Job Title: Cost Accountant
Job Location: Optiven
Business Centre – Acacia Junction in Kitengela
Job Overview:
We are looking for an experienced Cost Accountant to join our organization. The successful candidate will be responsible for performing cost analyses, determine costs of manufacturing, scrutinizing associated company expenses and preparing budget reports.
S/he should possess
excellent analytical skills along with the ability to combine different data
and calculate profit margins. Our ideal candidate should also be able to create
detailed reports that present cost-effective solutions for our company.
Ultimately, s/he should
build updated databases and manage cost information to maximize profitability
for our company.
Duties and
responsibilities:
- Collect cost information and maintain an expenses
database.
- Construct data accumulation systems, analyze cost
accounting data and assist with cycle count/physical inventories.
- Assist in month-end closing, prepare journal
entries as necessary, and analyze inventory evaluation, inventory roll
forward.
- Determine and calculate formulas for fixed and
variable costs, such as purchases of raw materials and operations costs.
- Review receipts and compare with actual charges to
detect inaccuracies.
- Maintain internal control documentation and test
internal controls.
- Plan budgets and prepare reports for each
department within the company.
- Prepare (monthly, quarterly and annual) cost
forecasts.
- Prepare detailed account analysis and reconcile
sales, manufacturing costs and inventory, liability accounts within the
company.
- Prepare, analyze and report weekly, monthly,
quarterly gross margin analysis by brand by customer type and also trends
of highs and lows.
- Review and analyze inventory and margin reports,
conduct research and perform analytical studies in regards to cost
analyses and profitability.
- Support and assist internal department reporting
requirements such as audit schedules, tax schedules and others.
- Analyze month-end and year-end reports to identify
and recommend cost-effective improvements
- Ensure timely submission, accuracy and validity of
inventory, gross margin schedules to management.
- Perform other duties as may be assigned from time
to time.
Required qualifications.
- Bachelor’s degree in Accounting or Finance.
- Must be a CPA-K and a member of a professional body.
- Must have at least 4 years’ working experience
from construction or manufacturing sector as cost accountant, cost
Analyst, etc.
- Demonstrated in depth understanding of Generally
Accepted Accounting Principles (GAAP) and cost accounting standards.
- Thorough knowledge of accounting procedures.
- Expertise in activity-based costing for fixed and
variable costs in relation to the overall direct cost of a line of
products
- Familiarity with accounting software programs,
such as QuickBooks, Sage, etc.
- Proficiency in Excel and Microsoft Office
products.
- Must be above 30 years of age
- Excellent analytical skills with an attention to
detail
- Ability to research, compile, analyze and
interpret data
- Good written, verbal communication and
collaborative skills
- Ability to analyze and reconcile complex accounts
and reserves
- Ability to work independently under minimal
supervision.
- Strong organizational and communicational skills.
- Must possess excellent reporting skills
- Must be a team player.
- Proven time management skills and ability to work
under strict deadlines
- Integrity, with an ability to handle confidential
information
- Professionalism
Applications:
If you believe you have
high performance culture, positive mental attitude and are self-driven, then
send your resume to https://optivenjobapi.optiven.co.ke/optivenJobAPI/public/ on or before 21st November
2020 with the Title: Cost Accountant.
NB: We do not charge for
job applications and interviews. Canvassing will lead to automatic
disqualification.