Job Title: Senior Accountant
Hiring Organization: Mzuri
Sweets Ltd
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Manufacturing
Job Type: Full
Time
Salary: KES
Date Posted: 04/17/2024
About
Mzuri Sweets Ltd
Mzuri Sweets Ltd has been proudly family owned for over 23 years.
We have inherited positive values that forms the ethos of our company and we
live by the motto that the livelihood of our much loved and dedicated staff
should never stop. Our catalogue is segmented across 5 product categories:
bubble gum, Lollipops, Ball Gum, Candies and Toffee. Our extensive product
portfolio contains more than 30 products spread across 5 categories, led by
signature brands including Bigg Daddy, Gomba, Mr. Berry’s, Mambo, Bigg Boss and
Toffee & Co.
Duties and Responsibilities
- Assisting in the
improvement in internal controls related to inventory
- Verifying
accurate standard costs
- Reconciling
inventory accounts to the general ledger
- Supervision of
physical stock take, to ensure correct and accurate information is posted
to the system.
- Analysis of
variances and recommending write-offs where necessary.
- Computation of
material usage variances, labour variances & overhead variances.
- Reconciliation
of factory general ledger Accounts, analysing and reviewing factory
budgeted costs
- New product
costing
- Handling key
factory reports i.e. monthly, Quarterly and Annual reports among others
- Setting
accounting standards used in valuation of our products.
- Analysing
production data to come up with standards to be used by the organization
in its cost centres.
- Reviewing costs
of different products in case of any variances in unit costs
- Ensure accurate
and up-to-date information on quantities, locations, and product details
by segregating stocks meant market and stocks held for reprocessing.
- Maintain
accurate records of all inventory-related activities, including receipts,
transfers, and shipments.
- Collaborate with
various teams such as production, warehouse, sales and finance to ensure
smooth inventory operations
- Investigating,
addressing and escalating any stock discrepancies.
- Prepare stock
holding report on daily basis giving insights on the stock balances
including expiries.
- Contribute
insights to optimize inventory levels and prevent overstocking or stock
outs.
- Generating
International POs and posting GRNs in SAP.
- Generating
costing templates and ensuring accurate computation of landed cost for
imported goods.
- Bill of material
costing.
- Product costing
and pricing of finished products, bulk items and pre-packs.
- Preparation of
monthly material usage variance for production by ensuring compliance with
bill of materials.
- Perform overhead
allocations for products for proper product costing and pricing.
- Updating changes
of product prices in the system and conducting pricelist and item group
discounts audits.
- Price alignments
of all SKUs for related category item groups and brands.
- Maintenance of
item master data in the system.
- Monitoring slow
moving goods and communicating the same to the marketing and sales team
for a better market strategy.
- Monitoring stock
expiries and run offer pricing for the goods nearing expiry in order to
accelerate clear stocks.
Desirable
Qualification & Experience.
- Either
Bachelor’s degree in Accounting, Finance, Business Administration,
Economics or related field of study. CPA finalist or ACCA. Minimum 7
years’ experience and at least 3 years in supervisory role. Strong
experience of cost accounting in a manufacturing environment
- (Experience in
the Food Manufacturing & Confectionery industry is an added
advantage).
How To
Apply
To apply for this position,
kindly forward your updated CV to: careers@mzurisweets.com
not later than Saturday, 4th May 2024.