Finance Officer
Location | Addis Ababa, Ethiopia |
Date Posted | January 3, 2023 |
Currency | ETB |
Description
Position Summary:
The finance officer is responsible for providing effective financial and accounting support to the finance team. He/ She will implement and as needed manage various financial and accounting systems, processes and procedures while adhering to all financial policies as well as good accounting practices (GAAP or IAS/IFRS) for performing the day-to-day accounting works. Working under the direction of Finance Coordinator and maintain up-to- date and accurately record the revenues, expenditures, assets, and liabilities of the Organization & proper documentation of the finance transactions.
Major Duties and Responsibilities:
- Prepare and maintain financial transactions of the Organization in line with IPSAS/general acceptable accounting principles (GAAP).
- Post and record day to day financial transactions in to the system and also reconcile with cash and check register
- Prepare and facilitate budget transfer letters.
- In the support of Admin and HR Manager prepare monthly payroll and payroll reconciliations
- Cash management (including placement/movement of funds in various accounts) classified by donors.
- Maintain organized set of detailed records and file the documents of the financial transaction.
- Prepares trial balance and other financial statements monthly basis and share to the management team for decision making.
- Follow up the timely payment of Income tax and with holding for the relevant bodies
- Performs the daily accounting activities required to maintain the organizations budget, receipts of income and expenditure according to the financial manual.
- Under the supervision and direction of the finance coordinator she/he works cash reconciliations, account statement reconciliations, check runs, accounts receivable transactions, payroll, accounts payable transactions.
- Prepares financial reports according to the reporting requirements of donors and partners monthly, quarterly & annually basis;
- Prepare payments as per Plan’s approved policies, procedures, and that of the donor rules and regulations.
- prepare a monthly budget vs Actual spending project report for all projects.
- Resolves complex accounting issues or assists other BPDO personnel in resolving financial issues.
- Ensure proper documentation reviews of all payment requests and vouchers, proper filing and completeness including field and partners voucher files and settlements financial documents
- Prepare monthly, quarterly, and annual closing activities.
- Closely work with project/program managers in annual budget planning and quarterly cash forecast activities
- Performs other duties as assigned or required.
Reports to: Finance Coordinator
Duration of contract: September 30,2023with possibility of extension
Job Requirements
Required Experiences and Qualifications
- Minimum 5 years of relevant work experience in similar position
- BSc/BA in accounting and finance
- Excellent excel and Microsoft office skills is a must, especially for functions relevant to financial management and accounting
- Good time management skills and ability to work in under pressure
- Must be a team player
- Excellent in Peachtree accounting and Quick Books expertise will be considered an asset
- Good communication and writing skills in English language