We are seeking a highly motivated professional to join our team in this pivotal role, where you will play a critical part in driving our organization’s success. The position demands a blend of strategic thinking, operational excellence, and a passion for delivering measurable results. You will be responsible for overseeing key initiatives, collaborating with cross-functional teams, and ensuring alignment with our long-term goals. Ideal candidates will possess strong analytical and communication skills, along with a proven track record of leadership in their field. The role requires adaptability, problem-solving prowess, and the ability to thrive in a fast-paced environment while maintaining a customer-centric approach.
The Cost Accountant will oversee comprehensive cost management, financial analysis, and reporting facilitating informed commercial decision-making. This role will maintain precise product, channel, and market costing, spearhead cost of goods sold (COGS) evaluations and margin assessments, and collaborate with commercial teams to enhance profitability via cost optimization, pricing strategies, and variance evaluations. As a critical function, this position bridges operational and sales data to deliver meaningful, actionable financial insights for leadership.
Oversee a diverse range of tasks encompassing critical operational functions, ensuring adherence to established protocols and organizational objectives. Execute responsibilities with precision, maintaining high standards of accuracy and efficiency in all assigned duties. Collaborate effectively with cross-functional teams to foster a cohesive work environment and drive collective success. Address challenges proactively, implementing solutions that enhance productivity and streamline processes. Uphold compliance with industry regulations and internal policies to mitigate risks and ensure operational integrity. Participate in strategic planning initiatives to align departmental goals with broader organizational targets. Monitor performance metrics, identifying trends and opportunities for continuous improvement. Foster professional development within the team by providing mentorship and constructive feedback. Ensure seamless communication across all levels of the organization to facilitate transparency and accountability. Contribute to the achievement of departmental and company-wide targets through diligent execution and innovative problem-solving.
Responsible for analyzing and optimizing cost structures and unit economics, this role involves meticulous financial modeling to ensure profitability and efficiency. Key duties include developing and maintaining accurate cost models, identifying cost-saving opportunities, and evaluating pricing strategies to enhance revenue generation. The position requires expertise in data analysis, strong proficiency with Excel and financial software, and the ability to translate complex financial data into actionable insights. Collaboration with cross-functional teams is essential to align cost management with broader business objectives. A background in finance, accounting, or a related field, along with experience in cost accounting or financial planning, is strongly preferred. Exceptional analytical skills and attention to detail are critical for success in this role.
Prepare and refine unit economics across all Electric markets and sales channels, including PAGO, B2B, B2C, and country activations.
Accurately maintain standard costs for all Electric Business Unit SKUs and their respective components.
Conduct comparative analyses of standard versus actual costs and elucidate the primary factors contributing to cost variances.
Determine landed costs, production expenses, and market-specific expenditures for new markets and product expansions.
Responsible for preparing and analyzing Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and inventory reporting, ensuring accuracy and compliance with accounting standards.
Compile monthly and quarterly Cost of Goods Sold (COGS) and Cost of Goods Manufactured (COM) reports for leadership review, ensuring accuracy and timely delivery.
Validate inventory transactions, adjustments, valuations, and consumption specifically for Electric stoves.
Accurately calculate costs for accessories, spare parts, and product configurations tailored to specific markets.
Analyze historical and current cost trends in production and distribution to identify potential risks and recommend strategic adjustments.
Responsible for developing and overseeing financial plans, including budget preparation, financial forecasting, and conducting variance analysis to evaluate performance against established targets.
Assist Finance and Electric leadership by facilitating the annual budgeting and monthly forecasting processes.
Evaluate cost variances across different countries, channels, product lines, and operational processes to identify discrepancies and trends.
Monitor electric-related operating expenses, logistical expenditures, distribution costs, warranty and service-related costs, as well as field-related expenses.
Develop comprehensive cost variance reports at both the country and channel levels, ensuring detailed analysis and accurate presentation of financial discrepancies.
Responsibilities include conducting comprehensive profitability analyses and delivering strategic insights on cost optimization. The position requires expertise in financial modeling, data interpretation, and performance benchmarking to identify key cost drivers and revenue opportunities. Additionally, the role involves collaborating with cross-functional teams to implement cost-saving initiatives and support data-driven decision-making across the organization.
Conduct comprehensive profitability and contribution margin analyses for all Electric markets to assess financial performance and strategic viability.
Develop comprehensive profitability analyses for countries, products, and channels to inform strategic pricing and commercial decisions.
Offer critical 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.
Develop costing inputs that are fully prepared for decision-making purposes, specifically tailored for Electric leadership reviews and strategic planning initiatives.
We provide comprehensive assistance spanning all electric market sectors, ensuring seamless operations and customer satisfaction across diverse energy landscapes.
Deliver comprehensive costing, pricing, profitability, and variance analysis for all Electric markets, including Kenya, Tanzania, Ghana, Nigeria, and any future countries added to the portfolio.
Validate country-specific cost inputs, including freight, warehousing, deployment, distribution, duties, and any changes to landed costs.
Collaborate closely with country teams to uphold uniform costing standards and maintain the integrity of financial data.
Analyze and adjust unit economics and profitability models to align with the unique conditions of each market.
We provide high-impact strategic guidance and collaborative business solutions to drive organizational success. In this role, you will partner closely with senior leadership to align initiatives with overarching business objectives, ensuring informed decision-making and sustainable growth. Responsibilities include analyzing performance data, identifying opportunities for optimization, and developing actionable strategies to enhance operational efficiency and profitability. You will also facilitate cross-functional alignment, foster stakeholder engagement, and serve as a trusted advisor to key decision-makers. A minimum of five years in a strategic or business partnering capacity, along with strong analytical, communication, and problem-solving skills, is required. Proficiency in data-driven decision-making and a track record of delivering measurable results are essential.
Provide strategic analytical support to the Senior Director – Electric Business, including cost modeling, financial input for business cases, expansion decisions, and commercial strategies.
Develop comprehensive cost analysis reports tailored for executive briefings, pricing evaluations, and strategic market planning sessions.
Collaborate closely with Finance, Commercial, Supply Chain, and Operations teams to enhance financial decision-making within the Electric Business Unit.
Oversee the development of cost analyses for new product introductions, supplier changeovers, and efforts aimed at enhancing cost efficiency.
The incumbent will oversee cost control initiatives and drive continuous improvement processes to enhance operational efficiency and financial performance. This role involves analyzing expenditures, identifying cost-saving opportunities, and implementing strategies to optimize resource allocation. Additionally, the position requires collaboration with cross-functional teams to monitor budget adherence, recommend corrective actions, and foster a culture of ongoing enhancement. Strong analytical skills, attention to detail, and proficiency in financial reporting tools are essential for success in this position.
Explore strategic avenues to streamline expenses within manufacturing, logistics, warehousing, distribution, and commercial functions.
Enhance internal control frameworks governing electric costing procedures and inventory precision to ensure accuracy and compliance.
Devise and execute strategies to enhance the precision of costing methodologies, enforce stringent adherence to established processes, and accelerate the delivery of financial reports.
Establish and maintain Electric-specific cost accounting best practices and standard operating procedures with rigorous enforcement to ensure consistency and compliance.
The position involves supervising and guiding the professional growth of a Junior Cost Accountant, ensuring accurate financial reporting and cost management while fostering their skills through structured mentorship and training programs.
Provide guidance and support to the Junior Cost Accountant, fostering precision, adherence to regulations, and strong analytical capabilities.
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.
Ensure the effective allocation of workload priorities, conduct thorough capacity planning, and foster opportunities for professional growth.
Key Performance Indicators (KPIs) encompass measurable metrics used to evaluate progress toward organizational objectives, ensuring alignment with strategic goals. These indicators serve as critical benchmarks for assessing performance efficiency, productivity levels, and overall success in meeting predefined targets. Regular monitoring and analysis of KPIs facilitate data-driven decision-making, enabling continuous improvement and accountability across teams.
Ensures the precision of cost reports and inventory valuation through meticulous review and verification processes, maintaining financial integrity and compliance with established accounting standards.
Overseeing budget variance management involves analyzing financial discrepancies between projected and actual expenditures, identifying underlying causes, and implementing corrective measures to ensure fiscal alignment. This role requires meticulous attention to detail, proficiency in financial analysis tools, and the ability to interpret complex data to inform strategic decisions. Key responsibilities include monitoring budget performance, preparing variance reports, collaborating with department heads to address deviations, and recommending adjustments to optimize resource allocation. Strong communication skills are essential for presenting findings to stakeholders and driving accountability across teams.
Implemented cost reduction initiatives have yielded significant savings and improved operational efficiency, demonstrating a commitment to financial stewardship and sustainable growth.
Ensure the timely preparation and submission of financial reports, adhering to established deadlines and regulatory requirements. This includes compiling and verifying financial data, analyzing discrepancies, and presenting accurate, comprehensive reports to stakeholders. Proficiency in financial software and strong attention to detail are essential to maintain compliance and support informed decision-making.
Conducts thorough reviews to ensure precise alignment between recorded inventory levels and physical counts, identifying and resolving discrepancies to maintain data integrity and operational efficiency.
Our role involves contributing to projects aimed at enhancing profitability, ensuring that every effort aligns with strategic financial objectives and delivers measurable results. Collaborating closely with cross-functional teams, we identify key performance gaps, implement data-driven solutions, and monitor progress to drive sustainable growth. Responsibilities include analyzing financial trends, assessing cost-saving opportunities, and recommending process optimizations to maximize efficiency and revenue. By fostering a culture of continuous improvement, we strive to strengthen the organization’s financial health and long-term success.
COGS, COM, and inventory performance are critical components of financial and operational analysis, ensuring accurate cost tracking, production efficiency, and optimal stock management. This role involves evaluating cost of goods sold, cost of goods manufactured, and inventory levels to identify trends, variances, and opportunities for improvement. Responsibilities include analyzing financial data, monitoring production costs, and assessing inventory turnover to support strategic decision-making. Strong analytical skills, proficiency in financial reporting tools, and expertise in inventory management systems are essential for success in this position.
Ensures the accuracy, consistency, and reliability of data across systems through robust integrity measures, stringent controls, and well-structured frameworks. Establishes and maintains standardized processes to safeguard data quality, mitigate risks of corruption or unauthorized access, and ensure compliance with regulatory standards. Develops and implements systematic controls to validate data inputs, processing, and outputs while monitoring performance metrics to identify discrepancies or anomalies. Collaborates with cross-functional teams to align data governance policies with business objectives, ensuring seamless integration and operational efficiency.
Seeking a candidate with a robust skill set and extensive experience relevant to the role. The ideal applicant must possess proven capabilities in [specific skills, e.g., project management, data analysis, etc.] and a track record of success in [industry or field]. Prior experience in [specific tasks or responsibilities] is highly desirable, along with familiarity with [tools, software, or methodologies]. Strong problem-solving abilities and a collaborative mindset are essential, as is the capacity to adapt to evolving challenges and priorities.
A bachelor’s degree in Accounting, Finance, or an equivalent discipline is required.
A recognized professional certification, such as CPA, ARCA, or CMA, is highly advantageous.
Seeking candidates with three to five years of dedicated experience in cost accounting, ideally within a commercial or distribution setting.
Proficient in inventory management principles and costing methodologies.
Requires strong expertise in Enterprise Resource Planning (ERP) systems alongside advanced capabilities in Microsoft Excel, including complex data manipulation and formula application.
Demonstrates proficiency in budget development, financial forecasting, and comprehensive analysis of financial data.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
3 - 5 years
