Job Expired
Ethiopian Investment Holdings
Finance
Accounting
Addis Ababa
3 years
1 Position
2024-04-03
to
2024-04-10
Accounting
Full Time
Share
Job Description
Accountants review and analyse financial statements, budgets, financial reports, and business plans in order to check for irregularities resulting from error or fraud, and provide their clients with financial advice in matters such as financial forecasting and risk analysis. They may audit financial data, resolve insolvency cases, prepare tax returns and provide other tax-related advice in reference to current legislation.
Brief about EIH:
The Ethiopian Investment Holdings (EIH) is Ethiopia’s first sovereign wealth fund which was established on January 31st, 2021, through the regulation The Definition of Objective Functions and Organization the Ethiopian Investment Holdings Council of Ministers Regulation No 487/2014
Its objectives are to (1) serve as a strategic investment arm of the government of Ethiopia, (2) contribute to sustainable economic development through professional management of its funds and assets achieving the optimal use thereof in accordance with international best practice and corporate governance principles, and to maximize the value for the benefit of current and future generations and to (3) provide a strategic vehicle to attract foreign investment by, among others, establishing a co-investment platform, consolidating assets for further monetization, unlocking values from current unutilized assets and thereby bring the highest. EIH manages 31 public commercial companies, with which it will exercise the ownership function of the GoE.
Basic functions and scope of the job:
The basic objective of this job position is to split operations and reporting of the finance functions. Namely preparation of payment vouchers, cheques, remittances, documentation, data entry & posting, preparation of bank reconciliations, which are being handled by a single individual, which are also not advisable from the internal control perspective.
Handles all operational functions of the finance department
Custodianship of finance documents
Verifies completeness of documents before processing payments
Handles payments as per the company policies and procedure
Timely collection of bank documents
Assists in posting and data entry of financial transactions to financial software
Prepares weekly reports related to his tasks and assignments
Performs other duties assigned by his/her immediate supervisor
Qualification Required:
B.A. Degree in Accounting
At least three years of solid work experience in a group or commercial business environment
Competency requirements:
Proven experience in the following as an accountant and:
Excellent organizing abilities.
Great attention to detail
Good with numbers and figures and an analytical acumen
Good understanding of accounting and financial reporting principles and practices
Excellent knowledge of MS Office and familiarity with relevant computer software (e.g. Sage/ Peachtree)
Language requirements: Fluency in English and Amharic is required.
Interested applicants who fulfil the above requirements and want to join our dynamic and professional team should submit their updated CV and motivation letter (why they apply for the position) through email: talent@eih.et within seven working days from the date of this vacancy announcement. Please indicate the position you are applying for on the subject line.
Fields Of Study
Accounting
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