About ASBM Industrial PLC

ASBM Industrial pls aspire to ensure that the company customers always get the best by providing quality products & services; currently we have about 1,327 permanent employees and working on producing high quality customer-oriented textile products, high quality apparels and house-holding products for local and international market. 

Duties and responsibilities 

• Manage and control the accuracy of financial transaction captured in the general ledger and subsidiary ledger recorded in the Peachtree system.

• Oversee that all transactions are recorded based on ASBM chart of account, system, cost center and account number,.

• Maintain system of accounts and keep books and records on all transactions and assets.

• Prepare and analyze accurate monthly financial and management reports, including income statement, balance sheet, budget and variance, projections and forecast, and cash flow.

• Maintain control of the following areas: general ledger, account receivables, accounts payable, expense reports, billing, and payroll.

• Administer payroll, using various tools to deliver flawless payments.

• Supervise new-hire onboarding, benefits administration, and broker relationship management. 

• Assist in the management of budget reporting, compliance, and reconciliation.

• Prepare a variety of ad hoc financial scenarios as requested. 

• Monitor and follow the day-to-day activities of inventory (Raw materials, semi-processed and finished products) record in all company factories.

•  Transactional Responsibilities:

• Ensure that all financial transactions are processed accurately, in a timely manner, and in accordance with generally accepted accounting principles/ IFRS.

• Develop, implement, and maintain processes and controls that are current best practices related to transaction processing.

• Manage, oversee, process (as appropriate), and act as backup for processing all of the following transactions: payroll, accounts payable, revenue and expense, fixed assets, cash, bank reconciliations, and allocations.

• Control company Fixed asset registration record with balance sheet report

• Perform month-end inventory closing procedures, including all direct and indirect cost with overhead allocations, account reconciliations, and updating schedules.

• Maintain an orderly accounting filing system.

• Assist in coordinating the preparation of the draft audited financial statements and all tax returns.

• Coordinate the preparation of financial information in the corporate annual report.

• Recommend and report upon benchmarks against which to measure organizational performance.

• Follow up of cost allocation and cost build up system of the company.

• Assist in production of cash flow reports, annual budget, and forecasts.

• Calculate variances from the budget and report significant issues to management.

• Provide for a system of management cost reports.

• Provide financial analyses and models as needed, in particular for capital investments, pricing decisions, and contract negotiations.

• Assure that monthly, quarterly and annually government tax obligations are conducted at a given time.

• Perform any other related assignment from Finance Director.

Job Requirements

Required Competencies

• Experience in general accounting management is a must.

• Understanding and knowledge of country different tax laws.

• Strong analytical, organizational thinking skills.

• Excellent communication, interpersonal, and customer service skills.

• Knowledge of data analysis and report writing.

• The ability to understand and follow company policies and procedures.

• The ability to work under pressure.

• Analysis and report writing.

• Peachtree Accounting knowledge is mandatory

• Microsoft office experience is mandatory

Education 

• BA or Diploma in Accounting or Finance from a recognized university/college.

Experience

• Bachelor's degree as a Senior accountant 6 years, or related field with 8 years’ experience in Accounting/Finance generalist and or/Diploma in Accounting or Finance or related field with8 years of experience in related field.

How to Apply

Submit your application along with non-returnable CV and copies of relevant credentials via Email: asbmindustrialplc@gmail.com or in person to Ethiopian Textile and Garment Manufacturers Association located at Ethiopian Chamber of Commerce Building 7th floor Office no. 716