Ethiopian Commodity Exchange
Senior Specialist, Legal Service and Enforcement
VACANCY ANNOUNCEMENT No.15-2024/2025
(External)
The vision of ECX is to become a leading and dynamic African Exchange of choice. ECX has a mission to provide a modern, efficient, transparent, and reliable market platform and warehousing service through the adaptation of technology, excellence in innovation, and integrity. 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. ECX would like to promote motivated and qualified applicants for the following positions.
- Position Title: Senior Specialist, Legal Service and Enforcement
Job Grade: – 09
Duty Station: – Addis Ababa/Head Office
Availability: – As soon as possible
Job Purpose:- The purpose of this position is to assist the Manager in the divisional operation; provide legal advice to the management and functional units on administrative issues, agreements, negotiations and working manuals, labor relations; defend the right of the Exchange before court of law, different judicial or administrative organ; review and incorporate inputs on drafted operational and administrative policies, procedures, rules and regulations designed by different functional units from legal perspective and ensure its alignment; participate in the development of annual divisional plans and ensures its implementation; produce periodic reports.
SUMMARY OF MAJOR DUTIES AND RESPONSIBILITIES
- Participates in the development and revision of policies, procedures, and manuals of the Division;
- Conducts research and analysis regarding laws applicable to the Exchange to identify issues that need the introduction of new rules or amendment of the Rules; drafts Rules of the Exchange, operational contracts, and presents them to appropriate bodies for approval;
- Provides legal consultations, comments, advice, and interpretation on issues related to the Rules of the Exchange and other pertinent laws applicable to the Exchange operation to different Departments/Divisions of the Exchange.
- Engages in the development of strategy, arguments, and testimonies in preparation for presentation of case before courts of law or other judicial or quasi-judicial institutions;
- Gathers all necessary evidence to formulate a defense or to initiate legal action to defend the interests of the Exchange;
- Prepares responses to requests made by courts and law enforcement agencies;
- Prepares recommendations on action to be taken on legal issues that concern the Exchange to prevent or avoid unnecessary litigation and minimize cost and risks;
- Provides day-to-day legal advice and interpretations on administrative and operational issues as requested by the respective functional units of the Exchange;
- Oversees compliance with relevant laws and rules of the Exchange; follows up enforcement of the BCC disciplinary measures and reviews and forwards the reports to the Secretary of the BCC;
- Prepares investigation reports regarding rule violations and prepares responses to appeals made by members, clients of intermediary members, or floor representatives.
- Facilitates the awareness creation programs to members, employees of the Exchange, and other stakeholders concerning the Rules of the Exchange and other pertinent laws applicable to the Exchange;
- Reviews internal agreements and procedures, including those between warehouse operators, clearing institutions, members, and clients, to determine legality and compatibility with rules and regulations governing the Exchange;
- Prepares periodic reports concerning the activities of the Division; and
- Performs other duties assigned by the immediate supervisor.
- LLM/LLB
- 4/6 years relevant work experience in the judiciary, prosecution, and legal advisory field
All interested and qualified applicants may send a cover/application letter and updated CV with relevant documents via:
https://docs.google.com/forms/d/13HoNSdoY4VYydv4LEO5dnTVk2G7sTZEyA2ytynjxOdI/edit
On or before May 27, 2025.
Associate-General Accounts
- Position:- Associate-General Accounts
Job Grade: – 6
Duty Station: – Head Office
Availability: – As soon as possible
Job Purpose: – The purpose of this job is to check the accuracy of all payments and collection documents received from TBD daily; assist in the timely recording of financial transactions and ascertain the accuracy of financial as well as accounting documents in line with ECX’s financial policies and procedures; check and post all payments and collections are coded and posted in line with the accounting procedure manual using the accounting system; assist the Division in the preparation of periodic financial reports and duly reconcile Debtors and Creditors account by preparing statement of accounts and produce periodic reports.
SUMMARY OF MAJOR DUTIES AND RESPONSIBILITIES
- Checks the accuracy of all payments and collection documents received daily;
- Prepares monthly schedules for settlement of employee income tax, withholding tax, VAT, and other government taxes under the tax authority’s format;
- Assists in the maintenance of the Fixed Asset Register.
- Actively participate in the reconciliation of Debtors’ and Creditors’ accounts by preparing a statement of accounts;
- Actively participates in the preparation of account schedules and journal vouchers for depreciation, amortization, and insurance expenses;
- Ensures follow-up on the collection of Stock Issuance Vouchers (SIV) from the Property Admin Division for regular coding and posting. Prepares monthly bank reconciliation for all Corporate, Saving, settlement, and Security Guarantee Fund accounts with books of accounts and mandate files for all long outstanding receivable and payable items;
- Assists in closing of accounts at the end of the fiscal year for the submission of draft accounts reports;
- Undertakes timely reconciliation of stock account with the annual count report jointly with the Property Admin team;
- Prepares and posts monthly journal vouchers;
- Follows up/monitors and reconciles subsidiary ledgers;
- Timely and properly file all financial documents and reports;
- Assists with monthly, quarterly, and annual interim financial statements preparation;
- Closely support internal and external auditors during financial audit work;
- Delivers all services and reports within agreed SLAs;
- Closely works with the Treasury and Budget Division staff;
- Performs other duties assigned by the immediate supervisor.
- BA in Accounting, Finance, or a related field
- 2 years of relevant experience in accounting, financial analysis or related areas
- Certificate in Accounting Software and MS Office
All interested and qualified applicants may send a cover/application letter and updated CV with relevant documents via:
https://docs.google.com/forms/d/13HoNSdoY4VYydv4LEO5dnTVk2G7sTZEyA2ytynjxOdI/edit
On or before May 27, 2025.
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