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Cost Accountant

Zelalem Eshetu Coffee Exporter

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Finance

Accounting and Finance

Addis Ababa

5 years

1 Position

2024-08-22

to

2024-08-30

Required Skills
Required skills have not yet been specified for this position this job
Fields of study

Accounting

Finance

Full Time

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Job Description

Zelalem Eshetu Coffee Export is one of Ethiopia’s leading coffee exporters, renowned for its high-quality products, substantial export volume, and extensive processing capabilities. With a reputation for excellence and a commitment to superior business processes, we are seeking vibrant and qualified individuals to join our dynamic team.

Reports to; Finance Manager

Salary; As per the company salary scale

Key Responsibilities

Cost Data Collection: 

  • Designing and implementing cost accounting systems.

  • Sort and record costs of purchases for Exports, Imports and Operations accurately.

  • Gather , collect and and maintain accurate and comprehensive database of cost information of Exports, Imports general procurements and services.

  • Maintain and keep a comprehensive  filling of supporting documents for costs.

  • Tracking variable costs such as purchases of materials and operations.

  • Documenting records from the company's operational perspective.

  • Conducting stock reconciliations and coordinating stock takes.

Cost Analysis:

  •  Analyze costs of Exports, Imports, Operations, and other business activities to identify trends, variances, and opportunities for cost savings.

  • Researching market rates for key business costs for exports, imports and operations.

  • Maintaining Cost Accounting Systems.

  • Collecting cost information and maintaining an expenses database for Exports, Imports and Operations.

  •  Work with other departments, such as Export/Import divisions, Warehouse operations and procurement, to understand their cost-related needs and provide support in managing expenses.

  • Reviewing financial records to identify areas for cost savings.

  • Analyzing fixed costs like salaries, rent, and insurance.

  • Reviewing standard and actual costs for inaccuracies.

  • Recommend strategies for cost control and efficiency improvements based on analysis and reporting.

Reporting: 

  • Generate detailed reports on cost structures, profit margins, and financial performance of Exports, Imports and operations for management review.

  • Producing monthly management accounts including material costs.

  • Analyzing and reporting on profit margins.

  • Developing profit and loss statements.

Cost Forecasting: 

  • Prepare monthly, quarterly, and annual forecasts of costs to aid in financial planning and decision-making.

Standard Costing and budget preparation: 

  • Establish and maintain standard costs for products and services, comparing them against actual costs to identify discrepancies.

  • Identifying and recommending cost-effective solutions.

  • Preparing cost forecasts and budgets.

  • Assist in preparing budgets for departments and the overall organization, ensuring alignment with financial goals.

  • Assisting with month-end and year-end closing.

Internal Audits: Conduct internal audits to ensure compliance with accounting standards and identify areas for improvement.

Job Requirements

Qualifications

Education: A bachelor's degree in accounting, finance, or a related field is typically required.

Work Experience:  5 years and above previous experience in cost accounting or a similar role.Relevant experience in export-import business is essential or a plus.

Required skills: Proficiency in accounting software, strong analytical skills, attention to detail, and excellent organizational and communication abilities are essential for success in this role. Understanding operational and production software to ensure accurate cost recording.

How to Apply

Fields Of Study

Accounting

Finance

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