Branch Accountant I for Kolfe Internal Vacancy

IMMEDIATE INTERNAL

VACANCY ANNOUNCEMENT

Position: Branch Accountant I

Place of Work: Kolfe Branch

Opening Date: March 15, 2024

About the Organization:

VisionFund Micro Finance Institution (S.C) is an Institution established according to proclamation No. 40/96 to provide financial services to the productive poor in the rural and urban areas of Ethiopia. VisionFund is currently operating in five of the Regional States of the country.

VisionFund MFI is currently looking for internal candidates for Branch Accountant I for Kolfe Branch Office. The successful candidates will have skills and experience that meet the following requirements:

Major Responsibilities

Ensure the maintenance of an updated and well-kept accounting books and records

Handle and ensure branchs daily financial transaction (payments, collections, cash withdrawal & deposition in banks, saving withdrawals, cash count etc.) are in line with financial policy and procedure of the institution.

Ensures timely and accurate weekly & monthly bank reconciliation for all accounts of the branch and take prompt action on reconciling items

Ensures observance of policies in the preparation of payments, deposits, petty cash and vouchers

Ensures that the accounting books, records, loan documents etc. of the MFI branch are properly filed and stored for efficient retrieval and use;

Signs and counter signs on all financial documents and statements with the Branch manager

Prepare and assist for both internal and external audits

Provides assistance in any audit or examination to be conducted by the external or internal auditor, government regulatory agencies as well as other parties duly authorized by the Board of Directors or the CEO to conduct such activity;

Facilitate availing of all necessary documentation for branch audit task and ensure that proper minutes is kept, signed and properly filed up on audit exit conference.

Maintain sufficient control systems

Play internal control role of the branch office, i.e ensure that all financially and operational activities of the branch is in alignment policies and procedures of the institution and regulatory requirement

Keeps a systematic monitoring of all of the MFIs property and equipment, monitor its movement and review its condition as compared to its book value;

Ensure financial documents (cheque books, vouchers, loan documents etc.) are kept in safe custody and handled in accordance of policy and procedure of the institution.

Ensure that all financial documents and loan documents are signed by parties involved and properly filed

Ensure management of cash; cash in hand and at bank is done in line with policy and procedure of the institution.

Work with the treasurer to ensure adequate control of cash and other assets according to laid down policies for the MFI.

Ensure that monthly client verification is done, signed and orderly documented.

Ensure that budget and budgetary control is done in accordance with policy and procedure of the institution

Formulate financial budget and annual plan of the branch in coordination with Branch manager

Responsible for of branch cash flow forecasting and liquidity management of branch office

Reporting

Ensure system generated tasks such EOM running, backups, off-line files, scanned copies of loan documents are properly handled & timely reported

Promptly produces regular financial and other reports per policy and procedure of the institution;

Produce for review monthly income, balance sheet and cash flow statement of the head office

Chartered accountant is an added advantage.

2 years of experience for Bachelor Degree or 4 years experience for Diploma in related positions.

Determined personality with initiative, perseverance and the ability to motivate and manage a team

Capability and willingness to take responsibility and highly developed sense of integrity

Ready to comply and live up to and in accordance with the organization Ideals and Core Values

Be proficient in Microsoft office, Sun systems and excellent use of Excel spreadsheets

Highly developed sense of reliability and accuracy

Be a good trainer, facilitator, mentor, and coach

Very good communication skills

Terms of Employment: Permanent