Finance and Administration Manager 32 views

Reference Number: JKP/CS/FI/02

Projected start date: October Nov. 01 2020

Who we are

Jakenn Publishing is the media company of the present and the future of Ethiopia. We bring our passion for reporting and independent journalism to tell the stories which matter in the Ethiopia today and the Ethiopia being shaped for tomorrow.

JaKenn is widely known for its flagship publication and web portal Addis Standard. Started as a magazine since 2011, Addis Standard has evolved into the digital platform of choice for breaking news, analysis, and spell-binding commentary about Ethiopia that establishes understanding of happenings beyond your eyes and ears. One of the most followed media brands in Ethiopia on twitter and a solid web presence that has a firm grip on Ethiopia’s rapid political, economic, and social transformation, Addis Standard provides consumers content worthy of their time and attention.

As a young and dynamic company, JaKenn embodies an emerging multicultural Ethiopia where people are valued for their contribution to the development of a democratic and prosperous country. We understand that this means listening to our consumers, employees, and stakeholders in all processes from product development to execution. We value diversity and make an honest effort at providing an inclusive work environment that supports growth, nurtures innovation, and embraces risk taking.

The Job

As part of its corporate strengthening efforts and in accordance with compliance requirements of external stakeholders, JaKenn would like to hire a Finance and Administration Manager to implement the day-to-day activities of the Finance and Operations functions in the company. This position reports to the Head of Business Development and will work with other members of the corporate services team in a dynamic company.

Duties and Responsibilities

As the Finance business partner (60%) for both external and internal stakeholders, the Finance and Administration Manager will:

• Develop and implement business processes and accounting policies to maintain and strengthen internal controls
• Manage all accounting operations including Billing, A/R, A/P, GL, Cost Accounting, Inventory Accounting, and Revenue Recognition
• Develop and implement enthusiastic customer service culture from finance perspective for internal and external stakeholders
• Lead the process of annual review, preparation, and administration of wage and salary.
• Coordinate and direct the preparation of the budget and financial forecasts and report variances
• Montior internal control, oversee and/or prepare periodic income statements and present to management periodic evaluation meetings.
• Lead the internal and external audit processes by working with internal clients and the external auditor
• Prepare and publish timely and periodic financial statements
• Lead the implementation of transition of the organisation’s financial reporting standards from GAAP to IFRS
• Coordinate the preparation of regulatory reporting
• Support month-end and year-end close process
• Ensure quality control over financial transactions and financial reporting
• Coach the finance officer and other members of the finance team on policies, procedures, and progressively defend the company’s financial interests
• Manage records, receipts, and conduct periodic reconciliation of transactions
• Process invoices, prepare balance sheets, and become the business
• Any other tasks assigned by the Head of Business Development and/or interim CEO

As the HR business partner (30%) for both external and internal stakeholders, the Finance and Administration Manager will:

• Align business objectives with employees and management in designated departments.
• Consults with line management, providing HR guidance when appropriate.
• Manages and resolves complex employee relations issues, conducts effective, thorough, and objective investigations.
• Maintains in-depth knowledge of legal requirements related to day-to-day management of employees, reducing legal risks, and ensuring regulatory compliance.
• Provides day-to-day performance management guidance to line management including coaching, counseling, career development, disciplinary actions.
• Works closely with management and employees to improve work relationships, build morale, increase productivity, and retention.
• Provides HR policy guidance and interpretation.
• Develops contract terms for new hires, promotions, and transfers.
• Provides guidance and input on corporate restructures, workforce planning, and succession planning.
• Identifies training needs for departments and individual executive coaching needs.
• Participates in evaluation and monitoring of training programs to ensure success and follows up to ensure training objectives are met.
• Any other tasks assigned by the Head of Business Development and/or interim CEO

As the Procurement and Supply Chain Management (P&SCM) Business Partner (10%) for both external and internal stakeholders, the Finance and Administration Manager will:

• Coordinate and ensure procurement of goods and services in terms of Quality, Cost, and Durability principles
• Insure availability of operationally deemed essential goods and services all the times
• Keep proper registration and periodical count of inventories and fixed assets of the company

Qualifications

• A minimum of Bachelors degree in Accounting from a recognized University with a GPA of 3.0 or higher

Experience and skillset

• Three years experience working in a medium size enterprise in Ethiopia with more than 30 employees and annual revenues of more than 20million
• Experience in implementing financial reporting according to IFRS for SMEs is strongly desired
• Experience working on accounting software like Sage Peachtree software
• Excellent oral representation, writing, and reading skills in English, ability to communicate in more than one Ethiopian language strongly desired
• Ability to defend the company’s financial interests with evidence from regulatory understanding and past experience when coming under pressure from internal and external stakeholders
• Ability to adapt to changes in a fast-growing company and provide solutions to these growing pains
• Ability to think strategically and execute with efficiency
• Understands and respects the importance of discretion in dealing with financial matters
• Strong adherence to standards, systems, and protocol in ensuring the corporate health of the organization
• Ability to adapt to and perform well in a multicultural setting composed of people from different backgrounds and strong opinions