The Senior Financial Accountant is responsible to ensure timely and accurate preparation and submission of required financial performance, to ensure the maintenance of an updated and well kept accounting books and record and to ensure its verifiability for any audit or examination; to protect the integrity of accounting data in coordination with the ICT service limiting access to accounting systems module to authorized personnel only, to  undertake financial analysis at Regional and branch level and to provide advice  and support  to Regional Office and  Branches in accounting tasks;

Major Responsibilities  

• To consider Regional office and branches’ financial statement’s and reports:

• To follow up and collect financial statement and      reports from assigned Regional office and branches periodically as per schedules 

• Check and verify submitted statement and reports 

• Communicate information and liaise with Regional offices branches 

• Facilitate and assist timely preparation and production of statement and repots in assigned Regional office and branches

• Conduct regular financial analysis on branch and regional base and provide the necessary advice

• Provide solution and support for transaction recording, report generation and any other issues of the financial system to branches 

• To collect, check, reconcile and consolidate assigned Regional office branches financial statement and reports and prepare consolidated report;

• Check clearance of staff resigned or terminated       ensure all the necessary documents are sent to HO office for final payment;To ensure the maintenance of an updated and well kept accounting books and records:

• Ensure timely and accurate monthly bank reconciliation and prompt action taken or reconciling items

• Ensure observance of polices in the preparation of payment, deposits, petty cash and vouchers

• Ensure the maintains subsidiary ledgers for all assets and liabilities (Branches and Head office)

• Ensure that the accounting books and records of the region and branches under his/her supervision

• Ensure that accounting books and records of the MFI are properly field and stored for  efficient retrieval and use

• Ensure that the general ledger is properly filed and stored for efficient retrieval and use 

•  Ensure that the general ledger is properly and completely maintained 

• Ensure the preparation of monthly payroll and payment of statutory deductions

• Undertakes financial ratio analysis

• Assist the accounts Manager in preparing cash flows statements for all branches and MFI;

• Provide feedback to HRD on training needs of staff directly or indirectly reporting to him/her;

• Reviews the work of accountant in his/her region of operation;

• Provides assistance in any audit or examination to be conducted by the external auditor, government agencies as well as other       parties dully authorized by the Board of directors or the CEO to conduct such activity;

• Keeps a systematic monitoring of all the regional office and branches under the regional  supervision equipment &monitor its movements and reviews its condition as compared to its book value 

• Ensure timely and accurate monthly bank reconciliation and prompt action taken on reconciling items

• Works with the treasurer to ensure adequate control of cash and other assets according to laid down polices of HO.     

• Promptly produce regular financial and other reports on monthly, quarterly, yearly and as needed 

• Undertake financial analysis at the HO and produce report with appropriate recommendations

• Produces for reviews monthly income balance sheet and cash flow statement of his/her region of operations 

• Performs other related duties as required.

• Support and Provide oversight to the other financial accounting staff at head office and branch level:   

• Ensure and Assists in the preparation of documents for both internal and external:

• Provides assistance in any audit or examination to be conducted by the external auditor, government agencies as well as other       parties dully authorized by the Board of directors or the CEO to conduct such activity;

• Maintain Sufficient Controls Systems:

• Keeps a systematic monitoring of all the regional office and branches under the regional  supervision equipment &monitor its movements and reviews its condition as compared to its book value 

• Ensure timely and accurate monthly bank reconciliation and prompt action taken on reconciling items

• Works with the treasurer to ensure adequate control of cash and other assets according to laid down polices of HO.     

• Reporting:

• Promptly produce regular financial and other reports on monthly, quarterly, yearly and as needed 

• Undertake financial analysis at the HO and produce report with appropriate recommendations

• Produces for reviews monthly income balance sheet and cash flow statement of his/her region of operations 

• Performs other related duties as required.

Job Requirements

MA/BA degree in Accounting/Finance or related fields

Minimum 5 years relevant work experience

Chartered accountant is an added advantage.

Determined personality with initiative, perseverance and the ability to motivate and manage a team

Capability and willingness to take responsibility and highly developed sense of integrity

Ready to comply and live up to and in accordance with the organization Ideals and Core values

Be proficient in Microsoft office, Sun systems and excellent use of Excel spreadsheets

Highly developed sense of reliability and accuracy

Be a good trainer, facilitator, mentor, and coach

Very good communication skills

How To Apply

Candidates who fulfill the above requirements can send the application letter, updated curriculum vitae with names and addresses of up to 3 references and non-returnable copies of credentials to VFE_vacancy@wvi.org or North West Regional Operation Office (Ambo)