Basic Functions

Under the general guidance of the Chief Executive Officer plans, organizes, directs and controls all functions related to finance, human and material resources and administration services; ensures conformity with the appropriate laws, policies and procedures; proposes measures to enhance good labor relations, management of personnel and other administrative matters.

Specific Duties and Responsibilities

• Planning, organizing, directing and controlling the activities of Finance and Administration functions of the company;
• Supervising and controlling the operation of company’s accounts; exercising control on the maintenance of proper books of accounts, taxation and inventory;
• Ensuring that company funds are timely collected and properly utilized in accordance with company policies, procedures, plans and programs;
• Directing, monitoring and controlling the orderly clearance of payables and receivables; securing management’s approval for the write-off of unclaimed liabilities and bad debts;
• Directing the preparation of corporate financial plans as well as annual capital and operating budgets;
• Formulating and developing financial, human and material management policies and procedures; directing the planning, installation and maintenance of proper accounting, budgeting and financial control, human resource and property administration systems;
• Ensuring that annual accounts are properly and timely closed, and that periodical financial statements and reports are prepared and submitted to Management;
• Arranging for and submitting accounts of the company to regular and on the spot audit;
• Ensuring and arranging for adequate insurance coverage for the property and liability of the company;
• Ascertaining that human and material resources as well as administrative services are timely provided to all organs of the company to ensure smooth and continuous operations;
• Directing and controlling recruitment, promotion, placement, transfer, salary and benefits administration, work discipline, training, termination of services, performance appraisal, grievance handling and employee records management; ensuring conformity with the provisions of the labor law and directions from management in the administration of employees;
• Supervising and ensuring the proper provision of general services including janitorial, custodial, communication, photocopying, duplicating and maintenance services; supervises and ensures proper and safe employee record keeping;
• Prepare and submit periodical reports;
• Perform other activities as required

Job Requirement

Education:   Banking and Insurance or Management or Accounting and Finance or Economics or in related fields, preferably with ACII or LOMA

Experience: 12 years relevant experience, of which 5 years should be at a senior managerial position in core insurance areas.

Job grade: XIV

Competencies

• Intensive knowledge of financial management principles and concepts;
• Comprehensive knowledge of human resources management;
• Comprehensive knowledge of procurement and property management;
• Thorough knowledge of industrial relations;
• Ability to timely consolidate accounts and rectify irregularities;
• Ability to coordinate and direct a variety of activities;
• Ability to create effective work teams;
• Commendable organization and time management skill.

Place of work: Addis Ababa, Head Office