Job Description
Full-time
Minimum 4 years' experience
Addis Ababa, Ethiopia
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About the Organization
Transcend-Insights Research Firm is a research and management consulting organization providing research, monitoring and evaluation, policy analysis, and strategic advisory services.
We are seeking a qualified, detail-oriented, and results-driven Accountant to manage financial transactions, maintain accurate financial records, and support effective financial management across the organization.
Position Summary
The accountant will be responsible for maintaining the organization's accounting records,managing day-to-day financial transactions, preparing financial reports, ensuring tax compliance, and supporting budgeting and financial planning. The successful candidate will ensure that financial activities comply with applicable Ethiopian laws, tax regulations, and the organization's internal financial policies.
Key Duties and Responsibilities
Financial Accounting and Record Management
✓ Record and maintain accurate financial transactions in the accounting system.
✓ Prepare and maintain general ledger entries, journals, cashbooks, and subsidiary ledgers.
✓ Manage accounts payable and accounts receivable, ensuring timely processing and settlement.
✓ Maintain proper filing and documentation of invoices, receipts, payment vouchers, and other financial records.
✓ Reconcile bank accounts, cash balances, and other financial accounts regularly.
Financial Reporting
✓ Prepare monthly, quarterly, and annual financial statements and management reports.
✓ Prepare income and expenditure reports, cash flow statements, and budget-versus actual reports.
✓ Provide accurate and timely financial information to management for decision-making.
✓ Support the preparation of financial reports for research projects, consultancy assignments, and other organizational activities.
Budgeting and Financial Planning
✓ Assist in preparing annual organizational budgets and project-specific budgets.
✓ Monitor expenditures against approved budgets and report significant variances.
✓ Track project expenses and ensure that expenditures comply with approved budgets
and donor or client requirements.
✓ Support cash flow forecasting and financial planning.
Tax and Statutory Compliance
✓ Prepare and support the timely filing and payment of applicable taxes and statutory obligations.
✓ Ensure proper handling of VAT, withholding tax, payroll-related taxes, and other applicable tax obligations.
✓ Maintain tax records and supporting documentation for regulatory reporting and audits.
✓ Stay informed about changes in Ethiopian tax and accounting regulations.
Payroll and Staff Financial Administration
✓ Prepare and process monthly payroll and related payments.
✓ Maintain payroll records, staff advances, deductions, and statutory contributions.
✓ Reconcile staff advances and ensure timely retirement of advances in accordance with company procedures.
Internal Controls and Audit Support
✓ Ensure compliance with internal financial policies, procedures, and approval processes.
✓ Establish and maintain appropriate controls over cash, payments, and financial documentation.
✓ Coordinate with internal and external auditors and provide requested financial records.
✓ Identify financial discrepancies, risks, and irregularities and recommend corrective actions.
Other Responsibilities
✓ Support procurement-related financial documentation and verification of payments.
✓ Maintain an organized and secure financial filing system.
✓ Perform other finance and accounting duties assigned by management.
Job Requirements
Education: Bachelor's degree in Accounting and Finance, Accounting, or a related field from a recognized university.
Work Experience: A minimum of four (4) years of relevant professional experience in accounting and finance.
Technical Skills: Practical experience using accounting software and Microsoft Excel.
Tax Knowledge: Good understanding of Ethiopian tax laws, financial reporting requirements, and statutory compliance.
Reporting Skills: Demonstrated ability to prepare financial statements, budget reports, reconciliations, and other financial documents.
Attention to Detail: Strong analytical, numerical, organizational, and problem-solving skills.
Integrity: High standards of professional ethics, confidentiality, accountability, and accuracy.
Communication: Good written and verbal communication skills and the ability to work effectively with colleagues and management.
Preferred Qualifications
✓ Experience managing project budgets and preparing financial reports for clients or donors.
✓ Knowledge of applicable Ethiopian tax administration procedures and electronic tax filing systems.
✓ Professional accounting certification or progress toward a recognized certification is an advantage.
How To Apply
Qualified Candidates Apply through Ethiojobs
