Job vacancy Junior Accountant

JOB BY
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Bole Medhanialem, Zewdu Bldg 5th Floor Next to Kebe Pastry, Addis Ababa
  0988747248

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WORK AT
Precise Consult International PLC
Job Type
Employee
Job Status
Full Time
Announced
29 November, 2022
Job Title

Junior Accountant

Job Location
Addis Ababa, Ethiopia
Job Presentation

Who We Are

Precise Consult International PLC (Precise) is a premiere consultancy firm specializing in finance, investment, business intelligence, and private sector development advisory services. Established in 2007, the firm is currently a leading private institution in the development of business and private sector revolution in Ethiopia providing services to a wide range of clients including businesses, governments, and not-for-profits. With an ideal mix of seasoned experts and young professionals, the company offers unmatched research and knowledge capacity with a broad range of services required to help its clients make strategic decisions.

Job Description

The junior accountant will assist the financial department by managing daily accounting and financial tasks and will work with the finance team and other Precise teams to keep the books in order. The junior accountant is expected to be detail-oriented, have strong problem-solving skills, work comfortably under pressure, and deliver on tight deadlines with the ability to work on their own initiative and as part of a team. The junior accountant is expected to be well-versed in accounting principles and able to work comfortably with numbers and pay attention to detail. Under the supervision of a senior accountant and finance director, the junior accountant will assist in the preparation and submission of taxes and other financial reports, submit payroll taxes, and reconcile ledgers and will be responsible for staying abreast of the Ethiopian tax law and customs authority guidelines as well as standards. The goal is to contribute to the overall efficiency of the finance department and make the company fully aware of its financial condition.

Responsibilities

  • Post and process journal entries to ensure all business transactions are recorded.
  • Update accounts receivable and issues invoices.
  • Update accounts payable and performs reconciliations.
  • Assist in the processing of balance sheets, income statements, and other financial statements according to legal and company accounting and financial guidelines.
  • As needed, assist with the review of expenses, payroll records, and so on.
  • Update financial data in databases to ensure that information will be accurate and immediately available when needed.
  • Prepare and submit weekly or monthly reports.
  • Assist senior accountants in the preparation of monthly and yearly closings.
  • Assist with other accounting projects Cash payments, check payments, and deposits for different projects were made at the bank.
  • Analyze financial information and prepare balance sheets.
  • Coordinate with management and staff to prepare budgets.
  • Ensure compliance with organizational guidelines and procedures and Ethiopian tax regulations.
  • Resolve accounts payable and receivable issues or queries.
  • Comply with Generally Accepted Accounting Principles and International Financial Reporting Standards for financial statements.
  • Assist in financial and tax audits, and general ledger preparation.
  • Prepare monthly and quarterly income tax, pension, and VAT returns under the Ethiopian revenue and customs authority reporting requirements.
  • Ensuring that financial administration functions well in accordance with the company standard procedure
  • Effectively coordinating with the staff of the finance team.
  • Handles petty cash accounts and effects accurate and timely payments for goods and services.
  • Secures and records financial transactions on a daily basis.
  • Raise a cash receipt voucher (CRV) for cash collection in advance and a cash payment voucher (CPV) for cash and check payments.
  • collects payment receipts and attaches them to vouchers
  • Ensures accurate and timely processing of payments.
  • Processes and issues Where applicable, withhold a tax receipt from the payer.
  • Maintains and files financial documents properly; follows up on the collection of VAT receivables.
  • Supports financial audits.
  • Supports administrative matters.
  • Performs any other duties as required.

Area of specialization: Accounting and Finance

Service line: Finance and Administration Team

Reporting to: Finance Director

Length of the contract: One year with a high possibility of extension

Career level: Junior levelĀ 

Qualifications for the junior accountant

  • A bachelor's degree in accounting or a closely related field is required.
  • 0 years of accounting work experience
  • Additional qualifications in IFRS and Peachtree are a big advantage.
  • sound understanding of accounting and financial reporting principles and practices.
  • Analytical mind with strong conceptual and problem-solving skills.
  • Meticulous attention to detail with superb organizational skills
  • Critical thinker with the ability to work under pressure and meet tight deadlines.
  • Ability to work independently and as part of a team.
Salary
ETB 15,000 (ETB)
Valid Till
10 Dec, 2022


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