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  • Posted: Nov 23, 2017
    Deadline: Not specified
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    OUR MOTTO Caring for you with a tender touch OUR VISION Be the preferred provider of health-care and hygiene products across the region OUR MISSION Listen to you, our customer by providing innovative solutions to your changing needs and requirements Achieve growth in our shareholder’s value, by utilizing our assets, people, technology, manage...
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    Management Accountant

    Job Description

    The Management Accountant will be tasked to ensure at any given time ACI financial statements are up to date, spending is in line with approved budgets and analysing financial performance. The Management Accountant will perform a series of tasks to ensure ACI financial security, handling essentially financial matters in collaboration with Chief accountant and Finance Director and thus helping to drive the business’s overall objectives and strategies. Management Accountant will be responsible for efficient and accurate preparation and presentation of financial records and management information. This to include coordination of the monitoring of budgets and forecasts throughout the organization.

    Key Responsibilities

    • Preparing periodic financial statements, including profit and loss accounts, budgets, cash flows, variance analysis and commentaries. Ensure all statements comply with applicable accounting standards and local legislation.
    • Produce information for Statutory Financial Statements and Interim Accounts for the benefit of Management and other stakeholders.
    • Timely and accurate reporting of monthly management accounts, investigating variances, correcting errors, liaising in identification of causes and where necessary providing explanations on departures from budget.
    • Co-ordinate weekly and monthly cash flows, ensuring all information is collated and up to date, monitoring of accuracy and liaising with Chief Accountant and Finance Director on funds management.
    • Develop an ongoing understanding of the systems and procedures of the Finance Department, administering them in the absence of any junior staff members.

    Qualifications, Experience and Skills

    Essential Qualifications

    • Cost or Chartered accountant with a Bachelor’s degree in finance or accounting
    • Strong technology skills on Microsoft office
    • 2 to 3 years plus of experience in manufacturing environment

    Skills

    • Highest order of Integrity and ability to maintain strictest confidentiality
    • Good communication and influencing skills
    • Good financial accounting skills, financial systems and general ledger skills
    • Good problem solving and process skills
    • Excellent self- management skills and the proven ability to meet strict targets and deadlines

    go to method of application »

    Cost Accountant

    Job Description

    The Cost Accountant will be tasked to ensure at any given time ACI cost reports are up to date, comparing actual costs vs estimated costs as well as forecasted costs are distributed appropriately within the set timelines. The Cost Accountant will be responsible for maintaining and controlling job costs by collecting and recording direct costs (materials, labour, subcontract services) and allocating indirect costs using a sound applicable methodology.

    Key Responsibilities

    • Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labour
    • Analyse costs of raw materials and other supplies and create cost-benefit analyses for diffrerent vendors
    • Analysing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
    • Recording cost information for use in controlling expenditures
    • Analysing audits of costs and preparing reports and Classify costs accurately
    • Review rates of depreciation, labour and overhead and suggest policy changes to improve numbers
    • Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
    • Maintaining Cost Accounting System
    • Maintain and review the general ledger and reconcile balance sheets
    • Conducts physical inventories and monitors cycle count program which provides reconciliations of Finished Goods, Raw Materials, Packaging Materials & GIT inventories

    Qualifications, Experience and Skills

    Essential Qualifications

    • Bachelor’s degree in finance or accounting/related field
    • Must have a CPA(K) Qualification
    • Must have a strong Cost systems background and have excellent analytical skills; sound understanding of accounting principals
    • Strong technology skills on Microsoft office
    • Minimum of 3 years demonstrated experience working in cost accounting, reporting, and cross team collaboration within a manufacturing environment.
    • Excellent Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports
    • Excellent analytical and reasoning skills, plus excellent organisational skills required

    Skills

    • Highest order of Integrity and ability to maintain strictest confidentiality
    • Good communication and influencing skills
    • Good financial accounting skills, financial systems and general ledger skills
    • Good problem solving and process skills
    • Excellent self- management skills and the proven ability to meet strict targets and deadlines

    Method of Application

    Interested and qualified? Go to African Cotton Industries Ltd on africancotton.com to apply

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