Head of Costing Jobs in Nairobi, Kenya

Head of Costing Jobs in Nairobi, Kenya

Job Purpose:

  • You will be responsible for maintaining accurate process cost information, reconciliation of standard costs to actual costs, maintenance of perpetual inventory system, participating in the month end close and budgeting process, and supporting the Head of Finance with day-to-day operations and reporting requirements.

  • This position will be responsible for developing/maintaining an effective cost accounting system to reduce cost and improve overall profitability.

    Key Responsibilities

  • Responsible for all manufacturing cost accounting related activities: month end close, standard cost setting, labor & Overhead absorption, inventory management, freight and duty tracking and monitoring.

  • Work closely and partner with the supply chain team to set specific DOI targets to minimize inventory on hand and mitigate E&O risks.

  • Drive operational improvements and efficiencies on labor & overhead burden to improve business profitability.

  • Work with inventory control team and internal audit team to monitor, track and improve the cycle count process and inventory accuracy.

  • Perform variance analysis such as purchase price to cost variance, cost revaluation, invoice to PO price variances and work order variances.

  • Partner with the production team to ensure Bill of Material accuracy including knowledge of cost reduction impact on financials.

  • Ensure process integrity within Manufacturing, Intercompany, and Inventory while working with cross-functional peers to resolve process issues.

  • Maintain phenomenal relationships with business partners and accounting peers to address information reporting needs.

  • Prepare accounting schedules routinely and as requested for internal and external reporting requirements.

  • Document controls, processes and procedures related to manufacturing accounting and ensure compliance

  • Assist with and ensure successful quarterly and year end audits

  • Lead the cost accounting team in the factory with potential increased responsibilities

    Skills & Qualifications

  • Bachelor’s degree in accounting or related field (or equivalent), ideally from a recognized university.

  • CPA or MBA preferred.

  • Minimum 7-9
    years’ experience in accounting preferably in a large manufacturing environment with evidence of exceptional ability (Experience in the FMCG industry is a significant advantage and will be preferred).

  • Ability to understand the manufacturing environment and the associated financial processes; Knowledge of supply chain, receiving, inventory flow, operations process and manufacturing principles.

  • Strong ability to assess problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem.

  • Ability to effectively analyze transactional level detail in an enterprise resource planning system and articulate the key findings to management.

  • Strong business skills and effective understanding of financial, distribution and manufacturing systems.

  • Must be able to collaborate and build positive relationships with other teams within Finance as well as cross-functionally outside Finance to effectively make recommendations, implement process improvements, etc.

  • Action-oriented and solution-driven with the ability to thrive in a fast paced environment.

  • Analytically solid with the desire and competency to come up with out-of-the-box ideas to resolve complex manufacturing accounting challenges.

  • Great vision to provide insight and foresight to the management team and turn analytical to corrective actions.

    How to Apply:

  • Qualified & Interested candidates should send their application along with detailed CV indicating their daytime contact details to

  • vacancies@gaprecruitment.co.ke by Wednesday 24th November 2021.

  • The subject of the email should be Head of Costing – Manufacturing.

    Find jobs in Kenya. Jobs - Kenya jobs. Search our career portal & find the latest Kenyan job positions, career opportunities & jobs in Kenya.

    Jobs in Kenya - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Kenya.

    Find your dream job from 1000s of vacancies in Kenya posted and updated daily - click here!

  • Click here to post comments

    Join in and write your own page! It's easy to do. How? Simply click here to return to African Jobs.