Cost Analyst

Location
Nairobi, Kenya
Salary
45,000 - 60,000
Posted
16 Sep 2020
Closes
02 Nov 2020
Ref
517730693
Job role
Accountant
Experience level
Qualified accountant
We are looking for a cost analyst to help us audit our expenses and find ways to make our operations more cost-efficient.
  • Minimum Qualification: Bachelor
  • Experience Level: Mid level
  • Experience Length: 2 years


Job Description

You'll be the go-to person for cost analysis and you'll get to prepare reports to help management make better decisions. To do this job well, we'd like you to be well-versed in data and financial analysis, and have strong attention to detail.
Ultimately, your job will be an integral part of our efforts to ensure profitability and business success.

Responsibilities
• Gather and analyze financial data
• Determine standard costs and investigate variances with actual costs
• Prepare detailed reports, both periodically and ad-hoc
• Help management make important decisions based on costs and benefits (e.g. investments, market growth, pricing changes)
• Create and manage budgets, and monitor spending
• Conduct audits on financial processes and transactions
• Monitor changes in processes or methods to calculate effects on overall costs
• Estimate product costs for existing and new products
• Forecast and analyze costs of processes, labor and inventory
• Suggest cost-reducing or profitable solutions
• Conduct market research to support future business planning

Requirements
• Proven experience as a cost analyst, cost specialist or similar role
• Experience in data, operational and financial analysis
• Knowledge of accounting processes and software
• Strong analytical skills
• A business acumen
• Great attention to detail
• Good communication aptitude
• Degree in Finance, Accounting or similar field; Certified Public Accountant (CPA) preferred