Management Accountant at Premier Foods Limited

The main duties and responsibilities for this position entails: –

• Prepare timely and accurate financial budgets and forecasts by consolidating individual departmental budgets.
• Analyze budget and other financial variances (such as product margins) and advise the Finance Manager accordingly.
• Maintenance of the Fixed Assets register and ensuring that the fixed assets file is up to date with relevant and accurate supporting documentation according to laid down procedure.
• Assist the Finance Manager in maintaining desired working capital levels.
• Prepare forecasts and projected future cash flows for the business on a rolling basis.
• Consolidate cost and revenues and extract management information for decision making.
• Analyze the business’ financial and general operating information to identify trends and opportunities for development.
• Review investment proposals to determine their viability.
• Ensure that control procedures set are strictly adhered to at all times.
• Report any deviation to the Finance Manager immediately.
• Oversee the stock take exercise (including spares) and ensure accurate stock records (volume, quantity and weight) at all times. Investigate and promptly report on any variance.
• Issue monthly and yearly stock take instructions.
• Ensure physical verification and Authorize goods returned notes in accordance with laid down procedure before credit notes are issued to confirm validity and reasons of return.
• Conduct or course a staff to conduct surprise checks on loaded delivery vehicles to ensure that physical goods tally with sales documentation. This should be done at least once a week.
• Ensure that all costing (including Raw Materials, WIP, finished goods, and spares) are done and captured accurately.
• Prepare monthly management reports within the set deadline.
• Conduct financial analysis as required.
• Provide financial information to senior management, including budget reports and performance of Cost Centers.
• Evaluate non-financial indicators, such as stock turnover, quick ratio, debtor’s ratios, cash ratios, profitability ratios, etc and report on their effect on businesses performance or profitability.
• Train and propose training programs for all staff reporting to you
• Ensure staff reporting to you are well skilled to provide high level services to the Company.
• Carry out quarterly performance reviews.
• Provide leadership to ensure maximum productivity and accuracy at all times.

The ideal candidate will have the following qualifications: –

• Bsc/BA in accounting, finance or relevant field
• MSc/MA is an added advantage
• CPA (K) or ACCA or other relevant qualification
• At least 6 years’ experience 2 of which should be at managerial level
• Solid knowledge on management accounting analysis and forecasting.