Accountant (3 Positions)

Company Overview

Optimum is a professional Audit and Consulting firm formed in 2023 through the merger of two established partnerships—Eshetu & Mesfin Audit Service Partnership (2013) and Debebe & Mekonnen Audit Service Partnership (2018)—along with two reputable sole proprietorships, Kalid Mohamed Certified Audit Firm (2016) and Feleke Tessema Certified Audit Firm (2018).

Led by a team of dynamic and experienced professionals, we aim to become one of Ethiopia’s leading firms by leveraging our combined expertise and proven track record. We are committed to upholding the highest professional standards, fostering a collaborative work culture, and supporting the career growth of our employees.

As we expand, we are seeking a highly skilled Senior Accountant and Accountant, as well as a motivated Junior Accountant, to join our growing team.

Accountant

• Department: Tax and Outsourcing
• Reports to: Senior Accountant
• Location: Addis Ababa
• Positions Available: 3

Position Overview

We are seeking a proactive and detail-oriented Accountant to manage day-to-day accounting operations for a diverse portfolio of clients. The role involves maintaining accurate financial records, ensuring compliance with IFRS, GAAP, and Ethiopian tax laws, and delivering timely financial reports.

The Accountant will handle core accounting processes, including accounts payable/receivable, tax compliance, inventory accounting, and import cost build-up, while providing value-added insights to improve client financial performance. This position requires strong technical accounting skills, meticulous attention to detail, and the ability to work efficiently in a client- service environment.

Key Responsibilities

Client Accounting Operations

• Record and process client financial transactions in line with IFRS, GAAP, and firm policies.
• Prepare and post payment vouchers, invoices, receipts, and other accounting documents for clients.
• Maintain accurate general ledger and subsidiary ledgers for multiple client accounts.

Payable Accounts & Receivable Management

• Process client supplier invoices, verify supporting documentation, and schedule payments.
• Prepare and send client invoices to their customers, follow up on receivables, and record payments.
• Reconcile supplier and customer accounts to ensure accuracy.

Bank & Cash Management

• Prepare, post, and reconcile client bank transactions.
• Conduct regular bank reconciliations and investigate discrepancies.
• Oversee petty cash processes for clients and maintain proper documentation.

Taxation & Compliance

• Prepare and submit client tax filings (VAT, withholding tax, corporate tax, social security contributions) in compliance with deadlines.
• Maintain proper documentation and respond to client and tax authority queries.
• Keep up to date with changes in tax laws and regulations, advising clients accordingly.

Inventory Management & Cost Accounting

• Maintain and reconcile client inventory records, ensuring accurate valuation and alignment with physical counts.
• Record stock movements and resolve discrepancies.
• Support cost accounting by analyzing purchase, production, and usage costs for clients.

Import Cost Build-Up

• Gather and verify import-related documents for clients, including invoices, bills of lading, customs declarations, and freight charges.
• Calculate total landed costs, incorporating purchase price, freight, duties, insurance, and related expenses.
• Allocate import costs accurately to inventory in client accounting systems.

Financial Reporting & Month-End Processes

• Prepare monthly, quarterly, and annual financial reports for clients.
• Support client budget preparation and provide cost analysis.
• Ensure all reconciliations and schedules are completed accurately and on time.

Qualifications & Skills

Education:

• Bachelor’s degree in Accounting, Finance, or related field.

Experience:

• Minimum 2 years of experience in accounting or finance.
• Exposure to inventory accounting and import cost build-up preferred.
• Experience in a professional accounting firm is an asset.

Technical Expertise:

• Proficiency in accounting software (e.g., Peachtree, QuickBooks) and advanced MS Excel skills.
• Strong knowledge of IFRS, GAAP, and Ethiopian tax regulations.
• Understanding of inventory valuation methods and basic cost accounting.

Core Competencies:

• High accuracy and attention to detail.
• Ability to work under pressure and meet multiple deadlines.
• Strong organizational and client-service skills.
• Excellent communication and teamwork abilities.

Benefits Package/Salary:

Optimum offers a competitive compensation package for all vacant posts commensurate with experience, including salary, performance bonuses, and comprehensive benefits. We provide opportunities for professional growth, ongoing training, and a supportive work culture and collaborative work environment that values work-life balance. Optimum also offers opportunities for professional development and career advancement with exposure to a variety of industries and clients, enhancing your auditing skills and knowledge.