Accounts Receivable / Accounts Payable (AR/AP) Officer

This role is ideal for finance professionals who want to combine technical accounting skills with the fast‑moving world of electronics manufacturing. At Industry Five, you won’t just be processing invoices—you’ll be managing cash flow for one of Ethiopia’s most innovative tech companies. If you’re detail‑oriented, thrive under deadlines, and want to grow in a dynamic manufacturing environment, this position offers both challenge and opportunity.

Accounts Receivable / Accounts Payable (AR/AP) Officer – Industry Five

Location: Addis Ababa, Ethiopia (Onsite)
Arrangement: Full‑time
Application Link: Apply Here

About Industry Five

Industry Five is a vertically integrated electronics manufacturing company headquartered in Addis Ababa. We design, assemble, and quality‑assure advanced electronic devices for enterprise, government, and consumer brand clients across East Africa. With ISO‑aligned processes and in‑country facilities, we deliver end‑to‑end contract manufacturing services—from prototyping to high‑volume production.

Role Purpose

The AR/AP Officer manages accounts receivable and accounts payable functions, ensuring accurate recording, timely billing, collections, supplier payments, and compliance with company policies, tax regulations, and accounting standards. This role is critical to supporting cash flow management in a manufacturing business with both local and foreign suppliers.

Key Responsibilities

Accounts Receivable (AR)

• Prepare, issue, and record customer invoices.
• Ensure timely collection of receivables and follow up on outstanding balances.
• Maintain accurate customer ledgers and reconcile AR balances.
• Monitor credit terms and customer aging; prepare AR aging reports.
• Support cash flow forecasting with receivables data.
• Ensure revenue recognition aligned with IFRS 15.

Accounts Payable (AP)

• Review, verify, and process supplier invoices.
• Ensure timely payment of local and foreign suppliers.
• Maintain vendor master data and supplier ledgers.
• Reconcile supplier statements and resolve discrepancies.
• Coordinate with procurement and warehouse teams to match invoices with GRNs and POs.
• Support LC payments, customs duties, freight, and import costs.

Reporting & Reconciliation

• Prepare AR/AP schedules and management reports.
• Perform monthly reconciliations of AR, AP, advances, and clearing accounts.
• Assist in month‑end and year‑end closing activities.
• Support audits with required documentation.

Compliance & Controls

• Ensure compliance with company policies, VAT, withholding tax, and IFRS.
• Maintain proper documentation of invoices, contracts, and payments.
• Support implementation of internal controls over receivables and payables.

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, or related field.
• 2–4 years of AR/AP experience, preferably in manufacturing or import‑driven businesses.
• Experience with ERP/accounting systems.
• Knowledge of VAT, withholding tax, and IFRS concepts.

Skills & Competencies

• Strong attention to detail and accuracy.
• Good understanding of cash flow management.
• Strong reconciliation and analytical skills.
• Ability to manage multiple deadlines.
• Good communication and coordination skills.
• Proficiency in Microsoft Excel and accounting software.

Key Performance Indicators (KPIs)

• Timeliness and accuracy of AR collections and AP payments.
• Reduction in overdue receivables and unresolved supplier balances.
• Accuracy of reconciliations and reports.
• Compliance with internal controls and audit requirements.

Benefits

• Comprehensive health insurance.
• Fast‑paced environment fostering technical skill development and career growth.
• Opportunity to work at the forefront of African manufacturing excellence.
• Supportive team culture promoting work‑life balance.

Why Join Industry Five?

Industry Five isn’t just another employer—it’s a pioneer in Ethiopia’s electronics manufacturing sector. Joining the team means:

• Be part of Africa’s tech future: Work at the forefront of local laptop and electronics production.
• Grow with a fast‑paced environment: Gain exposure to advanced manufacturing and financial systems.
• Impact beyond the numbers: Your AR/AP work directly supports cash flow, supplier relationships, and strategic growth.
• Inclusive and supportive culture: Industry Five values diversity, equity, and inclusion, ensuring every team member thrives.
• Commitment to excellence: You’ll be part of a company that prizes quality, reliability, and innovation.

👉 Apply Now: Submit your application here