed Assets Register book on SAP and reconcile it with audit report.

• Assess property, plant and equipment for impairment triggers and perform appropriate impairment tests when necessary.

• Track capital expenditures in comparison to the budget and expenditure approvals

• Review and validate fixed asset related balance sheet accounts monthly.

• Facilitate for Fixed & intangible Assets Revaluation & impairment review process on annual base and when needed.

• Facilitate Singapore Head Office team on AFCEs (Authorization for Capital Expenditure) details and reconcile the AFCE report with balance sheet on monthly basis.

• Keep a track record and report to the management for all the project expenses incurred on weekly basis.

• Check accruals for all month end expenses related to marketing, HR, admin, maintenance etc. 

Job Requirements

Qualifications:

• BA Degree in Accounting, Accounting & Finance or relevant field o Minimum 4 years’ relevant experience of which two years as Sr. Accountant or Sr. Account Officer in manufacturing industry.

• SAP knowledge is a plus 

• Good knowledge of the Ethiopian Tax regulations.

Competencies:

• Good understanding of Project Management & Accounting rules

• Detailed knowledge of project contracts and change order documents.

• Excellent communication and writing skills

• Ability to access and accurately input information

• Ability to work independently and complete duties and projects with little direct supervision.

• Competency for compliance of Group Finance & Accounting Policies & Income Tax Proclamation

• Strong experience in financial reporting and business control.

• Time management and soft skill 

How to Apply

Qualified candidates who meet the above requirements can submit their CV and cover letter through CLICK HERE  by specifying the position and JOB ID in the cover letter