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Accounting Team Lead

Light for the World

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Finance

Accounting and Finance

Addis Ababa

6 years - 8 years

1 Position

2024-09-25

to

2024-10-03

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

Accounting

Accounting & Finance

Full Time

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Job Description

Light for the World -International is an international non-for-profit organization operating in Ethiopia with registration No. 1706. We enable crucial eye health services and help empower people with disabilities in some of the poorest regions of the world. Our programmes include:

o  Eye Health – preventing blindness and promoting eye health for all

o  Education – ensuring children with disabilities receive quality, inclusive education.

o  Work – enhancing access for persons with disabilities to opportunities for employment 

and self-employment 

o  Neglected Tropical Diseases – elimination and control of neglected tropical diseases. 

Light for the World core programme includes eye health, elimination of neglected tropical diseases, community-based Rehabilitation, inclusive education, and disability mainstreaming.

Internal/External Vacancy Announcement

To strengthen our highly committed and passionate team we are looking for a

Job Position: Accounting Team Lead

Location: Addis Ababa with little travel within the project areas 

Terms on Employment:  One year contract with the possibility of extension

Reporting Line: Head of Finance and Operations

This role's primary purpose is to oversee all aspects of the organization’s Accounting and finance initiatives. She/He will be responsible for the overall management of the accounting unit and will closely work with the HF&O to create, implement and analyze financial budgets and forecasts, ensuring alignment with programmatic strategies. The Accounting Team Lead will also be responsible for setting up and maintaining adequate in-country financial reporting in accordance with regulations and complying with all standards, requirements, and regulations affecting the Country Office.

Duties and Responsibilities

Accounting, Finance, and Budget management

  • Ensure excellent records related to bookkeeping expenses, funds, partners finances that are accurate, up-to-date, sufficiently detailed, and well-prepared

  •  Supervises and supports subordinates in classifying expenses into appropriate accounts entering into accounting software and maintaining updated and accurate accounting records

  • Make sure that the necessary forms and procedures for financial administration are in place, and lawfully prepared, and carefully maintained.

  • Prepare monthly accounting reports and reports to respective designates in the country office and Head Quarter in a precise and timely manner

  • Manage the payroll function ensuring efficient systems, processes, and controls.

  • Monitors payment of salaries and ensures all deductions are accurate, paid, and reconciled

  • Manage the financial system, ensuring maximum productivity and that it meets the needs of the business today and in the future.

  • Oversee the continuous improvement of accounting and financial processes and assist partners to achieve best practices and optimal output.

  • Develop and oversee accounting policies and procedures for the country office to meet both current and future needs.

  • Prepare the financial section of the annual report of the country office.

  • Oversee the cash management function, including banking relationships and petty cash management.

  • Develop and oversee the internal review function to ensure that finance and operations controls and policies are complied with in the country office and field offices.

  • Ensure financial management reporting tools and processes are in place to support the ongoing and future needs of the country office

  • Manage ongoing banking relationships for maximum efficiency.

  • Develop cash flow forecasting and maintain optimal cash forecast.

  • Ensure the team delivers the highest standard of departmental, cross-departmental collaboration

  • Responsible for financial management and reporting needs of the country office.

  • Present semi-annual and Quarter financial reviews with accompanying analysis of results for the country office 

  • Ensure accounting events are recorded and classified on a timely basis and consistent with LFTW chart of accounts

  • Reviews and approves all financial reporting documents required in a precise and timely manner 

  • Participate in the annual financial plan development and budgeting process of the country office.

Policy Compliance with external stakeholders and internal procedures

  • Ensure all relevant government laws and regulations on taxation, payroll, income tax, withholding tax, etc.

  • Implement relevant accounting standards and audit standards

  • Establish and review adequate internal control procedure

  • Support all financial information for audit, connect to auditors, and supervise annual audit

Job Requirements

BA Degree/Master’s Degree in accounting, Accounting and Finance or a related field of study. With at least 8/6 years of relevant experience respectively in an INGO settings

  • Project financial cycle management skills.

  • Excellent financial and analytical skill

  • A flexible team player with a proven ability to work successfully 

  • Ability to build strong working relationships, internal and external to the organization.

  • Ability to multi-task and handle a fast-paced work environment.

  • Outstanding communication skills.

  • Coaching and leadership skills.

  • Treat all individuals with respect; respond sensitively to differences and encourage others to do the same

  •  High level of discipline, self-motivation, and time management

  • Proactive in sharing and seeking help to address challenges.

  • Upholds organizational and ethical norms.

How to Apply

Please send non-returnable CV and a cover letter mentioning how your experiences match with the job advert until 2nd of October 2024. Please mention your expected salary in your application letter and include 3 professional references into your CV. Applications should be sent through THIS LINK

We are an equal opportunity employer. We strongly encourage people with disabilities and or women to apply for this position. Only shortlisted candidates will be contacted for an interview.

Note: Please mention the title of the position you are applying for in the subject line. 

Fields Of Study

Accounting

Accounting & Finance

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