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Position Title: Sr. Cost Accountant
Employer: Horra Trading
Employment: Full-Time | Permanent
Place of Work: Horra Corporate Group Head Quarter, Addis Ababa - Ethiopia
Salary: Attractive
Posted date: 3 months ago
Deadline: Submission date is over
Job Summary
To support sustainable and profitable growth of the Company and enhance operational decision-making by preparing insightful, timely, accurate, and relevant cost analysis and reports.
Required Headcount: 1
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 reports 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 the fixed asset register of the Company.
- Record journal entries, maintain fixed asset registers, and reconcile stock and asset counts with accounting records.
Qualifications
- Bachelor’s degree in accounting and finance or accounting.
- A minimum of 6 (six) years of demonstrated work experience.
- Solid understanding of Cost Accounting.
- Experience of working in the manufacturing sector. Work experience in a propylene technology or textile sector is highly preferred.
- Excellent communication skills.
