Company Description:
Olij Breeding Ethiopia PLC is an internationally recognized rose breeding and propagation company with a significant presence in Ethiopia since 2012. Based in Bishoftu, the company currently employs over 150 staff members and has ambitious plans for further growth.
The company is seeking a qualified, motivated, and detail-oriented Accountant to join its team at its farm located in Bishoftu (Debre Zeit).
Accountant Location Ethiopia
Purpose of the Position
The purpose of the Accountant position is to ensure accurate, timely, and efficient financial accounting and reporting in accordance with company policies, applicable accounting standards, and Ethiopian tax and financial regulations. The role is responsible for maintaining proper financial records, processing financial transactions, preparing financial reports, supporting budget monitoring, ensuring tax compliance, and providing reliable financial information to support management decision-making and the company's continued growth.
Key Accountabilities
General Accounting and Financial Management
- Manage day-to-day accounting operations and maintain accurate financial records.
- Prepare and review journal entries, general ledger accounts, and account reconciliations.
- Manage accounts payable, accounts receivable, and supplier/customer balances.
- Monitor cash flow, bank transactions, and petty cash management.
- Ensure proper documentation and authorization of all financial transactions.
- Prepare monthly, quarterly, and annual financial reports.
Tax Management and Compliance
- Ensure timely preparation, declaration, and payment of applicable taxes in accordance with Ethiopian tax laws.
- Manage VAT-related records, declarations, and reconciliations, where applicable.
- Handle withholding tax, payroll-related taxes, and other applicable tax obligations.
- Ensure proper tax treatment and documentation of local purchases, imports, and export-related transactions.
- Prepare supporting documents for tax audits and respond to tax authority inquiries.
- Monitor tax compliance and advise management on potential tax risks and obligations.
Cost Accounting and Budget Control
- Monitor and analyze production costs related to rose propagation and farm operations.
- Track direct and indirect costs, including labor, fertilizers, chemicals, growing media, packaging, utilities, and other farm inputs.
- Prepare cost analysis reports and monitor production expenses against approved budgets.
- Identify cost-saving opportunities and support management in improving operational efficiency.
- Assist in the preparation of annual budgets and financial forecasts.
Inventory and Fixed Asset Management
- Maintain accurate inventory records for planting materials, agricultural inputs, fertilizers, chemicals, packaging materials, and other supplies.
- Monitor inventory movements, consumption, and stock balances.
- Conduct periodic physical stock counts and reconcile differences.
- Maintain fixed asset registers and calculate depreciation.
- Monitor farm equipment, vehicles, greenhouse-related assets, and other company property.
Payroll and Employee-Related Accounting
- Prepare and review monthly payroll and employee-related payments.
- Ensure accurate calculation of salaries, allowances, deductions, and applicable statutory contributions.
- Maintain payroll records and ensure timely processing of payroll-related tax obligations.
- Coordinate with the HR and administration teams on employee-related financial matters.
Financial Reporting and Audit
- Prepare accurate monthly management accounts and financial statements.
- Perform monthly reconciliations of bank accounts, suppliers, customers, and other balance sheet accounts.
- Support internal and external audits and ensure audit findings are properly addressed.
- Maintain an organized accounting filing and documentation system.
- Provide financial analysis and reports to management to support decision-making.
Other Responsibilities
- Ensure compliance with company financial policies, internal controls, and applicable laws.
- Coordinate with procurement, farm operations, sales, and administration departments.
- Perform other finance and accounting duties assigned by management.
Duty Station: Bishoftu (Debre Zeit), at the Farm
Employment Type: Full-Time
Required Experience: 3–4 Years
Salary: Negotiable