Job Responsibilities

• Manage advances and payable aging within the allowable time frame through prudent budgeting and closely monitoring of activities of requestors.
• Manage compliance issues and ensure that all financial transactions are in conformity with the RTI and USAID Policies and Procedures.
• Ensure timely submission of expense reports, bank reconciliations and wire transfer requests to RTI corporate headquarters.
• Reconcile petty cash fund on a monthly basis.
• Prepare quarterly accruals for in-country project expenses.
• Implement and monitor cost effective and efficient systems and procedures.
• Ensure that all financial vouchers are complete, accurate, and compliant with local Ethiopian government regulations, USAID guidelines, and RTI policies.
• Review all supporting documentation for expenses, invoices, and payments to verify accuracy and compliance.
• Review all financial transactions and ensure they are accurately entered into QuickBooks on a timely basis in accordance with accounting standards and organizational policies.
• Prepare monthly payroll for all RTI ETA employees. Ensure that salary income tax, 2% withholding tax, and pension contributions are correctly calculated and deducted.
• Ensure and review timely payment and reporting of taxes and contributions to the respective government authorities.
• Track and reconcile VAT refunds, ensuring that they are up to date and properly documented. Ensure that VAT refund applications are processed on a monthly basis.
• Assist in month-end financial reconciliation, ensuring that all financial records are accurate and complete.
• Conduct training sessions for the wider team to improve their understanding of financial processes, policies, and procedures.
• Compile accurate financial data from all departments to prepare the monthly cash requests. Ensure that cash flow requirements are accurately assessed and aligned with organizational needs.
• Ensure inventory is regularly updated and maintained in compliance with project requirements.
• Assist in the preparation for year-end closing, including the preparation of International Public Sector Accounting Standards reports.
• Ensure that all year-end processes are completed accurately and in accordance with accounting standards.
• During audits, assist in the communication with auditors and provide all necessary documentation and information required for the audit process. Ensure smooth coordination and prompt response to auditors’ requests.
•  Supervise assigned staff and mentor other members of the finance department.