Experience
Senior(5-8 years)
Salary
Not specified
Posted
4 days ago
Deadline
in 21 days
Job Description
Senior Cost Accountant
Quantity: 1 (One)
Company Name: Corelex Electric Manufacturing Plc.
Industry: Transformer Manufacturing
Employment Type: Full-Time
Duty Station: Addis Ababa Office
About the Position
We are a transformer manufacturing factory seeking a qualified and experienced Senior Cost Accountant to join our finance team. The successful candidate will be responsible for accurate product costing, cost analysis, budgeting, inventory valuation, and financial reporting, with particular focus on manufacturing operations.
Key Responsibilities
- Develop and maintain accurate product and manufacturing cost calculations.
- Analyze direct materials, direct labor, manufacturing overhead, and production variances.
- Prepare and monitor standard and actual production costs.
- Conduct cost variance analysis and provide recommendations for cost reduction and efficiency improvement.
- Monitor raw materials, work-in-progress, and finished-goods inventory costs.
- Prepare monthly cost accounting reports and management reports.
- Support budgeting, forecasting, and financial planning activities.
- Reconcile manufacturing costs and inventory records with the general ledger.
- Work closely with production, procurement, warehouse, and finance teams to ensure accurate cost information.
- Establish and maintain appropriate cost accounting procedures and internal controls.
- Assist with month-end and year-end closing activities and external/internal audits.
- Ensure compliance with applicable accounting standards, company policies, and tax requirements.
- Perform other finance and cost-accounting duties assigned by management.
Requirements
Required Qualifications and Experience
- Bachelor’s degree in Accounting, Finance, or a related field.
- Professional accounting qualification such as ACCA, CPA, or equivalent is highly desirable.
- Minimum 5 years of relevant accounting experience, preferably in a manufacturing environment.
- Strong practical experience in cost accounting and manufacturing accounting.
- Good understanding of inventory valuation, standard costing, variance analysis, and production costing.
- Experience with ERP/accounting systems and strong Excel skills.
- Strong analytical, numerical, reporting, and problem-solving skills.
- High level of accuracy, integrity, confidentiality, and attention to detail.
- Ability to work independently and effectively under deadlines.
Preferred Experience
Experience in transformer, electrical equipment, metal fabrication, or other industrial manufacturing environments will be an advantage.
Required Skills
Level
Senior(5-8 years)
Location
Addis Ababa
How to Apply
Interested and qualified candidates should submit their CV, Application letter & credentials to:
Email: corlexmanufacturing2@gmail.com
Contact: +251911670937
Application Deadline: Sep.25, 2026
On Subject Line: Write Senior Cost Accountant
Only shortlisted candidates will be contacted.