Senior Head Office Accountant

• Place of Work: Head Offices
• Terms of Employment: Permanent    
• Salary: As per the Institution salary scale

 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

• Prepare and review daily, weekly, and monthly financial reports for Head Office and Branches.
• Ensure all financial transactions are recorded accurately in the Core Banking System (CBS) and accounting systems.
• Prepare monthly, quarterly, and annual financial statements in compliance with IFRS standards.
• Monitor branch-level financial performance and provide analytical feedback.
• Perform and supervise reconciliations of:
• Bank accounts
• Tellers’ General Ledger (GL)
• Clients’ float fund
• Branch suspense accounts
• Inter-branch accounts
• Head Office GL accounts
• Investigate discrepancies and ensure timely resolution.
• Assist in preparation of annual budgets and forecasts.
• Monitor actual expenses against budgets and report variances.
• Ensure appropriate allocation of expenses to correct cost centers.
• Ensure compliance with IFRS, National Bank of Ethiopia (NBE) financial guidelines, and company financial policies.
• Strengthen internal control procedures and ensure branches follow them.
• Ensure all supporting documents meet audit and regulatory standards.
• Work closely with Core Banking System (CBS) administrators to ensure proper GL mapping and error-free postings.
• Report CBS-related accounting issues (e.g., backdate restriction, incorrect postings, missing reports).
• Follow up and ensure corrections are made on time.
• Prepare audit schedules and documentation for both external and internal audits.
• Address audit queries and implement audit recommendations.
• Provide technical support, coaching, and training to branch accountants and Tellers.
• Coordinate monthly closing processes for all branches.
• Follow up timely submission of branch financial reports and schedules.
• Ensure safe record-keeping and maintenance of accounting documents.
• Participate in policy and procedure review and updates.
• Perform any other duties assigned by the Finance and Accounts Manager.

 Required Qualifications, Experience and Skills

• BSc. Degree in Accounting,  Finance, or related
• A minimum of 4 years of relevant work experience.
• Practical experience with Core Banking Systems (e.g., FRANC CBS).
• Knowledge of IFRS is mandatory.
• Strong experience in reconciliation and financial reporting.
• Attention to detail and accuracy
• Good command of Excel and financial systems
• Ability to work under pressure and meet deadlines
• Teamwork and coordination skills
• Good communication, problem-solving, and customer service skills
• High integrity with attention to data confidentiality and professional ethics