Compiles input data for planning and participated in formulating internal control polices and procedure for administration and finance matters of the program.
Carries out inventory control activities of the Program; participates in stocktaking activities of the program
Verifies that journal entries of financial transaction agree with the entries and particulars of the respective source documents
Regularly test account balances for overstatement, understatement, transposing, omission and other possible clerical errors to keep the book of the accounts reliable and updated;
Makes reference and cross-reference of all source documents to the ledger account codes, keeps and updates journal voucher register books;
Prepares a monthly trail balance of all ledger account balances
Reconciles bank statements against the Program’s book of accounts
Journalizes payroll and verifies clearance of salary advances and payroll fund account
Follows up that taxes and insurance payments and collection are handled on time, verifies that insurance claims are submitted checks correctness of claim computations
Reviews, analyses and summarizes petty cash data
Compiles and verifies proper payroll input data and other payments to workers for preparation of payroll, prepares payroll of the program
Encodes accounting data in the computer, analyses the encoded information with the aid of the computer, prints the required financial report
Assists external auditors in providing the necessary documents
Follows up budget requisition, consolidation, endorsement and implementation matters of the Program are in accordance with pre-established regulatory framework
Expedites and facilitates the preparation of annual budget for income and expenditure and annual forecast of cash flow for the head office and central store of the Program
Follows up the evaluation and analysis of monthly trial balances, quarterly statements of the income and expenditure account and quarterly balance sheet of all pharmacies and of any other financial information and the provision of qualified information for management decision making
Ensures the consistency of physical count of inventories with their balances in the book of accounts
Lead the implementation of transition of the organization’s financial reporting standards from GAAP to IFRS
Performs other related duties and responsibilities of the job as assigned by the Head of the Program Administration and Finance Division.
Coordinate and direct the preparation of the budget and financial forecasts and report variances
Coordinate the preparation of regulatory reporting
Support month-end and year-end close process
Ensure quality control over financial transactions and financial reporting
Develop and document business processes and accounting policies to maintain and strengthen internal controls
Monitoring internal control, and Overseeing and preparing income statements.
Any other tasks assigned by the Finance Manager and/or CEO
Job Requirement
Qualification Requirements:
First degree in Accounting/Accounting & Finance/ Finance and 5 years related work experience or
Experience and skillset
experience working in a medium size PLC enterprise in Ethiopia with more than 50 staff
Experience in implementing financial reporting according to IFRS is strongly desired
Experience working on accounting software like Peachtree and Sage