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11 Nov 2021

Chief Financial Operations Officer at National Bank of Ethiopia

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Job Description


JOB SUMMARY

  • Prepare policies and procedures of financial operation team
  • Maintain and update the Bank’s chart of accounts.
  • Review daily financial information reports for management and outside customers.
  • Review and send periodic schedules of loans and advances to commercial banks and DBE for notification purpose.
  • Monitor Loans and advances due from DBE and CBs; and due to CBs.
  • Regularly follow up the proper maintenance of general ledger.
  • Authorize and follow-up opening/closing of general ledger and internal subsidiary ledger accounts.
  • Review and dispatch balance confirmation letters to all customers maintaining accounts with the NBE for external audit purpose.
  • Review balance confirmation letter to external auditors for requested customer accounts.
  • Identify measure, monitor and report risks of the team.
  • Consult / advice directorates and top management on financial operation issues.
  • Review the operational plan, budget & performance report of the team.
  • Authorize transaction entries of the directorate as per the delegation of Authority of the Bank.
  • Review and endorse reports prepared on major variances of financial statement items.
  • Conduct review & endorse monitoring report prepared on irregularities of general ledger accounts and forward same to directorates for investigation and making appropriate adjustments.
  • Identify the risks of the directorate and make proposal on their mitigation mechanisms.
  • Assist other Finance Team members
  • Performs other duties as assigned.

JOB REQUIREMENT

Minimum Education & Experience:

  • 2 Degree or above in Management, Accounting, Accounting and Finance, Banking & Finance, Business Administration, preferably with certification in ACCA
  • 7/5 years of relevant experience for 2 degree or PhD holder, respectively, of which 2 in supervisory or managerial position; financial institutions is preferred.

Skills & Abilities:

  • Leadership and strategic thinking
  • Ability to plan, organize and prioritize
  • Effective communication
  • Judgment and decision making
  • Very good working knowledge of Microsoft Excel and Word.
  • Significant experience of using an accounting system
  • Good in interpretation and analysis of budget and Financial Statement.
  • Thorough understanding on accounting standards like IFRS
  • Excellent oral and written English skills

Salary: Very Attractive with different benefit packages

Age limit: not exceeding 45 years

Place of Work: Addis Ababa, Head Office





Method of Application

Submit your CV, copies of relevant documents and Application to:

Human Resource Management Directorate
National Bank of Ethiopia
P.O. Box: 5550, Addis Ababa, Ethiopia

Closing Date : 12 November. 2021





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