Purpose of the Job:
To support sustainable and profitable growth of the Company and enhance operational decision making by preparing insightful, timely accurate and relevant cost analysis and report.
Main Duties and Responsibilities:
• Prepare and analyze monthly Cost of goods sold (CoGS), Purchase Price Variance (PPV) and Manufacturing variance journal entries.
• Calculate and analyze the excess and obsolete inventory reserve and report to the management.
• Collect and analyze data on material and labor costs to evaluate efficiency and effectiveness.
• Conduct analysis on sourcing costs of all the business and prepare a report for the management.
• Analyze changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.
• Analyze actual costs and prepare periodic report comparing standard costs to actual costs and recommend cost efficiencies.
• Compile cost information to be used in operating and budget preparation and expenditure controlling.
• Make estimates of new and proposed product or service costs.
• Provide management with reports specifying and comparing factors affecting prices and profitability of products and services.
• Prepare cost-benefit analyses and make recommendations regarding the acquisition or sales of capital expenditures.
• Follow up the periodic and proper recording and updating of fixed asset register of the Company.
Job Qualifications
· Education Qualification: Bachelor’s degree in accounting and finance or accounting.
· Work Experience: A minimum of 4 (years) years of demonstrated work experience.
· Solid understanding of Cost Accounting.
· Experience of working in manufacturing sector. Work experience in a propylene technology or textile sector is highly preferred.
· Excellent communication skills.
· Fluency in Amharic and English, written and verbal is highly required.
· Female candidates are highly encouraged to apply.