Job Expired

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Project Finance Head

OVID Construction PLC

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Finance

Financial Management

Addis Ababa

5 years - 7 years

1 Position

2023-06-21

to

2023-06-25

Required Skills
Required skills have not yet been specified for this position this job
Fields of study

Accounting

Accounting & Finance

Full Time

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Job Description

1.      MAIN DUTIES AND RESPONSIBILITIES             

Under the close supervision of the Project Manager, the Head, Project Finance  is responsible for planning, organising, coordinating and directing the financial activities of the project, follows-up the recording of project accounts in accordance with the established system, effecting disbursements within the authority limits of the project, recording and analysing project costs, preparing financial statements and conducting financial analysis, ensuring that project accounting documents are efficiently organised and arranging documents for external auditors and providing assistance.

2.      DETAIL DUTIES AND RESPONSIBILITIES

2.1        Plans, coordinates, directs and supervises project accounting activities;

2.2        Verifies and signs authorization letters of payments as well as cheques within the limits of power delegation;

2.3        Observes and ensures proper execution of regulations, rules and procedures of the company and accounting manual;

2.4        Follows-up and supervises recording  of project accounts per the installed system; ensures correctness of recording in the Journal for posting;

2..5        Follows-up that payment documents as well as other supporting documents are properly collected from concerned work units and transfer to Head Office as  required,

2.6        Verifies payment requests against outstanding advances or debts and insists on their settlement before payment;

2.7        Exerts an effort for the timely collection of receivables expected from individuals and organisations as directed by the Head Office;

2.8        Arranges and organises maintenance of accounting documents and records in an orderly manner;

2.9        Ensures the fulfilment of printed and other formats, register books etc… and ensures proper utilisation of same;

2.10    Verifies and signs statements of accounts reconciliations among banks and other concerned organisations;

2.11    Issues financial statements of project accounts to head office in accordance with the established rules;

2.12    Verifies correctness of journal vouchers, debit as well as credit notes and approves same,

2.13    Ascertains that project account records are maintained in the proper classification of codes per the accounting procedure of the Company.

2.14    Provides project offices with professional assistance in performing project accounting activities;

2.15    Arranges and avails accounting records and documents for internal and external auditors; gives necessary clarifications on the discrepancies and makes amendments in response to constructive comments/findings;

2.16    Ensures timely closing of project accounts and prepares statement of accounts on monthly, quarterly, semi-annually and annual basis.2

2.17    Prepares annual budget and work programs of the work unit and implements same up on approval.

2.18 Performs other related duties as may be assigned

Job Requirements

First degree from recognized university/college in Accounting/ Finance/ Finance and Accounting & 5/7 years related work experience for Head, Project Finance  respectively

Knowledge, Ability and Skills

·        Effective Communication

·        Teamwork sprite      

·        Familiarity with accounting peach-tree soft wares and IFRS training

How to Apply

Submit your Curriculum Vitae, application letter, non-returnable copies of relevant document in person to the company office, located in Addis Ababa, around 22 near Adey Ababa Stadium, Behind Worku Building OVID Group Head Office 1st floor HR Department Office or via email: hr@ovid-group.com For further information contact Tel. 0911814319/0919203053

Fields Of Study

Accounting

Accounting & Finance

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