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Senior Finance Officer (Finance Associate)

Laterite (Ethiopia) Ltd.

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Finance

Accounting

Addis Ababa

3 years

1 Position

2024-07-08

to

2024-08-08

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

About Laterite

Laterite is a data, research and analytics firm specialized in complex development challenges. We work with universities, global think tanks, international NGOs, multilateral donor organizations, and government ministries and agencies. Our clients include, for example, the World Bank, USAID, TechnoServe, Promundo, the Mastercard Foundation, and several UN agencies. 

We currently have offices in the Netherlands, Rwanda, Ethiopia, Kenya, Uganda, Tanzania, and Sierra Leone. The team brings together more than 80 full time local and international staff, as well as 1,000+ enumerators across all countries. We are proud to be a culturally diverse organization, and we welcome applications from groups currently under-represented in our team. Learn more: www.laterite.com 

We work in socio-economic development research projects. We believe that impact is a long-term endeavour that requires being embedded in the local context. Delivering high-quality research requires building local teams and data collection systems, knowing the country, and establishing close working relationships. 

One of Laterite’s key strategic goals is to create a collaborative and rewarding working environment for our staff, where every team member feels engaged, represented, and heard. Laterite is committed to create opportunities for learning and career development within the team and across our offices. 

Laterite is committed to creating a diverse environment and is proud to be an equal opportunities employer. All qualified applicants will receive consideration for employment without regard to race, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age or veteran status. 

Duties and Responsibilities:

What you will do: 

We are looking for a new colleague to join our finance team in Ethiopia. Our new colleague will:

  • Ensure effective accounting and recording in the Ethiopia office, keeping track of financial transactions, performing required reconciliations, and maintaining accurate documentation.

  • Maintain accurate cash flow forecasts and effectively explain the monthly cash flow forecast and highlight any risks.

  • Ensure optimal working capital management and manage and monitor currency exposure.

  • Prepare accurate and timely project profitability analysis and proactively seek ways to manage project costs.

  • Ensure maintenance of accurate project financial reports in line with unique client reporting requirements.

  • Ensure compliance with internal transfer pricing policies and advise on any risks and any changes with local transfer pricing regulations.

  • Ensure sales invoices are raised as soon as deliverables are complete and monitor collections in line with credit periods.

  • Review, generate, and analyze monthly financial reports and perform any other financial analysis needed for decision making

  • Ensure proper accounting and recording of intercompany transactions including timely reconciliations

  • Handle correspondence with suppliers and third parties such as bankers, tax authorities and govt agencies 

What’s in it for you?

Laterite offers a competitive remuneration package, including medical insurance and 21 days of annual leave. We are also committed to supporting our staff’s learning, providing an annual learning budget of up to $500 per person and 5 days of time off for professional learning each year. We also provide remote work options in accordance with Laterite's remote work policy. 

The starting salary for this role is ETB 87,000 gross per month. Salaries are pegged against the pay matrix, and there is ample opportunity for growth both in terms of salary scales and roles. 

Job Requirements

What you will bring: 

  • BA Degree in Accounting/Finance

  • Minimum 3 years of relevant professional experience 

  • Qualified CA/CPA or CFA professional

  • Excellent spoken and written English communication skills 

  • Excellent knowledge of accounting, book-keeping and forecasting and operations management, and proficiency in MS Office especially Excel

  • Experience with QuickBooks accounting software is preferred

Education      

  •  BA Degree in Accounting/Finance. 

  • Qualified CA/CPA or CFA professional

Must-have       

  • 3 years of relevant experience and excellent communication skills. Experience with QuickBooks is preferred

Languages     

  • English and Amharic

How to Apply

1). Online assessment
The first step is to complete a 45-minute online assessment for which no special preparation is needed using THIS LINK
2). Submit application
Successful candidates will then be invited to upload their CV and cover letter via our online application system. 
3). Interviews
Successful candidates will then be invited to a first interview. The interview stage will consist of two rounds of interviews.

Fields Of Study

Accounting

Finance

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