Trainee Teller Accountant

• Position: Trainee Teller Accountant
• Place of Work: Branch Offices, 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.

Major Duties and Responsibilities:

Savings, Cash Operations, and Teller Supervision

• Lead and support the marketing and promotion of savings products and consumer loans to increase client uptake and financial inclusion.
• Supervise and review the daily activities of teller(s), promptly reporting any discrepancies or irregularities to the Branch Manager.
• Ensure adequate staffing at the teller counter to effectively serve the expected volume of clients and maintain service quality.
• Oversee and verify the preparation and review of Collection Register Vouchers (CRVs) in line with the collection schedule.
• Execute day-to-day cash operations, including client withdrawals, deposits, disbursements, and other payment transactions.
• Conduct daily reconciliation of the actual cash on hand against the system-reported balance in the MIS (Management Information System); report any discrepancies immediately to the Branch Manager.
• Maintain cash balances within the approved minimum and maximum thresholds, in accordance with MFI policy and management directives.
• Ensure that all cash transactions are secure and that counterfeit currency is neither accepted nor disbursed under any circumstances.

Consumer Loan Processing and Credit Assessment

• Receive consumer loan applications and conduct thorough credit investigations on applicants and their guarantors, where applicable.
• When necessary, perform inspections and appraisals of collateral offered to secure consumer loans, ensuring accurate valuation and documentation.
• Prepare and present credit applications to the branch credit committee for review and approval in line with established lending policies.
• Schedule and facilitate the disbursement of approved consumer loans and oversee the collection of repayments in a timely and efficient manner.
• Evaluate clients’ repayment history and overall financial behavior to make informed recommendations for repeat loan eligibility.

Terms of Employment: Permanent  

Salary: As per the Institution salary scale

Qualifications:

  Knowledge and Technical Skills

The following may be acquired through a combination of formal or self-education, prior experience or on-the-job training:

• Minimum of a Bachelor’s degree or Diploma in Banking, Finance, Accounting or a related field.
• Certification in financial services is an advantage.
• Demonstrated technical ability, sound judgment, ability to interact and work effectively with others at all levels;
• Determined personality with initiative, perseverance and the ability to motivate and manage a team;
• Capability and willingness to take responsibility and a highly developed sense of integrity
• Good knowledge in economic and financial topics;
• Good analytical and problem-solving skills;
• Good customer service; excellent written and oral communication skills.
• Proficiency in banking software and MS Office.
• Strong numerical and transaction-handling accuracy.
• Performs other duties assigned by the immediate supervisor

Experience:

• 0/2 years of experience in banking, microfinance, or financial services.