Brief Profile of the Company:

Established in 2020, SKILLMART EDUCATIONAL DEVELOPMENT SHARE COMPANY is the first education-based share company established with the aim of providing quality education from kindergarten through tertiary level. It was organized by experienced professionals in the Ethiopian higher education sector. Currently, the Company has successfully launched a College under the name “Skillmart International College” and a Kindergarten named “Skillmart Academy”. The College, with two campuses in Addis Ababa and Bahir Dar, currently is offering postgraduate programs including Project Management, Analysis, and Evaluation (PMAE); Business Administration (MBA) and Accounting and Finance as well as Undergraduate Degree programs in Accounting & Finance and Marketing Management. Skillmart is also offering a number of short term, tailor-made training programs facilitated by experts in the field. As part of its plan in ensuring financial accountability and transparency, as well as speedy and satisfactory customer service at all levels, the Company invites qualified and interested applicants in the following vacant position who will assist the institution in realizing its plan.

Major Duties and Responsibilities

• Develop a flexible annual audit plan using appropriate risk-based methodology, including any risks or control concerns identified by the board, and submit the plan for review and approval.

• Evaluate financial documents for accuracy and compliance with federal and other regulatory bodies’ regulations;

• Implement the annual audit plan, upon approval, including any special tasks requested by board and report periodically on the status and results of the audit plan;

• Review systems of internal controls maintained by Skillmart to safeguard financial and physical assets and making recommendations to correct any area of improvements;

• Identify the financial risk of the Company and offer recommendations to reduce risk;

• Identify accounting and financial record-keeping processes that can be improved;

• Assess the efficiency and productivity of internal accounting staff and make recommendations for improvement;

• Provide consulting and advisory services, beyond internal auditing assurance services, to assist the management in meeting its finance related objectives;

• Make sure that Company’s accounting staff are advised and supported to execute their assignments properly;

• Liaise with the external auditors as appropriate, for the purpose of providing optimal audit coverage;

• Conduct planned and spontaneous audits  by acting as external auditor whenever necessary;

• Assist with the Company’s annual as well sudden external audits;

• Follow up on the implementation of external audit recommendations;

• Follow up on the implementation of internal audit recommendations and continuous monitoring of the control environment;

• Prepare weekly, monthly, quarterly and annual reports with respect to all audit related activities of the Company;

• Assist the Management in bringing operations to the expected standards;

• Review the works of the accounts, cost, and budget sections in consultation with the legal frameworks;

• Inspects that all financial and accounting activities of the Company follow officially established directives, guidelines, and procedures;

• Crosscheck that all financial instructions are correctly interpreted and implemented;

• Ensures that financial outlays are committed within budget constraints and supported with valid and relevant documents and approved by the concerned authority in the Company;

• Ensures the existence of proper and consistent bank reconciliation system;

• Prepares and submits periodic audit reports to the Board of Directors;

• Guides, advises, and consolidates annual budget reviews;

• Facilitates the conducts of reality audit & initiate corrective actions of the outcome

• Present findings to the board and upper management in the form of reports and presentations;

• Carry out other activities as required;

Department:  Finance Department

Reporting to: Board of Directors

Occupation Category: Professional

Opening Date: 27th June 2023

Closing Date: 7th July 2023

Job Requirements

Qualifications  

• Any successful candidate for this advertised position is expected to be able to ensure that all the Company’s business processes are risk-management compliant. S/he will also be expected to assess certain areas for compliance with relevant laws and to evaluate how effective the Company has been at implementing its control mechanisms into practices.

Essential Competencies & Qualities

• Good knowledge of the theories, principles & practices of accountancy & auditing;

• Good knowledge of the Ethiopian Private Higher Education sector and exposure to Private College operations;

• Knowledge of the theories, principles & practices of management;

• Excellent facilitation and networking skills; proven experience in coordinating & leading team/s;

• Familiarity to the various working systems of FDRE’s Ministry of Revenue and other regulatory bodies;

• Familiarity to national as well as regional tax regulations, laws and requirements;

• Oral & Written fluency in Amharic and English languages;

• Ability to clearly communicate technical concepts to a non-technical audience;

• Excellent facilitation and networking skills; proven experience in coordinating & leading team/s;

• Strong analytical ability and problem solving skills;

• Excellent interpersonal & demonstrational skills;

• Good communication and report writing skills;

• Ability to work in pressures and to meet deadlines;

• Faithfulness to work ethics, to rules and regulations in all aspects

• Strong communication skills to work with Accountants and other co-workers

• Excellent attention to detail to review large amounts of data and numbers

• Considerable mathematical skills to verify entries

• Good critical-thinking skills to gather all of the available data and make informed decisions

• Excellent research skills to find all related information needed

• Proficiency in using different accounting software and spreadsheets such as Peachtree, CNET, Maraki, etc.

Educational Qualification & Experience

• BA Degree and above in Accounting & Finance/ Banking & Finance or other related fields;

• A minimum of  10 years relevant professional experience of which at least 3 years as an auditor or Finance Head position;

• Experience in the Ethiopian private higher education sector and/or in share companies at managerial or supervisory level is an advantage;

How to Apply

Submit your CV and credentials via email: skillmartedu@yahoo.com or in person to Skillmart Educational Development S.C, Addis Ababa, behind Bole Sub City, Great Commission Building, 5th Floor (Near Gurd Shola Taxi Station)

N.B: Please make sure to compile all your credentials in one document/File (PDF or Word)

Don’t forget to quote the job title “Internal Auditor” on the subject line of your email;

Only short listed candidates will be contacted for further screening and interview