We are looking to hire a Plant Accountant who will be based in Ruaraka, Nairobi County. Reporting to the Business Controller, the Plant Accountant will be responsible for managing and maintaining accurate financial records of the organization’s inventory. This role involves overseeing the accounting of inventory transactions, ensuring compliance with accounting standards, and providing valuable insights to support effective inventory management and financial decision-making, cost analysis and maintenance of Fixed Asset Register.
The main duties and responsibilities for this position entails: –
Inbound Section Inventory Management
Ensure accuracy of physical inventory and reported results. Investigate and explain system to physical adjustments.
Conduct weekly cycle counts for all the warehouses within the company.
Maintaining and updating records of purchase orders, pricing reports, and inventory records.
Ensure Physical Material Transferred to Production is posted real time they are issued including for intermediary processes.
Analyze potential excess and obsolete inventory items monthly.
Provide insights into inventory performance, valuation, and turnover.
Outbound Section Inventory Management Conduct surprise checks on loaded delivery vehicles to ensure that physical goods tally with sales documentation. This should be done at least once a week.
Maintain a perpetual inventory for finished goods and reconcile this perpetual to production, shipping, and returns on a daily basis.
Implement and maintain effective inventory control measures to prevent theft, spoilage, and obsolescence of finished goods.
Production area Operations
Daily control and measurement of waste in production floor and report this on a daily basis from
individual batches executed in the day.
Enforce all production operating controls, SOPs & work instructions and report any non-compliance
on a real time basis.
Reconciliation of major material issued to the lines against production realized based on the bill of
materials for batches executed, including for intermediary products (Pulps, Syrup).
Perform audits of bills of materials to ensure product costs are accurate and accounted for properly.
Report audit results monthly.
Work closely with production clerks to ensure materials used is as per the requisition.
Fixed Asset Management
Maintenance of the Fixed Assets register and ensuring that the fixed assets file is up to date with
relevant and accurate supporting documentation according to laid down procedure.
Ensure that Fixed Assets register tallies with general ledger balances at all times.
Analyze internal controls to ensure assets are adequately safeguarded and results are accurately reported.
Ensure all the assets in the plants are tagged sequentially.
Finance operations
Review labor reporting and cost, material costs, manufacturing overhead, distribution cost, returns and inventory levels.
Assure adherence to Generally Accepted Accounting Policies. Resolve questions of GAAP and internal controls.
Monitor labor productivity against standards with explanations.
Review rates of depreciation, labor and overhead and suggest policy changes to improve numbers.
Provides proactive / unsolicited consultation, interpretation of complex financial and operational matters to drive business decisions.
Provide support to all ad hoc projects and analyze all financial presentation efficiently to provide support to all activities and recommend improvement to all business practices and processes.
Assist with internal and external audits by providing accurate and organized inventory-related data and documentation.
Participate in any other duties that shall reasonably be assigned to you by the Management from time to time
The ideal candidate will have the following qualifications: –
Bachelor’s degree in finance or accounting.
CPA (K) or ACCA or other relevant qualification.
At least 4 years of finance or accounting experience.
Experience in manufacturing and distribution of FMCG preferably in food and beverage industry.
Proficient in MS Excel.
Deadline – 15th November, 2023
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