VisionFund Micro Finance Institution (S.C) is an Institution established according to proclamation No. 40/96 to provide financial services to the productive poor in the rural and urban areas of Ethiopia. VisionFund is currently operating in five of the Regional States of the country. VisionFund MFI is currently looking candidates for the position of Senior Financial Accountant based at the Head Office. The successful candidates will have skills and experience that meet the following requirements:

JOB SUMMARY

The Senior Financial Accountant is responsible to ensure timely and accurate preparation and submission of required financial performance, to ensure the maintenance of an updated and well kept accounting books and record and to ensure its verifiability for any audit or examination; to protect the integrity of accounting data in coordination with the ICT service limiting access to accounting systems module to authorized personnel only, to undertake financial analysis at area and branch level and to provide advice and support  to area office and  Branches in accounting tasks

1. Major Responsibilities 

To consider area office and branches’ financial statement s and reports:

• To follow up and collect financial statement  and  reports from assigned area office and branches periodically as per schedules 

• Check and verify submitted statement and reports 

• Communicate information and liaise with area offices  branches 

• Facilitate and assist timely preparation and production  of statement and repots in assigned area office and branches

• Conduct regular financial analysis on branch and area base and provide the necessary advice

• Provide solution and support  for transaction recording, report generation and any other issues of the financial system  to branches 

• To collect ,check, reconcile  and consolidate assigned area office  branches  financial statement and reports and prepare  consolidated  report  ;

• Check clearance of staff resigned or terminated   ensure all the necessary documents are sent to HO office for final payment;

To ensure the maintenance of an updated and well kept accounting books and records:

• Ensure timely and accurate monthly bank reconciliation  and prompt  action taken or reconciling items

• Ensure observance of polices in the preparation of payment ,deposits, petty cash and vouchers

• Ensure  the maintains subsidiary ledgers for all  assets and liabilities (Branches and Head office)

• Ensure  that the accounting books and records of the area and branches under his/her supervision

• Ensure that accounting books and records of the MFI are properly field and stored for  efficient retrieval and use

• Ensure that the general ledger is properly  filed and stored for efficient retrieval and use 

• Ensure that the general ledger is properly and completely maintained 

• Ensure the preparation of monthly payroll and payment of statutory deductions

• Undertakes financial ratio analysis

• Assist the accounts Manager in preparing cash flows statements for all branches and MFI;

Support and Provide oversight to the other financial accounting staff at head office and branch level:    

• Provide feedback to HRD on training needs of staff directly or indirectly reporting to him/her;

• Reviews the work of accountant in his/her area of operation;

Ensure and Assists in the preparation of documents for both internal and external:

• Provides assistance in any audit  or examination to be conducted by the external auditor, government  agencies as well as other   parties dully  authorized by the Board  of directors or the CEO  to conduct such activity;

Maintain Sufficient Controls Systems:

• Keeps  a systematic monitoring of all the area office and branches under the area  supervision equipment &monitor its movements and reviews its condition as compared to its book value 

• Ensure timely and accurate monthly bank reconciliation and prompt action taken on reconciling items

• Works with the treasurer to ensure adequate control of cash and other assets according to laid down polices of HO. 

Reporting:

• Promptly  produce regular financial and other reports on monthly, quarterly, yearly  and as needed 

• Undertake financial analysis at the HO and produce report with appropriate recommendations

• Produces for reviews monthly income ,balance sheet and  cash flow statement of his/her area of operations 

• Performs other related duties as required.

Job Requirements

• BA Degree/Diploma in Accounting/Finance or related fields. 

• Chartered accountant is an added advantage.

• 6/8 years of relevant work experience for Bachelor Degree/Diploma holder. 

• Determined personality with initiative, perseverance and the ability to motivate and manage a team

• Capability and willingness to take responsibility and highly developed sense of integrity

• Ready to comply and live up to and in accordance with the organization Ideals and Core values

• Be proficient in Microsoft office, Sun systems and excellent use of Excel spreadsheets

• Highly developed sense of reliability and accuracy

• Be a good trainer, facilitator, mentor, and coach

• Very good communication skills

3. Terms of employment: Permanent

4. Salary & Benefits:    As per the Intstitution salary scale 

5. Closing Date:  October 17, 2022

How to Apply

Candidates who fulfill the above requirements can send the application letter, updated curriculum vitae with names and addresses of up to 3 references and non-returnable copies of credentials to VFE_vacancy@wvi.org or in person to VF MFI S.C Head Office located Gerji Mebrat Haile infront of Mulmul Dabo or P.O.Box 31478

              Women applicants are highly encouraged to apply!

Note: -   Only short listed candidates will be contacted for subsequent assessment