Manager Costing & Budgeting Accounts at Lan-x Africa Limited

Our client, one of the leading manufacturing industries in Kenya is looking for a Costing and Budgeting Manager to join their dedicated team.

Job Responsibilities.

• Setting up a proper Cost Accounting System for the Company and periodic reconciliation with Financial Accounts
• Periodic Product Costing and help management with proper costs to facilitate the pricing decisions
• Prepare, implement and follow proper budgeting exercise.
• Cost Control and regular monitoring with variance analysis with reasons
• Proper coordination with all departments across the organisation for proper communication and feedback.
• Demonstrate medium & long term improvement plans
• Support internal controller’s efforts for implementing and maintaining controls over operations, sales, purchasing, and finance
• Prepare detailed costing of all products and processes.
• Lead the cost reduction process
• Prepare annual budget for the organization in co-ordination with functional heads.
• Finalize key performance indicators for key areas in the budget for performance measurement in terms of sales, production cost, purchasing and overhead
• Work with department heads to understand and explain any significant deviation between budget/forecast and actuals.
• Review expenses/overheads and recommend steps for ensuring control.
• Reconciles product costing discrepancies by collecting and analyzing information.
• Identify the business risks and recommend corrective action.
• Monitor the revenue and capital budget implementation process;
• Prepare cost trends / forecast analysis for project costs, highlighting concerns and recommending necessary measures / remedies;
• Inventory management with quarterly physical stock taking and reconciliation of differences;
• Preparation of costing and budgeting policies / manual.

Qualifications

• B.com, Finance, Accounts or related field.
• Min. 10 years’ work experience in budgeting and costing in FMCG
• Must be a CIMA Member
• Driving License
• Good Communication Skill
• Accounting, Corporate Finance
• Reporting Skills
• Attention to detail.
• Deadline-Oriented
• General Math Skills