Reports to: Group Inventory Manager,
Direct
Reports: Inventory Officers,
Location:
Sultan Hamud,
Gross
Salary: Kshs 80-150K
Our
client is a leading manufacturer and producer of premium quality, aluminum
beverage cans seeking to hire a to hire a Cost Accountant who will ensure accurate product costing, inventory
valuation and variance analysis while providing management with reliable cost
data and information that aid informed decision making.
Key Responsibilities:
Cost Analysis and Management
- Participates in month-end closing activities
including analysis of COGM, COGS and inventory journal entries and
reconciliations.
- Conducts month-end stock taking exercise of all
inventory items and generate variance report.
- Provides support to operation team in the
analysis of materials usage variances.
- Creates and maintain cost estimates for finished
and semi-finished goods in SAP.
- Make use of physical inventory process in SAP to
update stock variance after approval.
- Partners with financial planning and analysis
and operations teams to coordinate budgeting and forecasting, including
materials, labour and overhead expense forecasting, standard cost setting,
etc.
- Reconciles daily production and materials usage
variance with production, QC and planning team.
- Assists in setting up yearly standard costs
estimates including material, labour and overhead rates.
- Review actual overhead absorbed into finished
products and compare with planned overhead monthly.
- Evaluates and compares standard costs with
actual costs in SAP to ensure accuracy of the data.
- Monitors price and production variances and
proposes standard cost updates.
- Maintains and improves processes and controls
associated with manufacturing costs and inventory valuation
- Carry out cost roll-up whenever the bill of
materials is updated, new products are introduced or when there is a
change in the components of the bills of materials.
- Monitors all inventory prices in the material
ledger and reports any abnormality.
- Prepares maintenance cost analysis report
monthly.
- Other tasks as may be assigned.
Inventory
Management
- Analyses inventory valuation and inventory cost
roll up
- Oversees cycle counting process and drives
physical inventory process.
Record
Keeping and Reporting
- Prepares materials usage variance report with
reasons for the variances.
- Prepares inventory schedules monthly
- Prepare spoilage report monthly
- Prepares maintenance cost analysis reports
Integrated
Management System
- Documents, implements and maintains the
requirements of the Quality, Food Safety, Environment, Health and Safety
management systems.
Qualifications:
- Minimum of a
degree in Accounting, Finance, Economics or any related discipline
- Relevant
professional certifications e.g. Chartered Financial Analyst (CFA),
Certified Public Accountants of Kenya(CPA-K), Association of Certified and
Chartered Accountants (ACCA) or its equivalent is required
- MBA or a
Masters’ in related discipline will be an added advantage
- Minimum of 5 years’ experience in a similar role
within the manufacturing industry.
- Excellent communication and organizational
abilities.
- Proficiency in ERP systems and Microsoft Office
Suite.
- Highly organized, attention to details and keen
tracking of issues.
- Good management skills to work with and develop
subordinates.
- Person of integrity.
- Ability to meet deadlines with timely updates on
progress.
How to Apply
If you
are up to the challenge and possess the necessary qualifications and
experience, please send your CV only quoting the job title on the email subject
(Cost Accountant) to vacancies@corporatestaffing.co.ke before 13th
October 2025
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