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Mzuri Sweets Ltd
CLOSEDSenior Accountant
Nairobi, Kenya
Closing: May 4, 2024
This position has expiredPublished: Apr 19, 2024 (2 months ago)
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Job Summary
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Desirable Qualification & Experience.
- Either Bachelor’s degree in Accounting, Finance, Business Administration, Economics or related field of study. CPA finalist or ACCA. Minimum 7 years’ experience and at least 3 years in supervisory role. Strong experience of cost accounting in a manufacturing environment
- (Experience in the Food Manufacturing & Confectionery industry is an added advantage).
Responsibilities
Desirable Qualification & Experience.
- Either Bachelor’s degree in Accounting, Finance, Business Administration, Economics or related field of study. CPA finalist or ACCA. Minimum 7 years’ experience and at least 3 years in supervisory role. Strong experience of cost accounting in a manufacturing environment
- (Experience in the Food Manufacturing & Confectionery industry is an added advantage).
- Assisting in the improvement in internal controls related to inventory
- Verifying accurate standard costs
- Reconciling inventory accounts to the general ledger
- Supervision of physical stock take, to ensure correct and accurate information is posted to the system.
- Analysis of variances and recommending write-offs where necessary.
- Computation of material usage variances, labour variances & overhead variances.
- Reconciliation of factory general ledger Accounts, analysing and reviewing factory budgeted costs
- New product costing
- Handling key factory reports i.e. monthly, Quarterly and Annual reports among others
- Setting accounting standards used in valuation of our products.
- Analysing production data to come up with standards to be used by the organization in its cost centres.
- Reviewing costs of different products in case of any variances in unit costs
- Ensure accurate and up-to-date information on quantities, locations, and product details by segregating stocks meant market and stocks held for reprocessing.
- Maintain accurate records of all inventory-related activities, including receipts, transfers, and shipments.
- Collaborate with various teams such as production, warehouse, sales and finance to ensure smooth inventory operations
- Investigating, addressing and escalating any stock discrepancies.
- Prepare stock holding report on daily basis giving insights on the stock balances including expiries.
- Contribute insights to optimize inventory levels and prevent overstocking or stock outs.
- Generating International POs and posting GRNs in SAP.
- Generating costing templates and ensuring accurate computation of landed cost for imported goods.
- Bill of material costing.
- Product costing and pricing of finished products, bulk items and pre-packs.
- Preparation of monthly material usage variance for production by ensuring compliance with bill of materials.
- Perform overhead allocations for products for proper product costing and pricing.
- Updating changes of product prices in the system and conducting pricelist and item group discounts audits.
- Price alignments of all SKUs for related category item groups and brands.
- Maintenance of item master data in the system.
- Monitoring slow moving goods and communicating the same to the marketing and sales team for a better market strategy.
- Monitoring stock expiries and run offer pricing for the goods nearing expiry in order to accelerate clear stocks.
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