Senior Cost Accountant

Duties and Responsibilities
 

• Develops and maintains accurate costing systems in relation to labor, production methods and material supply.
   
• Analyzes changes in product design, raw materials, manufacturing methods, or services to determine effects on costs.
   
• Estimates new and proposed product costs as well as product changes.
   
• Analyzes the data collected and logs a detailed record of the results.
   
• Prepares (monthly, quarterly, and annual) cost forecasts.
   
• Analyzes monthly Cost of goods sold (CoGS), Purchase Price Variance (PPV) and Manufacturing variance journal entries.
   
• Analyzes data on material and labor costs to evaluate efficiency and effectiveness.
   
• Reviews standard and actual costs for inaccuracies.
   
• Analyzes changes in product design, raw materials, manufacturing methods, or services provided to determine effects on costs.
   
• Analyzes actual costs and prepares periodic report comparing standard costs to actual costs and recommend cost efficiencies.
   
• Provides finance support on business cases; project cost calculations/quotations for strategic projects with appropriate labor and overhead rates and overall production costs (make/buy, outsourcing/insourcing).
   
• Prepares product cost reports which meet the needs of managers and other employees using the information.
   
• Reconciles general ledger account balances for inventory, material expense and production costing items.
   
• Assists cost related issues in Ad-Hoc projects to improve overall financial process and controls.
   
• Evaluates and updates standard costs on a quarterly basis, which includes the review and analysis of material, direct & indirect labor, and other overhead costs incurred.
   
• Provides input and recommendations for streamline processes and updates of the cost accounting policies and procedures.
   
• Reviews and drives cost reductions, working capital opportunities and manufacturing productivity improvements.
   
• Prepares the monthly cost of sales figures by analyzes expenses such as material, labor, research, and development expenses.
   
• Performs other duties assigned by the immediate supervisor

Job Qualification

• MA or BA Degree in Accounting, Accounting and Finance, Management, Business administration or related fields.
   
• 5 years for BSc/BA
   
• 3 years for MSc/MA

Skills:

• Strong knowledge of cost accounting principles and procedures.
   
• Verbal and written communication skills.
   
• Computer literacy, proficient in Microsoft Word, Excel.
   
• Time management skills
   
• Familiarity with Peachtree accounting or other inventory controlling.
   

• Work experience in coffee processing is more preferable

Requirement Skill

• Account management

How To Apply

Apply in person or email

• In front of Quality Water Development, on the road leading to the Industry Zone, next to the Ethiopian Textile Industry Development Institute.
   
• Email: zewdun@gmail.com