YO holding, is a group of corporations with diversity of establishments engaged in deep energy, natural resource exploration, export/ Import, Housing, Farm and logistics business. Our goal and missions are tuned to support the ongoing Ethiopia’s development of the industrial growth and sustainable energy supply for the Industries, With the continues commitment and contributions to the economic Social development while improving the quality of life of the workforce and their families as well as the local community and society at large.

POSITION SUMMARY

To improve the controlling and management of costs and enhance operational decision making by preparing insightful, timely, accurate and relevant cost and operational analysis and reports.

DUTIES AND RESPONSIBILITIES

• Collect and organize budget requests of work units and participate in the preparation of annual budget.
• Conduct cost studies and support the installation and maintenance of appropriate cost allocation plans/costing system to ensure cost effectiveness and profitability.
• Prepare cost estimates of new or special products for establishing selling prices and production forecasts.
• Record and analyze cost of raw materials, spare parts, labor, overhead, and services to evaluate cost effectiveness and profitability of the Company.
• Prepare journal entries and maintain cost accounting records for various cost items.
• Organize cost reports that help as an input in the preparation of periodic financial statements.
• Prepare budgeted financial statements and schedules.
• Perform adjusting entries and correct errors on periodic financial reports.
• Follow up the proper utilization of approved capital and operational budgets and report findings to immediate supervisor.
• Prepare monthly consumption report based on records of incoming and issued materials.
• Perform various cost analyses including standard cost development, average pricing analysis, margin and cost ratio analysis, inventory control, variance analysis.
• Reconcile stock items with store balance (bin card) and general accounts records.
• Compute total costs of all goods in transit to prepare cost build-up of goods.
• Collect cost and operational data for preparation of management and cost reports and reviews.

PERSONS SPECIFICATIONS

Education: BS/MA degree in accounting or finance required.

Experience: 4+ years of accounting experience.

Knowledge, Skills, Competence:

• Working knowledge of tax laws and IFRS.
• Strong financial analysis skills.
• Strong communication skills, both written and verbal.
• Strong organizational and stress management skills.
• Proficiency in Microsoft Office, particularly with Excel.
• Ability to train and manage staff.
• Ability to work with little to no supervision.