Project Finance Head 25 views

DMC Construction Plc is a first class General Contractor (GC-1) chartered in Ethiopia to provide services in civil work projects, mainly road construction and maintenance, building construction and maintenance, water works, airfield construction, water works construction, etc., would like to invite competent Candidates for the vacant position of Project Finance Head.

General Description

To ensure the Projects Financial Performance is correctly measured on a monthly basis and help to coach project managers to understand the financial life cycle of their projects from bidding process to conclusion.

Main duties

• Review and certify supplier invoices related to a project.
•  Investigate project variances and submit variance reports to management.
• Verify that all source documents are original, legal, correct and the amount are true expenses of the project.
•  Follow- up that all daily collection and cash on hand are promptly deposited in the bank account intact.
• Ensure & Follow up that all daily transactions are recorded and daily cash reconciliation made by the cashier.
• Follow-up and certify that monthly payroll prepared to all employees as per the attendance sheet & the authorization of project HR, and prepares reconciliation against previous month payments.
• Check coding all source documents and entry in to the accounting system.
• Check all disbursement document have “paid” stamp and referenced with voucher number.
•  Follow-up that monthly payroll tax and pension contribution reported paid timely to project area branch office of Ministry of revenue.
•  Check that all employee get tax identification number and pension identification number.
• Ensure that from purchase above 10,000 & service received above 3,000 withhold 2% WHT and 30% from those do not have renewed trade license and don’t have license.
•  Check monthly rental (Dump truck, Machinery, Vehicle etc.)  Time sheet that at all the service received as per contractual agreement.
• Check monthly rental (Dump truck, Machinery, Vehicle etc.)  Time sheet that at all the service received as per contractual agreement.
• Prepare monthly disbursement budget for all project activities.
• Send monthly financial report and financial documents to head office.
• Perform other function that will be assigned by project manager & company finance manager.

• BA degree in accounting and Finance with at least 5 years of relevant experience, 2 years as Project Finance Head.
• Must have experiences in Peachtree, Excel, computer skill and other accounting software.
• Listing and writing Amharic and English language.
• Ability to work under pressure.
• Ability to handle multiple concurrent tasks.
• Flexibility regarding working hours.
• Excellent interpersonal and organizational skills.