Senior Accountant 100 views

Department: Finance/Accounting Directorate

Reports To: Finance Director

Number of Position: 1

Company Profile

Accu-Tech Diagnostic Center is a joint venture diagnostic laboratory organized and existing under the laws of Ethiopia. It is a business firm that addresses unmet health needs, market demands, and social and environmental problems of a society and community at large. It uses a state-of-the-art laboratory facility equipped with the latest technologies to provide accurate, reliable and timely patient results with reasonable pricing model. This JV Diagnostic Laboratory Center (JV DLC) was established and operated under the Joint Venture Engagement of Millennium Healthcare Enterprise and Retina Pharmaceuticals. It strives to maximize reasonable revenues while also maximizing positive health impacts on the community and the environment. The JV DLC will offer a comprehensive range of services for patients, researchers and academicians and will contribute to meet the unmet need of the healthcare system in the country.

Job Summary:

The Senior Accountant plays a pivotal role in the finance department, responsible for ensuring the accuracy and integrity of financial records. This position involves complex accounting tasks, financial analysis, and a degree of mentor-ship for junior accounting staff. The Senior Accountant will contribute to the month-end and year-end closing processes, assist with audits, and ensure compliance with accounting standards.

Key Responsibilities:

Financial Reporting and Analysis:

o Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements.
o Conduct variance analysis and provide insights into financial performance.
o Assist with the preparation of financial reports for internal and external stakeholders.
o Ensure compliance with Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).
o Checks/verifies all payment before approval
o Ensures that all statements, documents and bank balances from branches have been received regularly.
o Checks payments and other expenditures that they are consistent with the approved financial procedures of the company.
o Checks/verifies payrolls of the staff and makes sure that it is paid and all necessary government taxes are deducted and paid on time
o Checks accuracy of all transactions posted to the accounting system of the organization.

General Ledger and Account Reconciliation:

o Maintain and reconcile general ledger accounts.
o Prepare and post journal entries.
o Perform complex account reconciliations and resolve discrepancies.

Month-End and Year-End Close:

o Participate in the month-end and year-end closing processes, ensuring timely and accurate completion.
o Prepare and review closing journal entries.
o Assist with the preparation of audit schedules.

Audit and Compliance:

o Assist with internal and external audits by providing necessary documentation and support.
o Ensure compliance with financial regulations and internal control procedures.
o Assist with the preparation of tax returns.

Team Leadership and Mentorship:

o Provide guidance and support to junior accounting staff.
o Review the work of junior accountants for accuracy and completeness.
o Assist in the training and development of accounting staff.

Process Improvement:

o Identify and recommend improvements to accounting processes and procedures.
o Assist in the implementation of new accounting systems and software.

Education: Bachelor’s degree in Accounting or Finance.

Experience:

• Minimum of 5-8 years of progressive accounting experience.
• Experience with general ledger functions and month-end/year-end close processes.
• Experience with accounting software (e.g., SAP, Peachtree, QuickBooks).

Skills:

• Strong understanding of GAAP or IFRS.
• Advanced proficiency in Microsoft Excel.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Strong organizational and time management skills.