I.  JOB SUMMARY

The purpose of the Finance Officer FO is to assist the Head of Operations to oversee and manage daily FO wide accounting and finance functions including timely recording of transactions, cash management, banking, inventory, receivables, and payables.

The Finance Officer is also responsible for preparing journal entries and payment vouchers, processing financial transactions, entering data into uploading templates, making reconciliation and preparing reports. S/he also verifies all source documents for proper approval and documentation. The postholder is also responsible for maintaining of bank signatory data; timely processing of signatory changes; timely analysis and liquidation of the CO legal obligations (tax, pension, cost share, purchase declarations, etc.); review of petty cash and other revolving funds; managing of cash transfers from Head Office and periodic accruals. 

II. Responsibilities

Job Responsibility #1: Treasury Management (15%)

• Assist the Head of Operations in the overall cash flow management of the field office (follow up on cash in bank for optimal cash balance; consolidation of monthly cash forecasts, review and analysis of long outstanding advances, open POs, etc..)

• Compile the cash flow forecast of the FO; prepare wire/bank transfer requests for submission to head office AP

• Monitor that wire transfers are timely cleared in the national payment system of the country Report/escalate delays in transfers to accounts manager for resolution

• Maintain updated authorized check signatory list of the FO; prepare signatory change request letters; follow up with the Head Office AP for timely securing of approval letters for new bank accounts, signatory changes, bank account closing and approval for printing of receipts

•   Prepare weekly cash balance report

Job Responsibility #2: Cash Collections and Disbursements (40%)

• Monitor all cash collections with assistant accountant; provide coding slips for correct charging and documentation of cash collections

•  Ensure that cash collections are deposited to banks intact

• Review, verify and ensure that required documentation and authorizations as well as PN/FC are presented by requesting units and are correct and in accordance with CARE financial policies and procedures before processing payments

• Verify and ensure that required documentation and authorization is presented before effecting payments and encoding data into the accounting system

• Review payment requests from petty cash and other revolving funds and ensure the timely replenishment of these funds so that sufficient cash is always available with custodians

• Lead the review, analysis, reconciliation, and the liquidation of taxes, pension, provident fund, cost share and other payroll liabilities. Ensure that all such statutory liabilities are settled within the time frame set by GoE or regulatory body

• Prepare the weekly cash book/checks/register reporting

• Monitor the proper functioning of check processing schedules in the FO

• Review, analyze, and summarize payment request roster to identify bottlenecks for delays on lead times. Recommend solutions to improve inefficiencies

• Maintain AP collection and disbursement tracking sheet for full and timely follow up on lead times

Job Responsibility #3: Accounting System (People Soft) (20%)

• Initiate AP vouchers, upload attachments for review by approver and submit vouchers for online approval

• Prepare the necessary journal entries for fund collections from various sources

• Enter financial data into accounting software for advances (vendors, staffs, partners, etc.); liquidations, invoices, etc..

• Review, analyze, reconcile and summarize the default accounts payable account (200100) so that outstanding vendor payables are cleared in a timely manner

• Prepare journal entries for accruals, cash collections, transfers, correction, adjustments, and petty cash replenishments

•  Assist in the month end and year end account closings through preparation of journal entries for periodic accruals and monitoring timely liquidation/reconciliation of accrued payables

• Manage the review and reconciliation of purchase declaration report to Income tax authority. Coordinate with procurement for the timely submission of purchase declaration report to income tax authority.

III GENDER EQUALITY

• Understanding and demonstrating commitment to the importance of gender, youth, and social inclusion issue

• Demonstrated commitment to principles of Gender Equity, Diversity, Inclusion and PSEAH (safeguarding),

Salary - 746$

 Qualifications

• 3 years of relevant experience with the first degree

• 2 years of relevant experience plus post graduate degree       

• NGO experience is a plus

• Supervisory skill is mandatory for supervisory positions

Skills Required

•  Basic supervisory/managerial skills

• Technical and report writing skills

• Computer literate

• Fluent spoken and written English

• Good communication and interpersonal skill   

•  Knowledge of Local Language is preferred

How To Apply

If you are interested to be part of our dynamic team, exciting work environment and contribute to CARE Ethiopia’s mission and vision, please send your CV (not more than 3 pages) and cover letter (not more than one page) through THIS LINK

 Only short-listed candidates will be contacted.

Make sure you indicate the position title and location on your application letter.