Junior Cost Accountant

About the role

SARIA Consultancy Plc is looking for a Junior Cost Accountant in Addis Ababa, Ethiopia. The role plans, analyzes and controls cost-related activities to support efficient production operations, prepares detailed cost reports, performs variance analysis and works closely with production and procurement teams. The position is permanent.

Key responsibilities

• Establish, update and maintain product costing systems, including bills of materials, labor and overhead allocation rates.
• Prepare cost reports and analysis, including product cost structures, manufacturing variances, cost of goods manufactured and cost of goods sold.
• Perform variance analysis to identify inefficiencies, investigate root causes and propose corrective actions.
• Monitor raw material, work-in-progress and finished goods inventory valuations and conduct regular stock reconciliations with the warehouse and production teams.
• Assist in annual budgets, cost forecasts and rolling financial projections for production and operations.
• Work with procurement, production and supply chain to find cost-saving opportunities and implement cost control measures.
• Support pricing strategies for new products, tenders and quotations with detailed cost breakdowns.
• Maintain costing documentation, internal financial controls and support internal and external audits.
• Improve cost accounting processes, prepare periodic management reports on cost trends and profitability by product line, and assist in other assigned tasks.

Required profile

• Bachelor's degree in Accounting and Finance or a related field.
• Minimum of 2-3 years of proven work experience as a Cost Accountant.
• Strong understanding of cost accounting principles and practices.
• Excellent analytical and problem-solving skills, attention to detail and organizational skills.
• Ability to work collaboratively with cross-functional teams.
• Knowledge of Ethiopian tax and financial regulations is advantageous.

Required skills

• Proficiency in accounting software and MS Excel.
• Experience with ERP systems is a plus.