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Finance Officer-Cost Accounting

Catholic Relief Services (CRS)

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Finance

Accounting

Addis Ababa

2 years

1 Position

2024-11-22

to

2024-12-02

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

Accounting

Business Administration

Finance

Economics

Full Time

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Job Description

Job Title: Finance Officer-Cost Accounting 

Department: Finance 

Job Grade:  6

Reports To: Deputy Finance Manager-Operation

Term of employment: Indefinite term

Country/Location: Ethiopia/Addis Ababa

You will help coordinate and contribute to the implementation of the Country Program’s (CP’s) accounting systems, policies and procedures in compliance with CRS’ established accounting standards, Generally Accepted Accounting Principles (GAAP), donors’ rules and regulations, and legal requirements to support high-quality programs serving the poor and vulnerable. You will efficiently perform accounting services through documenting financial transactions by compiling, analyzing, and verifying account information; preparing account entries; and delivering financial reporting services. 

Roles and Key Responsibilities

  • Work with SCM team for fixing any Cost Distribution “Error” or “Warning” on timely basis.

  • Run Sub-ledger Reconciliation Report on regular basis, perform the necessary PIVOT analysis and notify SCM team for any accounting error.

  • Run Period End Validations on regular basis and fix issue identified to ensure all transactions are complete and accounted.   The process also run during SCM period closing processes.

  • Review period end Exception Report and take necessary corrective action.

  • Serve as linking bridge between SCM and Finance and ensure fixing of all costing errors before closing the month or Fiscal-Year.

  • Share Cost Accounting review feedback to HQ Cost Accountant at the end of each month end close

  • Review Inventory on Hand SCM report and reconcile against GL balance on monthly basis after each costing period close.

  • Conduct regular analysis for GL 140011and 140021 balances at project level and clear any abnormal balance.

  • Reconcile GL 140011 vs 330011 at project level and fix any variance between the two accounts at project level.

  • Support CP in clearing inventory related outstanding balance (such as GL 140011, 140021, 140031,140041,330011 and 930011) for on time closing of expired project(s).   

  • Review Inventory receipt supporting document on sample basis and ensure the Unit Cost used are accurate and the JE is supported with complete supporting documents.

  • Review inventory distribution document and ensure the entry are properly supported with auditable document and the dispatch entries are in line with proper FIFO valuation.

  • Analyze commitment balance and clear commitment errors coming from SCM module. 

  • Any other task as assigned

Job Requirements

Basic Qualifications

  •  B.A. degree in Accounting, Finance, Economics, Business Administration with courses in accounting, or a qualification in accounting (CPA/ACCA or equivalent).

  • Minimum of two years experience in a position with similar responsibilities, preferably with an international or local NGO, or a financial/banking institution.

  • Knowledge of the relevant public donors’ regulations preferred.

  • Proficient in MS Office packages (Excel, Word, PowerPoint, Visio), Web Conferencing Applications. Knowledge of financial reporting software preferred.

Required Languages - List languages required to perform the job 

Travel - include percentage of required travel, if applicable. Could be stated as Must be willing and able to travel up to X %. 

Knowledge, Skills and Abilities  

  • Knowledge of the relevant public donors’ regulations preferred.

  • Proficient in MS Office packages (Excel, Word, PowerPoint, Visio), Web Conferencing Applications. Knowledge of financial reporting software preferred.

Preferred Qualifications 

  • Excellent analytical skills with ability to detect and report inconsistencies

  • Accuracy and completeness with great attention to detail

  • Ethical conduct in accordance with recognized professional and organizational codes of ethics

  • Proactive, resourceful, solutions oriented and results-oriented

  • Ability to work collaboratively

Agency REDI Competencies (for all CRS Staff):

Agency competencies clarify expected behaviors and attitudes for all staff. When demonstrated, they create an engaging workplace, help staff achieve their best, and help CRS achieve agency goals. These are rooted in the mission, values, and guiding principles of CRS and used by each staff member to fulfill his or her responsibilities and achieve the desired results. 

  • Personal Accountability – Consistently takes responsibility for one’s own actions.

  • Acts with Integrity - Consistently models values aligned with CRS Guiding Principles and mission.  Is considered honest.

  • Builds and Maintains Trust - Shows consistency between words and actions.

  • Collaborates with Others – Works effectively in intercultural and diverse teams.

  • Open to Learn – Seeks out experiences that may change perspective or provide an opportunity to learn new things.

Agency Leadership Competencies:

  • Lead Change – Continually looks for ways to improve the agency through a culture of agility, openness, and innovation.

  • Develops and Recognizes Others – Builds the capacity of staff to reach their full potential and enhance team and agency performance.

  • Strategic Mindset – Understands role in translating, communicating, and implementing agency strategy and team priorities.

Supervisory Responsibilities (if none, state none)

***Our Catholic identity is at the heart of our mission and operations. Catholic Relief Services carries out the commitment of the Bishops of the United States to assist the poor and vulnerable overseas. We welcome as a part of our staff people of all faiths and secular traditions who share our values and our commitment to serving those in need. CRS’ processes and policies reflect our commitment to protecting children and vulnerable adults from abuse and exploitation.  

Disclaimer:  This job description is not an exhaustive list of the skill, effort, duties, and responsibilities associated with the position.  

How to Apply

If you are ready to take on this rewarding opportunity and make a difference in the lives of others, you may fill out the application form through THIS LINK and attach your up-to-date CV on/before the application deadline of December 1, 2024. You will be contacted only if selected for a written exam/interview. Phone solicitations will not be accepted. These job opportunities are open to Ethiopian nationals only. 

CRS' talent acquisition procedures reflect our commitment to protecting children and vulnerable adults from abuse and exploitation.

Qualified female and persons with disabilities are highly encouraged to apply. 

Equal Opportunity Employer

Fields Of Study

Accounting

Business Administration

Finance

Economics

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