Position Summary Responsible for Financial management and accounting functions of the project to include financial reporting, budgets development and management, financial analysis, audits, and cash management for the project.
Principal Duties and Responsibilities
Ensures the project financial management is in compliance with internal control policies related to the financial and administrative components, according to donor’s requirements.
Responsible for development of financial reports and analyses, including cost analysis, expense to budget comparisons, and local program, management and donor reports. Responsible for compilation of monthly, quarterly and annual report development and submission.
Performs bank reconciliations for the project accounts, monitoring all funds transferred to program area bank accounts and ensures that financial activities are in accordance with donor regulations and laws of the country.
Prepares disbursement of staff salaries, allowances and regulatory requirements (e.g. taxes, pensions); ensures all operations are in compliance with local tax regulations.
Ensures that all financial transactions and operations comply with organization policies, systems and procedures and donor requirements.
Monitors project fund utilization compliance and provides training for corrective actions, if necessary.
Coordinates annual external audit; preparation of required documentation and support implementation of the resulting plan of action and audit corrective measures.
Responsible for preparation and submission of quarterly cash forecast; ensures optimal operational and cash management of the project.
Terms of employment: One year with a possibility of extension based on proven Performance Salary: Attractive salary and benefit package Place of work: Addis Ababa with 30% travel to project target areas.
Job Requirement
Minimum Education and Experience Required
Six years’ experience.
Bachelor’s or higher-level degree preferred and/or equivalent work experience in lieu of degree. CPA or ACCA is preferred.
Demonstrated relevant work experience in accounting, including analysis, financial reporting, budgeting, and financial software/ reporting systems. Experience with USDOL projects preferable.
Strong understanding of Generally Accepted Accounting Principles, International Accounting Standards, internal controls, and segregation of duties.
Good understanding of administrative, financial and general management principles and skilled in financial reporting, budgeting and taxes.
Experience and proficiency on financial software and reporting systems.
Proficiency in Microsoft Office Programs including Excel, Word and Outlook. Experience in Web based financial system preferred.
Self-guided, strong organizational and planning skills; Ability to work independently and under tight time constraints.
Proven decision-making skills.
Strong interpersonal communicative skills; experience in team leadership and participatory management.
Outstanding written and oral communication skill in English is required.