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Finance Manager

Africa Center of Excellence for Water Management (ACEWM)

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Finance

Financial Management

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6 years - 8 years

Position

2020-06-01

to

2020-06-13

Required Skills
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Fields of study
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Full Time

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Job Description

Job Description

BACKGROUND OF ACEWM

The African Centre of Excellence for Water Management (ACEWM) is a collaborative world-class teaching and research center for Eastern and Southern African Countries which is hosted by the Addis Ababa University (AAU). The aim of ACEWM is to develop highly skilled human resource capable of handling more complex water management problems in a holistic, integrative and transformative approach. ACEWM’s students and trainees are from Ethiopia and other African Countries. Teaching and research faculty will be mobilized from national, regional and international partner institutions. Hence, to support its activities, the ACEWM is looking for a highly motivated candidate to fill key position for Finance Management. The work station will be at the College of Natural and Computational Sciences (4-Kilo Campus), Addis Ababa University, Addis Ababa.

STATEMENT OF DUTIES

The Finance Manager (FM) will ensure that financial management of ACEWM is properly handled and will provide senior leadership in professional financial services consistent with generally accepted accounting principles, AAU/MOF regulations and the World Bank Requirements. The FM will ensure that clear systems and procedures are in place and followed at all levels of the program. The FM is responsible for monthly reporting to ACEWM management and preparation of budget and reports. The FM is a member of the senior management team and will provide experienced guidance on strategies and compliance. The FM will have supervisory responsibilities for staff in the finance section. He/she is also expected to ensure that internal controls, procedures and guidelines conform to the requirements at all levels.

ESSENTIAL JOB FUNCTIONS

  • Executes, directs and supervises effective management of the center financial records,
  • Lead the development of program budgets with input from annual work plan and other units of ACEWM.
  • Prepares and submit annual and other periodic financial reports.
  • Ensure the finance operations are in accordance with the universities policies and procedures, the government proclamation and directives, and the World Bank (WB) procedures.
  • Assess center’s financial management capacities and provide ongoing mentoring and supervision.
  • Develop plans, policies, manuals and procedures which contribute to the effective administration and control of the center finance,
  • Ensure accurate and timely submission of monthly financial reports to the ACEWM management ant to the WB..
  • Performs various audit functions to ensure accuracy and consistency with the existing policies and procedures.
  • Review and approve the monthly payroll and stipends and ensure timely payment of taxes to the Ethiopia Inland Revenue Authority.
  • Review of monthly balance sheet reconciliations including the bank reconciliations.
  • Liaising with internal and external auditors to facilitate and address audit queries.
  • Ensure accounting events are recorded and classified on a timely basis and consistent with the corporate chart of accounts.
  • Supervise finance staff assigned under him/her.
  • Other duties as assigned by the ACEWEM Director.

Job Requirement

  • Developing Budgets, familiar with Finance Software Tools (Peachtree), Process Improvement, Tracking Budget Expenses, Self-Development, Planning, and Performance Management.

EDUCATION AND EXPERIENCE

  • BA degree and above in accounting and financial management.
  • 8 years and above for BA and 6 years and above for MA in project finance management.
  • Experience in result-based project finance management and World Bank financial management system.
  • Experience of supporting financial management and reporting operations within a donor (WB) funded project context.

EVALUATION AND SELECTION PROCESS EVALUATION

Applicants who clearly meet the Education/Experience requirements and basic eligibility requirements will be considered for further evaluated. Applications will be initially screened by the ACEWM to determine if the applicant meet the advertised minimum qualifications or not. Only shortlisted candidates will be invited for an interview.

How to Apply

Applicants should send a cover letter, resume, copy of relevant documents and testimonials and the names and addresses (including telephone, fax and email) of three referees who are knowledgeable about the candidate’s professional qualification and work experience. Applicants who are interested and meet the minimum requirements stated above are kindly requested to apply within 10 working days of this notice through the following email addresses: [email protected] or [email protected]

Africa Centre of Excellence for Water Management Office, College of Natural and Computational Sciences, Addis Ababa University, Arat-Kilo Campus.

Tel.no: 0911112430.

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