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Junior Accountant - Fixed Asset Management and Lease/Rent Accounting

International Clinical Laboratories

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Finance

Accounting

Addis Ababa

1 years - 2 years

1 Position

2024-07-03

to

2024-07-05

Required Skills
Required skills have not yet been specified for this position this job
Fields of study

Accounting

Finance

Full Time

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Job Description

International Clinical Laboratories (ICL) is one of the largest of independent clinical diagnostic centers on the African continent. ICL has opened its door for service in 2004 with the aim of “contributing to the maintenance and enhancement of the quality of life throughout Ethiopia” by encompassing a system of human and physical resources designed to meet the changing healthcare needs of the population it serves.

It is the only laboratory accredited by the USA based Joint Commission International (JCI) for five times in a row. The laboratory provides more than 3000 tests in collaboration with its referral laboratories.

ICL would like to fill the following vacant positions under the Finance Department We are seeking a detail-oriented Junior Accountant with specialized knowledge in fixed asset management and lease/rent accounting. The ideal candidate will assist in maintaining accurate records of fixed assets, lease agreements, and rental transactions. This role requires a proactive individual who can ensure compliance with accounting standards, analyze financial data, and support financial reporting processes.

Required Skills /Responsibilities

  1. Fixed Asset Management:

    • Assist in the tracking and recording of fixed assets acquisitions, disposals, and depreciation/amortization schedules.

    • Conduct periodic physical inventory checks of fixed assets and reconcile discrepancies with accounting records.

    • Prepare monthly reconciliations of fixed asset subsidiary ledgers to the general ledger.

  2. Lease/Rent Accounting:

    • Maintain lease accounting records, including lease payments, amortization schedules, and adjustments.

    • Calculate and record monthly lease expenses and ensure compliance with lease terms and accounting standards (e.g., ASC 842).

    • Assist in reviewing lease agreements to determine appropriate accounting treatment and disclosures.

  3. Financial Reporting Support:

    • Assist in the preparation of financial reports related to fixed assets and lease accounting for management and external stakeholders.

    • Provide necessary documentation and support for internal and external audits related to fixed assets and lease accounting.

  4. Compliance and Documentation:

    • Ensure compliance with accounting policies, procedures, and regulatory requirements related to fixed assets and lease/rent.

    • Maintain organized documentation and files related to fixed asset additions, disposals, lease agreements, and rental transactions.

  5. Process Improvement and Support:

    • Participate in process improvement initiatives related to fixed asset management and lease accounting to enhance efficiency and accuracy.

    • Collaborate with cross-functional teams to resolve issues and streamline financial processes.

Report to: Finance Director  
Location:  Head office (A.A 1)
Department:  Finance 
Salary: - As per the company scale    

Qualification and Experience: 

  • Bachelor’s degree in accounting, Finance, or related field.

  • 1-2 years of experience in accounting or finance roles, preferably with exposure to fixed asset management and lease/rent accounting.

  • Basic understanding of GAAP and familiarity to IFRS for lease/rent accounting.

  • Proficiency in Microsoft Excel and accounting software (e.g., Oracle, SAP).

  • Strong analytical and problem-solving skills with attention to detail.

  • Effective communication skills, both verbal and written, and ability to collaborate with team members.

How To Apply

Qualified applicants who fulfill the above requirements shall submit their updated CV with a Cover Letter and copies of supporting documents in person to HR Admin office of ICL at “Bulgaria Mazoria”, or send using the mail address hrrecruitment@icladdis.com   within 5 days of this advertisement. The short-listed candidates will be selected to the recruitment process.

Note: Please put the position title on the subject line of your email. 

Fields Of Study

Accounting

Finance

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