Accountant Job in Nairobi

Our client, a retail and distribution company, is looking for a competent Inventory and Cost Accountant to join their team.

Location: Ngong road, Nairobi
Job Profile: This position is responsible for accounting and reconciliation of inventory, timely identification and resolution of inventory discrepancies as well as performing physical inventories.
Key Responsibilities & Duties

·         Devise ways to optimize inventory control policies
·         Enforce compliance with company’s inventory policies and operational guidelines
·         Conduct inventory control audits, variance analysis, store returns and physical inventory count reconciliations
·         Ensure product stock is adequate for all distribution channels
·         Record daily deliveries and shipments to reconcile inventory
·         Partner with management to place orders to replenish stock avoiding insufficiencies or excessive surplus
·         Collaborate with warehouse employees and other staff to ensure business goals are met
·         Report to management on stock levels, issues etc.
·         Evaluate performance using key metrics and address issues to improve it
·         Develop exit strategies for unsuccessful products
Data & Financial Analysis
·         Reconcile inventory accounts to the general ledger
·         Regulary develop inventory analysis reports and analyze variances
·         Monitor purchase cost to determine price and desired profit margins
·         Diagnose the cause of inventory discrepancies/variances
·         Analyze data to anticipate future needs
·         Undertake sound financial management to ensure the company is profitable and stays within budget
·         Report to senior executives on progress and issues
·         Identify customer preferences and forecast consumer trends

·         Assist upper management in buying decisions
·         Negotiate terms of agreements to achieve the best deal for the company
·         Monitor stock levels and make plans for buying within budget
·         Create reports on sales and budgets and adjust strategies accordingly
·         Make forecasts for product demand to ensure the sustainability of inventory
Stores Management
·         Enforce compliance with company’s inventory policies and operational guidelines
·         Forge and maintain trust relationships with vendors to promote fair dealing
·         Place appropriate orders to ensure product availability that meets consumer demands
·         Liaise with marketing teams to determine competitive pricing and promotional activities of a product category
·         Minimum of 4 years experience as a Cost Accountant, Cost Analyst, Inventory Manager or similar role
·         Understanding of GAAP in relation to inventory
·         Excellent knowledge of data analysis and forecasting methods
·         Ability to accurately track inventory and create reports
·         Strong business acumen with a strategic orientation
·         Knowledge of inventory performance evaluation metrics and principles
·         Up to speed with purchasing best practices
·         Demonstrable aptitude in effective negotiating
·         An analytical mind with strong math skills
·         Excellent organizational and planning skills
·         Proficient in MS Office; working knowledge of Sage is an advantage
·         Exceptional communication and interpersonal abilities
·         Reliable and trustworthy
Deadline: Interested parties should send their online applications on or before 3rd June 2020
Correspondence: Applications and detailed CV to be submitted online at
Applications not meeting minimum requirements will not be considered.
Only shortlisted candidates will be contacted.