About This Role
This role is about more than number-crunching—it’s about building financial discipline in a fast-growing manufacturing startup that’s pioneering a new product category in Ethiopia. Lyte Investment is a local manufacturer stepping in to replace imports, so the Senior Accountant will be expected to establish robust financial controls from the ground up. It suits an experienced accountant who is comfortable working in a lean, hands-on environment where you’ll not only report numbers but also shape how those numbers are tracked and verified.
What the Requirements Say About This Role
The implied profile is someone who has already mastered the fundamentals of general accounting and tax compliance in a structured organization, and is now ready to take ownership of an entire function. The emphasis on “improvement of accounting processes” suggests Lyte needs a problem-solver—not just a processor. They’re likely looking for a candidate who has experience moving a company from manual or fragmented bookkeeping to more systematic, audit-ready practices.
How to Approach This Application
Focus your application on specific examples where you have streamlined accounting workflows or introduced new controls in a previous role. Since Lyte is a manufacturer and the first local producer in its niche, highlight any experience with cost accounting, inventory valuation, or import/export tax regimes in Ethiopia. Show that you understand the regulatory landscape for manufacturing companies, especially around VAT and withholding tax, and that you can lead a small team without needing constant supervision.
Who This Role Suits
This role is best suited for a senior accountant who thrives in a high-responsibility, low-bureaucracy setting and wants to shape financial operations rather than just maintain them. It is likely moderately competitive—attractive because of the company’s growth trajectory, but requiring a specific blend of manufacturing experience and leadership readiness.
About Lyte Investment PLC
Lyte Investment plc is an Ethiopian-based manufacturing and investment company established to address the growing demand for scientifically formulated hydration and electrolyte solutions in Ethiopia and the wider East African market.
We are the first and only local manufacturer of electrolyte drink powder in Ethiopia, proudly contributing to import substitution, local value creation, and improved public health through reliable hydration products.
Position Summary
The Senior Accountant will oversee the general accounting functions, ensuring the accuracy of financial statements, compliance with regulations, and the improvement of accounting processes. This role requires a seasoned professional with deep expertise in financial reporting, tax compliance, and team leadership within a dynamic industrial environment.
Key Responsibilities
Financial Reporting & Analysis
Prepare and analyze monthly, quarterly, and annual financial statements in accordance with IFRS.
Manage the general ledger, ensuring all transactions are recorded accurately and timely.
Conduct detailed variance analysis to explain budget vs. actual results for management.
Coordinate the timely completion of the month-end and year-end closing processes.
Compliance & Tax Management
Ensure full compliance with local tax laws, including VAT, Withholding, Profit Tax, and Pension remittances.
Prepare and file all statutory reports to the Ministry of Revenues and other regulatory bodies.
Liaise with external auditors and tax auditors during audits and inspections, providing necessary documentation.
Stay updated on changes in financial regulations and communicate their impact to management.
Internal Controls & Process Improvement
Evaluate and strengthen internal controls over financial reporting and cash management.
Supervise and review the work of junior accountants to ensure accuracy.
Develop and document accounting policies and procedures to enhance efficiency.
Location: Hayat Square , Addis Ababa , Ethiopia
Position Type: Full-Time
Salary & Benefits: Negotiation
Qualifications & Requirements
Education & Certification
Bachelor's degree in Accounting, Finance, or related field (Master’s degree is a plus).
Professional certification (CPA, ACCA, or equivalent) is highly preferred.
Experience
Minimum 10-15 years of progressive experience in accounting and finance.
At least 5 years of experience in a supervisory or senior role.
Extensive experience in similar role in a Hotel or Restaurant is mandatory.
Skills & Competencies
Expert knowledge of IFRS and Ethiopian tax regulations.
Proven ability to manage full-cycle accounting and financial reporting.
High proficiency in accounting software (e.g., Peachtree/Sage, QuickBooks) and advanced MS Excel skills.
Strong analytical, problem-solving, and organizational abilities.
Excellent communication and interpersonal skills for cross-departmental collaboration.
High level of integrity, ethical standards, and attention to detail.
Requirement Skill
Communication
Problem solving
How To Apply
In Person: Submit your CV to our Head Office located In front of Hayat Square near to HIllbotom Recreation center
Via Email: Send your CV to [email protected]. Please use the subject line: "Senior Accountant Application".
Application Deadline: May 24, 2026
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Senior Accountant
Lyte Investment PLC