Position Title: General Accountant
Employer: Speed Meter Trading PLC
Employment: Full-Time | Permanent
Place of Work: Addis Ababa - Ethiopia
Posted date: 9 months ago
Deadline: Submission date is over
Position Overview:
Speed Meter Trading PLC, a well-established and reputable provider of comprehensive automotive solutions in Ethiopia, is seeking a highly skilled and experienced Senior Accountant / General Accountant to join our dynamic team. The ideal candidate will be responsible for overseeing financial operations, maintaining accurate financial records, ensuring compliance with regulatory standards, and supporting strategic financial planning. This role is critical to the financial integrity and operational efficiency of the organization.
Key Responsibilities:
- Financial Transactions & Recordkeeping:
- Accurately record and maintain financial transactions, including accounts payable and receivable.
- Ensure all financial transactions are properly documented and entered into the accounting system.
- Perform regular reconciliations of bank statements, ledgers, and accounts to ensure accuracy and completeness.
- Financial Reporting:
- Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow reports.
- Generate ad-hoc financial reports for management as required.
- Conduct financial analysis to identify trends, variances, and areas for improvement.
- Budgeting & Forecasting:
- Assist in the preparation of budgets and financial forecasts by analyzing relevant data.
- Monitor actual performance against budgeted figures and report variances.
- Tax & Regulatory Compliance:
- Calculate and prepare tax filings, including VAT, income tax, and other applicable taxes.
- Ensure compliance with local tax regulations and financial reporting standards.
- Provide support during internal and external audits by preparing necessary financial records and documentation.
- Internal Controls & Policy Compliance:
- Establish and maintain effective internal control systems to safeguard financial assets.
- Ensure adherence to company financial policies and regulatory requirements.
- Identify and recommend process improvements to enhance financial operations.
- Cash & Bank Management:
- Oversee petty cash management, ensuring proper documentation and reconciliation.
- Monitor cash flow to maintain liquidity and support operational requirements.
- Process payments to vendors and suppliers and manage outstanding receivables.
- Collaboration & Financial Support:
- Work closely with other departments to provide financial insights and guidance.
- Liaise with external auditors, tax consultants, and regulatory authorities as needed.
- Support junior accounting staff, providing mentorship and oversight where applicable.
Key Skills & Competencies:
- Technical Expertise: Strong understanding of accounting principles, standards (GAAP/IFRS), and financial reporting.
- Attention to Detail: High level of accuracy in financial data entry, analysis, and reporting.
- Analytical Thinking: Ability to interpret financial data and identify discrepancies or trends.
- Organizational Skills: Proficiency in managing multiple financial tasks, deadlines, and priorities.
- Software Proficiency: Experience with accounting software such as QuickBooks, SAP, or Oracle, along with advanced Microsoft Excel skills.
- Communication Skills: Clear and professional verbal and written communication abilities.
- Problem-Solving: Strong capability to identify and resolve financial issues efficiently.
- Confidentiality: Commitment to maintaining strict confidentiality of financial records and sensitive company information.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field (required).
- MBA or professional certification such as CPA, CMA, or ACCA (preferred).
- Minimum of 7+ years of experience in accounting, finance, or a similar role.
- Strong knowledge of tax regulations, financial reporting standards, and compliance requirements.
Work Environment
- Office-based role with periodic engagement with auditors, vendors, and financial consultants.
- Regular collaboration with internal teams, including finance, operations, and senior management.
Performance Metrics
- Accuracy and timeliness of financial reporting and recordkeeping.
- Compliance with tax laws, financial regulations, and internal policies.
- Effectiveness in reconciling accounts and resolving discrepancies.
- Contribution to budget preparation and financial performance monitoring.
- Feedback from management and departments regarding financial support and guidance.
