Senior Accountant at BDA Business and Agricultural Development PLC

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Senior Accountant

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Employer: BDA Business and Agricultural Development PLC

Employment: Full-Time | Permanent

Place of Work: Addis Ababa - Ethiopia

Posted date: 1 month ago

Deadline: Submission date is over

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Role Summary

The role holder is responsible for effectively control of Financial requirement of the business.

Reports: To Finance Head

Key Responsibilities

• Preparation of monthly, quarterly and annual financial reports under US / IFRS GAAP;
• Prepare detailed P&L of the business, highlighting poor performance and opportunities;
• Liaise with auditors for quarterly review and final audit;
• Take complete responsibility of all taxes & statutory compliance;
• Provide analytical support to the business and continually improves financial systems and data;
• Work with the local Retail team to produce robust budgets and monthly forecasts for all sales and cost areas;
• Analyse costs, pricing, variable contributions, sales results and the actual business performance compared to the budgeted plans;
• Effectively plan cash flow and manage working capital needs;
• Provide weekly performance report to the Retail team highlighting trends and opportunities to assist in improving profits, margins and reducing costs;
• Identify risks and opportunity areas to the forecasts;
• Identify & deliver financial training to support the Retail team;
• Liaise with the Corporate Finance team on key areas of financial control;
• Work with local Retail team to ensure ordering and receipting is done effectively;
• Ensure all weekly/periodic data is collected and credited and numbers are reviewed;
• Conduct and oversee internal reviews, audits periodically to ensure that compliance procedures are followed;
• Ensure and verify that all regulatory policies and procedures have been documented, implemented, and communicated.
• Assess compliance risk & ensure adequate control mechanisms are in place for minimizing/ managing risks.
• Prepare MIS;
• Any other responsibility given by the Management from time to time.

Key Result Areas

• Timely & accurate financial reporting.
• On time & accurate budget vs actual performance analysis
• Efficient inventory & working capital management

Minimum Requirement

• BA/MA in Accounting
• 8 years of progressive experience in the Retail or Import/Export industry.

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