Senior Cost & Budget Accountant

Position:

Organization: East African Lion Brands Industries PLC

Not Specified

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.

Job Requirements Bachelor’s Degree in Accounting, Finance or in a related field of study with relevant work experience Duties and Responsibilities: - Monitor and report on variances between actual costs and standard costs. - Analyze manufacturing, operational, and overhead costs to identify cost-saving opportunities. - Conduct product profitability analysis and support pricing decisions. How to Apply Submit your application letter via email: .TeshTadesseome@ealbi.com\HR@ealbi.com

Deadline: May 3, 2025, 12:00 AM

Location: , Bishoftu

Amount: 2

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