Purpose statement: -Responsible for Project (CAPEX Expansion), Fixed Assets & other GL accounts control, administration and reporting process.

Duties & Responsibilities:

• Create project accounts in the accounting system.

• Maintain project-related records and Reviews and processes subcontracts, subcontract change orders and cross check contracts to ensure they agree the records.

• Collects and reviews project subcontractor/supplier lien waivers.

• Ensure availability of guaranteed cheques equivalent to project advances at all times.

• Collects, reviews, approve & processes subcontractor/supplier monthly project invoices. Needs to ensure all invoices have been accrued properly and timely to the correct cost reports and phase codes.

• Review and approve time sheets for work related to a project

• Review and include overseas & local travel expenses that incurred with respect of project into the appropriate project accounts.

• Review and approve overhead charges to be applied to a project

• Investigate project variances and submit variance reports to management

• Confer with payable staff regarding unpaid contract billings

• Monitors cash flow and communicate with the project and AP staffs on tracking A/P and when the projects are paid.

• Report to management regarding the remaining budget available for projects

• Review all project-related billings

• Investigate all project expenses not billed to vendors/ contractors

• Respond to requests for more detail from vendors/ contractors/ project engineers

• Close out project accounts upon project completion

• Create and submit government reports and tax returns related to projects

• Upload AFCE report on portal for Asset, Service & Project procurements.

• Create ZAFCE and Asset Creation on SAP for project purchase

• Prepare Service Entry Sheet for project service purchase

• Prepare & submit monthly group AFCE report on time & reply for any queries raised by project team and group AFCE report in charge officers.

• Provides monthly assistance to Project Management staff in the preparation of monthly billings.

• Prepare weekly Project Status report

• Expecting to work independently and travel out to jobsites to perform regular project cost report reviews.

• Prepare project payment control sheet and reconcile with Payment Certificate and contractual agreement documents before payment request.

• Control advance payment, tax and retention account balance related with project expenses

• Update project commitment list through closely follow up with Project & Supply Chain teams on weekly basis

• Compile and file copy of project AFCE purchase resource documents & contractual agreement documents

• Maintain Physical documentation file for ZAFCE application form & source documents like proforma invoices and approved memo and budget

• Responsible to process CIP Transfer to Asset after ensuring all procedures & formalities completed based on Group Project Management Policy.

• Taking full responsibility for transactional accounts accruals, retention release, provisions, and prepayments, ensuring integrity of data is correct and anomalies are investigated and reported accordingly.

• Responsible to booking fixed asset transactions (WIP, additions, transfers, disposals) are recorded accurately, consistently and within company policy and budget.

• Monitoring fixed asset purchases, ensure proper forms, procedures and policies have been followed as per Group Accounting & Reporting policy & AFCE policy.

• Ensure all expenditures of a capital nature shall be capitalized based on Finance & Accounting policy.

• Work closely with Accounting & Reporting Manager.

• Maintain Fixed Assets Register book on SAP and reconcile it with audit report.

• Assess property, plant and equipment for impairment triggers and perform appropriate impairment tests when necessary.

• Track capital expenditures in comparison to the budget and expenditure approvals

• Responsible to processing of all intangible assets and amortization

• Support & lead the annual fixed asset inventory processes

• Review and validate fixed asset related balance sheet accounts monthly.

• Work with supply chain & cost and budget section to ensure proper internal controls are in place and rolled out consistently.

• Ad hoc projects assigned by senior management including analysis of business operations, proposed accounting treatment of unusual transactions or other accounting and finance related matters.

• Ensure the group & statutory (tax) depreciation charges accurately calculated and booked on SAP a per group financial & accounting policy

• Responsible for Depreciation Run on SAP monthly base.

• Update insured assets list on monthly basis.

• Responsible to Create ZAFCE and Asset Creation on SAP for Fixed Assets purchase.

• Responsible to Prepare Service Entry Sheet for service purchase

• Accept and work any additional tasks that given from immediate supervisor and department heads.

• Report all unsafe conditions, near misses and unsafe behaviors.

• Reported all accidents and incidents.

• Engaged with employees continuously through safety talk to create awareness. 

Job Requirements

Qualifications:

• BA Degree in Accounting, Accounting & Finance or relevant field

• Minimum 4 years’ relevant experience of which two years as Sr. Accountant or Sr. Account Officer in manufacturing industry.

• SAP knowledge is a plus

• Good knowledge of the Ethiopian Tax regulations.

How to Apply

Qualified candidates who meet the above requirements can submit their CV and cover letter through THIS LINK by specifying the position and JOB ID in the cover letter and

Please fill the Job application form using THIS LINK