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Position Title: Accountant
Employer: YaYa PII SC (YaYa Wallet)
Employment: Full-Time | Permanent
Place of Work: Addis Ababa - Ethiopia
Posted date: 8 months ago
Deadline: Submission date is over
Sector: Financial Technology
Reports to: Finance and Accounts Manager
Career Level: Minimum of (0-4) years in accounting or finance roles
Employment Type: Full-time
Qualifications:
- Education: Bachelor’s degree in accounting, finance, or a related field.
- Experience: a minimum of 0-4 years in accounting or finance roles.
About YaYa Wallet:
YaYa Wallet (YaYa PII SC) is a Payment Instrument Issuer focusing on providing payment solutions through mobile wallet software systems, committed to delivering faster, secure, inclusive, and tailored digital financial services. Our services include bank transfers, cash-in and cash-out, utility and bill payments, merchant transactions, inward international remittances, and recurring or scheduled payments. As a dynamic and rapidly growing company, we are seeking a talented and ambitious accountant to join our team.
Job Summary:
The accountant is responsible for maintaining accurate financial records, processing payments, and ensuring compliance with tax and financial regulations. This role involves reviewing financial transactions, preparing reports, should have strong analytical skills, attention to detail, and the ability to work independently while collaborating with other departments.
Essential Responsibilities:
- Accurately record daily financial transactions in journals and ledgers.
- Classify transactions according to the company’s chart of accounts (assets, liabilities, equity, revenues, and expenses).
- Enter financial data into accounting software and spreadsheets with a high level of accuracy.
- Reconcile accounts by matching transactions with supporting documents (bank statements, invoices, and receipts).
1. Financial Transactions & Record Keeping
- Process vendor invoices and ensure timely payments to suppliers.
- Track and collect customer payments, issuing invoices and follow-ups as necessary.
- Maintain accurate records of outstanding receivables and payables.
2. Accounts Payable & Receivable
- Calculate and process employee salaries, ensuring compliance with tax regulations.
- Handle payroll deductions such as tax, pensions, and other benefits.
- Ensure timely disbursement of salaries and compliance with labor laws.
3. Payroll Processing
- Prepare trial balances at the end of each accounting period to ensure ledger accuracy.
- Make necessary adjustments, including accruals, deferrals, and depreciation entries.
4. Trial Balance & Adjusting Entries
- Collaborate with management to set financial goals and prepare annual/quarterly budgets.
- Analyze historical financial data to forecast income, expenses, and cash flow.
- Ensure budgets align with company strategies and financial objectives.
- Conduct variance analysis to compare actual performance against budgeted figures.
5. Budget Preparation & Monitoring
- Prepare financial statements, including:
6. Financial Statement Preparation
- Income Statement (Profit & Loss): Summarizing revenues and expenses to determine net profit or loss.
- Balance Sheet: Presenting the company’s financial position by detailing assets, liabilities, and equity.
- Cash Flow Statement: tracking cash inflows and outflows to assess liquidity.
- Statement of Changes in Equity: Reporting equity changes, including retained earnings and dividends.
- Ensure all financial reports comply with IFRS and other regulatory requirements.
- Maintain internal controls to prevent errors, fraud, and misstatements in financial records.
- Prepare documentation and reports for internal and external audits.
- Work with auditors to address any discrepancies or compliance issues.
7. Compliance, Internal Controls & Audits
- Generate detailed financial reports for management and stakeholders.
- Conduct financial analysis, including trend analysis and ratio analysis, to support decision-making.
- Present financial insights and recommendations in a clear and professional manner.
8. Reporting & Financial Analysis
- Assist in long-term financial planning by preparing forecasts based on historical trends and market conditions.
- Periodically review and update budgets to align with business changes and strategies.
- Recommend process improvements to enhance efficiency in financial operations.
9. Continuous Improvement & Forecasting
Skills
- Basic knowledge of accounting principles and financial reporting
- Proficiency in Excel and accounting software.
- Knowledge of tax regulations, payroll processing, and financial compliance.
- Strong attention to detail and accuracy.
- Good Communication and organizational skills.
- Ability to work independently and as part of a team.
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