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

Job Requirements

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

How to Apply

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