Management Accountant

The management accountant will be responsible for analysing and presenting financial reports in an accurate and timely manner.
The ideal candidate will manage the annual audit process, coordinate the annual budgeting and planning process as well as manage the VAT, tax and required statutory returns, submissions and payments. The position will liaise closely with the procurement and production departments to monitor & prepare the relevant management and Cost accounting reports.
Responsibilities

Financial Planning and analysis
Preparations of timely and accurate monthly/quarterly management reports
Perform fixed asset processing to enable reporting and Capital expenditure management
Handling statutory deductions and tax payments while observing the stipulated deadline dates of submission, this includes the following taxes, Income tax, VAT, PAYE, Withholding tax, NHIF, NSSF NITA levies etc.
Implementation of financial risk management policies of the company, which include insurance of assets and open risks, tax risk management and forex risks.
Ensure also that the company working capital is safeguarded by maintaining adequate cash flow.
Coordinate both external and internal audits and ensure effective implementation of audit recommendations, making of final accounts.
Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor.
Development of pricing models by analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
Responsible to check and reconcile manufacturing variances and yields analysis and interpretation of cost variances on a monthly basis
Prepare detailed cost reports for manufacturing, identifying key overspends and variances and identifying opportunities of improvements
Review and recalculate raw material, finished goods and other base costs and determine impact to business by applying changes.

Qualifications

Bachelor’s degree in Commerce (Accounting/Finance Option), Business Management (Accounting/Finance Option), Economics, or equivalent qualification from a recognized Institution
Qualified Accountant (CPA (K), ACCA, or equivalent) are a mandatory requirement
Be registered with a professional body such as CPA, ACCA.
At least 5 years of management accounting with exposure to cost accounting in a busy Manufacturing/FMCG environment.
In depth understanding of manufacturing/FMCG processes
Demonstrated professional competence and administrative capability as reflected in work performance and results
Strong financial and accounting knowledge (IFRS)
Strong consolidation knowledge and experience
Statutory understanding (companies act and Tax)
Financial analysis experience
Good knowledge of any accounting software e.g SAP.

Skills

Commercial awareness, with an interest in business and an understanding of how an organisation works and manages resources
A high level of numeracy
The ability to explain complex financial information in a clear way
Professionalism and commitment
Excellent oral and written communication skills
IT proficiency
Project management skills
Strong interpersonal and teamwork skills, with the ability to work with colleagues at all levels including non-finance members of staff
Organisational skills with the ability to work under pressure and to deadlines.