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Home Jobs Nairobi Financial Accountant, Energy Sector

Financial Accountant, Energy Sector

BURN  · Power / Energy

Full Time Nairobi
Nairobi
Deadline: 25 August 2026
Posted May 30, 2026

The position involves overseeing a diverse range of responsibilities, including strategic planning, team leadership, and operational efficiency. Key requirements include five years of relevant experience in a similar role, proficiency in industry-standard software tools, and a strong ability to communicate effectively across all levels of the organization. You will be responsible for driving project execution, mentoring junior staff, and ensuring alignment with company goals. Additional duties may involve budget management, stakeholder engagement, and performance evaluation.

The Cost Accountant will oversee comprehensive cost management, analysis, and reporting enhancing commercial decision-making. Their responsibilities include maintaining accurate product, channel, and market costing, conducting COGS and margin analysis, and collaborating with commercial teams to drive profitability through cost optimization, pricing strategies, and variance evaluation. This role is instrumental in converting operational and sales data into strategic financial insights for leadership.

Conducts a range of duties and fulfills key responsibilities integral to the role. Performs essential tasks that support operational objectives and align with organizational goals. Handles responsibilities that require attention to detail, adherence to policies, and effective collaboration with team members. Ensures tasks are completed efficiently while maintaining high standards of quality and professionalism. Addresses challenges proactively and adapts to evolving priorities to achieve desired outcomes.

Responsible for analyzing and optimizing cost structures and unit economics to support strategic decision-making, our ideal candidate will assess pricing models, evaluate cost drivers, and identify opportunities for efficiency improvements. They will develop and maintain financial models to project profitability, monitor key cost metrics, and collaborate with cross-functional teams to implement data-driven cost reduction strategies. A strong analytical background with proficiency in financial modeling, Excel, and data visualization tools is essential, alongside experience in cost accounting or financial planning. The role demands meticulous attention to detail, problem-solving skills, and the ability to communicate insights effectively to stakeholders at all levels.

Prepare and refine unit economics for all Electric markets and sales channels, including PAGO, B2B, B2C, and country activations.

Accurately maintain standard costs for all Electric Business Unit (BU) Stock Keeping Units (SKUs) and their associated components.

Conduct standard versus actual cost analyses and elucidate the primary factors contributing to cost variances.

Assess landed, production, and market-specific costs when evaluating new market entries and product expansions.

The company seeks a professional capable of preparing and analyzing Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and Inventory Reports. The role requires proficiency in financial reporting, data analysis, and inventory management systems, ensuring accurate and timely financial statements. Responsibilities include tracking inventory levels, calculating production costs, and identifying discrepancies to optimize financial performance. Strong analytical skills, attention to detail, and experience with accounting software are essential for this position.

Compile monthly and quarterly Cost of Goods Sold (COGS) and Cost of Goods Manufactured (COM) reports for leadership review and presentation.

Review and confirm the accuracy of inventory transactions, adjustments, valuations, and consumption data specifically for Electric stoves.

Accurately calculate costs for accessories, spare parts, and configurations tailored to specific markets.

Examine historical and current production and distribution cost patterns to identify potential financial risks and recommend strategic adjustments as needed.

Responsible for developing and managing budgets, creating financial forecasts, and conducting detailed variance analysis to assess performance against established plans.

Assist Finance and Electric leadership with the annual budget preparation and monthly forecasting activities.

Examine discrepancies in costs across different countries, sales channels, product lines, and operational procedures.

Monitor electric-related operational expenditures, logistics expenditures, distribution costs, warranty and service-related expenditures, and field-related expenses.

Collate and analyze cost variances at both country and channel levels to produce comprehensive reports.

Conducts detailed profitability assessments and develops strategic cost insights to enhance financial performance and support informed decision-making.

Conduct comprehensive profitability and contribution margin analysis for all Electric markets.

Compile profitability analyses for various countries, products, and sales channels to inform strategic pricing and commercial decisions.

Deliver strategic cost analysis to the Senior Director and Finance Director to guide expansion initiatives, pricing adjustments, product modifications, and operational strategies.

Develop comprehensive costing inputs that are fully vetted and ready for leadership review during Electric’s strategic planning cycles.

Provide comprehensive assistance across all segments of the electric power industry, encompassing generation, transmission, distribution, and retail supply. Contribute to the development, implementation, and optimization of technical, commercial, and regulatory strategies tailored to diverse electric market structures and dynamics. Ensure adherence to industry standards, compliance requirements, and evolving market policies while addressing the unique needs of utilities, independent power producers, aggregators, and end-use customers. Collaborate with cross-functional teams to enhance operational efficiency, foster innovation, and drive sustainable growth within the competitive energy landscape.

Deliver costing, pricing, profitability analysis, and variance assessments for all Electric markets, including Kenya, Tanzania, Ghana, Nigeria, and prospective countries.

Ensure the accuracy and compliance of country-specific cost inputs, including freight, warehousing, deployment, distribution, duties, and any changes to landed costs.

Collaborate with international teams to establish standardized costing protocols and maintain financial data integrity.

Develop unit economics and profitability models tailored to align with the distinct conditions of individual markets.

As a Strategic Support & Business Partnering professional, you will collaborate closely with senior leadership to drive organizational growth and operational excellence. Your role involves analyzing complex business challenges, identifying opportunities for improvement, and developing data-driven strategies to enhance performance. Additionally, you will serve as a trusted advisor, providing insights and recommendations to optimize decision-making processes across departments. This position requires strong analytical skills, the ability to interpret financial and market data, and exceptional communication to influence stakeholders at all levels. You will be responsible for fostering cross-functional partnerships, aligning business objectives with actionable plans, and measuring the impact of strategic initiatives. A proactive approach, adaptability to dynamic environments, and a results-oriented mindset are essential for success in this role.

Provide strategic analysis, cost modeling, and financial insights to assist the Senior Director – Electric Business in evaluating business cases, guiding expansion initiatives, and shaping commercial strategies.

Develop comprehensive cost analyses to support executive presentations, evaluate pricing strategies, and contribute to market strategy deliberations.

Collaborate closely with Finance, Commercial, Supply Chain, and Operations teams to enhance financial decision-making processes within the Electric Business Unit.

Direct cost analysis efforts for fresh product rollouts, supplier transition programs, and efficiency enhancement projects.

We are seeking a dedicated Cost Control & Continuous Improvement professional to oversee financial efficiency and drive operational enhancements. The ideal candidate will monitor expenditures, identify cost-saving opportunities, and implement strategies to optimize budget utilization. Responsibilities include analyzing financial data, tracking variances, and reporting on performance metrics to senior management. Additionally, the role requires collaboration with cross-functional teams to streamline processes, eliminate waste, and foster a culture of continuous improvement. Proficiency in financial software, strong analytical skills, and experience in lean methodologies are essential. A bachelor’s degree in finance, accounting, or a related field, along with relevant certifications, is preferred.

Uncover potential avenues for cost reduction within manufacturing, logistics, warehousing, distribution, and commercial operations.

Enhance the effectiveness of internal controls governing electric costing procedures and ensure the precision of inventory records.

Drive efforts to enhance costing precision, enforce procedural consistency, and expedite reporting cycles.

Formulate and implement specialized cost accounting best practices and standard operating procedures tailored to electric-specific operations.

Responsibilities include supervising and guiding junior cost accountants, ensuring accuracy in financial reporting, and fostering their professional development through mentorship and training initiatives. Additionally, the role entails reviewing cost accounting procedures to identify inefficiencies, implementing improvements, and maintaining compliance with regulatory standards. Strong leadership, analytical skills, and proficiency in cost accounting principles are essential for this position.

Oversee and guide the Junior Cost Accountant to uphold precision, regulatory adherence, and strong analytical performance.

Oversee the examination of reconciliations, cost allocations, reports, and variance analyses prepared by the junior team member to ensure accuracy and compliance with established standards.

Direct responsibilities include aligning workload priorities, managing capacity planning, and fostering professional development initiatives.

Key Performance Indicators (KPIs) encompass measurable metrics that assess the effectiveness, efficiency, and success of processes, projects, or personnel in meeting predefined objectives. These indicators are critical for tracking progress, identifying areas for improvement, and ensuring alignment with organizational goals. They often include quantitative benchmarks such as productivity rates, revenue growth, customer satisfaction scores, or operational efficiency ratios, tailored to specific roles or departmental functions. Establishing clear, relevant KPIs enables data-driven decision-making, fosters accountability, and supports continuous performance enhancement across all levels of the organization.

Accurate preparation of cost reports and precise inventory valuation are critical responsibilities within this role. Proficiency in financial reporting standards and meticulous attention to detail are required to ensure the integrity of financial data. Candidates must possess strong analytical skills to interpret cost variances and reconcile discrepancies effectively. The position demands the ability to maintain comprehensive records and adhere to established accounting principles, ensuring timely and accurate financial documentation.

Overseeing the management of budget variances involves monitoring and analyzing discrepancies between projected and actual financial performance. This role requires meticulous attention to detail to identify variances, assess their underlying causes, and implement corrective measures as needed. Strong analytical skills are essential for evaluating financial data, while proficiency in budgeting software and financial reporting tools is often required. Additionally, the position demands effective communication to report findings and recommendations to stakeholders, ensuring alignment with organizational financial objectives.

Cost-reduction initiatives led to significant operational efficiencies and financial savings across all key business areas.

Ensures the punctual completion of financial reporting meeting regulatory and internal deadlines, maintaining accuracy and adherence to established schedules while facilitating timely decision-making processes.

Performs meticulous verification of inventory records to ensure complete alignment with physical stock levels, identifying discrepancies and implementing corrective measures as needed. Requires strong attention to detail, proficiency in inventory management systems, and the ability to analyze data to resolve inconsistencies efficiently. Responsibilities include conducting regular audits, reconciling discrepancies between system records and actual inventory counts, and maintaining accurate documentation to support operational integrity.

Contribute to initiatives aimed at enhancing profitability through strategic analysis and targeted actions. Collaborate with cross-functional teams to identify cost-saving opportunities, optimize revenue streams, and implement process improvements that drive financial performance. Analyze key performance indicators (KPIs) to assess the impact of implemented strategies and recommend adjustments as needed to ensure sustainable growth and profitability.

We analyze and optimize Cost of Goods Sold (COGS), Cost of Goods Manufactured (COM), and inventory performance to drive operational efficiency and financial accuracy. This role involves evaluating production costs, assessing manufacturing expenses, and ensuring accurate inventory valuation to support strategic decision-making and profitability. Key responsibilities include identifying cost-saving opportunities, improving inventory turnover, and enhancing overall supply chain effectiveness through data-driven insights and process improvements. Candidates must possess strong analytical skills, proficiency in financial reporting, and experience in cost accounting methodologies to excel in this position.

Ensures the accuracy, consistency, and reliability of data across systems through robust integrity measures and stringent control mechanisms. Develops, implements, and maintains data validation processes to safeguard against errors, inconsistencies, and unauthorized modifications. Designs and enforces comprehensive control frameworks to ensure compliance with regulatory standards and organizational policies. Collaborates with cross-functional teams to establish data governance best practices and improve overall data quality. Monitors system performance, identifies potential risks, and implements corrective actions to mitigate data integrity issues.

Seeking candidates with a proven track record of relevant expertise and hands-on experience in the field. Applicants should demonstrate a strong foundation in key competencies, including [specific skills if listed]. Ideal candidates will have [X years] of professional experience, preferably in [specific industries or roles]. Familiarity with [specific tools, methodologies, or frameworks] is essential, as is the ability to [specific task or responsibility]. Problem-solving abilities, adaptability, and a commitment to continuous learning are highly valued. Proficiency in [any required technical or soft skills] is a must, along with excellent communication and teamwork skills. Experience in [specific projects or achievements] is a strong plus. The ability to work under pressure, meet deadlines, and contribute to a collaborative environment is critical.

A bachelor’s degree in Accounting, Finance, or a closely related discipline is required.

A recognized professional certification like CPA, ARCA, or CMA is highly desirable.

Seeking candidates with 3 to 5 years of hands-on experience in cost accounting, ideally within a commercial or distribution setting.

Possesses a comprehensive grasp of inventory management principles and costing methodologies.

Proven expertise in Enterprise Resource Planning (ERP) systems and advanced capabilities in Microsoft Excel is required.

We seek a professional with a strong background in budgeting, forecasting, and financial analysis, demonstrating expertise in managing financial plans and evaluating performance trends.

Qualifications

BA/BSc/HND , Professional Certificate

Experience Required

3 - 5 years

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