Accountant

About this role

GUGU PLC — VACANCY ANNOUNCEMENT Position: Accountant Department: Finance & Accounts Duty Station: Addis Ababa, Ethiopia Employment Type: Full-time Number Required: 2 Reports to: General Manager Salary: Based on the organization standard Location: Megenagna Lamberet, Addis Ababa Application Deadline: (10 Days) About GUGU PLC GUGU PLC is a nationwide importer, distributor, and installation service provider of solar energy products and systems in Ethiopia. The company supplies solar panels, inverters, batteries, solar water pumps, accessories, and integrated solar solutions to individual customers, businesses, institutions, and project clients.GUGU PLC is seeking a competent, trustworthy, and results-oriented Accountant to manage the company's accounting operations, financial records, tax compliance, inventory accounting, and financial reporting. Job Purpose The accountant is responsible for maintaining accurate financial records, managing daily accounting transactions, monitoring cash flow and receivables, reconciling bank and inventory accounts, supporting import cost accounting, and preparing timely financial reports to support sound business decisions and regulatory compliance. Key Duties and Responsibilities Financial Accounting and Bookkeeping Record and classify all financial transactions accurately and on time. Maintain the general ledger, accounts payable, accounts receivable, cashbook, and other accounting records. Prepare and process payment vouchers, receipts, journal entries, invoices, and supporting financial documents. Verify the accuracy, completeness, and authorization of financial transactions. Maintain organized financial records and ensure proper documentation for audit and management review. Reconcile subsidiary ledgers and control accounts with the general ledger. Financial Reporting and Budget Monitoring Prepare monthly, quarterly, and annual financial reports for management. Assist in preparing annual budgets, cash flow forecasts, and expenditure plans. Monitor actual expenditure against approved budgets and report significant variances. Prepare profit and loss statements, balance sheets, cash flow reports, and other financial schedules as required. Analyze sales revenue, operating expenses, gross margins, and business profitability. Provide management with timely financial information to support planning and decision-making. Sales, Revenue and Receivables Management Verify sales invoices, receipts, credit notes, and supporting documentation. Reconcile cash, bank, mobile payment, and other authorized sales collection records. Monitor customer credit balances and outstanding receivables. Follow up on overdue customer payments in coordination with the sales and management teams. Reconcile daily sales reports with actual collections and accounting records. Monitor customer deposits, advances, refunds, and outstanding balances. Procurement, Import and Cost Accounting Verify supplier invoices, purchase orders, goods received notes, and payment requests. Maintain accurate accounts payable records and supplier statements. Record and reconcile foreign and local procurement transactions. Calculate and allocate applicable import-related costs, including freight, insurance, customs duties, taxes, clearing charges, and inland transportation, to determine the landed cost of imported products. Monitor supplier advances, foreign currency payments, and outstanding import-related obligations. Reconcile procurement records with inventory receipts and supplier accounts. Support product pricing and profitability analysis using accurate cost information. Inventory and Asset Accounting Maintain accurate accounting records for solar panels, batteries, inverters, pumps, accessories, and other inventory items. Reconcile inventory records with warehouse and stock management records. Participate in periodic physical stock counts and investigate discrepancies. Monitor inventory valuation, stock adjustments, damaged goods, returns, and transfers between locations. Ensure that inventory movements are supported by authorized documents. Maintain the fixed asset register and calculate depreciation in accordance with the applicable accounting framework. Report inventory losses, unusual variances, and other financial control concerns to management. Tax Compliance and Statutory Reporting Prepare and support timely filing of applicable tax returns and statutory declarations in accordance with Ethiopian tax laws. Maintain proper documentation for VAT and other applicable taxes, withholding tax, and employee-related tax obligations. Verify tax invoices and supporting documents for sales, purchases, and payments. Reconcile tax accounts and coordinate with relevant authorities when required. Monitor applicable filing and payment deadlines and inform management of upcoming obligations. Support compliance with applicable accounting, tax, financial reporting, and business regulatory requirements. Cash Management and Internal Controls Monitor daily cash balances, bank balances, and short-term cash requirements. Prepare regular bank reconciliations and investigate outstanding or unexplained transactions. Support cash flow planning and payment scheduling. Ensure that payments are properly authorized and supported by complete documentation. Maintain effective controls over cash receipts, disbursements, petty cash, and financial records. Identify financial risks, irregularities, and weaknesses in internal controls and recommend corrective measures. Maintain appropriate segregation of duties and confidentiality of financial information. Audit and Management Support Prepare financial schedules and supporting documents for internal and external audits. Respond to audit queries and follow up on agreed corrective actions. Coordinate with sales, procurement, administration, inventory, and technical teams to ensure accurate financial reporting. Support preparation of project budgets, installation cost reports, and project profitability analyses. Perform other finance and accounting duties assigned by management within the scope of the position.