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Senior Finance Officer-Analysis

Catholic Relief Services (CRS)

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Finance

Accounting

Addis Ababa

3 years - 5 years

1 Position

2024-12-02

to

2024-12-06

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: Senior Finance Officer-Analysis

  • Department: Finance

  • Job grade:   8

  • Reports To:   Finance Manager

  • Number required:   1(one)

  • Term of employment: Indefinite period contingent to program funding

  • Country/Location:   Ethiopia/Addis Ababa

Job Summary:  

The Senior Finance Officer – Analysis 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.

Note: Depending on the CP portfolio (scope and complexity), the Senior Finance Officer can be assigned responsibility for delivery of accounting and financial reporting services for the entire program, for a field office, or for either payable or receivable transactions.

Job Responsibilities: 

  • Review   and analyze the General Ledger (GL) accounts on a continuous basis, including Trial Balance and Balance Sheet reconciliations, and taking corrective actions thereof.

  • Support in project close out and monthly project portfolio management (PPM) versa general ledger (GL) analysis.

  • Review and analyze various accounts to detect irregularities. Advise on corrective actions and prepare correcting entries and adjustments, as necessary.

  • Prepare various, periodic, and ad hoc financial reports, as needed, and perform variance analyses to assist with decision-making and proper management of financial resources.

  • Check all month end activities are done timely and accurately (Accuracy of rate in system, submission of cost allocation drivers, payment of all invoices)

  • Review receivable and payable accounts have accurate figures and clear any abnormalities/ long outstanding balances.

  •  Identify areas of risk in financial operations based on trend analysis and provide recommendations for mitigation.

  • Conduct cost allocation monitoring and analysis. Ensure compliance with foreign exchange rate accounting.

  • Identify issues that need to be resolved during the month end closure and determine an action plan.

  • Support the CP in preparation of external audits and fund accounting statements relating to any accounting issues.

  • Analyze monthly and quarterly expense fluctuations to ensure proper accounting treatment.

  • Monitor discretionary and temporary restricted projects. Coordinate with the respective HQ/Analysts to ensure proper set up, spending remains within the project budgets and timely closure.

  • Assist with staff capacity building, resolving major accounting issues as well as gain an understanding of CPs day-to-day accounting activities including transaction processing and month end close.

  • Contribute to the development and maintenance of systems and tools to improve financial analysis and management processes.

  • Prepare Schedules for receivable and payables monthly and clear any balance on blank supplier code

  • Maintain knowledge on USG rules and regulations and Provide mentorship to CP Staff on accounting and financial management.

Job Requirements:

Education, Skill and Experience 

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

  • 3 years relevant experience for MA or 5 years’ relevant experience for BA degree.

  • Knowledge of the relevant public donors’ regulations preferred.

  • Proficient in MS Office packages (Excel, Word, PowerPoint, Visio), Web Conferencing Applications. Knowledge of Oracle application system financial accounting package or similar financial reporting software preferred.

Personal Skills  

  • 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.

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

Required Skills

  • Office suites (MS Office, iWork)

  • Data analysis

  • Data visualization & pattern-finding through critical thinking

  • Effective communication and sociability

  • Attention to detail & aesthetics

Desired Skills

  • Financial reporting

  • Financial planning

  • Financial management

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 on December 9, 2024. You will be contacted only if selected for a written exam/interview. Phone solicitations will not be accepted, and 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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