We are currently seeking a highly motivated individual to join our team in this pivotal role, where you will be responsible for contributing to key initiatives and driving impactful results within our organization. The ideal candidate will possess a proven track record of success, along with the ability to collaborate effectively across departments to achieve shared objectives. Your expertise will be leveraged to fulfill critical responsibilities, while also meeting the established requirements of the position. This opportunity offers a dynamic work environment where innovation and professional growth are at the forefront, ensuring you can make meaningful strides in your career.
The Cost Accountant will oversee comprehensive cost management, analysis, and reporting informing strategic business decisions. This role will focus on delivering precise product, channel, and market costing while spearheading cost of goods sold (COGS) and margin evaluations. Collaboration with commercial teams will be essential to enhance profitability through rigorous cost control measures, pricing optimization, and variance assessments. Additionally, the position will bridge operational and sales data, converting these insights into clear, data-driven financial recommendations for leadership.
Oversee and execute a comprehensive range of duties and responsibilities encompassing project management, team coordination, and stakeholder communication to ensure operational efficiency and goal attainment. Lead cross-functional initiatives by delegating tasks, monitoring progress, and providing strategic direction to maintain alignment with organizational objectives. Facilitate collaboration among departments to streamline workflows, resolve conflicts, and enhance productivity. Prepare and present detailed reports on performance metrics, project milestones, and budgetary adherence to senior leadership and relevant stakeholders. Uphold compliance with company policies, industry regulations, and quality standards while fostering a culture of accountability and continuous improvement.
We are seeking a detail-oriented Costing & Unit Economics professional to analyze financial performance, assess cost structures, and optimize pricing strategies. The ideal candidate will leverage data-driven insights to evaluate profitability metrics, identify cost-saving opportunities, and enhance overall financial efficiency. Responsibilities include developing cost models, conducting variance analyzes, and collaborating with cross-functional teams to align financial objectives with business goals. Proficiency in financial modeling, Excel, and data visualization tools is essential, along with strong analytical and problem-solving skills. A background in finance, accounting, or a related field, coupled with experience in unit economics analysis, is required.
Prepare and refine unit economics for all Electric markets and sales channels, including PAGO, B2B, B2C, and country activations.
Develop and manage precise standard costs for every SKU and component within the Electric Business Unit to ensure financial accuracy and alignment with operational objectives.
Conduct comparative evaluations of standard versus actual costs and delineate the primary factors contributing to cost discrepancies.
Prepare comprehensive cost estimates for landed expenses, ongoing production, and market-specific expenditures associated with entering new markets and expanding product lines.
Responsible for producing comprehensive COGS (Cost of Goods Sold), COM (Cost of Manufacture), and inventory reports, this position plays a pivotal role in financial analysis and operational efficiency. The role demands expertise in data extraction, processing, and validation to ensure accuracy in financial statements and inventory valuations. Proficiency in ERP systems, advanced Excel, and financial reporting tools is required, along with the ability to interpret data trends to support strategic decision-making. Collaborating closely with cross-functional teams, the position ensures alignment between accounting practices and inventory management policies while maintaining compliance with regulatory standards. Strong analytical skills and meticulous attention to detail are essential to identify discrepancies and optimize reporting processes.
Compilation and submission of monthly and quarterly cost of goods sold (COGS) and cost of goods manufactured (COM) reports are required for leadership assessment.
Review inventory transactions, adjustments, valuations, and consumption data associated with Electric stoves to ensure accuracy and compliance with established standards.
Accurately calculate the costs associated with accessories, spare parts, and product configurations tailored to specific markets.
Examine historical and current data to identify cost trends in production and distribution, offering strategic recommendations to mitigate potential risks.
We are seeking a candidate proficient in budget preparation, financial forecasting, and variance analysis to ensure accurate financial planning and performance assessment. The ideal individual will have experience developing detailed budgets, projecting future financial trends, and analyzing discrepancies between actual and projected figures to identify key insights. Strong analytical skills and attention to detail are essential to evaluate financial data, assess performance against targets, and provide actionable recommendations for improvement. Familiarity with financial software and reporting tools is required to streamline processes and enhance accuracy in financial reporting.
Collaborate with Finance and Electric leadership to streamline the annual budgeting process and enhance the accuracy of monthly forecasting initiatives.
Examine cost variances across different countries, channels, product lines, and operational processes.
Monitor electric-related operational expenditures, logistics expenditures, distribution expenditures, warranty and service expenditures, and field-related expenses.
Compile comprehensive cost variance reports at both the country and channel levels, ensuring accuracy and thorough analysis of discrepancies between budgeted and actual expenditures.
Conducts in-depth evaluations of profitability metrics and delivers strategic cost insights to inform high-level decision-making processes. Analyzes financial data to identify trends, variances, and opportunities for optimization, ensuring alignment with organizational goals. Develops actionable recommendations to enhance cost efficiency, reduce expenditures, and maximize revenue potential across business segments. Collaborates with cross-functional teams to implement cost-saving initiatives and monitor their impact on financial performance.
Conduct comprehensive profitability and contribution margin assessments for every Electric market segment.
Develop comprehensive profitability analyses for each country, product line, and sales channel to inform strategic pricing and commercial decisions.
Deliver critical cost analysis and strategic recommendations to the Senior Director and Finance Director to facilitate expansion initiatives, pricing adjustments, product modifications, and operational strategy formulation.
Prepare essential costing inputs tailored for Electric leadership reviews and strategic planning cycles, ensuring they are complete and ready for decision-making purposes.
Provide assistance and guidance across every segment of the electric power industry.
Offer costing, pricing, analysis of profitability, and variance support across all Electric markets, including Kenya, Tanzania, Ghana, Nigeria, and additional future regions.
Verify country-specific cost inputs, including freight, warehousing, deployment, distribution, duties, and any changes to landed costs.
Collaborate with country teams to maintain uniform costing standards and provide accurate financial data.
Develop and refine unit economics and profitability models to accurately represent the distinct conditions of each market.
The role involves providing strategic support and acting as a trusted business partner to key stakeholders. This position requires close collaboration with senior leadership to drive organizational objectives and enhance operational effectiveness. Responsibilities include analyzing business performance, identifying growth opportunities, and developing actionable strategies to optimize processes. The ideal candidate should possess strong analytical skills, business acumen, and the ability to influence decision-making at all levels.
Provide strategic analytical support and financial expertise to the Senior Director – Electric Business, contributing to cost modelling, business case development, commercial strategy formulation, and informed expansion decisions.
Develop detailed cost analysis reports to support leadership presentations, pricing evaluations, and strategic market discussions.
Collaborate closely with Finance, Commercial, Supply Chain, and Operations teams to enhance financial decision-making processes throughout the Electric Business Unit.
Oversee the cost analysis processes for new product introductions, supplier conversion projects, and efficiency enhancement efforts.
Cost control and continuous improvement initiatives are essential for enhancing operational efficiency and driving sustainable growth within our organization. Dedicated professionals in this role will oversee financial oversight, ensuring expenditures remain within budgetary constraints while identifying opportunities for cost reduction without compromising quality. They will conduct thorough analyses of financial data, monitor performance metrics, and implement strategic measures to optimize resource allocation and minimize waste. Additionally, they will spearhead process improvements by evaluating current workflows, introducing best practices, and fostering a culture of innovation to achieve long-term financial stability and competitive advantage. Strong analytical skills, proficiency in financial software, and a proactive approach to problem-solving are required, along with the ability to collaborate with cross-functional teams to drive impactful change.
Evaluate and uncover potential avenues for cost reduction across manufacturing, logistics, warehousing, distribution, and commercial functions.
Enhance internal controls governing the accuracy of electric costing processes and inventory management to ensure compliance and reliability.
Spearhead efforts to enhance costing precision, enforce process rigor, and accelerate reporting cycles.
Establish and maintain Electric-specific cost accounting best practices and standard operating procedures, ensuring consistency and efficiency across all accounting processes.
Responsible for guiding and advancing the skills of junior cost accountants, ensuring their professional growth and accurate financial reporting.
Provide guidance and support to the Junior Cost Accountant, fostering precision, adherence to regulations, and strong analytical capabilities.
Thoroughly examine all reconciliations, cost allocations, reports, and variance analyses prepared by the junior team member to ensure accuracy and compliance with established standards.
Establish priorities for workloads, manage capacity planning, and facilitate professional development initiatives.
Key Performance Indicators (KPIs) will serve as measurable benchmarks to evaluate success and track progress against established objectives. These metrics will provide quantifiable data to assess performance efficiency, productivity levels, and overall contribution to organizational goals. Regular evaluation of KPIs will ensure alignment with strategic priorities while identifying areas for improvement or further development.
Ensuring precise cost reporting and accurate valuation of inventory is a critical responsibility within this role. The position demands meticulous attention to detail to maintain error-free financial documentation and reliable stock assessments. A solid understanding of accounting principles and inventory management practices is essential, along with proficiency in relevant software tools to streamline processes and enhance reporting efficiency. Candidates must demonstrate the ability to analyze financial data, identify discrepancies, and implement corrective measures to uphold the integrity of financial records. Strong analytical skills and a commitment to maintaining high standards of accuracy are paramount for success in this position.
Responsible for analyzing and overseeing budget performance to identify and address discrepancies between planned and actual expenditures, ensuring financial alignment with organizational goals. Tracks and reports monthly budget variances, providing clear explanations for deviations and recommending corrective actions as needed. Collaborates with department heads to understand spending patterns, anticipate financial risks, and implement strategies to optimize resource allocation. Requires proficiency in financial analysis tools, strong attention to detail, and the ability to communicate complex financial information effectively to stakeholders at all levels.
Cost reduction initiatives have yielded significant savings, demonstrating measurable impact on operational efficiency and financial performance. These efforts have optimized resource allocation while maintaining service quality and business objectives.
Ensure the timely preparation and submission of accurate financial reports, adhering strictly to established deadlines and regulatory requirements. This role demands meticulous attention to detail, strong organizational skills, and the ability to prioritize tasks effectively under pressure. Proficiency in financial software and a solid understanding of accounting principles are essential to meet the demands of this position. The incumbent will collaborate with cross-functional teams to gather necessary data, reconcile discrepancies, and validate information before finalizing reports. Proficiency in data analysis and the ability to interpret complex financial information are critical to supporting informed decision-making.
Inventory reconciliation accuracy is crucial for maintaining precise stock levels, ensuring financial reports remain trustworthy, and supporting operational efficiency. This role involves meticulously comparing physical inventory counts with system records to identify discrepancies, resolve variances, and implement corrective measures. Strong analytical skills and attention to detail are essential to detect errors, while proficiency in inventory management software and data analysis tools is required to streamline the process. The ideal candidate should demonstrate a commitment to accuracy, problem-solving abilities, and the capacity to work efficiently under tight deadlines.
Collaborate effectively with cross-functional teams to drive initiatives aimed at enhancing profitability, ensuring alignment with organizational objectives and strategic priorities.
The effectiveness of Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and inventory performance metrics will be assessed to ensure accurate financial reporting and operational efficiency. Responsibilities include analyzing production costs, evaluating inventory turnover, and identifying opportunities to optimize resource utilization. Proficiency in financial analysis tools and methodologies is essential, along with a strong understanding of accounting principles and supply chain dynamics. The role requires meticulous attention to detail, data-driven decision-making, and collaboration with cross-functional teams to drive continuous improvement in cost management and inventory control.
Ensures the accuracy, consistency, and reliability of data through robust integrity measures, stringent controls, and efficient system management. Develops and implements policies, procedures, and frameworks to safeguard data integrity while monitoring compliance with regulatory standards. Collaborates with cross-functional teams to identify risks, resolve discrepancies, and maintain high-quality data across all systems. Analyzes system performance, identifies inefficiencies, and recommends improvements to enhance data reliability and operational effectiveness.
Seeking a candidate with a proven track record of relevant skills and substantial experience in the field. The ideal applicant must demonstrate expertise in key areas, along with a minimum of [X] years of hands-on experience. Familiarity with industry-standard tools, methodologies, and best practices is essential. Additionally, the role requires the ability to adapt to evolving challenges, strong problem-solving capabilities, and a commitment to continuous learning. Prior success in similar positions or projects is highly valued.
A bachelor’s degree in Accounting, Finance, or a closely related discipline is required for this role.
A recognized professional credential, such as the Certified Public Accountant (CPA), Association of Chartered Certified Accountants (ARCA), or Certified Management Accountant (CMA), is highly desirable.
Requires a minimum of three to five years of hands-on experience in cost accounting, ideally within a commercial or distribution setting.
Demonstrates a solid grasp of inventory management principles and costing methodologies.
Demonstrates strong expertise in Enterprise Resource Planning (ERP) systems and advanced proficiency in Microsoft Excel, including the ability to analyze complex data sets and create detailed reports.
Experienced in developing and maintaining budgets, creating accurate financial forecasts, and conducting thorough financial analysis.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
3 - 5 years
