Position Title: Senior Accountant
Employer: BDA Business and Agricultural Development PLC
Employment: Full-Time | Permanent
Place of Work: Addis Ababa - Ethiopia
Posted date: 10 months ago
Deadline: Submission date is over
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.