Senior Cost and Budget Accountant

  • SARIA Recruitment
  • Addis Ababa, Ethiopia
  • Mar 16, 2023
Full Time Accounting Jobs in Ethiopia

Job Description

Main Responsibility

  • Develop and maintain the budget and cost accounting records, documents, and records of the organization in conformance with legal requirements & accepted accounting principles and standards;
  • Analyze and interpret financial data to identify trends and variances in the budget;
  • Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs;
  • Monitoring unit cost variance and implementing cost standards for materials and labour;
  • Analyze budget - costs and prepare regular reports comparing standard costs to actual production costs;
  • Provide management with reports that specify and compare factors that affect the prices and profitability of products or services;
  • Review standard and actual costs for inaccuracies and perform life cycle cost-benefit analysis;
  • Collect cost information and maintain an expenses database to recommend costs and savings;
  • Prepare and complete internal cost audits and construct data accumulation systems;
  • Determine fixed costs (e.g., salaries, rent and insurance) and record variable costs (e.g., purchases of raw material and operations costs);
  • Reconciling beginning raw materials, work-in-progress and finished-goods stock;
  • Conduct physical inventories and monitor the cycle count program;
  • Prepare and analyze report profit margins and budgeting reports;
  • Prepares monthly, quarterly, and annual budget and cost statements;
  • Determines cost and selling prices of merchandise commodities;
  • Identify and recommend cost-effective solutions;

Skills & Abilities

    • Thorough knowledge of accounting procedures;
    • In-depth understanding of IFRS;
    • Experience with accounting software, and Computer literacy in MS Excel;
    • Excellent analytical skills with an attention to detail;
    • Strong time management and organizational skills;
    • Integrity, with an ability to handle confidential information;

 Academic Qualification

    • BA Degree in Accounting, Finance or a related field, preferably in the manufacturing sector

Experience: 5+ years of experience in the manufacturing/Import-Export sector.

Salary: Attractive and negotiable

Submission:  Interested applicants fulfilling the above requirements can submit their CV and copy of their credentials through our email address  

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