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    Senior Accountant at - Nairobi, Kenya - Mzuri Sweets Ltd

    Mzuri Sweets Ltd
    Mzuri Sweets Ltd Nairobi, Kenya

    3 days ago

    Default job background
    Full time
    Description
    Mzuri Sweets Ltd has been proudly family owned for over 23 years.

    We have inherited positive values that forms the ethos of our company and we live by the motto that the livelihood of our much loved and dedicated staff should never stop.

    Duties and Responsibilities

    Assisting in the improvement in internal controls related to inventory
    Verifying accurate standard costs
    Reconciling inventory accounts to the general ledger
    Supervision of physical stock take, to ensure correct and accurate information is posted to the system.
    Analysis of variances and recommending write-offs where necessary.
    Computation of material usage variances, labour variances & overhead variances.
    Reconciliation of factory general ledger Accounts, analysing and reviewing factory budgeted costs
    New product costing
    Handling key factory reports i.e. monthly, Quarterly and Annual reports among others
    Setting accounting standards used in valuation of our products.
    Analysing production data to come up with standards to be used by the organization in its cost centres.
    Reviewing costs of different products in case of any variances in unit costs

    Ensure accurate and up-to-date information on quantities, locations, and product details by segregating stocks meant market and stocks held for reprocessing.

    Maintain accurate records of all inventory-related activities, including receipts, transfers, and shipments.
    Collaborate with various teams such as production, warehouse, sales and finance to ensure smooth inventory operations
    Investigating, addressing and escalating any stock discrepancies.
    Prepare stock holding report on daily basis giving insights on the stock balances including expiries.
    Contribute insights to optimize inventory levels and prevent overstocking or stock outs.
    Generating International POs and posting GRNs in SAP.
    Generating costing templates and ensuring accurate computation of landed cost for imported goods.
    Bill of material costing.
    Product costing and pricing of finished products, bulk items and pre-packs.
    Preparation of monthly material usage variance for production by ensuring compliance with bill of materials.
    Perform overhead allocations for products for proper product costing and pricing.
    Updating changes of product prices in the system and conducting pricelist and item group discounts audits.
    Price alignments of all SKUs for related category item groups and brands.
    Maintenance of item master data in the system.

    Monitoring slow moving goods and communicating the same to the marketing and sales team for a better market strategy.

    Monitoring stock expiries and run offer pricing for the goods nearing expiry in order to accelerate clear stocks.

    Desirable Qualification & Experience.

    Either Bachelor's degree in Accounting, Finance, Business Administration, Economics or related field of study. CPA finalist or ACCA. Minimum 7 years' experience and at least 3 years in supervisory role. Strong experience of cost accounting in a manufacturing environment
    (Experience in the Food Manufacturing & Confectionery industry is an added advantage).
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