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Requirements
- Bachelor’s degree in finance, accounting or a Business-related field from a recognized University.
- Recognized professional certificate in accounting such as CPA (K), ACCA or CIMA equivalents.
- A minimum of 5 years’ experience in a similar role in FMCG or experience in a reputable audit firm.
- Member of The Institute of Certified Public Accountants of Kenya (ICPAK).
- Proven track record in conducting cost analysis, budgeting, and financial modelling.
- Outstanding business acumen, knowledge of accounting processes and attention to detail to ensure the integrity of financial reports and analysis.
- Excellent data analysis and reporting skills.
Responsibilities
- Monitor and analyze unit cost variance and purchase price variances and make recommendations for remedial actions.
- Prepare monthly profit and loss reports for all markets and market segments as required.
- Oversee inventories count process, prepare monthly inventory movement and valuation reports, audit and adjust inventory variances and share the stock take reports with management.
- Develop and recommend pricing strategies to optimize profit margins while staying competitive.
- Proactively monitor market prices and cost movements and recommend products price reviews.
- Make accurate budgets and estimates while accounting for upcoming financial needs and trends that may have an impact on expenditure.
- Collaborate with other teams to develop and implement cost management initiatives that complement the objectives of the business.
- Maintain system price lists/ generate price lists & costing for all products.
- Spearhead the conception and implementation of continual improvement initiatives to increase cash flow to the business i.e. through the review of policies and procedures.
- Analyze costs of raw materials and other supplies and create cost-benefit analyses to aid the management in decision making.
- Develop financial models to forecast future expenses based on trends and operational changes.
- Assist in the preparation of business cases for acquisition of equipment and track and report the outcomes against the business case.
- Evaluate and recommend changes to the company’s processes and policies to reduce costs and maximize profit.
