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Sr. Accountant at Grant Thornton Ethiopia
Position Title: Sr. Accountant
Employer: Grant Thornton Ethiopia
Employment: Full-Time | Permanent
Place of Work: Addis Ababa - Ethiopia
Posted date: 1 month ago
Deadline: Submission date is over
About the Company
Grant Thornton is a leading business adviser that helps dynamic organizations unlock their potential for growth. Our brand is respected globally as one of the major global accounting organizations.
Job Summary
The Senior Accountant is responsible for managing and overseeing the organization’s financial operations in compliance with donor requirements, organizational policies, and statutory regulations. This role ensures accuracy, transparency, and accountability in all financial transactions and provides reliable financial reports to support management decision-making and donor reporting.
Key Responsibilities
1. Financial Management and Reporting
- Maintain cashbooks and accounts records, ensuring payments are allocated to the correct project and budget line.
- Ensure all necessary documentation is collected, checked, and attached to payment vouchers.
- Prepare monthly, quarterly, and annual financial reports in line with internal and donor requirements.
- Ensure proper coding, posting, and reconciliation of all financial transactions for the project floats, aligning with project budget lines.
- Prepare monthly expenditure reports.
- Conduct monthly account reconciliations, including bank, cash, and balance sheet accounts.
- Monitor budget utilization and provide variance analysis reports to project managers and management.
- Ensure timely submission of donor financial reports with supporting documentation.
2. Budgeting and Forecasting
- Support the preparation of annual budgets and project-specific budgets.
- Track expenditures against approved budgets and alert management to potential overruns.
- Participate in financial planning and forecasting exercises.
3. Compliance and Internal Controls
- Ensure all accounting processes adhere to the organization’s financial policies and donor compliance requirements.
- Support internal and external audit processes by preparing schedules, providing documentation, and responding to audit queries.
- Implement and monitor strong internal control systems to safeguard organizational assets.
4. Treasury and Cash Management
- Oversee cash flow management, ensuring adequate liquidity for project and operational needs.
- Manage petty cash and ensure timely replenishment and accurate reconciliation.
- Prepare fund transfer requests and maintain relationships with banks.
5. Payroll and Statutory Compliance
- Review and process payroll in coordination with HR.
- Ensure timely payment of taxes, pension, and other statutory deductions.
- Maintain accurate employee compensation records and ensure confidentiality.
Qualifications
- Bachelor’s degree in accounting, finance, or a related field (Master’s preferred).
- Minimum of 5 years of progressive accounting experience, preferably within an NGO or donor-funded project.
- Strong knowledge of accounting principles (GAAP/IFRS) and NGO financial management practices.
- Proven experience in preparing donor financial reports.
Skills and Competencies
- Excellent knowledge of QuickBooks accounting software.
- Strong analytical, problem-solving, and organizational skills.
- Attention to detail and ability to meet tight deadlines.
- High integrity, confidentiality, and professional ethics.
- Strong communication and interpersonal skills.
- Ability to work independently and collaboratively in a multicultural environment.
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