Key ResponsibilitiesCoordinating 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 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 costsAdvising on product profitability and pricing structures, evaluating sanctions and monitoring contract prices renewalsPerforms various cost analysis procedures and perform cost allocations for distribution and manufacturingPrepare, 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 ControlReview 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 principlesEnsure timely submission, accuracy and validity of inventory and gross margin schedules to management.Prepare collateral reporting.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.Skill & ExperienceBachelor's degree in Accounting/ Business/ Finance or equivalent is mandatoryMinimum 3 years of experience mostly handling costCandidates must possess CIMA/ CPA(K)/ACCA qualification or equivalentHigh numeric abilitiesAdvanced computer skillsOther Desirable AttributesPrior Financial Accounting and/or internal control framework experience is a plus for proper understanding of 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.
