We are seeking a highly motivated individual to fill this dynamic position, which offers an excellent opportunity to contribute to our organization’s growth and success. This role plays a pivotal part in our team by driving key initiatives, collaborating across departments, and delivering measurable results that align with our strategic objectives. The ideal candidate will possess strong analytical and communication skills, alongside the ability to adapt to evolving challenges in a fast-paced environment. Responsibilities include [list key responsibilities], while required qualifications encompass [list essential requirements].
The Cost Accountant will oversee comprehensive cost management, analysis, and reporting enhancing strategic commercial decision-making. This role will involve ensuring precise costing for products, channels, and markets, as well as leading cost of goods sold (COGS) and margin evaluations. Collaboration with commercial teams will focus on enhancing profitability through disciplined cost control, strategic pricing assistance, and detailed variance analysis. Additionally, the position will play a pivotal role in converting operational and sales data into meaningful financial insights for leadership.
Responsibilities include managing daily operations to ensure seamless workflow, coordinating with cross-functional teams to align on project goals, and maintaining compliance with organizational policies and industry regulations. Additionally, the role entails overseeing budget tracking, preparing financial reports, and identifying opportunities for cost optimization. Strong leadership and communication skills are essential to mentor team members, delegate tasks effectively, and foster a collaborative work environment. Proficiency in relevant software tools and a solid understanding of industry best practices are required to drive efficiency and achieve strategic objectives.
Responsible for developing and maintaining accurate cost models and analyzing unit economics to inform strategic pricing, profitability, and operational efficiency decisions. Evaluates cost structures, identifies variances, and ensures alignment with financial targets while collaborating across departments to optimize resource allocation and drive sustainable growth. Requires proficiency in financial modeling, data analysis, and business intelligence tools, along with strong analytical and problem-solving skills.
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 every SKU and component within the Electric Business Unit.
Conduct thorough comparisons of standard versus actual costs and analyze the primary factors contributing to cost variances.
Determine landed, production, and market-specific costs for new markets and product expansions through accurate estimation.
Responsible for preparing and presenting accurate Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and inventory reports, ensuring alignment with financial standards and organizational objectives. Analyzes manufacturing costs, production data, and inventory levels to identify variances, trends, or inefficiencies. Collaborates with cross-functional teams, including production, logistics, and finance, to validate data integrity and resolve discrepancies. Maintains detailed records, supports audits, and provides actionable insights to optimize inventory management and cost control strategies.
Compile monthly and quarterly cost of goods sold (COGS) and cost of goods manufactured (COM) reports for executive evaluation and strategic decision-making.
Review and confirm the accuracy of inventory transactions, adjustments, valuations, and consumption data associated with Electric stoves.
Accurately assess the costing for accessories, spare parts, and product configurations tailored to specific markets.
Analyze production and distribution cost trends to identify potential risk areas and provide strategic recommendations.
Responsible for developing, managing, and analyzing budgets, financial forecasts, and variance reports to ensure alignment with organizational objectives and financial performance.
Assist Finance and Electric leadership with the development of the annual budget and execution of monthly forecasting initiatives.
Examine cost variances across different countries, distribution channels, product lines, and operational processes to identify discrepancies and underlying causes.
Monitor expenses associated with electricity, including operational expenditures, logistics, distribution, warranty and service costs, as well as field-related expenditures.
Compile comprehensive cost variance reports at both the country and channel levels.
Conducting in-depth profitability assessments and delivering strategic cost insights from the core responsibilities of this role, enabling data-driven decision-making across the organization.
Conduct comprehensive profitability and contribution margin analysis for all Electric markets.
Compile profitability analyses by country, product, and distribution channel to inform pricing decisions and commercial strategy formulation.
Deliver high-level cost analysis and strategic recommendations to both the Senior Director and Finance Director, aiding in expansion initiatives, pricing adjustments, product modifications, and operational decision-making.
Develop comprehensive costing inputs tailored for Electric leadership reviews and strategic planning initiatives, ensuring decision-ready data and analysis.
Facilitate comprehensive assistance across the entire spectrum of electric market segments.
Provide costing, pricing, profitability, and variance support to all Electric markets: Kenya, Tanzania, Ghana, Nigeria, and future countries.
Validate cost inputs specific to each country, including freight, warehousing, deployment, distribution, duties, and any modifications to landed costs.
Collaborate with country teams to maintain uniform costing standards and ensure the integrity of financial data.
Refine unit economics and profitability models to accurately represent the specific conditions of each market.
The role involves providing high-impact strategic support and acting as a trusted business partner to drive organizational success. Key responsibilities include collaborating with senior leadership to align business strategies with operational goals, identifying opportunities for growth, and fostering cross-functional partnerships to enhance decision-making. The ideal candidate will possess strong analytical skills, exceptional communication abilities, and a proven track record of delivering actionable insights. Additionally, experience in process optimization, stakeholder management, and change leadership is highly desirable to ensure seamless execution of strategic initiatives.
Support the Senior Director – Electric Business by providing strategic analysis, cost modeling, and financial insights to inform business cases, expansion choices, and commercial strategies.
Develop comprehensive cost analyses to support executive presentations, pricing evaluations, and strategic market discussions.
Collaborate with Finance, Commercial, Supply Chain, and Operations teams to enhance financial decision-making within the Electric Business Unit.
Oversee the development of cost estimates for new product introductions, supplier changeovers, and efforts aimed at reducing expenses.
Dedicated to optimizing financial performance and driving operational excellence, this role focuses on meticulously managing expenses while identifying and implementing ongoing enhancements to processes and systems. The position requires a proactive approach to cost reduction, rigorous financial analysis, and a commitment to fostering a culture of continuous improvement through data-driven decision-making and collaborative problem-solving. Key responsibilities include monitoring expenditures, evaluating cost-saving initiatives, and ensuring alignment with strategic financial goals to sustain long-term profitability and efficiency.
Evaluate potential avenues to optimize expenditures within manufacturing, logistics, warehousing, distribution, and commercial processes.
Enhance the internal control framework governing electric costing procedures and inventory precision to ensure accuracy and compliance.
Spearhead projects aimed at enhancing the precision of costing methodologies, adherence to procedural standards, and the efficiency of reporting cycles.
Establish and implement Electric-specific cost accounting best practices and standard operating procedures while ensuring strict adherence to established guidelines.
Responsible for guiding and advancing the skills of junior cost accountants, ensuring their professional growth and development within the organization.
Direct oversight and mentorship of the Junior Cost Accountant are required, with a focus on maintaining accuracy, adherence to compliance protocols, and upholding high analytical standards throughout all financial activities.
Evaluate all reconciliations, cost allocations, reports, and variance analyses prepared by the junior team member to ensure accuracy and compliance with established standards.
Drive strategic prioritization of workloads, allocate resources effectively, and foster ongoing professional growth.
Key Performance Indicators (KPIs) are measurable metrics used to evaluate the effectiveness, efficiency, and success of specific activities or processes within the organization. These indicators provide quantifiable data to assess progress toward predefined goals, enabling data-driven decision-making and performance tracking.
We ensure the meticulous preparation and verification of cost reports and inventory valuations to maintain financial transparency and compliance with established standards.
Oversee the analysis and adjustment of budget allocations to ensure alignment with financial objectives and operational needs. Monitor discrepancies between projected and actual expenditures, identifying trends and root causes to implement corrective measures promptly. Prepare detailed variance reports for stakeholders, highlighting key deviations and proposing solutions to mitigate financial risks. Collaborate with department heads to optimize resource allocation and maintain fiscal discipline. Ensure compliance with organizational policies and regulatory requirements throughout the budgeting process.
Cost reduction initiatives yielded significant financial efficiencies, optimizing expenditure management and enhancing overall profitability through targeted operational enhancements.
We ensure the timely delivery of financial reports, adhering to strict deadlines and regulatory standards. This role demands meticulous attention to detail and the ability to manage multiple reporting cycles efficiently. Candidates must demonstrate proficiency in financial systems, strong analytical skills, and the capacity to work under pressure while maintaining accuracy. Responsibilities include compiling, reviewing, and finalizing financial statements, as well as collaborating with cross-functional teams to ensure all reporting obligations are met.
Accurately reconciling inventory is essential to maintaining precise records and operational integrity. This role requires meticulous attention to detail to identify discrepancies, resolve variances, and ensure consistency between physical stock and system records. Strong analytical skills are necessary to analyze data, trace errors, and implement corrective measures. Proficiency in inventory management software and spreadsheet tools is required, along with the ability to collaborate with cross-functional teams to address discrepancies promptly. The ideal candidate must demonstrate reliability, problem-solving abilities, and a commitment to maintaining high accuracy standards in inventory tracking.
Assist in executing projects aimed at enhancing profitability, ensuring all initiatives align with organizational objectives and deliver measurable financial outcomes. Provide analytical support to identify key performance drivers and areas for cost optimization or revenue enhancement. Collaborate with cross-functional teams to implement strategic improvements and track progress through defined metrics. Contribute to the development of actionable insights and recommendations to drive sustainable growth and operational efficiency.
Analyzes Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and evaluates inventory performance to enhance financial accuracy and operational efficiency. Assesses financial data to identify trends, variances, and opportunities for cost reduction and process improvements. Collaborates with cross-functional teams to implement inventory control measures and optimize stock levels, ensuring alignment with organizational objectives. Monitors key performance indicators (KPIs) to support data-driven decision-making and reporting. Maintains compliance with accounting standards and regulatory requirements in financial analyses and inventory management practices.
Ensures accuracy, reliability, and security of data through rigorous integrity measures, robust control frameworks, and advanced system architectures. Implements and monitors validation processes to maintain compliance with regulatory standards and organizational policies. Designs and oversees data governance policies to mitigate risks associated with inconsistencies or breaches. Collaborates with cross-functional teams to establish standardized procedures for data collection, storage, and retrieval. Evaluates emerging technologies and methodologies to enhance system efficiency and data integrity. Conducts regular audits and assessments to identify vulnerabilities and implement corrective actions. Provides training and guidance to staff on best practices for maintaining data quality and security.
We seek candidates with a strong background in relevant technical or functional competencies, ideally backed by several years of hands-on experience in a comparable role. Proficiency in industry-standard tools, methodologies, and frameworks is essential, along with a proven ability to deliver measurable results. Prior experience collaborating across teams, managing complex projects, or leading initiatives is highly desirable, as is a track record of problem-solving in dynamic environments. A degree in a related field or equivalent certifications may be required, depending on the position. Strong communication and analytical skills are also critical to success in this role.
A bachelor’s degree in Accounting, Finance, or a closely related discipline is required.
A recognized professional certification, such as the CPA, ARCA, or CMA, is highly desirable.
Requires three to five years of hands-on cost accounting experience, ideally within a commercial or distribution setting.
Demonstrates a comprehensive grasp of inventory management principles and costing methodologies.
Demonstrated expertise in ERP systems alongside advanced proficiency in Microsoft Excel is required.
Proficiency in budget preparation, financial forecasting, and analytical evaluation is required.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
3 - 5 years
