Senior Accountant at Mzuri Sweets Ltd

  • Full Time
  • Nairobi

Mzuri Sweets Ltd

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).

Method of Application

To apply for this position, kindly forward your updated CV to: not later than Saturday, 4th May 2024.

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