Accountant 6 views

Position Overview:

EMA Import and Export Pvt.Ltd.Co part of DROGA GROUP established for the Export of Ethiopia agriculture products for the development of real state, establishment of commercial farm and also development of agroindustry manufacturing plant to increase the availably of foreign currency and ensure Import substitution in Ethiopia.

MAIN DUTIES & RESPONSIBILITIES:

• Oversee the full Account Payable and Account Receivable process, ensuring accuracy, timeliness, and compliance with company policies and applicable regulations.
• Identify inefficiencies in the AP workflow and implement effective process improvements.
• Reconcile vendor statements regularly and resolve discrepancies in a timely manner.
• Maintain accurate, complete, and audit-ready AP records, including supporting documentation.
• Perform petty cash establishment, replenishment, and reconciliation processes in accordance with company policy.
• Process tax payments (e.g., VAT, withholding tax) and ensure timely remittance to relevant authorities.
• Monitor prepayment and advance payment requests, ensuring proper tracking and application against invoices.
• Prepare and reconcile member advance reimbursements and expense claims.
• Respond promptly to vendor inquiries regarding payment status, deductions, or disputes.
• Archive all payment-related documents in compliance with record retention policies.
• Prepare periodic AP reports (aging, cash requirements, accruals) for the Finance Operations Manager.
• Assist in month-end closing by reviewing AP sub-ledger, accruing unprocessed invoices, and preparing journal entries.
• Ensure all credit and cash sales are accurately processed and recorded in the ERP system.
• Monitor incoming payments (checks, bank transfers, credit cards) and ensure timely application to customer accounts.
• Manage customer credit limits and maturity dates, flagging overdue or high-risk accounts.
• Issue customer invoices, credit notes, and statements in a timely and accurate manner.
• Reconcile the withholding receivable summary report between the ERP system and the general ledger.
• Follow up on customer credit balances and report unusual or aged items to the Finance Operations Manager promptly.
• Initiate collection activities for overdue accounts, including reminders, dunning letters, and escalation as needed.
• Process bad debt provisions or write-offs upon approval.
• Prepare AR reports (aging summary, collection forecast, days sales outstanding) as required.

• Bachelor Degree in Accounting and Finance
• Minimum 2 year of experience
• Candidates who have worked in Export and Import Companies are preferable.