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Cost Accountant Head

Minaye PLC

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Finance

Accounting

Addis Ababa

3 years - 5 years

3 Positions

2025-06-11

to

2025-06-18

Required Skills

identify accounting errors

check accounting records

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Fields of study

Accounting

Finance

Full Time

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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

Duties and Responsibilties:

  • 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).

Job Requirements:

  • 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.

How to Apply:

  • 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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