We are seeking a motivated professional to fill this integral position. The ideal candidate will possess a combination of academic qualifications and hands-on experience relevant to the role’s core responsibilities. Key qualifications include a degree in a pertinent field, proficiency in industry-specific tools or software, and a track record of delivering measurable results in similar capacities. The successful applicant will be responsible for executing core duties, collaborating effectively with cross-functional teams, and driving initiatives that align with organizational objectives. Strong analytical skills, attention to detail, and the ability to thrive in a dynamic environment are essential for this role.
The Cost Accountant will oversee the full spectrum of cost management, analysis, and reporting facilitating informed commercial decisions. This role will involve validating precise product, channel, and market costing, spearheading COGS and margin evaluations, and collaborating closely with commercial teams to enhance profitability via cost optimization, pricing strategies, and variance assessments. The position is instrumental in converting operational and sales data into practical financial insights for leadership.
Responsibilities include overseeing daily operations, managing team workflows, and ensuring alignment with organizational objectives. Key tasks involve coordinating projects, delegating assignments, and monitoring progress to meet deadlines. Additionally, the role requires fostering collaboration across departments, resolving conflicts, and maintaining high performance standards. Strong leadership, problem-solving abilities, and adaptability are essential for success in this position. Experience in team supervision and a proven track record of achieving targets are also required.
We are seeking a detail-oriented Costing & Unit Economics professional to analyze financial data, evaluate cost structures, and optimize pricing strategies to enhance profitability. The ideal candidate will have a strong background in cost accounting, financial modeling, and data analysis, with proficiency in Excel and ERP systems. Responsibilities include calculating unit economics, assessing pricing models, and providing actionable insights to improve operational efficiency and revenue growth. A bachelor’s degree in finance, accounting, or a related field is required, along with 3+ years of relevant experience in cost management or financial analysis.
Prepare and refine unit economics for all Electric markets and sales channels, including PAGO, B2B, B2C, and country activations.
Accurately maintain standard costs for all Electric Business Unit stock keeping units (SKUs) and associated components.
Conduct comprehensive analyses comparing standard costs to actual costs, and thoroughly elucidate the primary factors contributing to observed cost variances.
Prepare comprehensive cost estimates encompassing landed, production, and market-specific expenses for new markets and product expansions.
Responsible for preparing and analyzing Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and inventory reports, ensuring accuracy and alignment with financial standards. Collaborates with production, procurement, and accounting teams to gather data and validate figures. Identifies variances and provides insights to improve cost efficiency and inventory management. Maintains documentation and supports audits as required.
Compile monthly and quarterly reports on the Cost of Goods Sold (COGS) and Cost of Goods Manufactured (COM) for executive leadership review.
Validate inventory transactions, adjustments, valuations, and consumption records associated with electric stoves to ensure accuracy and compliance with established accounting and inventory control standards.
Accurately calculate the costing for accessories, spare parts, and product configurations tailored to specific markets.
Conduct in-depth evaluations of production and distribution cost trends to identify potential risk factors and provide strategic recommendations.
Facilitates the preparation of budgets, conducts financial forecasting, and performs comprehensive variance analysis to ensure alignment with organizational objectives.
Collaborate with Finance and Electric leadership to facilitate the annual budgeting and monthly forecasting processes effectively.
Analyze cost variances across different countries, distribution channels, product lines, and operational processes.
Monitor electric-related operational expenditures, including logistics, distribution, warranty and service costs, as well as field-related expenses.
Compile comprehensive cost variance reports at both the country and channel levels, ensuring thorough analysis and accurate presentation of financial discrepancies.
Conducts comprehensive profitability analysis and delivers strategic cost insights to support informed decision-making.
Conduct comprehensive profitability assessments and analyze contribution margins across all Electric markets.
Develop comprehensive profitability analyses for countries, products, and distribution channels to inform pricing decisions and commercial strategy formulation.
Deliver strategic cost analysis to the Senior Director and Finance Director, enabling informed decisions on expansion initiatives, pricing revisions, product modifications, and operational strategies.
Develop precise costing inputs that are ready for decision-making, specifically tailored for Electric leadership evaluations and strategic planning initiatives.
We provide assistance and guidance across every segment of the electric power industry, ensuring seamless operations and compliance with evolving regulations. Our team collaborates closely with market participants to address technical, operational, and strategic challenges, fostering efficiency and reliability in energy delivery. Additionally, we offer expert advice on market dynamics, pricing strategies, and emerging trends to help stakeholders navigate competitive landscapes and enhance their market positioning.
Offer comprehensive costing, pricing, pricing strategy, profitability analysis, and variance analysis support across all Electric markets, including Kenya, Tanzania, Ghana, Nigeria, and prospective new markets.
Validate cost inputs specific to each country, including freight, warehousing, deployment, distribution, duties, and changes in landed costs.
Collaborate closely with country teams to maintain uniform costing standards and produce accurate financial data.
Refine unit economics and profitability models to align with the specific conditions of each market.
We provide strategic guidance and act as trusted business partners to drive organizational success. This role involves collaborating closely with senior leaders to align business strategies with operational execution, ensuring sustainable growth and competitive advantage. Key responsibilities include analyzing market trends, identifying opportunities for expansion, and advising on resource allocation to optimize performance. Additionally, we foster cross-functional alignment, streamline decision-making processes, and support the implementation of initiatives that enhance efficiency and profitability. Candidates should possess exceptional analytical skills, strong stakeholder management abilities, and a proven track record in business development or strategic planning. A deep understanding of industry dynamics and the ability to translate complex data into actionable insights are essential for this position.
Provide strategic analysis and financial expertise to the Senior Director – Electric Business, contributing to cost modelling, business case development, and expansion decisions that shape commercial strategies.
Develop comprehensive cost analyses to support executive presentations, pricing evaluations, and strategic market deliberations.
Collaborate closely with Finance, Commercial, Supply Chain, and Operations teams to enhance financial decision-making processes throughout the Electric Business Unit.
Spearhead the development of cost estimates for new product introductions, supplier transitions, and initiatives aimed at enhancing cost efficiency.
The Cost Control & Continuous Improvement position focuses on optimizing financial performance and driving operational efficiencies through strategic cost management and ongoing enhancement initiatives. Key responsibilities include analyzing expenditures, identifying cost-saving opportunities, implementing process improvements, and monitoring performance metrics to ensure alignment with organizational goals. The ideal candidate will possess strong analytical skills, proficiency in financial analysis tools, and experience in lean methodologies or similar improvement frameworks. Additionally, they should demonstrate expertise in budgeting, forecasting, and stakeholder collaboration to foster a culture of continuous improvement across teams.
Explore avenues to optimize expenditures across manufacturing, logistics, warehousing, distribution, and commercial functions.
Enhance the internal controls governing electric costing processes and inventory accuracy to ensure precision and compliance.
Spearhead efforts to enhance the precision of costing, enforce stricter process adherence, and accelerate reporting turnaround times.
Formulate and implement specialized cost accounting methodologies and standard operating procedures tailored to the Electric sector.
Responsible for supervising and guiding the professional growth of junior cost accountants, this role involves ensuring accuracy in financial reporting, implementing cost control measures, and fostering skill development through mentorship and structured training initiatives.
Oversee and guide the Junior Cost Accountant to uphold accuracy, adherence to regulations, and excellence in analytical performance.
Review all reconciliations, cost allocations, reports, and variance analyses prepared and submitted by junior team members to ensure accuracy, completeness, and adherence to established accounting standards and procedures.
Direct oversight of workload prioritization, capacity planning, and professional development initiatives is required.
Key metrics utilized to gauge performance and progress will include quantifiable benchmarks that align with organizational objectives, ensuring clarity in evaluating success. These indicators will serve as critical tools in tracking efficiency, productivity, and overall operational effectiveness, providing actionable insights to drive continuous improvement and strategic decision-making.
Accurate preparation of cost reports and precise valuation of inventory are essential duties within this role.
Budget variance management involves monitoring and analyzing discrepancies between planned and actual financial performance, identifying root causes, and implementing corrective actions to ensure fiscal alignment with organizational objectives. This role requires proficiency in financial analysis, forecasting, and reporting, along with a strong understanding of accounting principles and budgetary controls. Responsibilities include tracking expenditures, assessing financial trends, and providing strategic recommendations to stakeholders to optimize resource allocation and mitigate risks. Ideal candidates should possess strong analytical skills, attention to detail, and the ability to communicate complex financial data effectively to non-financial audiences.
Cost reduction initiatives have been successfully implemented, yielding measurable improvements.
Delivering financial reports in a timely manner is crucial to ensuring accurate and reliable financial data is available for stakeholders. This role requires strict adherence to reporting deadlines, with a keen focus on precision and efficiency to meet organizational and regulatory standards. Responsibilities include compiling, reviewing, and validating financial information to ensure completeness and accuracy before submission. The ideal candidate will demonstrate strong time management skills and a commitment to maintaining high standards in financial documentation.
Inventory reconciliation specialists must ensure the precision and consistency of stock records by meticulously comparing physical counts with system data to identify and resolve discrepancies promptly. This role demands keen attention to detail and a systematic approach to maintaining accurate inventory levels, which directly impacts operational efficiency and financial reporting. Candidates should possess strong analytical skills, proficiency in inventory management software, and the ability to work efficiently under tight deadlines. Prior experience in inventory control or related fields is highly preferred, along with a commitment to upholding data integrity and compliance with organizational policies.
Collaborates effectively in enhancing profit margins through strategic initiatives aimed at boosting financial performance.
The job involves overseeing Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and inventory performance metrics. Key responsibilities include analyzing production costs, evaluating inventory turnover, and identifying opportunities for cost reduction. Proficiency in financial modeling, data analysis, and inventory management systems is required, along with strong attention to detail and problem-solving skills. The role demands collaboration with cross-functional teams to optimize supply chain efficiency and ensure accurate financial reporting.
Maintains the integrity, reliability, and security of data through robust controls and systems, ensuring accuracy and compliance with organizational standards and regulatory requirements.
Skills and Experience
Bachelor’s degree in Accounting, Finance, or related field.
A recognized professional credential, such as the CPA, ARCA, or CMA, is highly desirable.
Seeking a candidate with three to five years of specialized experience in cost accounting, ideally within a commercial or distribution setting.
Possesses comprehensive knowledge of inventory management principles and costing methodologies.
Demonstrates strong expertise in Enterprise Resource Planning (ERP) systems and advanced capabilities in Microsoft Excel.
Proven expertise in budget development, financial forecasting, and detailed analysis of financial data.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
3 - 5 years
