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Ashewa Technology Solution S.C.
Verified
Senior Finance Officer
Addis Ababa - ethiopia
full-time
permanent
Posted
10 hours ago
Experience
4 - 6 Years
Deadline
Nov. 6, 2026 (11 days left)
Job Purpose
The Senior Finance Officer is responsible for managing and monitoring the company's daily financial operations, ensuring accurate financial records, timely financial reporting, compliance with applicable tax and financial regulations, and effective financial control. The position supports management decision-making through financial analysis, budgeting, cash flow monitoring, and cost control.
Key Responsibilities and Duties
A. Financial Accounting and Reporting
Maintain accurate and up-to-date financial records in the company's accounting system.
Review and verify financial transactions, journal entries, and supporting documents.
Prepare monthly, quarterly, and annual financial reports.
Ensure proper reconciliation of bank accounts, general ledger accounts, and other financial balances.
Prepare and review trial balances, income statements, balance sheets, and cash flow statements.
Ensure proper documentation and filing of financial records.
B. Accounts Payable and Receivable
Monitor accounts payable and ensure suppliers are paid according to approved payment terms.
Follow up on outstanding customer invoices and receivables.
Verify invoices, purchase orders, payment requests, and supporting documents before processing payments.
Maintain accurate records of supplier and customer balances.
Coordinate with Procurement, HR, Sales, and other departments regarding financial transactions.
C. Budgeting and Financial Planning
Support the preparation of annual budgets and departmental financial plans.
Monitor actual expenditure against approved budgets.
Identify budget variances and recommend corrective actions.
Prepare cash flow forecasts and monitor the company's liquidity position.
Provide financial information to management to support planning and decision-making.
D. Tax Compliance and Statutory Reporting
Prepare and review applicable tax calculations, declarations, and supporting documents.
Ensure timely submission and payment of applicable taxes and statutory obligations.
Maintain proper tax records and documentation.
Follow applicable Ethiopian tax laws, accounting standards, and financial regulations.
Coordinate with external auditors and relevant government authorities when required.
E. Payroll and Employee-Related Payments
Review payroll calculations and related financial records in coordination with HR.
Verify salary payments, pension contributions, withholding taxes, and other applicable statutory deductions.
Ensure timely processing of approved employee payments and benefits.
Maintain confidentiality of payroll and employee financial information.
F. Internal Financial Control and Audit
Ensure compliance with company financial policies, procedures, and approval limits.
Review payment requests and supporting documents to minimize errors and unauthorized transactions.
Identify financial risks, discrepancies, and control weaknesses.
Support internal and external audits by preparing required schedules and documents.
Follow up on audit findings and implement agreed corrective actions.
G. ERP and Financial Systems
Record and monitor financial transactions using the company's ERP/accounting system.
Ensure proper use of financial modules, including accounts payable, accounts receivable, general ledger, and budgeting.
Verify the accuracy and completeness of financial data entered into the system.
Recommend improvements to financial workflows, reporting, and internal controls.
Prepare financial reports and dashboards using ERP and spreadsheet tools.
H. Financial Analysis and Cost Control
Analyze revenue, expenses, profitability, and operational costs.
Identify opportunities to reduce unnecessary expenditure and improve resource utilization.
Monitor project and departmental costs against approved budgets.
Prepare financial analysis and recommendations for management.
Support financial planning for new projects, products, and business initiatives.
Required Qualifications
Bachelor's degree in Accounting and Finance, Accounting, or a related field.
A Master's degree or professional certification such as ACCA, CPA, or equivalent is an advantage.
At least 4–6 years of relevant work experience in finance and accounting, preferably with experience in a senior finance role.
Experience in technology, software, IT services, or another service-oriented company is an advantage.
Required Technical Skills
Strong knowledge of accounting principles and financial reporting.
Good understanding of Ethiopian tax, payroll, pension, and statutory reporting requirements.
Experience in budgeting, cash flow management, and financial analysis.
Proficiency in Microsoft Excel and financial reporting tools.
Experience using ERP/accounting software such as Odoo or similar systems.
Strong reconciliation, documentation, and internal control skills.
Ability to prepare accurate financial reports and meet reporting deadlines.
Required Competencies
Analytical and problem-solving skills.
High level of integrity, accountability, and confidentiality.
Strong attention to detail and accuracy.
Effective communication and interpersonal skills.
Good planning, coordination, and time-management skills.
Ability to work independently and collaboratively.
Ability to meet deadlines and work under pressure.
Sound judgment and decision-making skills.
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