Position Title: Senior Holding Accountant I

Department/Service: Holding Finance Department

Immediate Supervisor: Chief Holding Finance Officer

About Tamrin Investment Holding Company

Tamrin Investment Holding aspires to be Ethiopia's premier investment holding company, driving sustainable growth across a diversified portfolio of subsidiaries. Our current subsidiaries include Tamrin Automotive, Tamrin Trade and Agriculture, Tamrin Transit, Forwarding and Logistics, Demera Hotel and Tourism, and AMTE Construction Works. We are actively expanding our portfolio with the addition of new subsidiaries in the future. Our commitment lies in maximizing shareholder value, cultivating a culture of excellence, and making a meaningful contribution to the Ethiopian economy.

The Senior Corporate Accountant is a key member of the corporate finance team, reporting directly to the Chief Corporate Finance Officer and plays a crucial role in the financial accounting of the holding company and its diverse subsidiaries. This position is responsible for ensuring the accuracy, completeness, and timeliness of financial records and reports for the holding company and its diverse subsidiaries. The incumbent will play a vital role in the consolidation of financial statements, analysis of financial performance, and adherence to accounting standards (IFRS), GAAP and other regulatory requirements. This includes overseeing general accounting operations, maintaining internal controls, and providing financial insights to support strategic decision-making.

Main Duties and Responsibilities:

• Financial Reporting & Consolidation: Lead the accurate and timely preparation of consolidated financial statements (monthly, quarterly, and annually) for the holding company, alongside reviewing subsidiary financial statements, ensuring compliance with IFRS/GAAP and other relevant regulatory requirements.

• Financial Accuracy & Compliance: Ensure meticulous accuracy and completeness of all financial transactions within the Holding Company and its subsidiaries, strictly adhering to GAAP, IFRS, and all relevant internal and external regulatory requirements, including tax regulations.

• General Ledger & Reconciliation Management: Oversee and manage general ledger activities, including accounts payable, accounts receivable, and intercompany transactions, ensuring accurate recording, reconciliation, and timely resolution of discrepancies across all subsidiaries.

• Internal Controls & Audit Management: Develop, implement, and monitor robust internal controls over financial reporting to safeguard company assets and ensure compliance with policies and procedures. Coordinate and support internal and external audit processes, including preparing audit schedules and responding to inquiries.

• Financial Analysis & Strategic Support: Conduct rigorous financial analysis to identify trends, variances, and opportunities for process improvement and enhanced financial performance, including detailed ratio analysis (liquidity, asset management, leverage, profitability) to benchmark performance against industry standards. Contribute to budgeting and forecasting processes.

• Policy & Procedure Development: Contribute to the development and maintenance of accounting policies and procedures, ensuring they are consistent with IFRS and best practices.

• Stakeholder Collaboration & Continuous Improvement: Collaborate effectively with subsidiary finance teams and other internal stakeholders to foster seamless financial operations and knowledge sharing. Proactively identify and resolve complex accounting issues, staying abreast of the latest changes in accounting standards and regulations to ensure continuous financial best practices.

• Special Projects: Participate in special projects as assigned by the Chief Corporate Finance Officer, such as mergers and acquisitions, due diligence, or system implementations.

• Others related roles as assigned by the immediate supervisor.  

Job Requirements

Education: 

• Master's Degree in Finance from a recognized university, coupled with training in accounting software applications and IFRS, and a minimum of 6 years of progressive accounting experience, with at least 2 years in a supervisory or senior capacity preferably within a holding company structure.

   OR

• Bachelor's Degree in Accounting & Finance or Accounting from a recognized university/college, with training in accounting software applications and IFRS, and a minimum of 8 years of progressive accounting experience, with at least 3 years in a supervisory or senior capacity preferably within a holding company structure.

Experience: Demonstrated experience in financial reporting, consolidation, general accounting, and financial analysis. Experience working in a multi-business sector environment, preferably within a holding company structure, is highly preferable.

• Technical Expertise:

  • Proven experience in preparing consolidated financial statements.

  • Deep understanding and practical application of IFRS and GAAP.

  • Proficiency in various accounting software applications.

  • Strong analytical skills with the ability to conduct financial feasibility studies, evaluate investment options, and perform comprehensive ratio analyses.

• Core Competencies:

  • Exceptional attention to detail and a commitment to accuracy.

  • Strong problem-solving abilities and a proactive approach to issue resolution.

  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments and with subsidiaries.

  • Ability to work independently and manage multiple priorities in a fast-paced environment.

  • High ethical standards and a strong sense of accountability.

Compensation & Benefits

• Competitive salary and benefits package.

• Challenging and rewarding work environment.

How To Apply

APPLICATION PROCEDURE:

Interested and qualified applicants need to submit ONLY once their non - returnable application with CV for one vacancy. The vacancy reference number along with the title & Duty station need to be written in the application letter. 

Applicants can directly apply through THIS LINK until June 02, 2025 and make sure your application and CV should be in PDF or Word only.

Job Requirements MA or BA Degree in Accounting & Finance, Accounting or in a related field of study with relevant work experience, out of which 2\3 years in a supervisory or senior capacity preferably within a holding company structure. How to Apply Apply using the provided link below