The Pharo Foundation's commercial, for-profit division, Pharo Ventures, was established to invest in businesses in a range of East African industries to capitalize on the strength of a thriving private sector. Building and expanding commercially and environmentally sustainable firms is the goal, emphasizing maximizing the creation of jobs and economic value for the local communities.
To assist our Credit Services team in tracking down and collecting payments for laboratory and clinical services rendered to clients, we seek an enthusiastic and meticulous intern. With an emphasis on credit sales collections, this intern offers practical experience in financial paperwork, client relations, and credit management in a healthcare or laboratory services setting.
The difficulty: From a macroeconomic perspective, Ethiopia has low competitiveness, which impedes the growth of manufacturing, job creation, and exports. Ethiopia has a significant competitive edge in the agricultural sector, but value addition and manufacturing are constrained by a difficult business climate and a lack of essential infrastructure. Among other things, this disparity restricts the private sector's capacity to expand and compete, which impedes the potential for exports and job development.
Our response: For the private sector to function as a self-sustaining engine of Ethiopian growth, it is necessary to dynamize it from the bottom up to overcome these contextual barriers. Pharo Ventures carried out a high-level evaluation of the possible opportunities in five Ethiopian sub-sectors, concentrating on the potential for significant value addition and employment development. The company ultimately decided to launch its first venture in specialty oil processing. According to this viewpoint, Pharo Ventures started construction on a processing plant at Debre Birhan in the middle of July 2023. It is anticipated that the facility will open in the second quarter of 2024.
Position: Accounting Intern
Conditions:
Currently working toward a degree or diploma in business administration, accounting, finance, or a similar discipline.
Excellent interpersonal and
communication abilities.
Expertise in basic accounting software, including Microsoft Excel.
Excellent multitasking skills and attention to detail.
A proactive mindset and a desire to learn.
Principal Duties:
Send client companies the PDCS financial credit service bills along with the accompanying documentation, and obtain confirmation (a stamp and signature) that the documents were received.
Monitor and pursue unpaid invoices from business customers.; Discuss delinquent invoices with clients over the phone and via email; Keep thorough records of all correspondence and payment progress; Help with account reconciliations and aging reports; Work together with the PDCS and finance teams to address billing concerns; Encourage the enhancement of procedures for credit collection; Gather the money, check, bank deposit slip, etc; Make sure internal credit policies and procedures are followed; Create frequent reports on the collections of credit service payments; File all credit service documentation correctly; Deliver bank transfers and gather pertinent paperwork, including deposit slips; Arrange and preserve PDET's financial records; Arranges client meetings as required.
Preferred Requirements:
Prior job experience or education in
accounts receivable or credit control.
It is advantageous to be familiar with ERP systems, such as BC and Q-Afya.
What You Stand to Gain:
Real-world expertise in financial operations
and credit services.
Being able to communicate professionally with corporate clients.
Guidance from seasoned financial experts.
A completion certificate and the possibility of future job openings.
Where:
Addis Ababa
Last day: May 31, 2025
How To Apply
A thorough resume.Cover letter: In your cover letter, explain why you are interested in the position and how you learned about it, such as via our website, a job board, etc.
A current list of at least three referees that includes their names, titles, phone numbers, and email addresses.
An essay of no more than 500 words that highlights your experiences that make you the best person for the job.
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