Palladium Group Finance Officer Jobs in Ethiopia

Palladium Group Finance Officer Jobs in Ethiopia


Company Overview:

  • Palladium is a global leader in the design, development and delivery of Positive Impact - the intentional creation of enduring social and economic value.

  • We work with foundations, investors, governments, corporations, communities and civil society to formulate strategies and implement solutions that generate lasting social, environmental and financial benefits.

  • For the past 50 years, we have been making Positive Impact possible.

  • With a team of more than 2,500 employees operating in 90 plus countries and a global network of more than 35,000 technical experts, Palladium has improved - and is committed to continuing to improve - economies, societies and most importantly, people's lives.

  • Palladium is a child-safe organisation, and screens applicants for suitability to work with children. We also provide equal employment to all participants and employees without regard to race, color, religion, gender, age, disability, sexual orientation, veteran or marital status.

    Project Overview and Role:

  • Catalyze is a $250 million 5 to 8-year program, designed to catalyze $2 billion in private capital, especially to underfinanced social sectors (such as education) and higher risk countries (especially low-income and post-conflict countries) around the globe, complemented by a cross-cutting inclusion of gender-lens investing.

  • Catalyze will provide services to many missions and bureaus that “buy in” to tap the CATALYZE investment and pay-for-results project management expertise.

  • Our aim is for investors to explore and find commercially viable opportunities and approaches to creating jobs, developing sustainable social services, tightening, and rationalizing supply chains, and advancing inclusive growth.

  • Catalyze Ethiopia: Market Systems for Growth (MS4G) will drive private enterprise expansion to catalyze Ethiopia’s future economic growth and prosperity.

  • MS4G intends to foster enterprise-driven growth, especially among private enterprises that have high growth potential and the capacity to catalyze job creation throughout market systems.

  • MS4G will address systemic challenges, including building business development services capacity, creating a more conducive business environment, building the financial sector infrastructure and capability within private finance providers, and expanding the digital economy.

  • MS4G will catalyze private sector growth by improving access to finance and facilitating transactions through targeted interventions across market systems (demand, supply, and enabling environment).

  • Expanded access to finance will also drive change across the market system by increasing business revenue and necessitating job creation. The program has an estimated life of project funding of $55 million and is anticipated to operate for five years.

  • While focus sectors will be finalized in collaboration with USAID during the inception phase, it is anticipated that they could include agribusiness, light manufacturing, and telecommunications & ICT (including fintech).

  • Across all initiatives, there will be a cross-cutting focus on women and youth, as well as a focus on ensuring that disparate ethnic groups and regions equitably benefit from the interventions.

  • The Finance Officer will support Finance Manager by ensures that all financial records of all the projects costs are in accordance with Palladium financial policies and procedures and donor (USAID) rules and regulations.

  • He/she must demonstrate the ability to use sound business judgement in assuring that all records to the financial system are accurate and necessary for the operations of the MS4G projects.

  • He/she makes sure that all government taxes and other obligations are deducted and paid on time. This individual must be based in Addis Ababa.

    Primary Duties and Responsibilities

    Expected Outcomes

  • The Finance Officer will assist the Finance Manager by ensures that all financial records of all the projects costs are in accordance with Palladium financial policies and procedures and donor (USAID) rules and regulations.

    Key Responsibilities

  • The Finance Officer will report to the Finance Manager.

  • The Finance Officer will be supporting to ensures that all financial records of all the projects costs are in accordance with Palladium financial policies and procedures and donor (USAID) rules and regulations.

  • He/she must demonstrate the ability to use sound business judgement in assuring that all records to the financial system are accurate and necessary for the operations of the MS4G projects.

  • He/she makes sure that all government taxes and other obligations are deducted and paid on time

  • Review all the documents submitted by staffs to settle their advances make sure all the documents are genuine and investigate any relevant question raided or address to the DCD – O & C.

  • Ensure that all costs and travels have adequate prior authorization and approval.
    Process travel advances to project staff and follow up on outstanding balances.


  • Verify, allocate, post, update and reconcile all financial transactions.

  • Make sure that all the expenses are included in the system accordingly and reviewing the payment being checked approved and backed with all the necessary documentation.

  • Ensuring all the reporting requirements from the project sides are satisfied.

  • Prepare monthly payroll for review, and deposit payroll related taxes to appropriate government entity on a timely basis.

  • Make sure that all government taxes & other obligations are deducted & paid on time.

  • Coordinate requests for VAT reimbursement with USAID per the established procedure and follow up the reimbursement.

  • Prepare outstanding advance report to be reviewed by Finance Manager.

  • Assist Finance Manager during the reporting.

  • Tracking and reporting on financial aspects of grants

  • Providing assistance in supervising Finance Assistant/Cashier

  • Reviewing day-to-day accounting and submitting financial reports, when needed

  • Ensuring compliance with all donor and home office procedures

  • Implement systems and ensure proper checks and balances to mitigate potential for fraud or improper use of funds

  • Coordinating development of activity budgets and management of field expenses and its submission to Finance manager

  • Determining cost projections and submitting requests for funds monthly and its submission to Finance manager

  • Other duties as assigned by the Finance manager.

    Required Qualifications:

  • Knowledge of US government rules and regulations for USAID direct contracts, experience in International NGO preferred.

  • Excellent interpersonal skills demonstrate ability to interact professionally with a culturally diverse staff, clients, and consultants.

  • Ability to organize and prioritize several tasks at the same time, with attention to detail and quality.

  • Very good computer and Microsoft Office skills, especially Excel and any accounting software

  • Proficiency in English, both oral and written, including business terminology required.

  • Ability to work under pressure and efficiently handle multiple tasks is required.

  • Ability to work under own initiative or as a part of a team is required.

    Preferred Qualifications:

  • Bachelor’s degree or equivalent in Finance, Business Administration, or a relevant field
    Eight years of relevant experience in accounting for donor-funded projects, preferably for USAID
    Knowledge and understanding of USAID and local rules and regulations

  • Experience in international organization,
    Intermediate experience of Microsoft Excel

    How to Apply

  • For more information and job application details, see; Palladium Group Finance Officer Jobs in Ethiopia


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