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Accountant Job in Kenya

Job Vacancy: Intercompany Accountant
We are a Feeds Manufacturing Company seeking to employ a qualified accountant to take up cost, intercompany, and inventory accounting functions.
The incumbent will execute these key functions to ensure effectiveness and efficiency of the organization through excellent accounting.
Cost Accountant Functions;

·         Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor.
·         Analyzing data collected and recording results
·         Analyzing changes in product formulation, raw materials, manufacturing methods or services provided, to determine effects on cost
·         Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
·         Recording cost information for use in controlling expenditures
·         Analyzing audits of different suppliers RM costs and preparing reports
·         Making estimates of new and proposed product costs
·         Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
·         Maintaining Cost Accounting System
·         Assisting in Month end close of the General Ledger
·         Conducts physical inventories and monitors cycle count program
·         Reconciles finished goods inventories
Intercompany Accounting Functions
·         Daily Monitoring of intercompany transactions and processes and briefing the management every morning on the progress.
·         Perform account reconciliations in all system journals and research on the discrepancies between the parent company and the branch/depots.
·         Ensure the accurate and timely recording and closure of any intercompany activities, including current, long-term and investment / equity based entries.
·         Record, classify, and summarize financial transactions and events in accordance with generally accepted accounting principles.
·         Perform internal controls on intercompany process to ensure requirements are met.
·         Assist with improvement of general operation activities
·         Reconcile all intercompany transactions between affiliates.
·         Drive process to get to zero differences/variances.
Inventory Accounting Functions
·         Assist in establishing and implementing inventory policies and procedures
·         Report shortfalls and surplus inventory weekly and monthly for replenishment
·         To ensure effective liaison between the supply chain management team, audit, user departments and the finance department on matters relating to inventory management
·         Prepare and distribute daily, weekly, monthly and ad-hoc inventory levels and consumption reports to all the relevant departments
·         Handle goods returns by adjusting the stock item out of the vendors account and printing the adjusted vendors invoice and passing same to the storekeeper and the accounts payable accountant
·         Perform margin analysis by SKU, category and by branch
·         Responsible for communicating with all department managers and purchasing on inventory levels and locations
·         Alert management on bad stock management practices noticed and initiate actions to mitigate possible losses
·         Ensure proper, accurate, timely and relevant financial records are maintained
·         Maintain and update the inventory data base of the company
·         Ensure that there are duly authorized documentary approvals for every data that is to be entered into the inventory data base
·         Ensure that goods received by warehouse are matched with the actual invoices from the suppliers in the ERP system
·         Coordinate with warehouse team to implement and ensure control system to reduce damage, breakage and inventory obsolescence
·         Assist other functional units within the Finance team in carrying out jobs as and when required by the management
·         Maintain acceptable and accurate inventory levels at warehouse and retail outlets
·         Support annual physical inventory process across branch network
·         Work closely with Purchasing department, Warehousing Operations, and Branch management to assure proper inventory control and accounting practices
·         Support the Company budgeting process with account analysis
·         Coordinate with accounting to ensure that all product costs are properly taken in the cost of sales and inventory costs
Desired Skills & Experience
·         Bachelor’s degree in Accounting with 5 years relevant experience
·         In-depth experience in cost and inventory accounting will be a plus
·         Ability to handle people, processes and products
·         Excellent organizational skills
·         High standard of attention to detail
·         Good problem solving and decision making skills
·         Good negotiation and persuasion skills
·         Strong proficiency in the use of Microsoft Office Suite
·         Sound analytical and strategic thinking skills
·         Influential leadership, managerial and communications skills
·         Innovative and forward thinking, with a track record of executing new ideas
·         An understanding of GAAP in relation to inventory
·         Familiar with the Group’s ERP
·         A member of a professional body
How to Apply
All applications should reach the HR Manager ( on or before 23-05-2017.
Canvassing will lead to automatic disqualification.
Only shortlisted candidates will be contacted.

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