Organization: Fenot Associates Social Service PLC
Fenot Associates is a health-focused organization based in Ethiopia, dedicated to advancing global health—particularly in sub-Saharan Africa—through services in healthcare financing, policy, system improvement, research, evaluation, and training. With a team of experienced professionals, Fenot supports better health system performance and healthier communities through tailored consulting and implementation support.

Fenot Associates seeks a highly skilled and experienced Senior Accountant to join the Fenot team. The ideal candidate will oversee the day-to-day accounting operations, ensure compliance with Ethiopian tax laws and financial regulations, and prepare accurate financial reports to support strategic decision-making. The role requires strong accounting, budgeting, forecasting, and reporting skills to ensure timely and accurate financial reporting and analysis.

Reports to: Operations & Finance Director/CEO

Duties & Responsibilities:

A. Financial Management

• Manage general ledger functions and ensure accurate financial record-keeping.

• Prepare monthly, quarterly, and annual financial statements in compliance with IFRS and Ethiopian financial reporting standards.

• Ensure timely preparation and submission of tax reports, including VAT, income tax, withholding tax, and pension contributions with Ministry of Revenue E-tax system.

• Coordinate internal and external audits and provide necessary documentation and explanations.

•  Monitor and manage cash flow, bank reconciliations, and expense reporting.

•  Ensure compliance with the Ethiopian Ministry of Revenue (MOR) requirements.

• Liaise with banks, auditors, and other external stakeholders as needed.

• Maintain accurate and up-to-date financial records for multiple concurrent projects.

• Set up project budgets under contract terms and donor requirements.

• Monitor project expenditures against approved budgets and report variances.

• Prepare monthly, quarterly, and annual financial reports for individual projects.

• Track and manage all project-related payments, including salaries, subcontractor payments, and procurement.

• Ensure all project financial activities comply with Ethiopian tax regulations and donor agreements.

B. Budgeting and Planning

• Support the preparation of project proposals with accurate financial projections and cost estimates.

• Assist in developing annual budgets and forecasts for the organization and projects.

• Revise budgets as necessary based on scope changes or donor feedback, ensuring realignment with project objectives.

C. Audit and Compliance

• Prepare documentation for internal and external audits.

• Ensure that all financial documentation is complete, well-organized, and easily accessible.

• Provide support during audits and implement recommendations as required.

• Monitor and ensure compliance with all legal and regulatory requirements, including VAT, withholding tax, and pension contributions.

D. Donor Financial Reporting

• Prepare donor-specific financial reports in the required formats and timelines.

• Collaborate with program and operations teams to ensure financial reports reflect actual program implementation.

• Respond to donor queries regarding financial matters and provide clarifications as needed.

E. Payroll and Staff Expense Management

• Manage payroll preparation and ensure timely disbursement of salaries.

• Ensure proper tax and pension deductions are made in compliance with Ethiopian labor laws.

• Verify and process staff travel advances, expense claims, and reimbursements.

F. Financial Systems and Controls

• Maintain and update accounting systems and tools used for project financial management.

• Strengthen internal controls to safeguard the organization’s assets and ensure proper use of funds.

• Recommend improvements to financial systems, policies, and procedures as needed.

G. Coordination and Communication

• Liaise with project Directors, Project Managers, consultants, and external partners to ensure alignment between financial and programmatic activities.

• Provide financial advice and training to project staff and partners as needed.

• Participate in internal planning and review meetings and provide financial insights.

Job Requirements

• Bachelor’s degree in Accounting, Finance, or related field (Master’s Degree or ACCA/CPA certification is a plus).

• Minimum of 5 years of progressive accounting experience, preferably in a senior accountant role.

•  Strong knowledge of Ethiopian tax laws, financial regulations, and reporting standards.

• Experience in working with international donors such as the Gates Foundation, USAID, etc.

• Proficiency in accounting software (e.g., Peachtree, QuickBooks, ERP systems).

• Excellent analytical, organizational, and problem-solving skills.

• Strong attention to detail and ability to meet deadlines.

• Proficient in Microsoft Office, especially Excel.

• Excellent written and verbal communication skills in English.

Deliverables

• Monthly and quarterly financial reports for each active project.

•  Timely preparation and submission of tax reports, including VAT, income tax, withholding tax, and pension contributions

• Timely Payroll and Bank Reconciliation after making all bookkeeping records. 

• Annual financial statements for the organization.

• Budget variance reports and financial forecasts for each project.

• Timely and accurate payroll and statutory deductions.

• Complete and audit-ready financial documentation for each project.

Performance Evaluation

Performance will be reviewed quarterly based on:

• Timeliness and accuracy of financial reports.

• Compliance with donor and regulatory requirements.

• Effective budget management and cost control.

• Feedback from project managers and auditors.

Duration of Engagement

• The Senior Accountant will be engaged on a full-time basis with an initial contract period of one year, renewable based on performance and funding availability.

How to Apply

Please submit your resume and cover letter detailing your work history via frehiwotg@fenotassociates.com