Accounting and Finance

Lemi National Cement PLC

Job Description:As the Business Controller (Cost Accountant), you will be at the forefront of ensuring accurate cost accounting and providing critical insights for effective decision-making. Your role will involve a meticulous approach to cost analysis, compliance, and collaboration to drive the company's financial success.&nbsp;Key Responsibilities:<ul><li>Develop and implement a comprehensive cost accounting system that accurately captures and allocates costs to products or services. Continuously review and refine this system to ensure its effectiveness and compliance with industry standards.</li><li>Calculate the cost of goods sold with precision, considering all direct and indirect costs associated with production. Use accurate costing methods to ensure reliable inventory valuation.</li><li>Allocate indirect costs to appropriate cost centers or products using appropriate allocation methods. Ensure fairness and accuracy in cost distribution to support accurate performance measurement.</li><li>Conduct in-depth analysis of cost variances, comparing actual costs to budgeted or standard costs. Provide detailed explanations for deviations, identifying root causes and recommending corrective actions.</li><li>Prepare comprehensive cost reports that clearly present cost information, trends, and insights. These reports should be tailored to the needs of management, providing actionable information for strategic decision-making.</li><li>Actively participate in inventory management processes, including cycle counting and physical inventory audits. Ensure accurate inventory records and help identify areas for inventory optimization.</li><li>Assist in the development and implementation of cost control strategies. Provide input on cost reduction initiatives and monitor the effectiveness of these strategies.</li><li>Collaborate with cross-functional teams, including production, procurement, and sales, to understand cost drivers and opportunities for cost optimization. Provide financial insights and support to these teams to drive better business decisions.</li><li>Stay updated on changes in cost accounting standards and regulations. Ensure compliance with these standards and implement necessary changes to the company's cost accounting practices.</li><li>Participate in financial audits and provide necessary documentation and explanations related to cost accounting. Address audit findings and implement corrective actions as required.</li><li>Analyze the impact of cost changes on product pricing and profitability. Provide recommendations on pricing strategies and product mix to maximize profitability.</li><li>Train and mentor junior staff on cost accounting principles and practices. Foster a culture of accuracy and compliance within the cost accounting team.</li></ul>

Business Controller (Cost Accountant ）

Job Description:As the Business Controller (Cost Accountant), you will be at the forefront of ensuring accurate cost accounting and providing critical insights for effective decision-making. Your role will involve a meticulous approach to cost analysis, compliance, and collaboration to drive the company's financial success.&nbsp;Key Responsibilities:<ul><li>Develop and implement a comprehensive cost accounting system that accurately captures and allocates costs to products or services. Continuously review and refine this system to ensure its effectiveness and compliance with industry standards.</li><li>Calculate the cost of goods sold with precision, considering all direct and indirect costs associated with production. Use accurate costing methods to ensure reliable inventory valuation.</li><li>Allocate indirect costs to appropriate cost centers or products using appropriate allocation methods. Ensure fairness and accuracy in cost distribution to support accurate performance measurement.</li><li>Conduct in-depth analysis of cost variances, comparing actual costs to budgeted or standard costs. Provide detailed explanations for deviations, identifying root causes and recommending corrective actions.</li><li>Prepare comprehensive cost reports that clearly present cost information, trends, and insights. These reports should be tailored to the needs of management, providing actionable information for strategic decision-making.</li><li>Actively participate in inventory management processes, including cycle counting and physical inventory audits. Ensure accurate inventory records and help identify areas for inventory optimization.</li><li>Assist in the development and implementation of cost control strategies. Provide input on cost reduction initiatives and monitor the effectiveness of these strategies.</li><li>Collaborate with cross-functional teams, including production, procurement, and sales, to understand cost drivers and opportunities for cost optimization. Provide financial insights and support to these teams to drive better business decisions.</li><li>Stay updated on changes in cost accounting standards and regulations. Ensure compliance with these standards and implement necessary changes to the company's cost accounting practices.</li><li>Participate in financial audits and provide necessary documentation and explanations related to cost accounting. Address audit findings and implement corrective actions as required.</li><li>Analyze the impact of cost changes on product pricing and profitability. Provide recommendations on pricing strategies and product mix to maximize profitability.</li><li>Train and mentor junior staff on cost accounting principles and practices. Foster a culture of accuracy and compliance within the cost accounting team.</li></ul>

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Looking for jobs in Ethiopia? Explore Lemi National Cement PLC for the Business Controller (Cost Accountant ） role. Ethiojobs is the best place to find job opportunities.

Business Controller (Cost Accountant ） Jobs and Vacancies in Ethiopia | Ethiojobs.

Business Controller (Cost Accountant ） Jobs and Vacancies in Ethiopia | Ethiojobs.