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.