Management Accountant at Mr. Green Trading Africa Kenya Ltd

We are seeking to hire an experienced and exceptional Management Accountant responsible for analysing and presenting financial reports in an accurate and timely manner. S/He will manage the annual audit process, coordinate the annual budgeting and planning process. The position will liaise closely with the procurement and production departments to monitor and prepare the relevant Management and Cost accounting reports.

Tasks

Financial and Accounting Operations:

• Financial Planning and analysis
• Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor.

Cost Accounting

• 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
• Making estimates of new and proposed product 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.

Process Excellence

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• Lead business process reviews and coordinate effective follow-on projects
• Mapping of process workflows, identify existing control strengths/weaknesses and recommendations for improvement under each process step
• Conduct detailed reviews of systems and processes as required, assist in the implementation of adequate and effective internal controls.
• Conduct detailed review of processes and controls where fraudulent activity was identified, and develop and implement processes and controls to minimize such activity in the future.
• Active management of the portfolio of assigned projects to ensure value creation and adherence to the review’s goals and objectives
• Support implementation, measure and regularly report on effectiveness and efficiency of the approved recommended process changes
• Budgeting and Budget Analysis
• Management of internal and external audit.

Additional Functions And Responsibilities

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• Conduct detailed and timely review of monthly and annual results of the Company, provide a detailed analysis and explanations of variances
• Follow up and investigate the cause of variances, discuss with management and obtain a plan for improvement. Assist management to develop and implement a plan to correct the cause of variances.
• Assist accounting functions as required by the CFO
• Conduct detailed reviews of systems and processes as required, assist in the implementation of adequate and effective internal controls.
• Conduct detailed review of processes and controls where fraudulent activity was identified, and develop and implement processes and controls to minimize such activity in the future.
• Provide financial information and data to support management and department heads in decision making
• Assist with the preparation of Board papers
• Provide detailed cash flow analysis
• Identify, implement and benchmark best practices in all of the above noted area.

Requirements

• Bachelor’s Degree and Chartered Accountant / CPA or equivalent
• Experience in leading implementation of highly effective controls and processes.
• Self-motivated, innovative, problem-solving professionals highly preferred
• Strong communication and coaching skills
• High performing and results oriented individual

Relevant Experience.

• Minimum 5 years of progressive experience in a large audit or accounting environment
• Experience in dealing with inventory
• Processes and controls review