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Our client is looking to recruit an accountant who will be responsible for analyzing financial information to inform the business strategy, forecast, collect, maintain and provide accurate data and information to support management in making strategic business decisions, as well as bridge the gap between finance and organization’s operations.
Accounting Job 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 raw material purchases, 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
- Analyze changes in product design, raw materials and manufacturing methods to determine effects on costs.
- 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
- Participate in Work-In-Process, Engineering Stocks and Finished Stocks periodic stock take exercises verification of fixed assets and project evaluations; Overseeing inventory checks, obviously maintaining accurate accounts for Raw Materials/WIP/Finished Goods, Labor, Shipping, Customs & Duties, Overhead and everything else that goes into COGS.
- Ensure timely submission, accuracy and validity of inventory and gross margin schedules to management.
- Prepare collateral reporting.
- Participate in TREO processing and liaison with Customs & Clearing agents for imports.
- Coordinate with IT department for system issues, maintenance and development on functions such as production, purchasing, import/ export, accounts payable, accounts receivable, import/ export IT, receiving, shipping and others.
- 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.
Qualifications for the Accounting Job
- Bachelor’s degree in Accounting/ Business/ Finance or equivalent is mandatory
- Minimum 6 years’ experience in manufacturing industry mostly handling cost
- Candidates must possess CIMA/ CPA(K)/ACCA qualification or equivalent
- High numeric abilities
- Advanced computer skills
- Advanced working knowledge of SAP ERP
- Other Desirable Attributes
- Must demonstrate people management abilities.
- Has ability to identify drivers of an issue and apply creative thinking in identifying and resolving opportunities.
- Prior Financial Accounting and/or internal control framework experience is a plus for proper understanding of manufacturing 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.
If you meet the above qualifications, kindly send your CV to [email protected] with “management accountant” as the subject on or before 27th September 2017.
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