Position:
Organization: Reality Construction & Real Estate
REALITY REAL ESTATE is a prominent player in the real estate development sector in Ethiopia. The company has focused on constructing high-quality residential apartments that meet the growing demands of urban living.
Required No: 1
Location: Addis Ababa
Employment type: Full time
Salary: Negotiable
The Financial Manager (Cost Management) will be reporting to the Finance Director and will lead the Cost Accounting Section in the department by maintaining cost control and financial planning activities across all departments and business units. This includes preparing budgets, forecasting financial performance, analyzing costs and profitability, and helping the company make informed financial decisions.
Budgeting & Forecasting
Help departments create and review yearly budgets for operations and capital expenses
Update budgets during the year to reflect changes in goals or resources
Prepare regular forecasts for income, expenses, and cash flow using past data and current trends
Run financial scenarios to help leaders understand possible outcomes and make informed choices
Cost Management and Inventory Control
Track all inventory movements and maintain a strict inventory control
Calculate and review the cost of goods sold (COGS) for each business unit and site
Monitor and analyze all types of costs—CIPs, direct, indirect, and overhead
Work with Supply Chain and Engineering departments and follow up on all movements of inventory at all sites and business units.
Variance & Budget Control
Compare actual purchases to the monthly, quarterly, and annual budgets, and prepare timely variance analysis BVA reports
Inspect unusual cost changes and suggest solutions
Analyze the profitability of projects/construction sites, and business units
Provide insights into margins and cost structures to support better decision-making
Preparation of Ratio and Financial Analysis
Track performance and support planning
Actively participate in internal and external audits by organizing cost records and documentation
Analyze and interpret financial ratios and come up with insights to support management in making informed decisions
Compliance & Reporting
Make sure all financial planning and analysis
Keep organized records that are ready for audits
Prepare reports and summaries for senior management
Work with the tax accountant to advise on tax savings, allowable costs, and budget changes
Qualification and Experience:
The ideal candidate is expected to have a Bachelor degree in Accounting/Finance/ related fields with a minimum of 10 years hands on experience in leading cost accounting teams, preparation of annual and master budgets, cost control, variance and profitability analysis in a factory and/or construction setting, out of which with at least four years’ experience as a manager.
Applicants who fulfill the above-mentioned criteria can submit non-returnable applications letter, CV and relevant supporting documents in a word or PDF file within 10 consecutive days to the following email address: realityhrgs@gmail.com by mentioning the job title in the subject line or interested applicants can apply in person at reality real estate office bole brass near Yugo City Church, reality plaza 6th floor. Only short-listed candidates will be contacted and application after deadline shall not be accepted.
For further information contact Tel: +251116663339
Deadline for application: September 28, 2025
Job Requirements Bachelor Degree in Accounting, Finance or in a related field of study with relevant work experience,out of which 4 years’ experience as a manager. Duties & Responsibilities: - Help departments create and review yearly budgets for operations and capital expenses - Track all inventory movements and maintain a strict inventory control - Make sure all financial planning and analysis How to Apply Submit your non-returnable application and CV along with supporting documents in person to reality real estate office bole brass near Yugo City Church, reality plaza 6th floor or realityhrgs@gmail.com. For further information contact Tel: +251116663339Deadline: Sep 29, 2025, 12:00 AM
Location: , Addis Ababa
Amount: 1