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- Oversee inventory tracking and reconciliation to maintain accurate records.
- Conduct regular inventory audits to identify discrepancies and implement corrective actions.
- Support procurement by ensuring timely payments and monitoring stock replenishment.
- Work with the finance and supply chain teams to align inventory valuation with financial reporting.
- Manage a structure landed costing process with high degree of accuracy.
- Manage productivity savings within operations to offset inflationary cost increases.
- Ensure accuracy on actual product costing and monthly COGS reporting.
- Analyze planned vs actual cost variances and ensure timely reporting of the drivers.
- Prepare and reconcile cash, bank accounts, and inventory records.
- Assist the Senior Accountant in generating reports related to cash flow and inventory status.
- Identify and escalate risks related to cash handling and inventory management.
- Implement and monitor internal controls related to inventory processes.
- Ensure compliance with company financial policies, local tax laws, and statutory regulations.
- Support audit processes by providing necessary documentation and reconciliations.
- Bachelor's degree in Accounting, Finance, Supply Chain Management, or a related field.
- CPA (K), ACCA, CIMA or equivalent professional qualification.
- Minimum of 3-5 years of experience in cost accounting, inventory control, or a similar role.
- Experience working with inventory management software.
- Familiarity with MBC ERP system and Vena is an advantage.
- Knowledge of Kenyan tax regulations is a plus.
- Strong reconciliation skills with high attention to detail.
- Proficiency in Microsoft Excel and financial/inventory management systems.
- Ability to analyze financial and inventory data to identify trends and discrepancies.
- Ability to manage multiple tasks, prioritize effectively, and meet deadlines.
- Strong problem-solving skills with a proactive approach to process improvements.
- Ability to work cross-functionally with finance, procurement, and operations teams.
- Strong written and verbal communication skills.
- High ethical standards and commitment to compliance with company policies and regulations.
Cost Accountant - Nairobi, Nairobi County - d India
2 months ago
Description
Location:
Nairobi, Kenya
Reporting to:
Financial Controller
Background
d.light is a global leader in making transformative products available and affordable to low-income families. d.light has sold 35 million products, including solar lanterns, solar home systems, TVs, radios, and smartphones, impacting the lives of over 193 million people. Our vision is to transform the lives of one billion people with sustainable products by 2030.
Position Description
The Cost Accountant will be responsible for ensuring accuracy of COGS and inventory. This role plays a critical part in financial operations, ensuring strong internal controls and compliance with company policies. The position works closely with the Senior Accountant to ensure seamless financial and inventory management processes.
Roles & Responsibilities
Inventory Management
Cost of Goods Sold
Reconciliation and Reporting
Internal Controls and Compliance
Requirements
Desired Skills and Experience
Education
Experience
Skills and Competencies
Technical Skills
Organizational and Analytical Skills
Collaboration and Communication
Integrity and Compliance
How To Apply
Interested and qualified candidates are invited to submit their application.
Please note:
Submission of both a
C
over Letter
and
CV
is
M
andatory
for consideration.
Only shortlisted candidates will be contacted.
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