Minaye PLC
Finance
Accounting
Addis Ababa
3 years - 5 years
3 Positions
2025-06-11
to
2025-06-18
identify accounting errors
check accounting records
Accounting
Finance
Full Time
Share
Job Description
We are seeking a highly skilled Cost Accountant Head with expertise in furniture manufacturing costing to oversee product cost analysis, waste reduction, and financial efficiency. The ideal candidate will have strong technical knowledge of material costing, labor allocation, overhead absorption, and production waste minimization. You will work closely with the Design, Production, and Procurement teams to optimize costs while maintaining quality.
Required Number: 3
Prepare detailed cost breakdowns for manufactured and imported furniture (materials, labor, overhead, freight, etc.).
Develop and maintain standard costing models for various product lines.
Analyze actual vs. standard costs and investigate variances.
Collaborate with Design & Production teams to identify cost-saving opportunities (material usage, labor efficiency, etc.).
Implement waste reduction strategies (e.g., optimizing cutting plans, reducing scrap, improving workflows).
Conduct value engineering to suggest design modifications for cost efficiency.
Assist in annual budgeting and periodic cost forecasts.
Monitor production expenses and recommend corrective actions.
Evaluate raw material costs and supplier pricing.
Ensure accurate inventory valuation (FIFO/LIFO, WIP, finished goods).
Prepare monthly cost reports for management.
Ensure compliance with accounting standards (GAAP/IFRS).
Education: Bachelor’s degree in Accounting, Finance, or Cost Management (CMA/CPA preferred).
Experience: 3-5+ years in cost accounting, preferably in furniture manufacturing or similar industries.
Technical Knowledge:
Understanding of BOM (Bill of Materials), routing, labor allocation, and overhead absorption.
Familiarity with wood, metal, upholstery, or modular furniture production processes.
Submit your resume and cover letter via email: hcminayee@gmail.com with the subject line "Cost Accountant Head Application "
Fields Of Study
Accounting
Finance
Skills Required
identify accounting errors
check accounting records
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