Cost & Budget Accountant

Employment vacancy announcement

Cheawani Import and Export Plc have been established on 2012 in the area of importing and export business sector in Addis Ababa, Ethiopia.  We are working on Exporting of agricultural commodities around the globe to China, Turkey, Middle East, Europe, Israel,   UAE, Vietnam, Yemen and Hong Kong with delivering high quality products and providing better customer stratification for our esteemed Clients. Beside this we are working also on different business sectors of Importing and Manufacturing, Transport, Machinery Renting, Mining and Agricultural investment.

Now we are seeking qualified, experienced, and detail-oriented job seekers through competition on the following Positions to join our Finance & Accounts Department

1. Type of Employment: Permanent

2.  Place of Work: Addis Ababa around Piassa, Curchil road

3.  Required No.:  1 (One)

4.  Salary: As Per Company Scale, But Attractive

5. Gender: Females are encouraged

6. Key  Responsibilities

• Cost Analysis and Reporting

• Collect, analyze, and report on cost data (materials, labor, overhead)

• Prepare periodic cost reports for management

• Analyze variances between actual and standard/budgeted costs

• Cost Accounting Systems

• Develop, implement, and maintain cost accounting systems and procedures

• Ensure accurate allocation of direct and indirect costs

• Maintain cost records and ledgers

• Budgeting and Forecasting

• Assist in preparing budgets and cost forecasts

• Monitor budget performance and report deviations

• Support financial planning with cost estimates

• Budget Monitoring and Control

• Monitor actual performance against approved budgets

• Investigate and explain budget variances

• Prepare monthly/quarterly budget performance reports

• Recommend corrective actions for budget overruns

• Inventory Valuation and Control

• Value raw materials, work-in-progress, and finished goods

• Monitor inventory levels and reconcile inventory records

• Conduct periodic stock counts and investigate discrepancies

• Product Costing

• Determine unit costs of products/services

• Calculate cost of goods manufactured (COGM) and cost of goods sold (COGS)

• Support pricing decisions with accurate cost information

• Variance and Profitability Analysis

• Analyze profitability by product, project, or department

• Identify cost-saving opportunities and inefficiencies

• Recommend corrective actions to reduce costs

• Compliance and Audit Support

• Ensure compliance with accounting standards and internal policies

• Support internal and external audits

• Maintain accurate documentation for audit purposes

• Process Improvement

• Identify and implement cost reduction initiatives

• Improve cost tracking and reporting processes

• Enhance accuracy and efficiency of cost accounting systems

• Month-end and Year-end Closing

• Prepare journal entries related to costs

• Reconcile cost accounts

• Assist in financial statement preparation

• Management Reporting

• Prepare budget vs. actual reports for management

• Present financial performance and budget analysis

• Provide recommendations for cost optimization and budget efficiency

• Provide cost data to support management decision-making

Job Requirements

1. Qualification/Required Skills and Experience

• Education: Graduated with a first degree (Bachelor's)  or 2nd degree in Accounting and Finance or related fields of study from a recognized university/college, and with

• Experience: 5 years & above of relevant work experience for 1st degree graduates & 3 years & above for 2nd degree graduates. It is preferable if the work experience is in a manufacturing industry, import and export, and related fields of work in a recognized organization & directly related experience in business profit oriented company.

1. Technical  Knowledge

• Sound knowledge of Accounting Standards, accounting principles, Ethiopian tax/labor laws, and internal controls, and financial policies and procedures.

• Strong analytical, organizational, numerical, and communication skills, with high attention to detail and accuracy.

• Ability to maintain confidentiality and integrity in handling financial information.

• Excellent written and verbal communication skills in English and relevant local languages (Afaan Oromo and Amharic).

1.  Required Training:  

• Training & Certificate on Accounting software such as  GAAP, Peachtree accounting IFRS & Certified Management Accountant (CMA)

1.  Required Skill

• Excellent skills in Microsoft Word, Excel, PowerPoint, etc.

How To Apply

Qualified and interested Job seekers who fulfill the required skills/competencies stated above for the position can register by submitting their work experience, educational credentials, CV and other necessary original documents along with one non-returnable copies, in person to Chweani Import & Export Plc Human Resources Administration office, located Addisss Ababa around Piassa Curchil road, Tewodros Square, Eshetu mamo & families Commercial BLD, 8th floor House No. 805.

Or

By sending credential Documents and CV via Address email chweani@gmail.com, within the seven (7) consecutive working days from the date of this vacancy announcement.

Contact Address: 09-91-45-45-45/09-98-10-11-57 Addis Ababa, Ethiopia

Notice: - The Company has the right to cancel the post advertised.

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