Cost Accountant – Steel Manufacturing

Location: Gelan
Company: SOTEN Industries PLC

We are seeking a skilled and detail-driven Cost Accountant to join our finance team in the steel production industry. The role focuses on monitoring production costs, improving efficiency, and supporting strategic financial decisions.

Key Responsibilities:

• Analyze and report on manufacturing costs, including raw materials, labor, and overhead.

• Monitor and audit inventory cycles (raw materials, WIP, finished goods) through regular physical counts and system reconciliation.

• Calculate standard costs and analyze variances to identify inefficiencies and opportunities for cost savings.

• Prepare detailed cost analyses for new and existing products.

• Collaborate with production, supply chain, and engineering teams to understand operational processes and validate cost data.

• Assist in month-end and year-end closing processes related to inventory and cost of goods sold (COGS).

• Support the budgeting and forecasting processes.

• Develop and maintain robust cost accounting procedures and internal controls.

• Provide data to support pricing strategies and capital investment decisions.

• Bachelor’s degree in Accounting, Finance, or a related field.

• 3+ years of cost accounting experience in a manufacturing environment (steel, metal fabrication, or heavy industry is a significant plus!).

• Strong understanding of International Financial Reporting Standards (IFRS).

• Proficiency with ERP systems and advanced Excel skills.

• Exceptional analytical and problem-solving skills with a keen attention to detail.

• Ability to communicate complex financial information to non-financial colleagues.

• A proactive, results-oriented mindset with a passion for process improvement.

Job Requirements

What We're Looking For (Qualifications):

Qualifications & Skills:

• Bachelor’s Degree or Master’s Degree in Accounting & Finance, or related field.

• Proven experience in cost accounting within manufacturing (preferably steel or heavy industry).

• Strong knowledge of production cost cycles and inventory control.

• Proficiency in accounting software and MS Excel.

• Analytical, detail-oriented, and strong problem-solving ability.

How To Apply

Interested applicants who fulfill the requirements can submit non-returnable copies of their CV, application letter and other testimonial documents within 05 calendar days of this announcement in person through the following Address: - 

Wollo Sefer, TAF Energies Head Quarter (In Front of Tebaber Berta Building)

Tel:- +251115580686/87 /+251930106170 /+25193519869/+251930099782 /E-mall: tafinfo@tafenergies.com

Job Requirements Master's or Bachelor's Degree in Accounting & Finance or in a related field of study with relevant work experience Duties and Responsibilities: - Analyze and report on manufacturing costs, including raw materials, labor, and overhead. - Monitor and audit inventory cycles (raw materials, WIP, finished goods) through regular physical counts and system reconciliation. - Calculate standard costs and analyze variances to identify inefficiencies and opportunities for cost savings. How to Apply Submit your application, updated CV and supporting credentials in person to the office located at Wollo Sefer, TAF Energies Head Quarter (In Front of Tebaber Berta Building). For more information contact Tel. +251115580686/+251115580687 /+251930106170 /+25193519869/+251930099782 /E-mall: tafinfo@tafenergies.com