Regional Finance Officer job at Mahibere Hiwot for Social Development (MSD)

Vacancy title: Regional Finance Officer

[ Type: FULL TIME , Industry: Nonprofit, and NGO , Category: Finance, Insurance & Real Estate ]

Jobs at: Mahibere Hiwot for Social Development (MSD)


Deadline of this Job:
12 July 2022  

Duty Station:
Within Ethiopia , Addis Ababa , Horn of Africa

Summary
Date Posted: Wednesday, July 06, 2022 , Base Salary: Not Disclosed

Similar Jobs in Ethiopia
Learn more about Mahibere Hiwot for Social Development (MSD)
Mahibere Hiwot for Social Development (MSD) jobs in Ethiopia

JOB DETAILS:
JOB SUMMARY
Under the supervision of the Finance & Admin Manager, the Finance Officer is responsible for managing all financial activities contributing to the achievement of MSD’s overall objectives. She/he is directly responsible for the implementation of all financial activities and the enhancement of support staff capacities throughout the process. She/he is responsible for maintaining accurate and complete records in accordance with International Accounting Practices and MSD’s Accounting and Financial Policies and Procedures. She/he also directs and controls staff working under her/his supervision.

SPECIFIC DUTIES AND RESPONSIBILITIES
• Follow up and implements financial activities of MSD at the regional office level;
• Designs and uses a sound internal financial control system to safeguard assets, records, and documents of the organization as per the MSD and donor policy.
• Ensures an efficient and effective financial delivery that will enhance the operations of MSD;
• Ensures the communication of finance policies and procedures within the organization, and with other stakeholders;
• Supervises and checks all financial activities including payments, transfers of funds, payroll, controlling cash and other current accounts, bank reconciliation statements, liabilities for correctness & timely delivered;
• Ensures that all financial transactions, analysis codes, and associated account codes have been set using an MSD chart of accounts;
• Post the transaction in the Peachtree accounting system. Verify financial transactions posted into the Peachtree accounting system by other project accountants.
• Checks and ascertains the accuracy and validity of invoices/documents submitted for payment; records invoices and arranges payments;
• Checks that payment requests are made according to agreement and from the appropriate fund;
• Ascertains that program/project payments are made within the grant period and per approved budget line items.
• Prepare monthly staff payroll
• Checks the replenishment of the petty cash fund and arranges disbursements;
• Ensures that required documentation and authorization are present to effect payment;
• Ensures the timely settlement of MSD obligations (taxes, pension, etc.);
• Prepare monthly bank reconciliation and submitted to his/her immediate supervisor.
• Conduct monthly financial expenditure reconciliation with the head office finance team.
• Closes accounts monthly and facilitates year-end financial closing activities;
• Makes sure that all financial and accounting-related files and records reflect high professional standards;
• Ensures timely deposit of all collections;
• Supervises the preparation of monthly bank reconciliation statements;
• Follows up the submission of timely financial reports and conducts timely project financial monitoring visits;
• Analyzes financial statements and other related reports to identify problem areas, takes remedial action where necessary and makes appropriate recommendations to the Finance & Admin Manager;
• Supervises, guides, supports and appraises staff responsible to her/him;
• Files all financial documents at the custody of the regional office and reports to the head office every month;
• Cooperates with the donor during grant financial monitoring visits at the regional and field office level
• Analyzes financial statements and other related reports to identify problem areas, takes remedial action where necessary, and makes appropriate recommendations to the Finance & Admin Manager;
• Completes all performance management activities including performance planning, monitoring, and annual performance appraisals for staff under her/his supervision.
• Performs other duties as assigned by the immediate supervisor.
Reports to: Area manager and HO Finance and Admin Manger
Required No. 1
Sex: Female/male
Duty Stations: Bahir Dar, MSD NWA Office
Duration of contract: one year with possible extension based on performance & fund availability

Job Requirements
MINIMUM QUALIFICATIONS
EDUCATION/TRAINING
• BA Degree in Accounting and Finance or related field.
EXPERIENCE
• 5 years of work experience in a relevant field.
TECHNICAL AND OTHER SKILLS
• MUST to a proven Peachtree accounting operation skill
• Good communication and presentation skills;
• Well-organized and able to act in a professional and ethical manner;
• Competency in computer applications;
• Focused and detail-oriented
• Have ability to manage multiple project funds and operate under tight project operation system
• Prior work experience in non-governmental organization (NGO) will add value

Work Hours: 8


Experience in Months: 60

Level of Education:
Bachelor Degree

Job application procedure
Interested and qualified applicants need to submit ONLY once their non - returnable application with a CV, not more than 4 pages, and an application letter for one vacancy within 7 consecutive calendar days from July 5, 2022- July 12, 2022, with the following procedure and email addresses.
The vacancy title & duty station need to be written in the application letter and the subject of the email address. Please email your application through: mahiberehiwotvacancy@gmail.com 
MSD strongly encourages female candidates to apply!
Only short-listed candidates will be contacted for an interview and exam.
Shortlisted candidates will need to submit other supporting documents upon request at a later stag


All Jobs

QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Ethiopia
Job Type: Full-time
Deadline of this Job: 12 July 2022
Duty Station: Addis Ababa
Posted: 06-07-2022
No of Jobs: 1
Start Publishing: 06-07-2022
Stop Publishing (Put date of 2030): 06-07-2066
Apply Now

Notification Board:

Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.