Key Responsibilities

• Coordinating and monitoring annual budgets for management’s decision making and to ensure that revenue and expenditure is kept in line with the budget.
• Advising management on proper financial planning and control by preparing and producing monthly management accounting reports for decision making.
• Determine and implement cost accounting procedures and methods.
• Planning, studying and collecting data to determine costs of business activity such as inventory and labor.
• Responsible for the preparation and analysis of cost reports; providing management with reports specifying and comparing factors affecting prices and profitability of products.
• Ensuring minimal variance between actual and standard costs
• Advising on product profitability and pricing structures, evaluating sanctions and monitoring contract prices renewals
• Performs various cost analysis procedures and perform cost allocations for distribution and manufacturing
• Prepare, analyze and report weekly, monthly, quarterly and periodically gross margins by brand and by customer.
• Prepare detailed account analysis and reconcile sales, cost and inventory and liability accounts by customer channel and category.
• Assist is various projects aimed at identifying and realizing cost savings.
• Preparation of financial reports for decision making including the Monthly Budget Control
• Review standard and actual costs for variances and report variances to management for decision-making purposes.
• Accumulate and apply overhead costs as required by generally accepted accounting principles
• Ensure timely submission, accuracy and validity of inventory and gross margin schedules to management.
• Prepare collateral reporting.
• Support and assist internal department reporting requirements such as audit schedules, tax schedules and others.
• Maintain internal control documentation and test internal controls.
• Also helps in determining pricing of various product.
• Assist in establishing and reviewing performance standards and measures with a particular emphasis on areas with cost implications.
• Monitor on a continuing basis organization-wide KPIs to determine performance against targets on cost, productivity, efficiency, quality and timelines.
• Undertake special projects as and when required to do so by management.

Requirements

Skill & Experience

• Bachelor’s degree in Accounting/ Business/ Finance or equivalent is mandatory
• Minimum 3 years of experience mostly handling cost
• Candidates must possess CIMA/ CPA(K)/ACCA qualification or equivalent
• High numeric abilities
• Advanced computer skills

Other Desirable Attributes

• Prior Financial Accounting and/or internal control framework experience is a plus for proper understanding of accounts requirements.
• Strong logical thinking, analytical and communication skills; Fluent English in listening, speaking and writing (very important).
• Strong ownership, proactive and team work spirits.