Cost & Budget Division Head

KAKI PLC is an official dealer and assembler of ISUZU vehicle in Ethiopia. It is also engaged in different business lines including import, export, metal fabrication, after sales services, and cargo freight transport operations. The company wishes to employ a qualified professional for the Cost & Budget Division Head position.

General Duties and Responsibilities:

Responsible for effectively planning and controlling the costs and budgets involved in the business operations of the company; ensure that costs for the company’s products and services are allocated according to company procedures and in compliance with financial accounting standards, and gather historical data – materials, labor, depreciation operating expenses etc. – to compare budgets with actual expenses.

Specific Duties and Responsibilities:

• Design effective budgeting policies and procedures, and budget models for the entire company.

• Participate in the preparation of annual budget and manage its effective implementation.

• Ensure that Business units and department managers meet budget submission deadlines.

• Provide assistance to the organization in preparing budget process by encouraging the budget holders to submit budgets at the expected time.

• Review the company’s budget for compliance with legal regulations.

• Review, compile and present annual budget requests for approval by the Manager Financial Operations.

• Prepare the company’s monthly budget utilization and performance report, analyses variances and recommend corrective actions.

• Analyze trends and actual budget performance and forecast future budget needs.

• Suggest strategies to reduce unnecessary expenses and costs to increase profit.

• Implement appropriate costing system for all purchased goods and other operations according to the cost accounting manual of the company.

• Conduct monthly cost forecasts and ensure all targets are met within specified time.

• Ensure that there is accurate recording of expenditure in the appropriate journals and ledgers.

• Apportion costs among multiple units of production and open an account for such costs according to the cost accounting manual of the company.

• Prepare estimates of costs for unique products in order to establish prices of products and to forecast production.

• Devise, and regulate procedures for establishing unit cost of services and products.

• Conduct employee performance appraisal periodically to evaluate how well employees have completed their duty and to take any needful action accordingly.

• Prepare periodical reports for submission to the Manager Financial Operations.

Required Number           :  1(One) 

Qualification                    :  BA Degree or MA Degree in Finance and Accounting 

Work Experience            :  8 years for BA Degree graduate, and 6 years for MA Degree graduate in relevant role

Required Competence    : 

• Advanced skill in accounts management and strong analytical skills

• Outstanding knowledge and understanding of IFRS and other relevant laws

• Knowledge of enterprise resource planning software (ERP)

• Computer skill, communication skills, English language proficiency

How To Apply

Interested applicants who fulfill the job requirements listed above can submit their application letter, CV’s and testimonials via our e-mail: adminhr@kakiplc.com in person to the company head office at the following address. 

ADDRESS:

KAKI P.L.C:

Addis Ababa – Ethiopia, Street to Gerji Jackros on the way to Egziabherab Church in front of mega printing press

For additional information please call us 

Tel. No.: +251911515694