Manager, Accounts Division

Position: Manager, Accounts Division

Place of Work: Head Office, Addis Ababa

About the Organization:

Kebronhill Microfinance Institution S.C. (KHMFI) pioneers accessible financial services, merging vision with action. Licensed by the National Bank of Ethiopia (MFI/071/2024) under Proclamation No. 626/2009, we champion community upliftment by blending profitability with social impact. Committed to regulatory integrity, we welcome Ethiopians, foreign nationals of Ethiopian origin, and organizations to join our journey. With a focus on innovation and inclusivity, KHMFI leads microfinance excellence, empowering individuals for a brighter future. Join our transformative vision and help shape a better tomorrow with us.

SPECIFIC DUTIES AND RESPONSIBILITIES

• Direct daily accounting workflows to ensure precise, real-time recording of all financial transactions and the absolute integrity of core banking system data.
• Maintain the General Ledger, execute month end closing procedures, reconcile balance sheets, and consolidate financial statements for Head Office.
• Oversee end-to-end payables and receivables, ensuring timely reconciliations; monitor cash collections and provide critical financial insights to the Budget & Treasury section.
• Manage the full fixed asset lifecycle, including depreciation and tagging; oversee payroll processing, ensuring flawless execution of statutory deductions and timely disbursements.
• Enforce institutional policies and NBE regulatory standards; serve as the primary liaison for internal/external audits, ensuring transparent documentation and seamless implementation of audit recommendations.
• Generate high-level management reports, including expense analysis and budget variance insights, to drive fiscal discipline and operational improvement.
• Supervise and mentor the Accounts team, fostering a high-performance culture through structured performance management including objective setting, monitoring, and annual appraisals while upskilling staff to increase operational capacity.
• Identify and implement strategic process improvements to streamline accounting workflows and enhance departmental efficiency.
• Certify the accuracy of all financial vouchers, checks, and payments, ensuring full adherence to established accounting standards and organizational controls.
• Submit timely progress reports to the Manager of the Accounts and Finance Department
• Perform additional responsibilities as assigned by the supervisor.

Terms of Employment: Permanent

Salary: As per the Institution salary scale

EDUCATION & EXPERIENCE

• MBA/MA/BA Degree in Accounting, Finance or a related field. (Professional certification such as CPA or ACCA is highly advantageous).
• 5/7 years of relevant experience, including 3/4 years in a senior position, specifically within the microfinance industry.

TECHNICAL AND OTHER SKILLS

• Advanced knowledge of financial reporting, tax regulations, and microfinance accounting standards.
• Proven technical and managerial ability, sound judgment, and capacity to work effectively with diverse teams.
• Strong analytical skills with proficiency in financial software and Microsoft Excel.
• Demonstrated leadership and communication skills, promoting teamwork and integrity.
• High sense of ethics, professional conduct, and responsibility.
• Excellent written and oral communication, and reporting skills.