Cost Accountant
- Full-time
Company Description
Our client who has been the leading animal health company in East and Central Africa, since its inception in 1906. For over a century, our client has delivered high quality products and solutions for livestock farming that is unparalleled in the region.
They are looking for a professional and seasoned Cost Accountant who will report to the Head of Finance.
Job Description
Role Purpose
• To provide management with information for decision making, in cost and pricing decision.
• To analyze & appraise product development projects
• To analyze & appraise other supply chain projects
• To manage Company Inventory
Role Context
• Frequent product cost change
• Static selling prices, due to intense competition in the marketplace
• High foreign exchange exposure
• Dynamic changes in inventory management policies
Role Dimensions
• Range of Product lines & 100 SKU’s
• Contracted and multiple manufacturing sites.
Key Responsibilities
- Current product costs including accurate and up-to-date landed costs in the ERP.
- Computation of accurate product costs and updating the same in the system within a day of receipt of costs elements
- Maintain accurate product information in the ERP as per the policy.
- Costing for new products for buy/make decision
- Costing for new projects
- Variance analysis to explain differences between actual and budgeted production overheads for in-house & contracted sites
- Investigate and recommend ways of avoiding variances/factory floor wastages
- Procurement analysis – Monitor monthly GRN Suspense, Purchase price variances, cost changes and purchase order Commitments
- Weekly dashboard
- Stock Management
- Review and address issues arising from the weekly cycle counts
- Investigate and follow up on all reported variances
- Preparing and conducting monthly and quarterly stock takes in all our production sites & warehouses.
- Prepare a report for management approval to adjust the system numbers.
- S & OP team Champion, tasked with maintaining the stock levels which are in line with expected demand vs supply.
- Preparation of annual cost of sales budget
Productivity, Performance and Personal
Development
- Deliver performance objectives set. Institute immediate corrective action where performance is below par.
- Proactively manage own learning and development
- Adhere to annual leave plan agreed with line manager
- Update personal job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional and industry events, meetings and forums.
- Adhere to HR policies in the management of employees and maintain a conducive working environment.
Financial Management
- Manage activities within approved limits.
Risk Mitigation, Compliance & Audit
- Adhere and comply with the cGMP, policies, procedures and statutory guidelines.
- Consistently perform tasks as per documented procedures and within agreed turnaround times and SLAs
- Close gaps/lapses identified; undertake corrective and preventative actions identified by audits, compliance reviews; investigations or any other assessment mechanisms within the agreed time lines.
Reporting
- Prepare and submit reports to the relevant stakeholders within agreed format and timelines (daily, weekly, monthly, quarterly).
- Present reports that facilitate informed and sound decision-making. Trends, insights and concerns with recommendations clearly elaborated.
Qualifications
Qualifications
- C.P.A (II) or equivalent or Bachelor of Commerce
- Office applications (Word, Excel, Power point)- Advanced
- ERP knowledge -intermediary
- Good communication skills
- An appreciation of basic Supply Chain Processes
- IT proficiency
- Advanced product mix knowledge
- 2 years’ experience in costing preferably from the manufacturing sector
Competencies Required for this Role
- Attention to detail
- Good planner
- Numerate
- Analytical
- Flexible
- Proactive
- Honesty
Additional Information
Remuneration
Gross salary of KSH 53,000- 70,000
Applications close on 16th September 2021.