To enhance sound financial decision making by developing and implementing financial accounting and reporting system that provides accurate and current information to stakeholders. 

Duties and Responsibilities:

Generic Duties:

• Plans, leads, organizes, staffs & controls department’s overall activities.

• Designs and implements procedures, systems, and tools to maximize departmental operating efficiency.

• Assesses risks by following industry trends to ensure profitability, company survival and provide solutions.

• Coaches, mentors, and develops employees through periodic performance evaluations and ongoing performance dialogue and feedback.

• Ensures adherence to company policies and procedures and undertake disciplinary actions if the need arises.

Main Duties & Responsibilities: 

• Develops, implements, and monitors the Department’s strategic, operational plans and budgets. 

• Reviews the general ledger structure, chart of accounts, policies, and procedures to enable financial statement preparation and compliance with all required financial audits.

• Initiates the updating of chart of account whenever needed and facilitates opening of general and subsidiary ledger accounts. 

• Manages the process of preparation and review of journal entries, balance sheet and reconciliations.

• Oversees effective implementation of company’s financial policies and procedures and ensures relevant government regulations are observed by all concerned parties.

• Checks all reconciliations are properly and timely prepared.

• Reviews transactions to ensure they are properly recorded, and books of accounts are balanced.

• Leads the preparation of general accounting reports at the end of each month and reports it to the immediate supervisor.

• Manages monthly closing of financial records and posting of month-end information and ensures accuracy of financial statements.

• Follows up timely preparation and submission of monthly, quarterly, and semi-annual interim financial statements report.

• Provides required documents and explanations to external and internal auditors. 

• Facilitates external auditing and follow up the timely completion of the Annual Audit Reports.

• Validates and analyzes financial statements, performs variance analysis, and follows up on key issues identified.

• Reviews and recommends improvements to finance policies, internal controls, systems, and processes.

• Prepares the corporate consolidated financial reports to show profit and losses and gives professional comment with recommendations.

• Leads the implementation and development of new procedures and features to improve the workflow of the department.

• Ensures authorized signatories are up to date, signs statements on time, and coordinates reviews as needed.

• Anticipates and documents the impact of new accounting rules on the Company's financial statements.

• Ensures integrity of the accounting system by monitoring that accounting transactions are correctly posted, and financial and management reports are produced on a timely basis. 

• Performs other duties assigned by the immediate supervisor.

Department: Finance

Report to: Chief Finance Officer (CFO)

Job Grade:

Direct Reports: Chief Accountants

Job Requirements

Qualification and Skills

Education:

Educational level Educational background

• BSc/BA or MSc/MA Degree Accounting, Accounting and Finance, Management, Business Administration, or related fields.

Experience:  

• Number of year/s 10 years for BSc/BA

• 8 years for MSc/MA

Skills:

• Advanced computer skills on MS Office, accounting software and databases

• Ability to manipulate large amounts of data.

• Proven knowledge of bookkeeping and accounting principles, practices, standards, laws, and regulations.

• High attention to detail and accuracy.

• Excellent communication and interpersonal skills.

How to Apply

Submit your CV via email: kerchanshe@ethiojobs.net