The position involves overseeing a range of critical responsibilities, including strategic planning, team leadership, and project execution. Key requirements include a minimum of five years of relevant experience, proficiency in industry-standard software tools, and strong analytical and communication skills. The role demands the ability to collaborate effectively with cross-functional teams, manage multiple priorities under tight deadlines, and drive measurable results. Additionally, the ideal candidate will possess a bachelor’s degree in a related field and demonstrate a commitment to continuous professional development.
The Cost Accountant will oversee comprehensive cost management, analysis, and reporting initiatives to facilitate informed commercial decision-making. This role will maintain precise costing for products, channels, and markets, spearhead cost of goods sold (COGS) and margin evaluations, and collaborate with commercial teams to enhance profitability through strategic cost control measures, pricing guidance, and variance assessments. Additionally, the position is instrumental in converting operational and sales data into practical financial insights for leadership review.
Oversee and execute a comprehensive range of tasks and obligations, ensuring adherence to established protocols and standards. Provide leadership and coordination in assigned areas, maintaining a focus on efficiency, accuracy, and compliance with organizational policies. Address operational challenges by implementing solutions, monitoring performance metrics, and facilitating continuous improvement initiatives. Collaborate with cross-functional teams to align efforts with strategic goals, fostering clear communication and accountability throughout the process.
Responsible for analyzing and optimizing cost structures and unit economics to enhance profitability and operational efficiency, this role involves meticulous evaluation of expenses, pricing strategies, and revenue streams. Duties include developing detailed cost models, monitoring key performance indicators (KPIs), and identifying opportunities for cost reduction or revenue growth. The position requires strong analytical skills, proficiency in financial modeling, and the ability to translate complex data into actionable insights. Collaboration with cross-functional teams is essential to ensure alignment with broader business objectives and financial targets.
Prepare and refine unit economics across all Electric markets and sales channels, including PAGO, B2B, B2C, and country activations.
Develop and uphold precise standard costs for all SKUs and components within the Electric Business Unit.
Conduct comparative assessments between standard and actual costs, and comprehensively analyze the primary factors contributing to cost variances.
Conduct comprehensive assessments of landed, production, and market-specific costs to identify financial implications for new market entries and product expansions.
Prepares, analyzes, and presents reports on the Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and inventory levels to support financial decision-making and operational efficiency.
Compile monthly and quarterly Cost of Goods Sold (COGS) and Cost of Goods Manufactured (COM) reports for leadership review and analysis.
Validate all inventory transactions, adjustments, valuations, and consumption pertaining to electric stoves to ensure accuracy and compliance with established procedures.
Accurately calculate the costs associated with accessories, spare parts, and product configurations tailored to specific markets.
Evaluate trends in production and distribution costs, identifying potential risk areas and providing strategic recommendations.
Budgeting, Forecasting, and Variance Analysis:
This role involves developing, implementing, and maintaining comprehensive financial plans, including budget preparation, strategic forecasting, and detailed variance analysis to evaluate performance against established targets. The position requires proficiency in financial modeling, data interpretation, and reporting to support decision-making, alongside strong analytical skills to identify trends, discrepancies, and opportunities for process improvement. Collaboration with cross-functional teams is essential to ensure alignment between financial projections and operational objectives, while adherence to deadlines and accuracy in financial data is paramount.
Collaborate with Finance and Electric leadership to facilitate the annual budgeting process and provide support for monthly forecasting activities.
Examine cost variances across countries, channels, product lines, and operational processes to identify discrepancies and evaluate performance.
Monitor expenditures associated with electricity, including operational expenses, logistical expenditures, distribution costs, warranty and service-related charges, as well as field-related costs.
Compile comprehensive cost variance reports at both the country and channel levels to provide detailed insights into financial performance. Analyze discrepancies between budgeted and actual expenditures, identifying key trends and variances for management review. Ensure accuracy and timeliness in reporting by leveraging financial data from multiple sources. Present findings in a clear, structured format to support data-driven decision-making across departments. Collaborate with cross-functional teams to validate data and address any discrepancies.
Conducts in-depth profitability assessments and delivers strategic cost intelligence to support informed decision-making across the organization. Analyzes financial performance, identifies cost drivers, and evaluates revenue streams to pinpoint opportunities for efficiency improvements and margin enhancement. Provides actionable recommendations to senior leadership, enabling data-driven strategies that optimize resource allocation and drive sustainable profitability. Develops forecasting models, conducts variance analyzes, and monitors key performance indicators to ensure alignment with financial objectives and operational goals.
Conduct comprehensive profitability and contribution margin assessments for every Electric market segment.
Develop comprehensive profitability analyses for countries, products, and distribution channels to inform pricing decisions and commercial strategy.
Deliver strategic cost analyses to the Senior Director and Finance Director to inform decisions regarding expansion initiatives, pricing adjustments, product modifications, and operational strategies.
Develop comprehensive costing inputs tailored for Electric leadership reviews and strategic planning initiatives, ensuring readiness for decision-making processes.
We provide assistance across all electric market segments, ensuring comprehensive support for stakeholders in this sector.
Deliver comprehensive costing, pricing, profitability, and variance analysis to the Electric markets across Kenya, Tanzania, Ghana, Nigeria, and additional markets as they are introduced.
Validate country-specific cost inputs, including freight, warehousing, deployment, distribution, duties, and landed cost adjustments, ensuring accuracy and compliance with regional regulations.
Collaborate with country teams to uphold uniform costing standards and maintain accurate financial data.
Revise unit economics and profitability models to align with the distinct conditions of each market.
Provides strategic support and business partnering to senior leadership and cross-functional teams to drive organizational objectives, optimize performance, and enhance decision-making through data-driven insights, collaborative initiatives, and tailored solutions. Collaborates closely with stakeholders to identify business challenges, align priorities, and implement strategies that foster growth, efficiency, and sustainable competitive advantage. Analyzes market trends, operational metrics, and financial data to recommend actionable improvements and mitigate risks. Serves as a trusted advisor, bridging gaps between executive vision and operational execution while ensuring alignment with company goals and stakeholder expectations.
Provide strategic analysis, cost modeling, and financial input to support the Senior Director of Electric Business in developing business cases, expansion decisions, and commercial strategies.
Develop detailed cost analyses to support leadership presentations, pricing evaluations, and strategic market discussions.
Collaborate with the Finance, Commercial, Supply Chain, and Operations teams to enhance financial decision-making processes throughout the Electric Business Unit.
Conduct cost analyses for new product introductions, supplier changeovers, and ongoing cost reduction efforts.
Cost management and ongoing enhancement initiatives form the core of this role, driving financial discipline and operational excellence. The position requires a strategic mindset to identify cost-saving opportunities, implement efficiency measures, and monitor budget adherence. Key responsibilities include analyzing financial data, developing improvement strategies, and collaborating with cross-functional teams to optimize resource allocation. Proficiency in cost accounting, variance analysis, and continuous improvement methodologies is essential, along with strong analytical and problem-solving skills. Experience in a similar role within a manufacturing or production environment is preferred, ensuring alignment with process optimization and financial performance goals.
Explore avenues to optimize expenditures within manufacturing, logistics, warehousing, distribution, and commercial processes.
Enhance internal controls governing electric costing procedures while ensuring inventory precision.
Spearhead projects aimed at enhancing costing precision, reinforcing process adherence, and expediting reporting turnaround times.
Establish and uphold Electric-specific cost accounting best practices and standard operating procedures.
We are responsible for supervising and mentoring junior cost accountants, ensuring they develop proficient skills in cost accounting practices, financial analysis, and reporting. This role involves guiding them through complex accounting processes, reviewing their work for accuracy, and providing constructive feedback to enhance their professional growth. Additionally, we facilitate their understanding of cost allocation methods, budgeting techniques, and compliance with regulatory standards to strengthen their foundational expertise in the field.
Supervise and guide the Junior Cost Accountant, maintaining meticulous accuracy, regulatory compliance, and a strong commitment to analytical excellence.
Conduct a thorough examination of reconciliations, cost allocations, reports, and variance analyses prepared by the junior team member to ensure accuracy and compliance.
You will oversee the allocation of workloads, engage in strategic capacity planning, and facilitate ongoing professional development initiatives.
Key Performance Indicators (KPIs) serve as measurable benchmarks to evaluate the effectiveness and efficiency of performance against predefined objectives, ensuring alignment with organizational goals and driving continuous improvement through data-driven insights. These metrics are critical for monitoring progress, identifying areas for enhancement, and fostering accountability across teams by providing clear, quantifiable targets that directly support strategic priorities and operational excellence.
Ensures the precision of cost reports and the accuracy of inventory valuation through meticulous attention to detail and adherence to established accounting standards.
Budget variance management involves monitoring and analyzing discrepancies between planned and actual financial performance to identify trends, assess organizational efficiency, and ensure fiscal accountability. This role requires meticulous attention to financial data, strong analytical skills, and proficiency in budgeting software and tools. Responsibilities include preparing variance reports, investigating significant deviations, and recommending corrective actions to align expenditures with strategic objectives. The ideal candidate should possess a degree in finance, accounting, or a related field, along with relevant experience in budget oversight and financial reporting.
Significant cost-saving measures have been successfully implemented, resulting in measurable reductions in expenditures.
Financial reporting must be completed in a timely and accurate manner to ensure compliance with regulatory standards and organizational objectives. This role requires meticulous attention to detail, strong analytical skills, and proficiency in financial software and tools. Additionally, the ability to meet strict deadlines and maintain precision under pressure is essential to support informed decision-making and stakeholder confidence.
Inventory reconciliation ensures precise stock management by systematically verifying and aligning physical inventory counts with recorded data to identify discrepancies. This process demands meticulous attention to detail and a strong command of numerical data to maintain accurate records. Candidates must possess analytical skills and proficiency with inventory management software to effectively resolve any inconsistencies. Additionally, the ability to document findings clearly and communicate discrepancies to relevant teams is essential for fostering operational efficiency.
Collaborate effectively with cross-functional teams to drive initiatives aimed at enhancing profitability, ensuring alignment with strategic objectives and measurable outcomes.
The analysis and optimization of Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and inventory performance metrics are key responsibilities for this role. Candidates must possess a thorough understanding of financial reporting, inventory valuation methods, and cost accounting principles, along with proficiency in data analysis tools. Responsibilities include monitoring inventory turnover, identifying inefficiencies, and recommending strategies to enhance operational efficiency and financial accuracy. Strong analytical skills and attention to detail are essential to ensure accurate financial records and compliance with accounting standards. Experience in ERP systems and financial modeling is highly desirable.
Ensures the accuracy, reliability, and security of data through robust integrity measures, stringent control mechanisms, and sophisticated system implementations. Develops and maintains comprehensive data governance frameworks to safeguard against corruption, unauthorized access, or discrepancies. Designs and implements validation protocols to confirm data consistency and compliance with regulatory standards. Monitors system performance, identifies potential vulnerabilities, and implements corrective actions to mitigate risks. Collaborates with cross-functional teams to establish standardized data management practices and align processes with organizational objectives.
We are seeking candidates with a proven track record and the necessary expertise to excel in this role. Applicants should possess a minimum of [X] years of relevant experience, along with a strong foundation in [specific skills or areas]. Ideal candidates will demonstrate proficiency in [key competencies], as well as the ability to [specific tasks or responsibilities]. Additionally, familiarity with [industry tools, methodologies, or standards] is required to ensure seamless integration into our team. A commitment to continuous learning and adaptability in dynamic environments will be highly valued.
A bachelor’s degree in Accounting, Finance, or a closely related discipline is required.
A recognized professional credential, including but not limited to the CPA, ARCA, or CMA, is highly desirable.
Seeking candidates with three to five years of specialized experience in cost accounting, ideally within a commercial or distribution setting.
Possesses a solid grasp of inventory management principles and costing methodologies.
Demonstrates expertise in utilizing ERP systems effectively alongside advanced proficiency in Microsoft Excel.
Proven expertise in budget development, financial forecasting, and in-depth analysis of financial performance.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
3 - 5 years
