OK Bottling and Beverage Share Company is involved in the production of Bottled Natural Spring Water that highly satisfies its customers as well as end users in supplying clean spring water and in discharging its social responsibility for the society.  The Company’s manufacturing Plant is located in South Nations and Nationalities Region Guraghe Zone Eza Woreda nearby Wolkite University 198 KMS away from Addis Ababa.  The Company currently is looking to hire dynamic, energetic and hardworking potential employee in the following position as per specified job requirements.

The Cost & Budget Division Head participates in the preparation of the detailed Master and Flexible Budgets of the Company; prepares reports of their utilizations, analyses and reports deviations with actual performances; he/she prepares monthly performance report for each profit center and for the company as a whole. This Job description is always subjected to change amendment as per the job demand itself and as required by the company.

SPECIFIC DUTIES AND RESPONSIBILITIES: 

• Checks and verifies the accuracy of Cost Sheets of produced items prepared by his/her assistant;

• Checking & Verifying posting of all store documents and reconciliation of:-

  • Finished Goods Stock movement

  • Raw Material Stock movement

• Monthly Stock Count, reconciliation and rectification of imbalance

• Monthly Input/output Analysis

• Preparation of Budget & related tasks

• Weekly checking budget and actual variance, and reports to FM/GM.

• Follows up and clears unnecessary balances of work in Process (WIP) and Goods in Transit (GIT) accounts;

• Prepares budget utilization reports including reports of variance analysis;

• Records monthly adjustments for variations between the actual and estimated Manufacturing Overhead (MOH) Costs.

• Prepares monthly performance reports for each profit center and for the company as a whole.

• Train and supervises his/her assistants.

• Forwards explanations for enquiries of internal and external auditors concerning costs and budget issues;

• Participates and leads the periodic and annual inventory count.

• Follows up recording of cost accounting documents establishing a close relationship with his/her supervisor.

• Implement the established cost classifications, accumulations and reporting systems which are necessary to provide detail information for the control and disclosure of cost accounting records.

• Check the correctness of weight average precast of each inventory  (RM, FG, spare part)

• Check the correctness of each cost recorded in the book of account.

• Periodic reconciliation of stock record with inventory control accountant or store keeper and make necessary adjustment.

• Prepare periodic reconciliation of subsidiary ledger against general ledger of inventory items.

• Using store issue vouchers, sort direct material consumption of each SKUS.

• Review stock movement every month.

• Prepare consumption and production report every month.

•  He/she is required to perform any activity appointed by his/her immediate supervisor related to his/her current job which is not mentioned in this document.

Job Responsibility # 3: Reporting

• Prepares periodic reports and submits to FM.

• Prepares budget utilization reports; compares budgets with actual costs, revenue, administrative costs and other obligations to determine the accuracy of current estimates.

• Prepare and consolidate periodic financial reports/statements required by law and to help the management decisions making processes.

Job Responsibility # 4: Leadership

• Lead on the setting and monitoring of performance targets for the department.

• Supervises, leads, guides and supports staff responsible to him/her.

• Completes all performance management activities including; performance planning, monitoring, and annual performance appraisals.

• Provide the environment for learning within the department to ensure continuous development of skills.

• Establish and maintain good working relationship amongst the Finance Department staffs and with other departments and staffs as well as external stakeholders such as banks, auditors, customers and partners.

Job Responsibility # 4: Others

• Performs other duties assigned by the FM.

Number of open posts: 01(One)

Employment type: Full time after the successful completion of probation period.  

Job Requirements

Qualifications

• BA in Finance or Accounting, minimum of 6 years relevant work experience in manufacturing business companies. Costing and Budget Preparation, IFRS skill is required, Experience of ERP usage.

How to Apply

Submit your CV, cover letter via email: hr-recuitment@fikerwater.com or info@fikerwater.com or in person to Ok Bottling and Beverage, located around Bisrate Gebriel, in front of Home Depot, SAN Building, 5th floor For further information contact Tel. 0113692336

N.B: Use “Cost and Budget Division Head’’ as the subject line of your email

Learn about us: www.fikerwater.com