Senior General Accountant I

About the Job
Main Duties and Responsibilities

Under the guidance sand supervision of the Corporate Finance Department Manager, the Head, General Accounts Division , is responsible for the planning, organizing, coordinating, directing and controlling the overall accounting and financial management activities of the company; keeping proper books of accounting and records to the best satisfaction of the generally accepted accounting principles, IFRS and other internal as well as external regulatory requirements; analysis of financial transactions, preparation of documents, maintenance of proper financial records as well as the collection, compilation and posting of accounting data; ensuring the accuracy and timely preparation of financial reports.

Main Duties and Responsibilities

Under the supervision and control of the Head, General Accounts Division, the Senior General Accountant I, is responsible for keeping proper books of accounting and records to the best satisfaction of the generally accepted accounting principles, IFRS and other internal as well as external regulatory requirements; analysis of financial transactions, preparation of documents, maintenance of proper financial records as well as the collection, compilation and posting of accounting data; ensuring the accuracy and timely preparation of financial reports.

Detailed Duties and Responsibilities

Allocates tasks among accountants based on their level and job description;
Assigns codes accounts and financial records;
Inspects & tests books of accounts for accuracy and performs other advanced general accounting tasks;
Reviews all entries to asset, liability, capital, revenue and expense accounts for accuracy and completeness and recommends appropriate correcting entries as needed;
Compiles the latest and confirmed balances of the general ledger accounts to produce interim or regular financial reports;
Compiles account balances and prepares schedule of receivables, payables and other accounts for management consideration or to complete the accounting cycle;
Verifies references and cross-references of postings and source documents;
Verifies that bank statements are reconciled with the company’s book of accounts;
Verifies that expenditures are justified, properly made and signed and charged to correct accounts;
Checks the agreement of the balances of subsidiary ledgers and that of control accounts in the general ledger and tests the equality of debit and credit totals (trial balance) of the general ledger account balances;
Ensures the consistency of physical count of inventories with their balances in the book of accounts;
Checks the correctness of petty cash payment vouchers and account coding;
Checks and verifies the accuracy of payroll that pension, income tax and all other deductibles are computed;
Follows up timely lodging and settlement of insurance claims;
Follows up the timely settlements of government payments and other payables;
Examines and checks all registers for correctness and the register totals for general ledger posting;
Examines the delivery order memorandum register to ensure that all deliveries are invoiced;
Verifies that bank statements are reconciled with accounting records;
Maintains and updates purchase register books for both imports and local purchases by inserting all the necessary data;
Ensures the agreement of control and subsidiary ledgers;
Extracts account balances from the general ledger and prepares schedule of accounts upon request by management or to complete the accounting cycle;
Prepares financial reports and statements resulting from subsidiary and general ledger accounts;
Prepares monthly, quarterly and annual statements needed to show the financial position, operation results, changes in cash balance and retained earnings of the company;
Tests the financial feasibility of projects, evaluates alternative sources of financing and investment options to recommend the best action for management;
Consolidates account balances of the general ledger to produce interim and end-of-period financial reports for both internal and external use;
Analyzes records of present and past operations, trends and costs, estimated and realized revenues, administrative commitments and obligations incurred to project future revenues and expenses;
Conducts liquidity ratio, asset management ratio, leverage ratio and profitability ratio analyses on financial statements to evaluate the financial performance of the company against industry standards and other benchmarks;
Entertains audit review feedbacks given on the books of accounts and accounting practices of the company;
Performs other job related duties as required by the immediate supervisor.
About You
From recognized university/college second degree in Finance plus training in accounting software application and IFRS and 2 years related work experience

Or

From recognized university/college first degree in Accounting & Finance/ Accounting plus training in accounting software application and IFRS and 4 years related work experience
Requirement Skill

ERP / Financial Systems

Finnacial Managment
Desired Skill

ERP / Financial Systems
How To Apply
Interested applicants and qualified candidates should submit their application cover letter with original documents (Educational Credentials & Work Experience), CV and non-returnable copies of within 6 working days from the time of this vacancy announcement.

Place of application : – on the way from ‘Megenagna’ to imperial Hotel In front of Anbessa Garage next to (DHL) OR through ethiojobs

For More information: Tel +251-114-431130, +251-114-431444 PO. Box 121225 Addis Ababa.
Perks + Benefits
Medical Allowance
Transport Allowance
Training Opportunities