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Senior Accountant Cost & Inventory

Repi Soap & Detergent PLC

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Finance

Accounting

Addis Ababa

4 years

1 Position

2025-04-25

to

2025-05-17

Required Skills

follow reporting procedures

prepare audit activities

manage budgets

+ show more
Fields of study

Accounting

Accounting & Finance

Full Time

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Job Description

Duties & Responsibilities:

  • Manages the preparation of monthly COGS & Overhead reports.

  • Comply with monthly Group reporting requirements in terms of different operational and performance related reports to be prepared and compiled and submitted on timely manner, such as benchmark reporting & Precision Reporting. 

  • Prepare annual COGS & Overhead report for audit by external auditors timely and accurately.

  • Monthly margin analysis report to be prepared and circulated at least a week before the margin committee meetings.

  • Update on standard costing weekly based on the revised prices of the materials procured.

  • Preparation of budget document and its presentation to the local management by November of each year for the next budget year. 

  • Ad hoc reports to management team from time to time on various areas to closely monitor them.

  • Reviewing the Consumption of Raw Material & Packing material from standard consumption and advising the senior accountant for corrective measures.

  • Investigating the production department in excess or under usage of material consumption and should be reported to the top management immediately. 

  • Timely apportionment of Overhead expenses to the individual product.

  • Analyze the overhead expenses including but not limited to repair & maintenance, fuel, labor and other expenses based on individual cost centers and identifying the reason for such expenses.

  • Verify the utility consumption and rate based on the standard consumption & rate.

  • Cross checking the payroll data and incorporating in the SAP system.

  • Preparing cost buildup sheet for import of products and its reconciliation (if any)

  • Cross checking Performa invoice with the inventory cost charged into SAP as and when there is a change in material prices.

  • Cross checking the classification of cost centers for all the material consumption and overheads to ensure costs are charged to correct product SKU.

  • Ensuring proper controls are in place for material issuance, consumption and return to the warehouse and timely recording into the system.

  • Conducting the inventory count each month and identifying the variation from the system and physical and reporting to the senior management along with the reasons for variation by 3rd of each month relating to closing of previous month.

  • Checking stocks movement on periodic basis.

  • Ensuring the Purchase Order & Sales Order are duly closed in the SAP system on weekly basis.

  • Ensuring Production Orders are also closed timely in the SAP system.

  • Surprise inventory count on different locations in a month.

  • Closely monitors and ensures accurate and up to date accounts and financial records are maintained based on Company financial policy and procedure and a standardized procedure.

  • Ensures that information on financial status of the Company is readily at hand whenever required.

Job Requirements

Qualification:

  • BA Degree in Accounting, Accounting & Finance or relevant field

  • Minimum 4 years’ relevant experience of which two years as Sr. Accountant or Sr. Account Officer in manufacturing industry.

  • SAP knowledge is a plus

  • Good knowledge of the Ethiopian Tax regulations.

Competencies:

  • Extensive knowledge of FICO & MM module.

  • Knowledge of costing mechanism and reasoning mind to identify the variance in consumption.

  • Time management

  • Attention to detail

  • Strictly deliver report before deadlines

  • Ability to priorities and manages expectations

How To Apply

Qualified candidates who meet the above requirements can submit their CV and cover letter through THIS LINK  by specifying the position and JOB ID in the cover letter.

Apply by using THIS LINK (It's mandatory)

Fields Of Study

Accounting

Accounting & Finance

Skills Required

follow reporting procedures

prepare audit activities

manage budgets

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