FriEL Ethiopia Farming and processing PLC

Esrael Asrat

Junior Accountant

Junior Accountant

Job Purpose:

The overall task of the Accounting & Finance Intern is Posting and processing journal entries to ensure all business transactions are recorded. Updating accounts receivable and issue invoices. Updating accounts payable and perform reconciliations.

Key Responsibilities:

  • Post and process journal entries to ensure all business transactions are recorded.
  • Update accounts receivable and issue invoices.
  • Update accounts payable and perform reconciliations.
  • Assist in the processing of balance sheets, income statements and other financial statements according to legal and company accounting and financial guidelines.
  • Assist with reviewing of expenses, payroll records etc. as assigned.
  • Update financial data in databases to ensure that information will be accurate and immediately available when needed.
  • Prepare and submit weekly/monthly reports.
  • Assist senior accountants in the preparation of monthly/yearly closings
  • Assist with other accounting projects.
  • Verify, allocate, post and reconcile accounts payable and receivables. 
  • Handle tax reporting; handle bank clearing activities; handle month-end & year-end reports
  • Carry out any clerical activities related to finance and accounting.
  • Analyze financial information and summarize financial status.
  • Spot errors and suggest ways to improve efficiency and recording.
  • Liaise with senior accountants to improve financial procedures.
  • Comply to any other assignments given by immediate supervisor and management.

Job Requirements, Qualifications, Skills, and competence required for the position

  • 1st degree in accounting or Accounting and Finance 
  • Experience is not mandatory but advantageous 
  • Good communication skill

   Deadline: December 16, 2024

  Number of vacancies: 1

   Job location: Addis Ababa

   Call: +251 115 58 20 77 /
                  +251 921 12 13 12

How to Apply

⇒ Click the apply Button & follow the link. or

⇒ Send Your CV to recruitments@fri-el-ethiopia.com

⇒ Attach your application letter, and up-to-date Curriculum Vitae (with credential documents) on/before the application deadline

FriEL Ethiopia is dedicated to diversity and is an equal opportunity employer.

Junior Accountant Read More »

Accountant

Accountant

Job Purpose:

Undertakes and coordinates preparation of book of accounts and cash operations; checks the correctness of payments effected; follows up and controls the timely collection and deposits of cash to the Company account; analyses and registers accounts for payments made by cheque and petty cash payments; prepares journal vouchers; controls the balance of cash and transitory accounts monthly and at the end of each budget year, follows up the timely settlement of government obligations, follows-up and controls collection and disbursement, check records related to debtors and creditors, follow up insurance cases.

Key Responsibilities:

  • Undertakes and coordinates preparation of book of accounts and cash operations;
  • Accomplishes the preparation of journal vouchers for all payments, sales and all collections.
  • Checks the correctness of payments effected and registers their account codes and accounts and then prepares journal voucher at end of the month.
  • Follows-up, and controls the timely collection and deposits of cash to the Company’s account which are obtained from the sale of farm products and other sources and prepares journal voucher at the end of the month.
  • Analyses registers account codes for petty cash, payments and prepares journal voucher.
  • Analyses, registers accounts with their titles for payments made by cheque and prepares the journal voucher.
  • Follows-up and controls the balance of cash and transitory accounts monthly and at the end of each budget year depending on the situation and prepares correction as necessary.
  • Follows-up and controls collection and payments of government obligations.
  • Guides and assists Junior Accountants in problem areas.
  • Compiles data for activity report preparation.
  • Prepares and submits activity reports of the unit
  • Performs such other related duties as may be assigned by the immediate supervisor.

Job Requirements, Qualifications, Skills, and competence required for the position

  • 1st degree in accounting or Accounting and Finance 
  • 2 years relevant Experience 
  • Ability to use Accounting Software 
  • Good communication skill

   Deadline: December 16, 2024

  Number of vacancies: 1

   Job location: Addis Ababa

   Call: +251 115 58 20 77 /
                  +251 921 12 13 12

How to Apply

⇒ Click the apply Button & follow the link. or

⇒ Send Your CV to recruitments@fri-el-ethiopia.com

⇒ Attach your application letter, and up-to-date Curriculum Vitae (with credential documents) on/before the application deadline

FriEL Ethiopia is dedicated to diversity and is an equal opportunity employer.

Accountant Read More »

Revolutionizing Banana Supply Chains: The Evolution to Efficiency with Cableway Transportation

Bananas are one of the most popular fruits in the world, and they are grown in tropical and subtropical climates all over the globe. However, transporting bananas from the farms where they are grown to the markets where they are sold can be a challenge. This is especially true in developing countries, where roads and infrastructure may be limited.
One sustainable and efficient way to transport bananas is by cableway. Cableway systems use a network of cables and pulleys to move bananas from the farms to collection points or packinghouses. This method of transportation is much more efficient than using trucks or other vehicles, as it can carry more bananas at once and does not require roads or bridges.
Cableway systems are also much more sustainable than other methods of transportation, as they produce no emissions and require very little energy to operate. This makes them a good choice for banana producers who are looking to reduce their environmental impact.

Benefits of using cableway banana transportation

  • Sustainability: Cableway systems produce no emissions and require very little energy to operate. This makes them a good choice for banana producers who are looking to reduce their environmental impact.
  • Efficiency: Cableway systems can carry more bananas at once than trucks or other vehicles. This can save producers time and money on transportation costs.
  • Safety: Bananas are transported in specially designed trolleys that are suspended from the cables. This ensures that the bananas are not damaged during transport, and it also protects workers from injury.
  • Scalability: Cableway systems can be scaled up or down to meet the needs of any banana producer. This makes them a flexible and cost-effective solution for transporting bananas.

Traditionally, transporting bananas has been a manual and resource-intensive process, relying on vehicles that navigate uneven roads and uncertain weather conditions. But now, enter the cableway system—a modern marvel that utilizes a network of cables and pulleys to elegantly move bananas from their cultivation sites to designated collection points or packinghouses. This transition represents a leap into a new era, replacing the cumbersome and inefficient methods of the past with a streamlined and environmentally conscious approach.

IMG-20210417-WA0018

FriEL Ethiopia is a leading company in the banana industry in Ethiopia. The company is committed to using sustainable farming practices and innovative technology to produce high-quality bananas that are safe for consumers. The cableway banana transportation technology is a major step forward for the company, and it will help FriEL Ethiopia to continue to grow and succeed in the years to come.

Revolutionizing Banana Supply Chains: The Evolution to Efficiency with Cableway Transportation Read More »

Donation for Meal Sharing (የማዕድ መጋራት) program for the New Year

In response to the Addis Ababa City Mayor’s Office’s commendable initiative aimed at aiding lower-income households during the Ethiopian New Year, FriEL Ethiopia has taken a meaningful step by contributing a substantial amount of birr 50,000. This generous donation has been directed to the administration of Kirkos subcity woreda 02, with the purpose of invigorating community morale and fostering a sense of togetherness. The funds will be utilized to facilitate the engagement of the local residents in a heartwarming meal-sharing (የማዕድ ማጋራት) program, thoughtfully organized to commemorate the holiday season.

Donation for Meal Sharing (የማዕድ መጋራት) program for the New Year Read More »

Innovators’ Incubation and Acceleration (IIA) Program

Innovators’ Incubation And Acceleration (IIA) Program Details

Contents of the IIA program

Each incubation, acceleration or scaling program is built out of different modules that address the most important needs of the specific group of innovators or companies. Here is a complete overview of the kind of support that will be provided at each stage.

Incubation Modules

Scaling Modules

As each venture takes a different approach and faces different challenges when scaling, we take a holistic, non-prescriptive approach and provide support that is largely tailored to each venture’s needs. The scaling process generally includes six steps.

Market exploration and penetration

We support scaling ventures in market exploration and penetration via trade missions, connections to key advisors and partners in the target markets and by providing access to various forms of financing and/or distribution channels of large corporates.

We believe that the launching of this program will help to improve the commercialization and modernization of agriculture, and the development of an indigenous agribusiness sector while imparting youth with relevant experience and skills. Applications to the next cohort of the IIA program will be announced on our website once they are open.

Innovators’ Incubation and Acceleration (IIA) Program Read More »