ACCOUNTANT- COSTING & ANALYSIS

Location
Nairobi (KE)
Salary
Competitive salary
Posted
13 Jan 2025
Closes
25 Jan 2025
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Duties and Responsibilities
•    Monitor and analyse unit cost variance and purchase price variances and make recommendations for remedial actions.
•    Prepare monthly profit and loss reports for all markets and market segments as required.
•    Oversee inventories count process, prepare monthly inventory movement and valuation reports, audit and adjust inventory variances and share the stock take reports with management.
•    Develop and recommend pricing strategies to optimize profit margins while staying competitive.
•    Proactively monitor market prices and cost movements and recommend products price reviews.
•    Make accurate budgets and estimates while accounting for upcoming financial needs and trends that may have an impact on expenditure.
•    Collaborate with other teams to develop and implement cost management initiatives that complement the objectives of the business.
•    Maintain system price lists/ generate price lists & costing for all products.
•    Spearhead the conception and implementation of continual improvement initiatives to increase cash flow to the business i.e. through the review of policies and procedures. 
•    Analyze costs of raw materials and other supplies and create cost-benefit analyses to aid the management in decision making.
•    Develop financial models to forecast future expenses based on trends and operational changes.
•    Assist in the preparation of business cases for acquisition of equipment and track and report the outcomes against the business case.
•    Evaluate and recommend changes to the company’s processes and policies to reduce costs and maximize profit.