About the role
The Cost Accountant will oversee the full scope of cost management, analysis, and reporting informing strategic commercial decisions. This role will establish precise product, channel, and market costing, conduct in-depth COGS and margin analysis, and collaborate with commercial teams to enhance profitability through cost optimization, pricing guidance, and variance assessments. Serving as a critical bridge between operational and sales data, the position delivers clear, actionable financial insights to leadership for informed decision-making.
Oversee and execute a comprehensive range of duties and responsibilities, ensuring all tasks are completed efficiently and in accordance with established policies and procedures. Collaborate with cross-functional teams to achieve organizational objectives while maintaining high standards of accuracy and professionalism. Address and resolve any operational challenges promptly to uphold workflow continuity and productivity. Provide guidance and support to team members to enhance overall performance and foster a collaborative work environment. Ensure adherence to regulatory requirements and industry best practices to mitigate risks and maintain compliance. Prepare detailed reports and documentation to track progress, identify areas for improvement, and support data-driven decision-making. Maintain open communication channels to facilitate transparency and alignment across all levels of the organization.
We are seeking a detail-oriented Costing & Unit Economics professional to analyze financial data, assess product profitability, and optimize pricing strategies. The ideal candidate will possess expertise in cost analysis, budgeting, and financial modeling, with a strong grasp of unit economics principles. Responsibilities include calculating product costs, evaluating pricing structures, forecasting revenue, and identifying opportunities to enhance profitability. Proficiency in data analysis tools and financial software is essential, along with excellent analytical and problem-solving skills. A background in finance, accounting, or a related field is required.
Refine and prepare unit economics documentation across all Electric markets and sales channels, including PAGO, B2B, B2C, and country activations.
Maintain precise standard costs for all Electric Business Unit stock-keeping units and associated components.
Conduct in-depth analyses comparing standard costs to actual expenditures and provide clear explanations of the primary factors behind any cost variances.
Estimate landed costs, production expenses, and market-specific expenditures associated with entering new markets and expanding product lines.
The position involves preparing and analyzing Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and Inventory Reports to ensure accurate financial tracking and inventory management. Responsibilities include maintaining detailed records of production costs, monitoring inventory levels, and generating comprehensive reports to support decision-making processes. The role requires a strong understanding of accounting principles, proficiency in financial software, and meticulous attention to detail to identify discrepancies and optimize inventory control. Candidates must possess analytical skills and the ability to communicate findings effectively to stakeholders.
Compiling monthly and quarterly Cost of Goods Sold (COGS) and Cost of Goods Manufactured (COM) reports for executive review forms a key part of this role.
Validate inventory transactions, adjustments, valuations, and consumption records for Electric stoves to ensure accuracy and compliance with established standards.
Accurately calculate the costs associated with accessories, spare parts, and product configurations tailored to specific markets.
Analyze production and distribution cost trends and identify potential risk areas to inform strategic decision-making.
Conducts comprehensive budgeting activities, prepares detailed financial forecasts, and performs thorough variance analysis to ensure fiscal accuracy and alignment with organizational objectives.
Collaborate with Finance and Electric leadership to facilitate the annual budgeting process and deliver monthly forecasting reports.
Examine cost variances across countries, channels, product lines, and operational processes to identify discrepancies and underlying causes.
Responsibilities include monitoring expenditures related to electricity operations, logistics, distribution, warranty and service, as well as field-related costs.
Compile comprehensive cost variance analyses at both the country and channel levels, ensuring accurate financial tracking and reporting.
Conducts profitability evaluations and delivers strategic cost perspectives to enhance financial performance and decision-making processes.
Conduct comprehensive profitability and contribution margin analysis across all Electric markets to drive informed decision-making and strategic insights.
Develop comprehensive reports analyzing country, product, and channel profitability to inform strategic pricing and commercial decisions.
Deliver strategic cost analyses to the Senior Director and Finance Director, aiding in expansion initiatives, pricing adjustments, product modifications, and operational choices.
Develop comprehensive costing inputs tailored for Electric leadership reviews and strategic planning initiatives.
We provide comprehensive assistance across all electric market sectors to ensure seamless operations and optimal performance. Our team is dedicated to delivering expert guidance, troubleshooting, and solutions tailored to the unique demands of each market segment. By maintaining a deep understanding of industry regulations, technological advancements, and market dynamics, we empower clients to navigate challenges and capitalize on opportunities with confidence.
Deliver comprehensive costing, pricing, profitability, and variance analysis to all Electric markets, including Kenya, Tanzania, Ghana, Nigeria, and any additional countries as they are added to the portfolio.
Validate country-specific cost inputs, including freight, warehousing, deployment, distribution, duties, and changes in landed costs.
Collaborate closely with country teams to uphold uniform costing standards and maintain the integrity of financial data.
Revise unit economics and profitability models to accurately mirror the distinct conditions of each market.
Provides high-level strategic support and acts as a trusted business partner to senior leadership, offering insightful analysis and guidance to drive informed decision-making. Collaborates closely with department heads to align business objectives with operational strategies, ensuring cohesive execution across the organization. Identifies opportunities for growth, process improvements, and risk mitigation, while fostering cross-functional alignment to enhance overall performance and efficiency. Facilitates effective communication between leadership and teams, translating complex data into actionable insights. Maintains a deep understanding of industry trends, market dynamics, and organizational capabilities to inform strategic initiatives.
Provide strategic analysis, cost modeling, and financial expertise to inform business cases, expansion decisions, and commercial strategies in collaboration with the Senior Director – Electric Business.
Develop analytical cost insights 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.
Oversee the cost analysis processes for new product introductions, supplier transitions, and initiatives aimed at enhancing cost efficiency.
We are seeking a Cost Control & Continuous Improvement professional to drive financial efficiency and operational excellence. This role will oversee budget management, cost reduction initiatives, and process optimization to enhance profitability and sustainability. Key responsibilities include analyzing financial performance, identifying cost-saving opportunities, and implementing continuous improvement strategies. The ideal candidate will have expertise in cost accounting, financial analysis, and lean methodologies, along with strong problem-solving and communication skills. A proven track record in cost reduction, process improvement, and stakeholder collaboration is essential.
Explore strategic avenues to enhance cost efficiency within manufacturing, logistics, warehousing, distribution, and commercial operational domains.
Enhance the internal control framework governing electric costing procedures and inventory precision to ensure alignment with operational and financial standards.
Spearhead efforts to enhance costing precision, enforce procedural rigor, and streamline reporting schedules.
Devise and implement Electric-specific cost accounting best practices and standard operating procedures to ensure consistency and efficiency across all financial operations.
Responsible for supervising and fostering the growth of junior cost accountants, ensuring they develop the necessary skills and knowledge to excel in their roles. This position involves guiding their professional development through structured training, performance evaluations, and constructive feedback, while also maintaining accountability for their work quality and adherence to financial standards. Additionally, the role requires strategic planning to align their training with organizational objectives and to optimize their contributions to cost accounting processes.
Oversee and guide the Junior Cost Accountant with a focus on maintaining precision, adherence to regulations, and strong analytical performance.
Thoroughly examine and validate all reconciliations, cost allocations, reports, and variance analyses prepared by the junior team member.
Oversee the prioritization of workloads, manage capacity planning, and facilitate professional development initiatives.
Key metrics utilized to evaluate performance and success include quantifiable benchmarks such as revenue growth, customer acquisition rates, operational efficiency, and employee productivity. These indicators are tracked consistently to ensure alignment with organizational objectives and to facilitate data-driven decision-making. Success in this role will be measured through regular assessments against these predefined targets, providing clear visibility into achievements and areas requiring improvement.
Ensures precise preparation of cost reports and accurate valuation of inventory, maintaining meticulous financial records to support strategic decision-making and compliance with regulatory standards.
Manages the analysis and reporting of budget variances to ensure financial performance aligns with established expectations. Identifies discrepancies between projected and actual expenditures, providing detailed explanations and actionable recommendations to stakeholders. Monitors budget adherence across departments, highlighting trends and potential risks to facilitate timely corrective measures. Collaborates with finance teams to refine forecasting models and improve budgeting accuracy. Ensures compliance with organizational policies and regulatory standards in all financial reporting activities.
Through the implementation of strategic cost reduction initiatives, significant financial efficiencies have been realized, resulting in measurable improvements to the organization’s bottom line.
We are seeking an individual who ensures the punctual completion of financial reports. The successful candidate will be responsible for maintaining strict adherence to reporting deadlines, verifying the accuracy of all financial data, and collaborating with cross-functional teams to gather necessary information. A strong attention to detail, proficiency in financial software, and the ability to work under pressure are essential qualifications for this role. Additionally, the candidate should possess excellent organizational skills to manage multiple deadlines efficiently.
Accurate inventory reconciliation is essential to ensure precise stock management and financial reporting. This role involves meticulously verifying inventory levels, investigating discrepancies, and resolving inconsistencies to maintain data integrity. Candidates must possess strong analytical skills, attention to detail, and proficiency with inventory management software. Experience in auditing, data analysis, or related fields is highly desirable. Responsibilities include performing routine reconciliations, documenting variances, and collaborating with cross-functional teams to implement corrective measures. Effective communication and problem-solving abilities are critical to address discrepancies efficiently.
We contribute to the enhancement of profitability by participating in targeted improvement initiatives. Our role involves collaborating with various stakeholders to identify opportunities for cost reduction and revenue growth. Additionally, we conduct thorough analyses to assess the impact of potential changes and ensure alignment with overall business objectives.
The performance of Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and inventory metrics is evaluated to ensure accurate financial reporting, operational efficiency, and strategic decision-making. This role involves analyzing key performance indicators to identify trends, variances, and opportunities for cost optimization. Responsibilities include maintaining precise financial records, ensuring compliance with accounting standards, and providing actionable insights to improve inventory turnover and reduce carrying costs. Proficiency in financial analysis and familiarity with inventory management systems are essential for success in this position.
Maintaining the accuracy, consistency, and reliability of data across systems and processes, ensuring robust controls are in place to safeguard integrity, is a core responsibility. This role oversees the implementation and monitoring of data governance frameworks, verifies compliance with regulatory standards, and mitigates risks associated with data discrepancies or unauthorized access. Collaboration with cross-functional teams is essential to align data management practices with organizational objectives while upholding stringent quality assurance protocols. Proficiency in data validation techniques, audit procedures, and system integration is required, along with a keen attention to detail and a commitment to continuous improvement in data integrity initiatives.
With expertise in relevant tools, technologies, and methodologies, the ideal candidate will possess a strong background in [specific skills, e.g., project management, data analysis, software development] and [X] years of professional experience in [industry/field]. Proficiency in [specific software, programming languages, or frameworks] is required, along with demonstrated success in [specific tasks or achievements]. The successful applicant will have a proven track record in [key responsibilities, e.g., leading cross-functional teams, optimizing processes, delivering high-quality results], and the ability to [specific soft skills, e.g., collaborate effectively, solve complex problems, adapt to changing priorities]. A degree in [relevant field] or equivalent practical experience is preferred.
A bachelor’s degree in Accounting, Finance, or a closely related discipline is required.
A professional certification, such as 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 strong command of ERP systems alongside advanced proficiency in Microsoft Excel, including data manipulation, analysis, and reporting capabilities.
Seasoned in budget development, financial projections, and in-depth analytical assessments.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
3 - 5 years
