Accounting and Reporting Manager

Roles & Responsibilities

Manages the preparation of monthly financial reports (income and loss statements, Balance sheets, cash flow statements in compliance with International Financial Reporting Standards (IFRSs) as per group reporting timelines.
Comply with monthly Group reporting requirements in terms of different operational and performance related reports to be prepared and compiled and submitted on timely manner. Including but not limited to Consul Pack, BS, BR, Executive Summary, Singapore/local weekly reports etc
Prepare annual financial statements audited by external auditor and ensure that audited statements are processed and reached to Company executive team and other external stakeholders as per local regulatory requirements and group reporting time lines.
Consistently liaising with external auditors for timely completion of the audit.
Ad hoc reports to management team from time to time on various areas to closely monitor them.
Working with Group IT team for updating profitability portal for reviewing on time reports on the portal.
Filing of the month end return to the authorities timely.
Ensuring Transfer pricing documents are duly filled up and reported to the authorities before the due date.
Ensure control environment is maintained consistently and where process/control weakness is identified, corrective actions are taken promptly and reported as per group reporting guidelines.
Ensures that timely actions are taken with regards to observation of auditors.
Evaluate the actual cost for the month with that of previous month and identify the reasons.
Evaluate the actual cost for the month with budget and identify the reasons.
Constantly monitor the YTD actual cost with that of YTD budget.
Cross follow up with the Senior Accountant for Bank Reconciliation on weekly basis and resolving the issue identified immediately.
Ensuring proper accruals are made into the system and reverse whenever required.
Sending monthly confirmations to the related parties and correcting the accounting records to match the payable & receivable with the related parties.
Recording of exchange gain and loss on all transactions wherever & whenever required.
Cross checking correct tax related entries are parked into the system.
Ensuring all the AFCEs (Authorization for Capital Expenditure) are budgeted and approved as per the AFCE guidelines.
Periodic reports on utilization of approved AFCE for projects prepared as per Group Project Procedure Manual and consistently complied.
Constantly check the Guarantee Cheques received and their dates along with advances paid.
Cross check the bid summary and the contract award status.
Ensuring the Group AFCE score is above the group average on a monthly basis.
Ensure periodic inventory count and correct the system based on the actual available assets.
Ensure Fixed assets are timely recorded and capitalized into the system.
Ensure the fixed assets disposals are properly approved and written-off from the system.
Ensure the fixed assets are duly tagged as per SAP numbers
Motivate, direct, coach and develop a diverse, high performing team to meet established goals and build organizational capability.
Routinely train finance personnel on new efficient way of working.
Demonstrate behaviors needed for effective implementation of change.
Continuously assess the team capability and develop training plans and execute.
Prepare sub-ordinates KPIs and monitor their performance periodically.
Periodically conducts performance appraisal of subordinates and staff to identify performance gaps or outstanding performance and take appropriate action.
Attend to sub-ordinate grievances and take corrective action in a timely manner in coordination with the CFO & HR.

About You
Qualification

BA 8 years or MBA/MA 6 years or ACCA with 4 years relevant experience of which at least 2 years as Manager Accounting & Reporting or equivalent capacities at manufacturing company or audit firm
Hands-on experience on SAP and in-depth knowledge in International Financial Reporting Standards (IFRSs) and its application.
Good knowledge of the Ethiopian Tax regulations. o Fluency in English language
Competence

Knowledge of IFRS Time Management Time Management Soft Skills Reconciliation between SAP & Portal Filing of Reports/Returns
Creative Thinking
Coaching Skill
Attention to detail
Strictly deliver report before deadlines
An ability to priorities and manages expectations
Requirement Skill

Financial reporting

Accounting

Account management
How To Apply
Apply through Ethiojobs – Accounting and Reporting Manager , Fillout the form https://forms.gle/1yBjvZi12SWEVFLGA or through Email hana.seyum@et.wilmar-intl.com