About EDI Ethiopia
The Entrepreneurship Development Institute (EDI) Ethiopia is an autonomous institution reporting to the Ministry of Labor and Skills. EDI came into being following the latest government reorganization bringing together two entities, namely: The UNDP-supported Entrepreneurship Development Center (EDC), established in February 2013, and the World Bank-financed Women Entrepreneurship Development Project (WEDP), inaugurated in December 2012. EDI aims to promote the emergence of a vibrant, competitive, and innovative private sector, in particular a strong SME segment. This is accomplished through a comprehensive package of entrepreneurship support programs ranging from ecosystem and capacity building to BDS, access to finance, market linkage, and business incubation and acceleration services. Following its new mandate as a national institution, EDI plays a key role in the Ethiopian entrepreneurial ecosystem, and has undertaken a strategic shift from direct services provider to building the capacities of other public and private institutions in the ecosystem.
About SEED Program
The Sustainable Employment through Entrepreneurship and Enterprise Development (SEED) Program is a 5 years program designed in partnership with the Mastercard Foundation and a consortium of organizations led by the Entrepreneurship Development Institute (EDI). The Program aspires in creating Dignified and Fulfilling Jobs for 1 million youth and women in Ethiopia. SEED will be anchored at the Technical, Vocational and Training (TVT) institutions aiming to support the advancement of education and youth employment by capacitating 100 TVTs through introducing transformative operational business models, supporting the establishment and operationalization of business incubation centers and the development of demand-driven and quality training programs, and supporting linkages essential for cooperation and collaboration for TVTs to become self-reliant and entrepreneurial.
The program has four major interventions; i) Transforming 100 TVTs towards enabling one million dignified and fulfilling work; ii) Enhancing the employability of young people through skilling and enterprise development; iii) Facilitating innovative access to finance and market linkages; and iv) Improving enabling environment for entrepreneurship and enterprise development.
Scope of work and job description
The Finance Specialist is accountable for the specific deliverables of the finance team, pertaining to financial transaction processing, recording, data management, treasury/disbursement management, Accounts Receivable/Accounts payable management, reporting, as well as organization-wide budgeting process. Finance specialist is expected to work closely with and has direct oversight of the activities of the finance officer to ensure the fulfillment of responsibilities. The Finance specialist also acts as a liaison between the Finance & admin manager and the Finance Officer and the rest of the finance team to ensure the smooth functioning of the team.
Financial Specialist Responsibilities:
Collaborate with different departments and management of EDI to gather and analyze financial information.
Prepares financial plans and develop financial models.
Prepares budget reports and financial statements in accordance with professional and regulatory standards.
Monitors the implementation of financial plans, performing risk assessments, and making adjustments as needed.
Documents financial processes and presenting progress reports.
Record daily transaction by using quick book accounting software and keep financial documents properly for audit purpose.
Keep informed of regulatory requirements and best practices in financial management.
Establishes and maintains an up to date and reliable financial management system.
Prepared monthly bank reconciliation for all bank accounts of the projects.
Follow bank related activities including deposits, check clearance, daily account balance, and receipts related to bank account.
Prepares quarterly and annual reports of the Program/projects.
Performs other related duties as may be required.
Open Position: One Position
Contract duration: One year with possible extension
Required Number: (1) One
Job Requirements
Finance Specialist Requirements:
Bachelor's degree or MA/MSc in Finance, Accounting, Economics, Business Management and other related field.
At least 7 years’ experience as a financial specialist, or similar positions.
Proficiency in business management, statistical, analytical, and spreadsheet software.
In-depth knowledge of financial analysis, models, and forecasts.
Superb attention to detail.
Excellent collaboration and communication skills.
Exceptional analytical and strategic thinking abilities.
Great organizational and time-management skills.
In-depth knowledge of quick book accounting software
bility to apply concepts of basic algebra and geometry
How to Apply
Entrepreneurship Development Institute (EDI)-Ethiopia now invites eligible candidates to apply for the above mentioned positions. Interested candidates should provide information demonstrating that they have the required qualifications and relevant experience to perform the required services.
The applicants should clearly describe the name of the position to which they are applying for on their application letter.
Female Applicants are highly encouraged to apply for all positions
Submit your recent and compressive CV with a letter of application and other relevant supporting documents via email: info@edi-ethiopia.org or in person to Entrepreneurship Development Institute, located around Kasanchis Nega City Mall, 3rd floor. For further information contact Tel. +251115571150
