Aggar is the first commercial private microfinance licensed in the country on March 18/2004 and started operation in April 2004. It was initiated by Ethiopian Shareholders to address the “missing middle” as often called i.e. the MSE’s. The founders envisioned to address both social and profitability objectives. Aggar was established by 443 shareholders with paid up capital of Birr 4,243,600.00. Currently its shareholders grew to more than 750,it’ spaid up capital to more than 250.0 million and its total assets to more than 410 million.

Job Requirement

Minimum Qualification Required: MA/BA Degree in Accounting/ Financial Accounting  or related field

Expected Minimum Work Experience:  4/6 Years of relevant experience 2 of which in senior positions

Expected Competency (Skills required):

• Though knowledge of accounting principles and practices
• Skills in preparing and analyzing financial reports, including balance sheets, income statements, and cash flow statements. Ability to ensure compliance with reporting standards and regulations.
• Expertise in developing and managing budgets, financial forecasts, and variance analysis. Ability to create financial models and projection
• Comprehensive knowledge of Micro Finance Business
• Knowledge of tax regulations, preparation of tax returns, and compliance with tax laws. Skills in managing tax planning and optimization strategies
• Ability to perform financial analysis to assess profitability, liquidity, and financial health
• Proficiency in using financial analysis tools and software.
• Excellent knowledge of the Financial regulations of the government
• Ability to prepare statement of accounts
• IFRS application skill