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Monday, November 30, 2015

Specialist, Clearing House


ecx 2

Job Description


VACANCY ANNOUNCEMENT No. 024/2015 (Internal/External) The vision of ECX is to transform the Ethiopian economy by becoming a global commodity market of choice. ECX has a mission to connect all buyers and sellers in an efficient, reliable, and transparent market by harnessing innovation and technology, and based on continuous learning, fairness, and commitment to excellence. The ECX is a unique partnership of market actors, the Members of the Exchange, and its main promoter, the Government of Ethiopia. ECX represents the future of Ethiopia, bringing integrity, security, and efficiency to the market. Specialist, Clearing House With duty station in Addis Ababa Head-Office reporting to Manager, Clearing House you will be responsible to: JOB PURPOSE Manages pay-in, balance and pay-out settlement, emergency settlement process, post settlement adjustment, inter-bank payment transfer. Liaises with settlement banks, Central Depository and Finance on handling fund transfer. Handles enquiries from members, Membership Unit and Member Client Relation Unit DUTIES & RESPONSIBILITIES • Manages clearing process and creates trade accounting entries; • Creates, verifies and authorizes Net Obligations Reports;Orders & staples paper copies of Net Obligation Report; • Records ECX fees and charges on a daily basis; • Creates Post Settlement Adjustments (PSA); • Compiles fees, charges, sport contribution and tax report to Finance; • Compiles electronic tax report to ERCA; • Prepares monthly report to be sent to the Authority; • Compiles PSA status, paid debit note, and outstanding unpaid notes; • Updates clearing House database on a daily basis, the database for PSA and follows up settlement of PSA; • Compiles draft CH monthly report; • Performs other related tasks as assigned by the immediate supervisor.


Required Qualification and Experience • BA/MA Degree in Accounting, Business Administration, Banking and Finance, or related; • B.A. & 5 years of experience OR M.A. & 3 years of experience in banking industry. • Knowledge on Microsoft applications, particularly MS-Excel and MS word; • Knowledge on Ethiopian tax legislation; • Knowledge of Banking industry preferably banking operation;


Closing date: Dec 09, 2015






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How to Apply


All interested and qualified applicants may send a cover letter, updated CV, and important documents via: jobs@ecx.com.et or in hard copy by post with position marked on the envelope: Ethiopia Commodity Exchange, P.O.Box 17341, Addis Ababa


ECX is an equal opportunity employer and encourages applications from suitably qualified female candidates. Only short listed applicants will be contacted.


Job Categories: Accounting and Finance Jobs. Job Types: Full-Time. Job expires in 30 days.


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