Senior Accounting & Reporting Officer

Job Description

ONIVERSE (Calzedonia) Group is an Italian company founded in Verona, Italy, producing and selling garment products worldwide. In 2015, the Group established a production plant in Tigray, Mekelle, Ashegoda Area, under the name of “ITACA TEXTILE PLC” and is looking for a competent professional for the following position.

• Job Title: Senior Accounting & Reporting Officer
• Location: Mekelle, Tigray
• Employment Type: Full time
• Salary: To be discussed according to the experience of the applicant

Job Summary

The Senior Accounting & Reporting Officer will play a key role within the Administration Department, with a primary focus on accounting, financial closing and reporting activities.

The role will be actively involved in the day-to-day accounting processes, monthly and year-end closing activities, account reconciliations, preparation and review of financial reports, ensuring the accuracy, completeness and reliability of financial information.

The position will also support management reporting, production cost analysis, budgeting, forecasting and variance analysis, requiring a good understanding of controlling principles while maintaining a strong accounting focus

The resource will join the Administration Department and report directly to the Administration Director. He/she will receive training on the Company's reporting system and will gradually take on increasing responsibilities within the role.

Duties and Responsibilities

Accounting and Financial Closing

• Manage the day-to-day financial transactions and month-end/year-end close processes.
• Review general ledger accounts and accounting entries, including accruals, provisions, prepayments and other closing adjustments.
• Monitor intercompany transactions and reconciliations with other Group companies.
• Support the correct accounting treatment of fixed assets, inventory and other relevant Balance Sheet items.
• Support the preparation of statutory financial statements and ensure consistency between accounting records and financial reporting.

Financial Reporting and Analysis

• Prepare accurate and timely financial statements, variance analyses and other reports for management
• Analyse production costs and cost centers, identifying key cost drivers and areas requiring management attention and control measures
• Collaborate with non-finance teams to collect and interpret financial data

 Budgeting and Forecasting

• Support the preparation of the annual budget and periodic forecasts.
• Prepare and regularly update the company's cash flow forecast, monitoring expected cash inflows and outflows.

Compliance and Internal Controls

• Ensure compliance with relevant local accounting requirements, Group accounting policies, tax regulations and applicable financial regulations.
• Support internal and external audit activities, preparing the required documentation and following up on accounting-related queries.

Teamwork and Coordination

• Supervise and mentor junior accounting staff, delegate tasks and review their work.
• Cooperate with other departments and with the Italian Headquarters on accounting, reporting and financial matters.

Management Support

• Provide financial insights and analysis to support management in making informed business decisions and strategic planning.

THE REWARDS

The successful applicants will join a well-established international group known for its dynamism, quality, and excellent level of service, and will be offered an attractive remuneration package that fully reflects the qualifications and experience he/she possesses. He/she also will have an exposure to international experience with our sister companies.

• Education: Bachelor's degree and above in accounting, finance, or a related field.
• Experience: More than 7 years of experience in accounting, with a focus on management accounting ACCA or CPA is preferable.
• Management Accounting: Good understanding of cost accounting, budgeting, forecasting and variance analysis, preferably within a manufacturing environment.
• Technical Skills: Strong proficiency in accounting software, Microsoft Office Suite (especially Excel), and financial analysis tools.
• Analytical Skills: Ability to analyse financial data, identify trends, and provide actionable insights.
• Communication Skills: Excellent written and verbal communication skills in English, with the ability to effectively communicate financial information to local departments and the Italian Headquarters.
• Industry Knowledge: preferable understanding of the garment industry and its specific accounting and financial requirements. Determination of the cost drivers in the garment production

If you meet the above requirements, you are invited to send your CV (maximum 2 pages) and scanned documents of educational and work experience credentials along with a cover letter to berhe.sharew@itaca.et specifying in the email title “ITACA application - Senior Accounting Controller” within 10 consecutive days from the date of advertisements.

Remark

• Only shortlisted applicants will be contacted for further assessment.