Wegagen Bank Job Vacancy
Wegagen Bank SC
Wegagen BankS.C. is one of the seasoned private marketable banks furnishing a wide range of quality banking services in Ethiopia with an ever-growing and remarkable functional performance. Currently, the bank has devised a new strategic plan & subsequently reviewed its organizational structure. The Bank reaches out to almost all parts of the country through its service outlets, including branches and Forex services, currently exceeding well over 400. Thus, the Bank is looking for professionals with vibrant track records for the following vacant positions with attractive Salary and benefits packages.
Position: Financial Accounting – Director
Qualifications and Experience BA Master’s Degree in Accounting, Finance, Financial Management, Business Administration, or related field with Ten/ Eight (10/8) years of applicable work experience of which three( 3) years should be in a directorial position.
- Full professional qualification is desirable.
- Specialist experience in fiscal accounting and the banking sector. general Duties
- Develop functional strategy and ensure its implementation
- Develop, update, and implement directorate policy, procedure, guideline, and control in line with laws and regulations applicable to the Bank’s business environment and threat profile, and ensure similar documents are communicated to all concerned staff;
- Prepare directorate periodic plan/ budget along with enterprise and cover its execution;
- Provide the concerned organ with timely, applicable, accurate, and complete performance reports( functional, fiscal, and action plan/ initiatives)
- Adhere to the internal control system and risk management program of the Bank; ensure that risks are identified, assessed, and mitigated within her/ his domain;
- Implement timely corrective action on deficiencies and issues that have been raised or reported by the National Bank of Ethiopia, external and internal auditors, risk and/ or compliance managers, and other material organs within her/ his domain;
- Cultivate a working environment that celebrates success, and promotes teamwork, collaboration, and transparency among work units;
- Coach and mentor employees within the Directorate toward effective career development.
- Evaluate the periodic performance of his/ her subordinates.
- Demonstrate the Bank’s code of conduct, ascertain that subordinates abide by the same, and manage correctional concerns of the Directorate staff.
- Represent the Bank in external relationships related to the Directorate.
- Take part in the Bank’s decision timber process by forming part of different panels/ committee( s).
- Handle fresh assignments as directed by the immediate supervisor.
Specific Duties and Responsibilities
- Ensure the conservation of accurate and up-to-date fiscal records of the Bank in terms of quality and timeliness of financial reports;
- Monitor that payments are made respectable procedures and for authorized transactions and approve as applicable;
- Monitor and coordinate the timely reconciliation of accounts and settlement of payments and outstanding items;
- Review, approve, and submit consolidated fiscal statements and other affiliated reports to all concerned stakeholders promptly as per applicable accounting and reporting standards;
- Approve and monitor the payment of all taxes and pension obligations to the applicable offices on time;
- Co-sign on payment instruments and accounts similar to payment and settlement, reserve and issue accounts with the National Bank of Ethiopia;
- Correspond with other banks to settle outstanding items related to Cheque Clearance and Account Transfer System transactions;
- Ensure that proper aging analysis for suspense accounts is conducted and acceptable provision is set aside;
- Authorize the periodic closing of books of accounts of the Bank and facilitate internal and external audits.
- Review and authorize the opening, modification, and closure of accounts;
- Liaise with external auditors regarding the disclosure of true and fair financial reports.
Salary As Per The Banks Salary Scale & seductive Place of Work Addis Ababa, Head Office
How to Apply
Applicants fulfilling the stated criteria could send their applications with a CV and copy of testimonials through HTTP://vacancy.wegagenbanksc.com.et9090 from Monday, February 26, 202,4 to Saturday,y March 02, 2024, TTel.0115-523800.
