The Cost Accountant will play a key Duties & Responsibilities:

Duties & Responsibilities:

Cost Accounting, Recording & Reporting

• Maintain detailed cost records for raw materials, labour, utilities, and overheads.

• Develop cost sheets for production lines and ensure accurate allocation of costs.

• Prepare monthly cost of goods manufactured (COGM) and cost of goods sold (COGS) reports.

• Record transactions on company ERP system 

Standard Costing & Variance Analysis

•  Establish standard costs and conduct regular variance analysis (material, labour, overheads).

•  Support management with insights into production efficiency.

Budgeting & Forecasting

•  Assist in preparation of annual and quarterly budgets.

•  Prepare rolling cost forecasts and budget-to-actual variance reports.

• Support scenario analysis on raw material and production cost changes.

Inventory & Stock Management

• Monitor and reconcile raw material and finished goods inventory.

• Supervise physical stock counts and report variances.

•  Ensure proper valuation of stock in line with company policy.

Cost Control & Reduction

• Identify areas of inefficiency and recommend cost-saving measures.

• Track utility and maintenance costs per unit of production.

• Work with procurement to minimize material costs, wastage smooth production process.

Pricing & Product Costing

• Calculate unit production costs for different products and packaging.

• Provide accurate cost data for pricing decisions and tenders.

• Analyze profitability by product line and recommend adjustments.

Compliance & Internal Auditing

• Ensure compliance with IFRS, Ethiopian tax laws, and company policies.

• Support internal and external audits with cost-related reports.

• Maintain a strong internal control system for cost accounting.

Reporting & Collaboration

• Prepare periodic cost reports for management.

• Work with production, quality, procurement, and HR teams to capture accurate cost data.

• Present cost analysis for management decisions and strategic planning.

Job Requirements

Qualifications & Requirements

• BA degree in Accounting, Finance, or related field (Master’s is an advantage).

• 3–6 years of proven experience in cost accounting in a manufacturing environment.

• Experience in edible oil or FMCG industries preferred.

• Strong knowledge of standard costing, variance analysis, and inventory valuation.

• Proficiency in accounting software/ERP systems (Microsoft Business Central and advanced Excel skills.

• Familiarity with Ethiopian tax laws and IFRS standards.

• Excellent analytical, problem-solving, and communication skills.

• Ability to work under pressure and meet deadlines.

• High level of integrity and attention to detail.

How To Apply

Apply Now
Use the link below to submit your application: [THIS LINK]

What to Submit:

• Your resume

• A short application letter

No need to include educational credentials or work certificates at this stage.

We’re excited to hear from you—keep it simple and let your experience speak for itself!