Job Detail

Job Position: Senior Cost and Budget Accountant


Employment type: Permanent

Posted date: 2025-04-15

Deadline date: 2025-05-05

Recruiter: Saria Consultancy

Job Location: Addis Ababa

Category: Accounting and Finance

Current Salary: Negotiable

Career Level: Middle Level

Job Summary:

We are seeking a highly analytical and detail-oriented Senior Cost and Budget Accountant to join our finance team. The ideal candidate will be responsible for overseeing cost analysis, budgeting processes, and financial planning activities. This role plays a critical part in guiding business decisions by preparing accurate cost reports, analyzing variances, and ensuring budgetary control across departments. 

Duties and Responsibilities

  • Develop and maintain the budget and cost accounting records, documents, and records of the organization in conformance with legal requirements & accepted accounting principles and standards;
  • Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs;
  • Monitoring unit cost variance and implementing cost standards for materials and labor;
  • Conduct cost-budget analysis and prepare regular reports comparing standard costs to actual production costs;
  • Manage and comply with tax filings and government reporting requirements;
  • Provide management with reports that specify and compare factors that affect the prices and profitability of products or services;
  • Review standard and actual costs for inaccuracies and perform life cycle cost-benefit analysis;
  • Collect cost information and maintain an expenses database to recommend costs and savings;
  • Prepare and complete internal cost audits and construct data accumulation systems;
  • Determine fixed costs (e.g., salaries, rent and insurance) and record variable costs (e.g., purchases of raw material and operations costs);
  • Reconciling beginning raw materials, work-in-progress and finished-goods stock;
  • Conduct physical inventories and monitor the cycle count program;
  • Prepare and analyze report profit margins and budgeting reports;
  • Prepares monthly, quarterly, and annual budget and cost statements;
  • Identify and recommend cost-effective solutions;

Requirements

Skills & Abilities

  • Thorough knowledge of accounting procedures;
  • In-depth understanding of IFRS;
  • Experience with accounting software and MS Office;
  • Excellent analytical skills with an attention to detail;
  • Strong time management and organizational skills;
  • Integrity, with an ability to handle confidential information;

Academic Qualification

  • BA Degree in Accounting, Finance or a related field, preferably in the manufacturing sector

Work Experience:

  •  5+ years of experience in the manufacturing/Import-Export sector.

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