Finance Associate (Banking & Cash Management) – Ethiopia

The Banking & Cash Finance Associate is accountable for managing company bank accounts and cash, and requires the highest level of integrity and responsibility. This person is responsible for ensuring the funds transferred out accurately reflect the authorized payments as well as maintains relationships with banking institutions, in partnership with the Treasury & Loan Manager.  This position will also be cross-trained with other areas in the Finance Department, and has specific responsibilities.

This role has specific responsibilities of:

Banking (40% time)

• Process supplier payments and funds to staff timely and ensure they are properly supported
• Petty cash management
• Mobile money management
• Initiate payment requests in company accounting software and banking
• Monthly bank and accounts reconciliation, supporting monthly closing process
• Maintain banking relationships and banking hygiene, including monthly bank statements, raising issues to the bank, overseeing accurate access to bank accounts based on companies’ approval matrix
• Follow all internal control procedures to prevent fraud
• Proper recording of all banking, mobile money, and other wallet transactions

Project Cash Management (40% Time)

• Post all petty cash transactions
• Ensure petty cash replenishment is timely; always have cash available
• Maintain petty cash float and petty cash transactions at the approved limit
• Monitor operational advances, petty cash accounts and prepayments;
• Support review of requests for petty cash accounts and operational advances;
• Review reconciliations and settlements of petty cash & operational advances;
• Respond to requests from offices related to cash management;
• Track operational advances, petty cash, and the related procedures
• Assist in the review and vetting of vendor information before payment request

General Finance Administration (20% time)

• Any additional bookkeeping: collecting, organizing and recording of complete, accurate, and timely company financial information to facilitate day to day operations
• Review general ledger transactions on a monthly basis to ensure completeness, cut off, occurrence and accuracy of recorded transactions
• Ensure transactions are accounted for in accordance company’s policies and IFRS
• Ensure tax compliance with respect to accurate billing and payments
• Provide support to finance colleagues and other company management as required.
• Clerical duties, including filing, and photocopying
• Collecting supporting documents from staff and suppliers
• Maintain accurate records in Odoo
• Other duties as may be required

Successful candidates will have both technical skills in finance, plus alignment with company vision and values. Successful candidates must navigate fast-paced environments with enthusiasm and incredible attention to details.  Minimum qualifications include:

• University degree in Finance, Accounting, or related field
• Professional qualification (CPA, ACCA, CIFA or CFA) will be an added advantage.
• A minimum of 2 years work experience in finance in Cash and Bank transactions
• Skilled in the use of Microsoft Word, Excel and Power-point presentation
• Analytical skills with the ability to pay attention to details
• Ability to meet deadlines and work independently with the highest level of personal integrity

This role is inside a high-growth, mission-driven social enterprise. By joining, you’ll access:

• Competitive salary, and potential Performance-based bonus
• Incredible company culture, with opportunities for learning and growth
• Diverse colleagues across the region, and policies that demonstrate commitment to equity and inclusion
• Ability to make a significant social impact to your community
• Health insurance for self and family
• Staff savings and provident fund, negotiated bank rates for long-term employees
• Generous annual leave, parental leave, and sabbatical options.

HOW TO APPLY

If you’re excited about this role, please submit your application through the: application portal. 

Tell us about what you’ll bring to this growing company.

Inkomoko is committed to justice, diversity, equity and inclusion.  As we seek to reflect the communities we serve, refugees and women are strongly encouraged to apply. As a company we have policies that ensure fair treatment in the application process. 

NB: Only shortlisted candidates will be contacted. Employment is conditional upon successful background checks and other verification as needed.

All offers of employment will be subject to satisfactory references and background screening checks. Inkomoko also participates in the Inter Agency Misconduct Disclosure Scheme, In line with this Scheme, we will request information from job applicants’ previous employers about any findings of sexual misconduct, fraud, or abuse. By applying, the job applicant confirms his/her understanding of these recruitment procedures.