Cost Accountant

Location Addis Ababa, Ethiopia
Date Posted July 30, 2021
Category Accounting
Job Type Full-time
Currency ETB


Angla Business PLC is engaged food industry including production of fast food, catering, and food processing. The Company is in a transformation process to support its day-to-day operational activities with well-designed policies and procedures and integration through the ERP System. As part of the implementation, we would like to invite qualified, experienced and energetic candidates/applicants for the following positions.

Key  Responsibilities and Requirements

  • Prepare (monthly, quarterly and annual) cost forecasts.
  • Setting appropriate cost for purchase raw materials/ finished items for production and non-production purposes through verifying all pertinent documents.
  • Setting Work-in-process costs for manufacturing lines on a timely bases.
  • Setting Finished product costs for manufacturing lines.
  • Record and maintain costs of Goods- In- Transit (GIT) for imported goods.
  • Passing of all cost related financial entries on a timely bases as per the Finance Procedure and guidelines.
  • Prepare various financial analysis related to manufacturing costs, construction costs, inventory, and expense information for various customers as needed for decision making support.
  • Set up new raw material, packaging, WIP, and FG items; create and maintain production BOMs; maintain periodic cost rolls/updates
  • Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.
  • Analyzes actual production costs and prepares periodic reports comparing standard costs to actual production costs.
  • Records cost information for use in controlling expenditures.
  • Reconciles finished goods inventories
  • Prepares estimates of new and proposed product or service costs
  • Recommends cost efficiencies in new product layouts.
  • Good Knowledge of financial governance such as GAAP, IFRS, and other regulations as per the governing rules (for both management and legal requirement purposes)
  • Ensure compliance of all legal requirements of the Company with respect to the financial activities.

Quantity: 1

Working place: Addis Ababa at Head office or Branches at different Sub Cities.

Job Requirements


  • Diploma/Degree  in Accounting and Finance or related fields


  • 6 years for Diploma and 4 years for BA. For both, at least 2 years as Cost Accountant.

Job Specification

  • Basic computer knowledge particularly accounting software and other related accounting system, like MS office, Peachtree accounting. Knowledge and experience in the implementation and running of ERP/MRP is a plus.
  • Experience in manufacturing, Import and Export lines of business is advantageous.
  • Excellent analytical skills with a strong focus on accuracy and attention to detail.
  • Excellent communication skills and high confidence in stating professional opinions
  • Strong interpersonal skills to resolve issues with external and internal customers.
  • Committed and result oriented work ethics.
  • Undertake other duties which are appropriate to the level of the position, as directed by the Head-Finance/Senior Accountant.

Applying Instructions

  • Interested applicants who fulfill the requirements are invited to send their CV along with all relevant working experience and educational credentials within 10 (ten) working days of the advertisement
  • Fill out the application form using the following link: Online Application Form. Filling this application form is mandatory
  • Send your CV and application letter to clearly mark “Cost Accountant” in the subject line.
  • Only short-listed applicants will be called for an interview and practical examination may be availed.
  • All educational certifications should be from accredited educational institutions.
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