Accounting Manager 18 views

About Dodai

Dodai Manufacturing Plc (Dodai), is a recently incorporated organization launched in Addis Ababa, Ethiopia on August 01, 2023. Dodai is a fast growing organization with a mission of making e-mobility accessible to everyone in Africa through its innovative products and services. Dodai plans to provide brand new electric two wheelers by assembling them here in Addis Ababa and plans to expand to major regional cities in Ethiopia by the end of 2026.

Purpose of the Position

The Accounting Manager will be responsible for overseeing financial operations, preparing financial statements, conducting analysis, and ensuring the accuracy and integrity of our financial records. This role requires a deep understanding of manufacturing cost accounting, inventory management, applicable tax laws and financial reporting standards. The candidate will also be responsible for overseeing and checking the work of senior accountants or any work as required..

Key Responsibilities:

• Financial Reporting:
  • Ensure compliance with accounting standards (e.g., IFRS, GAAP).
  • Prepare schedule for provision calculations in line with IFRS guidelines
  • Preparation of monthly management accounts to ensure desired KPIs are tracked
• Cost Accounting & Inventory Management:
  • Oversee cost accounting processes, including job costing and variance analysis.
  • Track inventory levels, cost of goods sold (COGS), and prepare cost build worksheets for imports
  • Conduct periodic inventory audits and support inventory reconciliation.
  • Ensure physical stock movement and balance aligned with system recordings
  • Ensure compliance with Tax regulations in regards to cost reflection of imported inputs
• Budgeting & Forecasting:
  • Collaborate with the finance team to prepare annual cash forecasts.
  • Analyze budget variances and provide actionable insights to the finance management team.
  • Proactively planning and forecasting of business viability, for all business lines,
• General Ledger & Month-End Close:
  • Manage the month-end and year-end closing processes, including journal entries, accruals, and reconciliations.
  • Maintain the accuracy and completeness of the general ledger.
  • Checking of monthly balance sheet schedule, highlighting areas of focus or improvement
• Tax Compliance:
  • Ensure compliance with tax regulations and prepare tax returns (e.g., VAT, corporate income tax).
  • Coordinate with external auditors and tax authorities as required.
• Internal Controls & Compliance:
  • Maintain and improve internal control systems to prevent errors and fraud.
  • Ensure adherence to company policies, accounting standards, and regulatory requirements.
• Financial Analysis:
  • Conduct financial analysis to evaluate business performance, operational efficiency, and cost-saving opportunities.
  • Assist with ad hoc financial projects and reports as needed.
• Additional Duties: Perform other tasks as directed by your supervisor

Qualifications & Requirements:

• Bachelor’s degree in Accounting, Finance, or a related field.
• 5-7 years of experience in accounting, preferably in the manufacturing sector.
• Good management skills, at least 3 years of managerial experience
• Has led or supervised audits, both external and internal as well as tax audits
• Well versed on Ethiopian tax regulations
• Go getter attitude with agility to handle unexpected situations
• Strong knowledge of cost accounting, inventory management, and financial reporting.
• Proficiency in accounting software & Microsoft Excel.
• Excellent analytical, organizational, and problem-solving skills.
• Strong attention to detail and accuracy in financial reporting.
• Ability to work independently and collaboratively in a fast-paced environment