Job Opportunity: Senior Accountant - Construction position available at OVID HOLDING in Addis Ababa. Accounting and Finance jobs in Ethiopia are in high demand. Apply now through GeezJobs - Ethiopia's leading job portal.

Position Summary

The Senior Accountant is a key finance role responsible for maintaining the financial integrity and accuracy of OVID Construction PLC’s accounting records across all functional areas. The role combines general ledger management, payroll supervision, cost control, and construction project accounting. This position ensures that all financial transactions are recorded correctly, internal controls are upheld, and reporting is timely and compliant. The Senior Accountant also supports budgeting, reconciliations, statutory filings, and interdepartmental coordination—playing a critical role in enabling financial clarity and operational efficiency across construction projects and corporate functions.

Core Purpose of the Role

To ensure accurate, timely, and compliant financial reporting and accounting operations—including payroll, cost/project accounting, and general ledger oversight—that support sound decision-making, operational performance, and financial sustainability across OVID Construction PLC.

Key Roles & Responsibilities

Construction Cost & Project Accounting

• Monitor project budgets and actual expenses across multiple construction sites.

• Track direct and indirect project costs (materials, labor, subcontractors, equipment).

• Reconcile cost allocations with BOQ, work progress, and site-level reports.

• Prepare job cost reports and flag any cost overruns or variances.

Daily Financial Operations

• Manage and post journal entries, payment vouchers, and project-related transactions.

• Verify and process vendor invoices and subcontractor claims against contracts or POs.

• Ensure all project-related financial documents are complete, authorized, and filed.

Financial Reporting & Reconciliation

• Assist in monthly, quarterly, and annual closings for project accounts.

• Prepare account reconciliations (e.g., bank, payables, receivables, advances).

• Support the preparation of internal financial statements and reports.

Compliance, Audit & Documentation

• Ensure compliance with tax regulations, including withholding tax and VAT.

• Maintain up-to-date financial records to support external/internal audits.

• Support auditors with project documentation and required clarifications.

 Collaboration & Support

• Work closely with project managers, site accountants, procurement, and storekeepers.

• Coordinate with the central finance team to ensure consistency in financial practices.

• Support budgeting and forecasting efforts for new and ongoing projects.

Payroll Accounting

• Oversee monthly payroll processing, ensuring accuracy, timeliness, and compliance with labor laws and internal policies.
• Reconcile payroll accounts and ensure proper posting into the general ledger.
• Handle payroll tax reporting and statutory deductions such as pension, income tax, and employee benefits.

General Accounting

• Maintain the general ledger and chart of accounts.
• Support preparation of trial balances, balance sheets, income statements, and other core financial reports.
• Monitor fixed assets, depreciation schedules, and amortization records.

Treasury & Cash Management 

• Track bank transactions and reconcile statements.
• Assist with cash flow monitoring and forecasting.
• Support daily banking operations and relationships with financial institutions.

Key Skills & Competencies

• Strong understanding of project accounting and cost control in construction

• Excellent knowledge of financial processes and reconciliation techniques

• Proficiency in Excel and accounting software

• Attention to detail and accuracy under pressure

• Good organizational and communication skills

• Ability to work independently and meet deadlines

Key Performance Indicators (KPIs)

• Accuracy of cost tracking and project accounting

• Timeliness of financial closings and reports

• Compliance rate with tax and audit requirements

• Reconciliation error rate

• Stakeholder satisfaction from Finance, Projects, and Procurement teams

Education

• Bachelor’s degree in Accounting, Finance, or related field (required)

• Master’s degree or ACCA/CPA certification (preferred)

Experience

• Minimum of 5 years of experience in accounting, with at least 3 years in construction or project-based organizations

• Familiarity with ERP/accounting systems (e.g., Peachtree, SAP, Oracle)

• Strong knowledge of Ethiopian tax law, labor regulations, and withholding obligations

How To Apply

We invite enthusiastic and qualified individuals to apply for our open positions. To be considered, please submit your CV as a single PDF file to hr@ovid-holding.com. Ensure you mention the position you are applying for in the subject line of your email.

We value every application and appreciate your interest in joining our team. Due to the high volume of applications we receive, only candidates who meet our criteria will be contacted for further steps.

We look forward to reviewing your application and thank you for considering a career with OVID Holding!