KAKI PLC Head, Export Finance Jobs in Ethiopia
KAKI PLC Head, Export Finance Jobs in Ethiopia
AboutKAKI PLC is an official dealer and assembler of ISUZU in Ethiopia. It is also engaged in different business lines including import, export, metal fabrication, after sales services, and cargo freight transport operations.
General Duties and Responsibilities
The Export Finance Head plans, coordinates and supervises the financial activities of the Export Business Unit in accordance with financial policies and procedures of the company.
He/she is responsible for establishing, operating, monitoring and periodically summarizing the extent of financial operations and performance of the Export Business Unit.
He/she follow-up daily bank and cash position of the accounts designated for export business unit and carries out monthly bank reconciliation.
Initiates cash transfer based on the operation level.
Verifies payment requests; verify cheque and other payments in connection with export business unit; Follows up maturity date of obligations as well as receivables.
Follows up the status of ECX bank balance and requests deposits.
Supervises activities of subordinates.
Prepares monthly reports and submits to the immediate supervisor and to concerned parties.
Specific Duties and Responsibilities
Plans, coordinates and supervises the financial activities of the Export Business Unit in accordance with financial policies and procedures of the company
Forecast cash demand in advanced by analyzing the amount needed according to budgeted purchase level. Follow up and insure enough amount of cash availability maturity date of obligations, commitments (like loan repayment, taxes & any substantial settlement).
Follow up loan agreement made in connection with export activities and reports the status of the loan to minimize interest expense and to avoid unnecessary interest costs & non-compliance with contract.
Carries out monthly bank reconciliation of the accounts designated for export business unit.
Verify daily bank and cash position report by summarizing and categorizing cash collection, deposits and cash payment or disbursement
Verify and Reconcile daily bank and cash position report by summarizing and categorizing cash balance of the company with the bank balance and report any variance with objective evidence.
Initiates cash transfer request based on the operation level.
Follows up maturity date of obligations, commitments and loan
settlement as well as receivables;
Follows up the status of ECX bank balance and facilitate financing ahead of time and ensures the same on approval.
Accumulates and analyzes costs, prepares cost per unit for export of commodities.
Checks, follows-up and controls the completeness of required payment documentation and authorization of daily payment vouchers
Checks purchase advance balance and long outstanding liabilities are settled accordingly before it becomes long outstanding;
Verify cheque payment & petty cash payment as required.
In consultation with the concerned work units, identifies the gap between the cash demand and cash available and propose solutions;
Follows up to clear unnecessary balance of work in process and goods in transit account for export commodities.
Follows up with intra-bank cash transfer, cheque deposits are executed effectively and efficiently.
Properly manage and retain contractual documents like loan related documents and other cash related commitments,
Retain a check list that enables to lodge and follow up the daily floating checks (Normal checks, CPOs);
Verify cash collection and disbursement schedule. Follows up daily bank and cash position of the accounts designated for export business unit.
Collect all bank credit/debit advice, bank deposit slips, vouchers and/or cash/credit sales invoice;
Prepares monthly financial reports and submits to the immediate supervisor as well as to concerned parties.
Supervises activities of subordinates reporting to him/her.
Performs other duties as assigned by his/her supervisor
Job Requirements
Qualification
M.A. Degree or B.A. Degree in Accounting or Finance
Work Experience
6 year for M.A. Degree or 8 Years for B.A. Degree with relevant work experience
Required Competence
Basic Computer and knowledge of accounting software
How to Apply
Interested applicants who fulfill the job requirements listed above can submit their application letter, CV’s and testimonials via our e-mail: adminhr@kakiplc.com in person to the company head office at the following address within 10(six) consecutive days.
ADDRESS:
KAKI P.L.C:
Addis Ababa – Ethiopia, Street to Gerji Jackros around Meta Beer Warehouse 350m
on the way to Egziabherab Church in front of mega printing press
For additional information please call us
Tel. No.: +251911515694 or +251911225238 or +2511 667 04 99
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