Direct Reports to: Finance Manager

Company: My Hello Communications Plc

Location: Addis Ababa, Ayat

Deadline: 20 Days

Application Email: Vacancy@myhellocommunications.com

Job Summary: Account Controllermanage and control Mella accounts, M-Pesa accounts, and oversees internal controls.

Responsibilities:

Inventory & Stock Management

• Inventory Assessment: Conduct regular evaluations of obsolete stock and provide monthly decision-support reports.

• Physical Reconciliation: Oversee the reconciliation of physical stock counts against ledger records, reporting findings monthly.

• Monthly Audits: Ensure comprehensive monthly stock counts are completed and reported to the Finance Department by the 4th of the following month.

Financial Reconciliation & Revenue Assurance

• Synchronize all Bank, M-Pesa, and Safaricom Dealer account transactions with the general ledger.

• Perform regular audits to match earned revenue against actual cash collections for every item/service across all branches.

• Reconcile revenue earned during discount periods with corresponding cash collections per branch.

• Monitor and reconcile M-Pesa Working, Merchant, dealer account and Float accounts across branches and head office to ensure books are accurate.

• Track and reconcile the Safaricom Dealer account to maintain financial accuracy.

• Supervise and maintain internal control systems for all M-Pesa and Mella transactions.

Sales Incentives & Commission Management

• Oversee the accurate and timely distribution of commissions to the sales team through branch or head office channels to the right beneficiary.

• Audit and reconcile all incoming supplier incentives and outgoing sales team commissions.

General Financial Oversight & Administration

• Monitor Accounts Receivable and Payable to ensure timely collections and maintain healthy cash flow.

• Enforce rigorous filing and documentation standards for every financial transaction.

• Execute additional financial tasks and projects as directed by the Finance Manager.

Reports

Daily Reports:

• Daily Bank & M-Pesa Reconciliation: Summary of matches between the M-Pesa platform, bank statements, and agent accounts.

• Transaction Shortage or overage Alert: Immediate report of any fee discrepancies in transfer, Buy Goods, or Withdrawal transactions.

• Weekly Reports

• Branch Float Report: Current status of M-Pesa Working, Merchant, and Float accounts across all branches.

• Revenue vs. Cash Collection Summary: Comparison of revenue earned against actual cash collected per branch for the week.

• Safaricom Dealer Account Reconciliation: Weekly status of the dealer account matched to the ledger.

• Monthly Reports

• Inventory Cycle Count Results: Report on the week’s physical stock counts vs. book records and any identified variances.

• Monthly Stock Aging & Obsolescence Report: Detailed assessment of "dead stock" with recommendations for write-offs or disposal.

• Incentive & Commission Payroll: Final calculation of sales force commissions and a summary of disbursements made by branches vs. head office.

• Transaction Flow Audit: A comprehensive "leakage" report identifying total missed fees or system errors for the month.

• Internal Control Compliance Report: A summary of file documentation completeness and any breaches in Mella/M-Pesa transaction protocols.

• Full Ledger Reconciliation: Final month-end matching of all bank, M-Pesa, and Safaricom accounts to the general ledger.

• Ad-Hoc Reports

• Assigned Task Updates: Progress reports on specific activities requested by the Finance Manager.

Job Requirements

Educational Background:

• Bachelor’s degree in Accounting, Finance, or a related field (required).

• Master’s degree in Accounting or an MBA with a focus on finance (preferred). 

Job Requirement 

• Minimum of 5 years of accounting experience, preferably in a Telecommunication Industry.

• Analytical Skills: Ability to analyze financial data and prepare financial reports, statements, and forecasts.

• Attention to Detail: Meticulous attention to detail and accuracy in financial documentation and reporting.

• Communication Skills: Excellent verbal and written communication skills; ability to present financial information clearly too non-financial stakeholders.

• Team Collaboration: Proven ability to work collaboratively within a team and across departments.

• Problem-Solving: Strong problem-solving skills with a proactive approach to identifying issues and implementing solutions.

• Compliance Knowledge: Familiarity with tax regulations and compliance requirements.

How To Apply

Deadline: 20 Days

Application Email: Vacancy@myhellocommunications.com

Job Requirements Bachelor’s degree or Master’s degree in Accounting, Finance, or a related field of study with relevant work experience out of with Minimum of 5 years of accounting experience, preferably in a Telecommunication Industry. How to Apply Interested applicants can submit their CV and relevant documents through the provided e-mail