Senior Cost Accountant


Senior Cost Accountant
- 1 Vacancy
- 102 Views
Experience
5 Year
Employee type
Full TimePosition
Intermediate
Offer Salary
ተመራጭ
Job Description
The Senior Cost Accountant plays a key role in ensuring production cost efficiency and financial performance. The position focuses on monitoring, analyzing, and controlling production and operational costs.
Key Responsibilities
Cost Monitoring & Analysis
- Monitor and analyze production costs, including raw materials, labor, and manufacturing overhead.
- Track and review operational expenses to ensure cost efficiency.
- Identify cost drivers and recommend improvements.
Cost Records & Inventory Management
- Develop, maintain, and update cost sheets and cost records.
- Ensure accurate inventory valuation and costing systems.
- Conduct cost reconciliations regularly (monthly, quarterly, annually).
Budgeting & Variance Analysis
- Compare actual costs against budgets and standard costs.
- Perform variance analysis and clearly explain deviations.
- Recommend corrective actions to address cost overruns.
Reporting & Decision Support
- Prepare detailed cost reports for management.
- Analyze cost trends and highlight cost-saving opportunities.
- Assist in setting standard costs and contribute to pricing strategies.
Audit & Compliance
- Support internal and external audits related to cost and inventory accounting.
- Ensure compliance with company policies and accounting standards.
- Strengthen internal controls related to cost accounting.
Cross-Department Collaboration
- Work closely with production, procurement, and finance teams to ensure accurate cost tracking.
- Participate in budgeting, forecasting, and financial planning activities.
Risk Management
- Identify financial and operational risks related to cost management.
- Propose practical mitigation measures to improve efficiency and profitability.
Additional Duties
Perform other duties assigned by the immediate supervisor.
Educational Qualification
BA Degree in Accounting & Finance or related field.
Experience
- 5–7 years of experience in cost accounting or cost control.
- Manufacturing industry experience is strongly preferred.
- Practical experience in budgeting, forecasting, and production cost monitoring.
Required Skills
- Strong knowledge of cost accounting and inventory control systems.
- Good understanding of production processes.
- Proficiency in ERP systems.
- Advanced Microsoft Excel skills.
- High integrity, confidentiality, and professionalism.
- Strong analytical and problem-solving ability.
How to Apply
Interested and qualified candidates are invited to submit:
- Application letter
- Updated CV
- Supporting academic and experience credentials
📧 Email: dedevacancy1@gmail.com
Please clearly write “Senior Cost Accountant” in the subject line of your email.
Only shortlisted candidates will be contacted.Key Responsibilities

