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Home Jobs Nairobi Financial Accountant – Electric Utility Operations

Financial Accountant – Electric Utility Operations

BURN  · Power / Energy

Full Time Nairobi
Nairobi
Deadline: 25 August 2026
Posted May 30, 2026

We are seeking a highly motivated professional to join our team in the capacity of [Job Title], where you will play a pivotal role in [specific department or function]. Your primary responsibilities will include [key responsibility 1], [key responsibility 2], and [key responsibility 3], ensuring alignment with the company’s strategic objectives. The ideal candidate will possess a minimum of [X years] of relevant experience in [specific field or industry], along with proficiency in [key skill or tool]. Strong analytical, problem-solving, and communication abilities are essential, as this role requires collaboration with cross-functional teams to drive innovation and operational excellence. Additional qualifications include [requirement 1], [requirement 2], and [requirement 3], with a proven track record of [specific achievement or outcome] being highly advantageous.

The Cost Accountant will oversee comprehensive cost management, analysis, and reporting facilitating informed commercial decisions. This role will involve maintaining precise costing for products, channels, and markets, as well as conducting in-depth cost of goods sold (COGS) and margin evaluations. Collaboration with commercial teams will be essential to enhance profitability through effective cost control, strategic pricing guidance, and detailed variance assessments. Additionally, the position will bridge operational and sales data to provide clear, actionable financial insights for leadership.

Oversee and execute key responsibilities associated with the position, ensuring all tasks are completed with precision and adherence to established standards. Manage and coordinate daily operations, while maintaining a focus on efficiency and effectiveness. Collaborate with cross-functional teams to achieve organizational objectives, fostering a culture of teamwork and accountability. Develop and implement strategies to enhance productivity and streamline processes. Monitor performance metrics and provide regular updates to stakeholders. Ensure compliance with company policies, industry regulations, and best practices. Address and resolve any operational challenges promptly to minimize disruptions. Participate in strategic planning and decision-making processes to drive continuous improvement. Maintain accurate and detailed records of all activities and outcomes. Foster professional development opportunities for team members to support growth and retention.

Develops and maintains accurate costing models and analyzes unit economics to ensure financial viability and profitability of products or services. Responsible for calculating cost structures, pricing strategies, and identifying areas for cost optimization while maintaining quality standards. Conducts regular reviews of cost data, assesses market trends, and evaluates the financial impact of business decisions. Collaborates with cross-functional teams to align costing with strategic objectives, ensuring data-driven insights inform pricing and operational efficiency. Requires proficiency in financial modeling, data analysis, and a strong understanding of unit economics principles, along with excellent analytical and communication skills.

Develop and refine unit economics for all Electric markets and sales channels, including PAGO, B2B, B2C, and country activations.

Accurate standard costs must be maintained for all Electric Business Unit stock-keeping units (SKUs) and associated components.

Conduct comparative analyses between standard and actual costs, providing clear insights into the primary factors contributing to cost variances.

Prepare cost estimates for landed, production, and market-specific expenses associated with new market entries and product expansions.

The preparation and analysis of Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and Inventory Reporting are essential responsibilities within this role. Proficiency in financial reporting, data compilation, and accuracy verification is required. Candidates must possess strong analytical abilities, attention to detail, and the capacity to interpret complex financial data. Understanding accounting principles, inventory valuation methods, and ERP systems is necessary. This position demands meticulous record-keeping, timely reporting, and collaboration with cross-functional teams to ensure alignment with organizational financial objectives.

To facilitate leadership review, compile and present monthly and quarterly Cost of Goods Sold (COGS) and Cost of Goods Manufactured (COM) reports.

Verify inventory transactions, adjustments, valuations, and consumption records specifically associated with electric stoves.

Accurately determine the costing of accessories, spare parts, and product configurations tailored to specific markets.

Examine historical and current production and distribution cost patterns to identify potential risks and areas for improvement.

Conducts budget preparation, financial forecasting, and variance analysis to ensure accurate financial planning and performance evaluation. Responsible for developing detailed budgets, projecting future financial performance, and analyzing discrepancies between actual and projected figures to identify trends and areas for improvement. Collaborates with cross-functional teams to gather data, establish financial assumptions, and refine models for reliable decision-making. Presents findings and recommendations to stakeholders to support strategic planning and resource allocation.

Provide assistance to Finance and Electric leadership throughout the annual budgeting and monthly forecasting processes.

Conduct a comprehensive evaluation of cost variances, examining data segmented by country, distribution channel, product line, and operational workflow to identify key discrepancies and underlying trends.

Monitor expenditures associated with electricity, including operational expenses, logistics, distribution, warranty and service-related costs, as well as field-related expenditures.

Compile cost variance reports at both the country and channel levels, ensuring comprehensive analysis and accurate presentation of financial data for respective segments.

Conducting in-depth evaluations of financial performance and delivering strategic perspectives on cost optimization are essential components of this role. This position entails performing detailed profitability assessments while offering impactful recommendations to enhance financial efficiency. Key responsibilities include analyzing revenue streams, identifying cost-saving opportunities, and providing data-driven insights to support executive decision-making. The ideal candidate will possess strong analytical skills, proficiency in financial modeling, and the ability to translate complex financial data into actionable strategies.

Conduct comprehensive profitability and contribution margin assessments for all Electric markets.

Develop comprehensive profitability analyses for individual countries, products, and distribution channels to inform strategic pricing and commercial decisions.

Offer vital cost analysis and strategic recommendations to the Senior Director and Finance Director, aiding in expansion initiatives, pricing adjustments, product modifications, and operational decision-making processes.

Prepare costing inputs that are thoroughly analyzed and actionable, tailored specifically for Electric’s leadership reviews and strategic planning initiatives.

Provide comprehensive assistance across all electric market segments, ensuring seamless operations and adherence to regulatory standards.

Deliver comprehensive costing, pricing, profitability analysis, and variance insights across all Electric markets, including Kenya, Tanzania, Ghana, Nigeria, and any additional countries in the expansion pipeline.

Confirm the accuracy of country-specific cost inputs, including freight, warehousing, deployment, distribution, duties, and any modifications to landed costs, ensuring all calculations adhere to regional compliance and operational standards.

Collaborate with country teams to establish and maintain consistent costing standards while ensuring the accuracy and reliability of financial data.

Revise unit economics and profitability models to accurately align with the specific conditions of each market.

Strategic Support & Business Partnering

We are seeking a dynamic professional to serve as a strategic advisor and trusted business partner, collaborating closely with senior leadership to drive organizational growth and operational excellence. In this role, you will facilitate data-driven decision-making, optimize cross-functional processes, and ensure alignment between business objectives and execution. Key responsibilities include analyzing market trends, identifying opportunities for innovation, and delivering actionable insights to enhance performance and competitive advantage. The ideal candidate will possess strong analytical acumen, exceptional communication skills, and the ability to influence stakeholders at all levels. Proficiency in financial modeling, strategic planning, and business intelligence tools is essential, along with a proven track record of translating complex data into clear, strategic recommendations.

Provide strategic analysis, cost modeling, and financial input to assist the Senior Director – Electric Business in evaluating business cases, expansion opportunities, and commercial strategies.

Develop cost analysis reports tailored for executive presentations, pricing evaluations, and strategic market discussions.

Collaborate closely with Finance, Commercial, Supply Chain, and Operations teams to enhance financial decision-making processes within the Electric Business Unit.

Spearhead the cost analysis for new product introductions, supplier transitions, and cost reduction programs.

Cost Control & Continuous Improvement

Identify opportunities to reduce costs across manufacturing, logistics, warehousing, distribution, and commercial operations.

Enhance the internal controls governing electric costing procedures and inventory precision to ensure accuracy and reliability.

Facilitate strategic projects aimed at enhancing costing precision, operational consistency, and the punctuality of reporting mechanisms.

Establish and implement specialized cost accounting procedures and standard operating protocols tailored specifically for Electric operations.

Providing supervision and mentoring to junior cost accountants, as well as leading their professional development to ensure accurate financial reporting and cost management.

Oversee and guide the Junior Cost Accountant, maintaining precision, adherence to regulations, and superior analytical performance.

Conduct a thorough examination of all reconciliations, cost allocations, reports, and variance analyses prepared by the junior team member to ensure accuracy and compliance with established standards.

Oversee the allocation of workload priorities, manage capacity planning initiatives, and facilitate ongoing professional development opportunities for the team.

Key Performance Indicators (KPIs) encompass quantifiable metrics used to evaluate progress toward critical objectives, ensuring alignment with organizational goals and operational efficiency. These benchmarks track performance across various dimensions, including productivity, quality, timeliness, and financial outcomes. Regular assessment of KPIs enables data-driven decision-making, fosters accountability, and highlights areas requiring improvement or strategic adjustment. Establishing clear, measurable KPIs is essential for driving continuous growth, optimizing resource allocation, and maintaining a competitive edge in dynamic business environments.

Accurate preparation of cost reports and precise inventory valuation are essential duties within this role.

Effective oversight of budget variance is essential, requiring meticulous analysis of financial discrepancies between projected and actual expenditures. This role demands proficiency in financial reporting tools, strong analytical skills, and the ability to identify trends or anomalies in spending patterns. Responsibilities include monitoring budget performance, preparing variance reports, and recommending corrective actions to align with fiscal objectives. Collaboration with department heads ensures accurate forecasting and adherence to budgetary constraints while maintaining transparency in financial documentation.

Through diligent implementation of strategic cost-control measures, tangible reductions in operational expenses were attained, delivering measurable improvements to the company’s financial performance.

Ensure the timely completion and accuracy of financial reporting processes to meet regulatory and organizational deadlines. Maintain strict adherence to established timelines for the preparation, review, and submission of financial statements, ensuring compliance with internal policies and external standards. Monitor key reporting milestones and proactively address any delays or discrepancies to uphold the integrity of financial data. Collaborate with cross-functional teams to gather necessary information and validate data integrity throughout the reporting cycle.

Inventory reconciliation accuracy is critical for maintaining precise financial records and optimizing operational efficiency. This role involves meticulously comparing physical inventory counts against system records to identify discrepancies, ensuring alignment with accounting standards. Candidates must possess strong attention to detail, analytical skills, and proficiency in inventory management software. Responsibilities include investigating variances, reconciling discrepancies, and generating detailed reports to support audits and decision-making processes. Experience in a similar role within a fast-paced environment is preferred.

Contribute to initiatives aimed at enhancing profitability through strategic analysis and targeted actions. Collaborate with cross-functional teams to identify cost-saving opportunities and revenue-enhancing measures. Execute data-driven evaluations to assess the impact of proposed changes on financial performance. Assist in implementing corrective actions and monitoring their effectiveness to ensure sustained profitability gains.

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Evaluate and enhance Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and inventory performance to drive operational efficiency and financial accuracy. Analyze production costs, inventory valuation methods, and supply chain dynamics to identify trends, inefficiencies, and opportunities for cost reduction. Collaborate with cross-functional teams, including finance, operations, and procurement, to implement data-driven strategies that optimize inventory levels, minimize waste, and improve profitability. Ensure compliance with accounting standards and internal controls while providing actionable insights to support strategic decision-making.

Ensures the accuracy, consistency, and reliability of data through robust integrity controls, validation processes, and system monitoring, safeguarding against corruption or unauthorized modifications while maintaining compliance with regulatory standards and organizational policies.

Seeking a candidate with a strong background in relevant technical or industry-specific competencies, coupled with hands-on experience in related roles. The ideal applicant will possess proven expertise in key areas pertinent to the position, demonstrated through prior professional engagements or specialized training. Additionally, familiarity with industry standards, best practices, and emerging trends is highly desirable. Proficiency in applicable tools, methodologies, or frameworks is required to meet the demands of the role effectively.

Earned a bachelor’s degree in Accounting, Finance, or a closely related discipline.

A recognized professional qualification, such as CPA, ARCA, or CMA, is highly desirable.

3–5 years of experience in cost accounting, ideally within a commercial or distribution operational setting.

Demonstrates a robust grasp of inventory management principles and costing methodologies.

Demonstrated expertise in utilizing ERP systems alongside advanced skills in Microsoft Excel is essential.

Proven expertise in financial planning, budgetary management, and analytical forecasting is required.

Qualifications

BA/BSc/HND , Professional Certificate

Experience Required

3 - 5 years

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