Job vacancy Head of Finance & Accounts

JOB BY
EthioJobs
Snap Plaza 8th floor, Bole Next to The Millennium hall, Addis Ababa
  +251 11 667 3324, +251 92 491 0847

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WORK AT
Ethiojobs
Job Type
Employee
Job Status
Full Time
Announced
11 November, 2022
Job Title

Head of Finance & Accounts

Job Location
Job Presentation


Qualifications and experience:

  •  BA or MA/MBA in Accounting, Finance, or related field of study.
  • 9/7 years of demonstrated and progressive experience on positions related to financial operation.
  • Evident exposure of INGOs in relation to the position roles is a must.
  • Proven ability of working with accounting software and advanced excel skills.


 Technical Skills:

  • Highly motivated with strong personal integrity and commitment.
  • Demonstrated skills in Monthly closure, Cashflow management, mentorship, and supervision.
  • Excellent interpersonal skills to promote effective collaboration within staff.
  • Professional fluency in written and spoken English.


 Personal Qualities:

  • Excellent analytical capacity.
  • Excellent negotiation skills.
  • Excellent computer skills and keen to learn relevant software NCA is using.
  • Good in attending details.
  • Strong sense of ethics.
  • Strong ability to work under pressure and able meeting deadlines.
  • Good staff supervision skill.
  • Excellent understanding of Ethiopian finance law, taxation, pension, labour, civil society etc.
  • Certification in IPSAS financial reporting is a plus.

EXTERNAL/INTERNAL VACANCY ANNOUNCEMENT

 Norwegian Church Aid (NCA) is a non-profit organization working in 24 countries worldwide to eradicate poverty. In Ethiopia, we have been operating since 1974, engaged in short term emergency response and long-term development programs.

 Our intervention in Ethiopia focuses on Climate Resilient Water, Sanitation, and Hygiene; Gender-Based Violence; Peacebuilding; Faith-Based Climate Action; and Humanitarian Emergency Response. We are currently operating in eight regions: Tigray, Amhara, Oromia, Somali, Gambella, Southern Nations Nationalities and People’s State, Sidama, and at the Federal level. To achieve our development goals, we work with faith based and non-faith-based actors that have demonstrated strong grassroots reach and influence in the society.

NCA is a member of the ACT Alliance, a coalition of organizations working together in over 140 countries to create positive and sustainable change in people’s lives. 

We would like to invite interested and qualified applicants for the below position.

Job Summary:

The Head of Finance & Accounts is responsible to the financial management, coordination, and supervision of the day-to-day accounting of the Country Office (accounting, treasury, audit procedures, etc.) in accordance with NCA financial procedures and in compliance with legal obligations. S/he is required to provide quality, reliable and transparent information to the organization on the use and allocation of resources in the Country Office (CO). In addition, s/he ensures the account balances in the financial statement of the CO is normal and current.

The position holder is expected to provide technical leadership in implementation and development of Financial Accounting Policies, Procedures, Rules and Regulations to ensure efficient functioning of the CO accounts.

S/he oversees all the disbursement of the CO and involve in the supervision and management of general accounting activities, analyses, and the maintenance of effective internal controls while ensuring statutory compliance in all accounting initiatives. The position holder is additionally responsible for the day-to-day aspects of the accounting operation and expected to work with other finance and operation and program heads in coordinating and contributing to workflow. S/he also has staff management responsibility within the team.

Duties and Key responsibilities:

  • Lead the financial accounting team to deliver effective and efficient processes.
  • Oversee financial transaction processing, disbursement, and reconciliations within the CO.
  • Lead, manage and monitor accounting functions.
  • Ensure reconciliation of Bank accounts and other accounts monthly.
  • Monitor general ledger, accounts receivables, accounts payables and other records.
  • Create management tools that effectively monitor accounting processes.
  • Lead reconciling all balance sheet and income statement accounts on a monthly/quarterly basis as indicated by the monthly closing schedule.
  • Monitor and manage the month-end accounting processes.
  • Ensure compliance of all accounting processes to that of the organizational goals.
  • Prepare periodic financial and budget execution reports and annual financial statements and other reports.
  • Responsible to ensure compliance with the Financial Procedures Manual, confirming that all procedures and policies are business focussed and communicated effectively.
  • Maintain (add, edit, change, block) records of employees and vendors, as per approved data inputs.
  • Follow up on open vendor and customer records for timely reconciliation of open vendors and customer accounts.
  • Review data entry by Accountants before final posting to GL.
  • Review aging of receivables report (open vendor/customer invoices); follow up account receivables (travel advance, work advances, consultant advances, etc.) for timely settlements to avoid long outstanding advances, contact/inform staff for timely settlements.
  • Review payment requests for completeness (supporting documentation), proper authorization, compliance to policies and procedures; reasonability of costs; and generally accepted accounting practices
  • Monitors employee time registration and payroll allocation procedures
  • Lead the annual statutory year-end requirements, agreeing timetables and responsibilities with all involved, with the primary focus being to achieve a clean audit.
  • Maintain good working relationship with staff, banks, donors, and other stakeholders.
  • Responsible to lead, capacity development, coordinate, supervise and mentor staff under his/her supervision.

Area of Specialization:  Financial operation, Monthly closure of the books, Reporting, Audit etc

Reporting to: Finance & Operation Manager

Duty Station: Based in Addis Ababa with occasional travel to partners office

Length of Contract: One year with possibility of extension based on performance and availability of funds

Salary:  Ranges from 92 to 99 K (ETB) based on income history & profile

Reference number
437026
Valid Till
23 Nov, 2022


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