Senior Accountant

Lyte Investment PLC

Addis Ababa, Ethiopia Permanent

Published 1 month ago · Expires 4 weeks from now

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Job description

This position offers a great opportunity for career growth. About Lyte Investment PLCLyte Investment plc is an Ethiopian-based manufacturing and investment company established to address the growing demand for scientifically formulated hydration and electrolyte solutions in Ethiopia and the wider East African market.We are the first and only local manufacturer of electrolyte drink powder in Ethiopia, proudly contributing to import substitution, local value creation, and improved public health through reliable hydration products.Position SummaryThe Senior Accountant will oversee the general accounting functions, ensuring the accuracy of financial statements, compliance with regulations, and the improvement of accounting processes. This role requires a seasoned professional with deep expertise in financial reporting, tax compliance, and team leadership within a dynamic industrial environment.Key ResponsibilitiesFinancial Reporting & AnalysisPrepare and analyze monthly, quarterly, and annual financial statements in accordance with IFRS.Manage the general ledger, ensuring all transactions are recorded accurately and timely.Conduct detailed variance analysis to explain budget vs. actual results for management.Coordinate the timely completion of the month-end and year-end closing processes.Compliance & Tax ManagementEnsure full compliance with local tax laws, including VAT, Withholding, Profit Tax, and Pension remittances.Prepare and file all statutory reports to the Ministry of Revenues and other regulatory bodies.Liaise with external auditors and tax auditors during audits and inspections, providing necessary documentation.Stay updated on changes in financial regulations and communicate their impact to management.Internal Controls & Process ImprovementEvaluate and strengthen internal controls over financial reporting and cash management.Supervise and review the work of junior accountants to ensure accuracy.Develop and document accounting policies and procedures to enhance efficiency.Salary & Benefits: NegotiationLocation: Hayat  Square , Addis Ababa , EthiopiaPosition Type: Full-Time

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