Reeds Africa Inventory and Cost Accountant Jobs in Kenya

Reeds Africa Inventory and Cost Accountant Jobs in Kenya

  • Our client dealing with manufacturing of food products is looking to hire an Inventory and Cost accountant.

    Job Purpose

  • The ideal candidate will be responsible for accounting and reconciliation of inventory, timely identification and resolution of inventory discrepancies as well as perform physical inventories checks

    Main Tasks and Responsibilities

  • Records cost information for use in controlling expenditures.

  • Prepares estimates of new and proposed product or service costs.

  • Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.

  • Develop and maintain standard costs of finished goods and production components in a worldwide ERP system.

  • Maintain and improve processes and controls associated with manufacturing costs and inventory valuation.

  • Lead and manage the quarterly excess and obsolete inventory review process.

  • Ensure validity and accuracy of ERP through analysis, internal audit, and coordination with inventory control, production and work order processing.

  • Assist in developing and documenting policies and procedures, including system requirements and internal controls.

  • Analyze operational and/or inventory control practices and make recommendations on profit improvement steps.

  • Ensure accuracy of the physical inventory, at all stages in all locations, and reported results. Investigate and explain variances.

  • Effectively work with production, sales, quality assurance and accounting department in setting standards and practices that ensure proper and correct costs and inventory levels.

  • Ensure that all cost-related files are maintained in an
    orderly and timely fashion.

  • Prepares departmental actual vs. budget reports & research variances.

  • Create and analyze monthly, quarterly and annual reports, providing analytical review of information in clear and concise format for various stakeholders.

  • Assist in monthly financial operations review, identify trends and collaborate with members of accounting to ensure alignment with Company goals.

    Skills and Qualifications

  • Bachelor's Degree in Accounting / CPA or MBA preferred

  • At least 5 years’ experience, 3+ years of Cost Accounting, Variance Analysis, and LIFO experience for a manufacturer

  • Food industry experience is a Must.

  • Fully qualified accountant – CPA(K)/ACCA

  • Experience setting standards in an ERP system (SAP preferred)

  • Proficient in Microsoft Excel

  • Highly analytical with an inquisitive nature to challenge peers

  • Strong detail orientation and desire to meet monthly deadlines and goals

  • Organizational, interpersonal and written & oral communication skills

    How to Apply

    For more information and job application details, see; Reeds Africa Inventory and Cost Accountant Jobs in Kenya

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