Finance Manager 22 views0 applications 313 views



BACKGROUND

DAI Europe, together with consortium partners First Consult; Enclude; and ITAD, is managing the UK aid-funded program, Enterprise Partners (EP), which aim to support and transform the private sector and Ethiopia’s continued economic growth over seven years.

EP is utilizing the Making Markets Work for the Poor approach (M4P) and has two main pillars to achieve the goal of integrating the poor, and especially women, in sustainable economic enterprises that create jobs and improve incomes. The planned impact is to create 45,000 jobs (75% of which will be held by women) and increase the incomes of 65,000 households by at least 20%.

EP’s pillars are:

  • The Finance Groupaims to achieve the outcome of increasing investment levels in the Ethiopian economy, particularly for growth-oriented small and medium enterprise. This will include funding of green technologies where appropriate and develop funding for green growth investment. It also includes technical assistance facility to participating financial institutions for two WB-led initiatives, aiming to improve access to finance to SMEs with particular focus on SMEs engaged in manufacturing/agro processing/tour/construction sector and SMEs whole or partly owned by women[1].
  • The Agro-Industrial Group is expected to achieve the outcome of increasing returns on investment (productivity) and investment levels in the identified sectors of cotton/textiles, livestock/leather and horticulture, in order to achieve the impact of creating jobs and raising household incomes. Additionally this pillar will incorporate the promotion of climate change awareness and addressing women’s economic empowerment.

Job purpose

The Finance Manager is responsible for managing all financial activities contributing to the achievement of the two DAI programmes objectives. The post holder will provide direct management support to staff under his/her management. S/he is directly responsible for implementation of all financial activities and the enhancement of support to staffs & partners’ capacities throughout the process. As such, s/he has a responsibility to promote coordination and communication between and amongst departments and staff to ensure effective and efficient utilization of resources. The post holder will ensure that the activities under the unit are implemented as per the policy and procedure set by DAI for the all programmes.

Duties and responsibilities

Financial Management 

  • Review and clear travel and /or work advance receivables and working on DAI – TAMIS system.
  • Payroll preparation and make journal entry for national staffs and temporary employees
  • Assist in estimating monthly cash needs and request wire transfers from the DAI home office
  • Facilitate annual external audit work
  • Identifies departmental and individual financial management training needs throughout all PEPE programs and deliver customized trainings to address the identified needs
  • 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;
  • Monitor proper management of cash flow ensuring PEPE’s liquidity at all times. This includes preparation of cash flow forecasts on monthly basis
  • Supervise PEPE’s computerized financial management and accounting system. Expected to keep abreast of developments in accounting and financial management software and ensure that PEPE’s system is updated in a timely manner in accordance with DAI and Ethiopian government requirements
  • Ensure the Evaluation of PEPE’s financial performance against expense budget and grant funding for the determination of expenditure priorities and timely replenishment of funds. Provide financial performance feedback to D/Managing Director and all relevant stakeholders
  • Ensure the cooperation of the Finance Unit  with other department/units and to prepare realistic financial forecasts and secure adequate and timely financing

Fund Management

  • Provide advice and guidance to partners with regard to financial matters and reporting requirements
  • Participate in coordinated grant monitoring visits as and when deemed necessary by D/Managing Director
  • Participate on Due diligence activity in coordination with Fund Manager

Reporting and Documentation

  • Prepares reports required for specific donor requirement
  • Prepare monthly Filed Expense Report both local and USD bank FER
  • Prepare financial reports requires by government and different stakeholders
  • Providing relevant financial information for different pillars and grant related activates

Auditing

  • Serves as liaison with external auditors, facilitates internal and external audit undertakings
  • Prepares responses to audit findings and follows-up the implementation of audit recommendations

Budgeting

  • Assist on the preparation of proposal budget and review partner’s project budget based on the budget guideline.
  • Prepare Operation and Finance Department budget and formulate actual vs budget analysis.

Fixed Asset Management

  • Maintain the Fixed Asset Register
  • Ensure Asset counts are conducted at least twice a year
  • Prepare the Fixed Asset disposal plan at the end of the programme and ensure disposal is done as per approved plan.

Others

  • Ensure that the Finance Manual is enforced within EP and, shared and understood by all staff and updated when required
  • Performs other incidental duties as assigned by line Manager

Job Requirements

Qualifications

Education & Experience:

  • BA in business management with 13 years of experience in the field

Specialized knowledge

  • Through knowledge on Ethiopian tax laws, international donor’s rules and regulations, multi-tasking, and sound knowledge of good internal control systems.

Skills & Abilities

  • Have skill and ability in operating with various financial software’s’. Such as Sun system, Accpac, QuickBooks. Good knowledge of various Microsoft office applications.
  • Professional Certification

How to Apply

Interested and equalized applicants can apply through the following email:         [email protected]

More Information

  • Job City Addis Ababa

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