SENIOR ACCOUNTANT

Department: Finance Line Manager : Finance Manager  Duty Summary:  Senior Accountant (Disbursement, document coding, posting and tax declaration) is a person who is responsible for preparing and reporting of costs, expenditure and process payment. S/he prepares and records different payments, confirm that documents are filed properly.  Position in the Organization: S/he works under the Finance Manager and works alongside other Senior Accountants.  Duty and Responsibilities: Receive payment request documents and verifying supporting documents. Check the availability of budget. Shall deduct withhold tax as per withholding tax proclamation. Prepare cash/bank payment voucher. Prepare daily cash flow and closing. Effect cash/bank payment up on an authorization of the designated personnel. Shall receive official receipt with the proper tin number of the company. Analyze the transaction, summarize, code and post (updating) the general ledger (data base). Hold authorized cash, cheques, and other cash –worth items in safe. Shall settle purchase and per-diem advances on time. Shall make paid stamp on each receipt or invoice.  Shall Record all accrued expense. Reconcile cash and bank accounts on a daily basis. Deposit all cash/cheque collections into the respective bank account intact (in time). Analyze, control and follow up staff debtor. Receive employee payroll data, prepare and code monthly payrolls. Prepare salary payment summary and send transfer letter to bank. Check staff clearance and prepare termination payments.  Collect Bank statement, loan statement, bank debit advice and credit advice on time. Prepare daily cash balance report. Close cash on hand account on daily bases. Ensure monthly Value Added Tax (VAT) is prepared and declared to Ethiopian Revenue Authority on Time.  Ensure monthly Withholding Tax (WHT) is prepared and declared to Ethiopian Revenue Authority on Time. Ensure monthly Payroll Taxes like employment Income Tax and Pension Fund are prepared and declared to Ethiopian Revenue Authority on Time Reconcile VAT input and output record with General Ledger. Assist External Auditors and Tax Auditors in audit Process. Ensure the document and work sheets are filed properly for future reference. N.B: Apart from the above-mentioned responsibilities one must complete all additional tasks requested by the company. Authorities:  His/her authorities are limited to the given zone. S/he need to report all the duties that s/he is in charge of to his/her direct line manager approvals. S/he does not have employees working under his/her authority.