Production Cost Accountant

Reports to: Country FM production manager

Responsibilities

• Cost Management of all SKUs in accordance to the approved budget.
• Define & Submit cost moderating options to preseve product margins in alignment to the budget.
• Ensure all product specifications as definied by quality standards in regards to product weight & Production Output.
• Analyze daily OEE of all work centres and escalate to concerned stakeholders in case of any deviations greater than 1%.
• Analyze repair & maintenance costs for all work centres & escalate any costs greater than the budget numbers.
• Determine product costs in alignment to the BOM.
• Ensuring raw materials are received in system and landed cost absorbs to the cost of raw materials.
• Responsible to check and reconcile manufacturing variances and yields analysis and interpretation of cost variances on a monthly basis.
• Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs.
• Prepare annual budgets and quarterly rolling estimates.
• Support external and internal audits and ensure effective implementation of audit recommendations.
• Monthly reconciliations of costs of manufacturing.

Candidate Requirements

• Bachelor’s Degree in Commerce (Accounting/Finance Option), Business Management (Accounting/Finance Option), Economics, or equivalent qualification from a recognized Institution.
• Qualified Accountant (CPA (K), ACCA, or equivalent) are a mandatory requirement.
• Be registered with a professional body such as ICPAK, ACCA.

Functional skills.

• Ability to take decisions within company procedures and policies as well the accountability that comes with it.
• Multiskilled with ability to work across the other roles in operations.
• Willingness to take on additional responsibilities as and when required.
• Ability and willingness to continuously learn and improve personal competence is essential.

Knowledge and Experience.

• At least 3 years of cost accounting in a busy Manufacturing/FMCG environment.
• In depth understanding of manufacturing/FMCG processes
• Demonstrated professional competence and administrative capability as reflected in work performance and results
• Strong financial and accounting knowledge (IFRS)
• Strong consolidation of knowledge and experience
• Financial analysis experience
• Good knowledge of any accounting ERP.

How to apply:

• If interested, submit your updated CV online.