DRAZ Group Co., Ltd. Ethiopia Branch, situated in Addis Ababa, is a prominent construction company dedicated to delivering high-quality projects across various sectors of the construction industry. As a branch of the larger DRAZ Group Co., Ltd., which is headquartered in China, the Ethiopia branch benefits from the extensive expertise, resources, and technological innovations of its parent company. The company is committed to adhering to international standards of safety, quality, and environmental sustainability. With a team of skilled engineers, project managers, and technical experts, the branch aims to contribute significantly to Ethiopia’s urban development and infrastructure growth.

KEY RESPONSIBILITIES

• Prepare and analyze monthly, quarterly, and annual financial statements in compliance with IFRS and local standards.
• Manage the company’s general ledger, ensuring all transactions are properly recorded.
• Oversee the month-end and year-end closing processes.
• Coordinate with external auditors for the annual audit and ensure timely completion.
• Manage job costing and project accounting, tracking costs (materials, labor, subcontractors, equipment) against budgets for multiple projects simultaneously.
• Prepare and analyze Progress Reports and ensure accurate revenue recognition using the Percentage-of-Completion (POC) method.
• Review and approve project-related invoices, purchase orders, and payment vouchers.
• Monitor project cash flow and profitability.
• Ensure full compliance with all TAX proclamation, regulations and directives.
• Accurately prepare and timely submit monthly tax reports including: Value Added Tax (VAT), Withholding Taxes (WHT), Payroll Taxes, and Pension Contribution
• Manage all dealings with tax authorities, including responses to inquiries and tax audits.
• Stay updated on changes in Ethiopian tax laws and financial regulations.
• Supervise the processing of vendor invoices and ensure payments are made in a timely manner.
• Oversee the billing process and collections from clients, ensuring a healthy cash flow.
• Reconcile supplier statements and manage supplier relationships.
• Manage bank relationships and perform monthly bank reconciliations.
• Monitor daily cash positions and prepare cash flow forecasts.

Salary: Negotiable

Duty Station: Around Dembel City Center, Bole Area, Addis Ababa

QUALIFICATIONS AND EXPERIENCE

• Education: Bachelor’s Degree in Accounting and Finance. A Master’s Degree is a plus.
• Experience: Minimum of 5 years of progressive accounting experience, with at least 2 years in a Senior Accountant or similar role within the Construction or Manufacturing Industry in Ethiopia.
• Technical Skills:
  • Proficiency in Peachtree Accounting Software and Advanced skills in Microsoft Excel.
  • In-depth, hands-on experience with e-Filing Systems and TASS procedures.
• Knowledge:
  • Thorough understanding of IFRS.
  • Expert knowledge of Ethiopian tax laws and commercial codes.
  • Strong understanding on project-based accounting principles.
• Key Competencies:
  • High Integrity and Ethics: Unquestionable honesty and professionalism.
  • Analytical & Problem-Solving Skills: Ability to analyze complex financial data and provide actionable recommendations.
  • Attention to Detail: Meticulous and accurate in all aspects of work.
  • Leadership & Supervision: Experience in supervising and mentoring junior accounting staff.
  • Excellent Communication: Strong verbal and written communication skills in English.
  • Ability to Work Under Pressure: Meets tight deadlines in a fast-paced.