Accounts and Control Officer for Branch Grade C

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 four of the Regional States of the country.

Location: Muhur and Wolkite, SNNPR

VisionFund MFI is currently looking for internal candidates for Accounts and Control Officer for Branch Grade C Offices. 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 the branch’s daily financial transactions (payments, collections, cash withdrawal & deposition in banks, saving withdrawals, cash count, etc.) are in line with the financial policy and procedure of the institution.
• Ensures timely and accurate weekly & monthly bank reconciliation for all accounts of the branch and takes 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
• Ensure proper recording, depreciation, and registration of fixed assets
• Ensures that the general ledgers and subsidiary ledgers are completed and  properly maintained;
• Ensures the preparation of monthly payroll and payments of statutory deductions;
• Ensure proper handing over and proper custody of the financial document

Prepare and assist in 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 tasks and ensure that proper minutes are kept, signed, and properly filed up on audit exit conference.
• Ensure those audit findings are timely responded to and audit resolutions are made in accordance with the audit implementation  action plan
• Ensure that the audit resolution given by the branch is supported by objective evidence.

Maintain sufficient control systems

• Play internal control role of the branch office, i.e ensure that all financial and operational activities of the branch are in alignment with policies and procedures of the institution and regulatory requirement 
• Keeps systematic monitoring of all of the MFI’s property and equipment, monitors its movement and reviews its condition as compared to its book value;
• Ensure financial documents (checkbooks, vouchers, loan documents, etc.) are kept in safe custody and handled in accordance with the 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 the 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 the financial budget and annual plan of the branch in coordination with the Branch manager
• Responsible for branch cash flow forecasting and liquidity management of branch office

Reporting

• Ensure system-generated tasks such as 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
• Promptly reporting consolidated audit  implementation status report per policy gridline of the MFI
• Ensure that monthly client verification is done, signed, and orderly documented
• Conduct regular financial analysis of the branch and advice branch manager and Area Financial Accountant on trends of financial and operational performances

Others

• Assist branch manager on matters pertaining to financial management
• Give guidance to branch tellers on the day to day activities
• Act as assistant branch manager in absence of deputy branch manager
• Ensure that the branch loan committee is properly functioning and the loan committee file is complete
• Perform any assignment given by the branch manager

Job Requirements

• Bachelor's degree or diploma in accounting is required
• A chartered accountant is an added advantage. 
• 2 years of experience for a bachelor's degree or 4 years experience for a 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's 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

How to Apply

Candidates who fulfill the above requirements can submit the application letter, updated curriculum vitae with names and addresses of up to 3 references, and non-returnable copies of credentials to [email protected]

or in-person to Muhur, Wolkite Branches, or West Area or Central area offices located around Lideta/Addis Ababa, North West area office located at Ambo.

Women applicants are highly encouraged to apply