Job Expired
Addisitua Ethiopia Saving & Credit Cooperative
Finance
Accounting
Addis Ababa
3 years - 5 years
1 Position
2022-09-08
to
2022-09-16
Accounting & Finance
Full Time
Share
Job Description
Addisitua Ethiopia Community based saving and credit Cooperative Licensed & Operating in Addis Ababa City Would like to recruit competent and experienced the Finance Manager vacant post.
Main Duties and Responsibilities
Coordinate the overall operation of the Finance Departments.
Ensure that departments are equipped with relevant functioning hardware and software for efficient functioning of cooperative
Serve as a custodian on cash matters: keep safe keys
Report on the cooperative’s financial status and external operating environment
Ensure timely preparation of branch and consolidated trial balances on monthly basis formatted according to standards required by Ministry of Cooperatives and donors
Prepare monthly reports and analyze ratios required by Agency and other stakeholders
Prepare quarterly economic reports
Prepare accurate annual financial statements on a timely basis formatted according to standards required by the Agency
Prepare annual budgets, funds flow statements, and anticipated capital expenditures to be approved by the general assembly.
Monitor and manage the cooperative’s budget according to approved budgets
Ensure that the budget allocations are not exceeded and revenue targets are met and advise management accordingly.
Develop and implement cost control measures to reduce operational costs based on targets agreed upon with the General Manager.
Develop, maintain and oversee implementation of effective procedures to expand loan portfolio and manage credit risk.
Grow portfolio and maintain delinquency rates that meet or exceed target levels agreed upon with General Manager or specified in strategic plan.
Ensure effective and safe utilization of the Cooperative’s assets.
Ensure that each branch holds sufficient but not excess liquidity according to policies and procedures.
Ensure that the financial structure meets targets agreed upon with the General Manager or specified in strategic plan that increasingly adhere to international standards.
Ensure investments are prudent
Perform any other professional duty that may be assigned
Education
Bachelor’s Degree/ Master’s Degree in Accounting /Finance, MBA or any related field.
Professional course in accounting is an added advantage
Experience
5 years for Bachelors and 3 years Masters
Proven experience in similar position or 1 years supervisory role for Bachelors
Industry Experience will be an added advantage).
Required Skills
Individual with strong analytical skills and ability
Excellent communication skills and work productivity
Outstanding organizational and leadership skills
Problem-solving aptitude
Interested applicants with the required qualification and experience should submit their application, Curriculum vitae and non-returnable copies of qualification and experience documents to Addisitua Ethiopia Saving and Credit Cooperative Head Office within 10 working days after the announcement at the following address or through CLICK HERE
Addisitua Ethiopia Saving and Credit Cooperative Head Office
Located around Semen Hotel Addis Ababa Darule Blding 8th Floor.
Tel. +251111712464 / 0118625453 / 0118625066
Fields Of Study
Accounting & Finance
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