Management Accountant Career in Kenya

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Management Accountant Career in Kenya

Vacancy: Management Accountant
Summary Role Profile: The management Accountant will assist in meeting our client’s Financial reporting standards by providing timely information to management and monthly management Accounts i.e. Statement of Comprehensive Income, Statement of Financial Position and Budget score-carding.

He/She will be expected to play a critical role and get into the financial detail behind Supply Chain Operations, Sales & Marketing Return on investments (ROI), Pricing and margin analysis and Total cost of ownership. 

Key Responsibilities
  • Preparation of financial information, including the monthly management accounts, internal reporting packs, KPIs and ad-hoc financial analysis as required.
  • Reporting of key cost drivers including Productivity, Absorption Pricing Strategy, COGS and Inventory to the COO on a daily/weekly/monthly basis.
  • Input into forecasting, budget and long-term financial planning to ensure alignment with overall strategy; monthly/quarterly and Annual targets.
  • Ensure inventory is valued correctly and in line with corporate policies, including adequate physical control of inventory through cycle count policies and procedures.
  • Conduct review of pricing Strategy i.e. price setting, architecture, mark-downs and discount management for all products across the Animal Feeds, Fertilizer, Agro-Chemicals, Minerals & Supplements, Seeds, Farm Tools and Vet Products.
  • Responsibility for working capital reporting which includes: Reporting of spend by type, vendor against forecast and budget, analysis of the efficiency of our capital spend and reporting of the resulting return on investment.
  • Preparation of the monthly headcount and staff cost analysis with detailed reconciliations against budget forecasts and statutory compliance.
  • Manage the Accounts Receivable Portfolio in liaison with the Credit Controller through timely collection follow-up with Franchise customers and enhancement of cash flow within established zero days sales outstanding (DSO).
  • Play a key role in the delivery of Cost Reduction targets by working closely with Supply Chain and Retail functions to understand Business Unit and Product Line productivity improvements and validate cost reduction opportunities.
  • Drive adherence to International Financial Reporting Standards (IFRS), including data integrity metrics and develop the financial knowledge of Accountants & Business Partners through engagement and training.
  • Drive Sage Pastel ERP process changes in the Integrated Finance Modules to maximize the provision of timely and relevant information to key Business owners.
  • A member of the Executive Management Committee, you will participate in cross functional process improvement initiatives and actively contribute as part of the Finance Team in setting and achieving Strategic Objectives.
Required Knowledge, Education & Experience
  • Bachelor’s Degree in Finance and/or Accounting and must be a Qualified Accountant with CPA(K)
  • 5+ years Commercial Experience in Finance Process Improvements and Integration(Revenues of $1m+).
  • Computer literacy with working knowledge of Accounting ERP Systems.
  • Highly analytical, organized, conscientious with high attention to detail.
Key Performance Indicators
  • Generate Statement of Comprehensive income(P&L) by 4 Day of the month
  • Generate Statement of Financial Position(Balance Sheet) by 4 Day of the month
  • Generate Statement of Cash flow by 4 Day of the month
  • Weekly Bank Reconciliations, Debtors & Creditors Aging by 4 Day of the Month
How to Apply 

CLICK HERE to apply online

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