Summary: Our
client Hotpoint Appliances Ltd has been around since 1984 and distributes some
of the leading global brand such as LG Electronics, Westpoint, Ariston and
Kenwood.
Through strong supplier partnerships,
they have a promise to provide customers with quality products featuring the
latest technology, while offering unparalleled after-sales service.
As a result of this expansion they
are seeing to fill the position of a Management
Accountant who will report and work very closely with the
Financial Controller in delivering set company objectives.
Duties and Responsibilities:
- Continuously monitors imports costs, ensuring
that imported products are correctly valued, and suggests ways of reducing
costs.
- Assists management in negotiating factory
prices, freight rates, marine insurance premiums and clearing &
forwarding charges and transport costs.
- Assists Imports Department in making claims
for goods lost or damaged in transit. Monitors payment of all marine
claims.
- Ensures that direct costs are correctly
charged to departments and profit/cost centres.
- Ensures that overheads are rationally
allocated to departments and profit/ cost centres.
- Prepares costs reports as required by the
management and heads of departments.
- Ensures that cost of repairs against product
warranties are properly captured and recovered from suppliers (where
appropriate) and unrecovered costs are correctly allocated to departments
and profit centres.
- Ensures that materials and direct costs of
specific jobs (contracts HVAC) are properly allocated and overheads are
rationally allocated to jobs.
- Ensuring that work in progress is correctly
valued.
- Prepares profit (and loss accounts for each
job to ensure such that the progress of all ongoing jobs are monitored and
assists management in taking corrective action where red flags appear.
- Ensures that jobs are properly closed
and the profit or loss on each job is clearly known.
- Works closely with marketing and other
departments in setting up recommended retail prices, discounts, etc.
- Work closely with marketing, HR and other
departments in developing staff incentive and bonus systems to ensure that
extra effort is rationally rewarded.
- Continuously monitors incentive schemes and
calculates incentive payments to be made to individuals.
- Prepares monthly/quarterly/yearly profit
statements by product, by group, etc. as required by heads of
departments.
- Analyses figures, makes interpretations and
gives suggestions on improving margins/profit.
- Prepares reports of back office costs and
recommending ways of cutting overhead costs, bank charges and interest
costs.
- Assists the Financial Controller in
preparation of annual budgets and preparing quarterly budgets
- Suggests business strategies to generate
shareholder value
Education and Qualifications:
- Bachelors Degree or diploma in Accounting
- Qualifications in ACCA,CPA or ACMA
- Minimum 3 years’ experience in an senior
accounting position with a
- Commercial organisation
- Experience in preparing financial reports for
management.
- Experience in providing statistical/financial
information to heads of departments - to enable them make timely and well
informed decisions
- Experience in working with External Auditors
- Experience in budget preparations and
reporting on variances
- Some experience/knowledge of Customs and
Shipping procedures
- Some experience/knowledge in supply chain
management
- Experience in developing staff incentive
schemes and administering schemes
- Experience in Cost and Management Accounting
Skills Required:
- IT literate and fully conversant with high end
ERP systems
- Able to work in a team environment
- Have analytical problem solving skills
- Ability to evaluate alternatives and make
recommendations to management on business issues
- Have good written and verbal communications
skills
How to Apply:
Send your application including a
cover letter indicating your desire to work with our client; a detailed CV
highlighting relevant experience, details of current and expected salary, a
daytime phone contact, email address, and the names of three professional
referees by close of business Friday 31st July 2015
Adept Systems
Management Consultants
P O Box 6416, Nairobi, GPO 00100
Kenya
Email: recruit@adeptsystems.co.ke
Only short listed candidates will be contacted.
Please note that we do not charge
fees for receiving or processing job applications.
