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Senior Cost & Budget Accountant

East African Lion Brands Industries PLC

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Finance

Accounting

Bishoftu

5 years

2 Positions

2025-04-25

to

2025-05-03

Required Skills

perform cost accounting activities

+ show more
Fields of study

Accounting & Finance

Full Time

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Job Description

Duties and Responsibilities

  • Analyze manufacturing, operational, and overhead costs to identify cost-saving opportunities.

  • Monitor and report on variances between actual costs and standard costs.

  • Prepare and maintain cost accounting system records, including inventory valuation and cost of goods sold (COGS).

  • Conduct product profitability analysis and support pricing decisions.

  • Assist in month-end and year-end closing processes related to cost accounting.

Budgeting & Forecasting:

  • Lead the annual budgeting process, working closely with department heads to develop accurate budgets.

  • Prepare monthly, quarterly, and annual financial forecasts.

  • Track budget performance and provide variance analysis with actionable insights.

  • Support management with ad-hoc financial modeling and scenario analysis.


Financial Reporting & Compliance:

  • Prepare management reports on cost performance, budget utilization, and financial trends.

  • Ensure compliance with accounting standards (GAAP/IFRS) and company policies.

  • Assist in internal and external audits related to cost and budget controls.

Process Improvement:

  • Identify inefficiencies in cost structures and recommend improvements.

  • Implement best practices in cost accounting and budgeting processes.

  • Support ERP/system enhancements related to cost and budget modules

Job Requirements

  • Bachelor’s degree in Accounting, Finance, or related field; CPA/CMA preferred.

  • 5+ years of experience in cost accounting, budgeting, and financial analysis (manufacturing or project-based industries a plus).

  • Strong knowledge of GAAP/IFRS, cost allocation methods, and budgeting principles.

  • Proficiency in ERP systems (SAG, Oracle, Hyperion) and advanced Excel (pivot tables, VLOOKUP, 

How to Apply

Interested applicants who fulfill the requirements can apply  through the email address of ,Tadesse.Teshome@ealbi.com or HR@ealbi.com by attaching PDF CV.

Fields Of Study

Accounting & Finance

Skills Required

perform cost accounting activities

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