Buusaa Gonofaa Microfinance S.C Senior Accountant Jobs in Ethiopia

Buusaa Gonofaa Microfinance S.C Senior Accountant Jobs in Ethiopia

Job Id: 223303

Category: Accounting and Finance

Location: Addis Ababa

Career Level: Senior Level (5+ years experience)

Employment Type: Full time

Salary: 15,746 - 22,975

Job Description

Buusaa Gonofaa Micro-Finance (BG MFI) is a non-bank profit making financial institution licensed under Proclamation No 40/1996 and is supervised by the National Bank of Ethiopia with a mandate to take public deposits.

BGMFI is among key players in the Micro Finance Industry of the country.

For the last eighteen years it has been operating in Oromia region focusing on the rural and pre-urban economically active poor as its target market. Currently the company is looking for competent candidates on the following vacant positions.

Job Summary

The Senior Accountant is responsible to establish, monitor and summarize the extent of the financial operations and performances of the Institution.

He/she is responsible in recording, summarizing and reporting the financial status of the Institution in the form of regular financial statements and reports.

He/she assists the Accounting Section Head in the proper maintenance of the accounting records, timely closing of books and submission of financial statements, and auditing of accounts by external auditors.

Specific duties and responsibilities:

  • Establishes, operates, monitors and periodically summarizes financial operations;
  • Ensures that the accounting systems of the Institution comply with the internationally accepted accounting standards;
  • Verifies the correctness of cash, general ledger account balance with balance carried; according to the month end cash collection and deposit report;
  • Follows up the status of accounts receivables, and other collections and payables and advises the Head, General Accounts Section for handling collections;
  • Reviews ledger accounts, track balances for correctness and prepares an interim annual financial statement and closes books of accounts on the
    end of every fiscal period;
  • Facilitates audit activities, submits timely financial reports and provides required data and information that maybe required by auditors, implements auditors recommendations.
  • Reviews insurance claims, reconciles unsettled claims with ledger balance and follows-up where necessary;
  • Examines and checks all registers for correctness and journalizes the register totals for general ledger posting; reconciles monthly totals of subsidiary ledger balances with general ledger balances, consolidates and prepares trial balance;
  • Posts journal entries to general and subsidiary ledgers from journal vouchers and other documents;
  • Closes books of accounts, and prepares financial statements (income statement, balance sheets, etc.) periodically;
  • Evaluates the operational performance of each branch office cost centre and advises the Head, General Accounts Section on the status;
  • Reconciles accounts with debtor and creditors;
  • Certifies correctness of all payment voucher, checks, petty cash payment vouchers, petty cash replenishment summaries, etc.;
  • Checks and certifies correctness of payroll, travel allowances, per diem and related payments;
  • Amends changes in employee earnings, such as salary increments, loan settlements, loan grants and other deductions;
  • Consolidates financial statements of Branch offices with the Head Office;
  • Performs other duties as assigned by the Head, General Accounts Section.

    Job Requirements

    Minimum qualifications:


  • BA Degree in Accounting or related field.

  • 6 years of relevant experience, out of which 2 years in supervisory position, preferably in MFI.
  • Microfinance experience is an asset

    Technical and other skills

  • Good planning, organizational, analytical and decision making skills;
  • Well organized and ability to act in a professional and ethical manner;
  • Good skills in the use of computers;
  • Good communication and presentation skills.

    How to Apply

    qualifying applicant ought to send their CV and application latter to the following email



    Buusaa Gonofaa Microfinance S.C Senior Accountant Jobs in Ethiopia

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